Representatives from tech giants, such as from Google, Amazon, Apple and Facebook, are set to testify before a House of Representatives congressional committee on June 16. The The hearing will discuss the formidable market power wielded by online platforms. In… Read More ›
The bulk of the spending on advertising will be allocated to social media ads and paid searches on search engines. As per a report prepared by Zenith, an industry forecaster, companies across the globe would have spend nearly $581 billion… Read More ›
Weeks after the Cambridge Analytica fiasco, Facebook has admitted to sharing users’s data, with its Chinese partners. Following Facebook Inc’s disclosure that it had shared data with its Chinese partners, which includes Huawei, the social media giant has come under… Read More ›
Judge Richard Leon is expected to take a decision on the proposed merger by June 12. As per a court filing, AT&T wants a federal judge to reject any request by the U.S. Justice Department which compels it to divest… Read More ›
National security letters (NSL) are a form of subpoena for communications data sent to service providers and are typically accompanied by a gag order. While not requiring a warrant, they imply that the target being surveyed is unaware of their… Read More ›
Acton co-founded WhatsApp with Ukrainian immigrant Jan Koum in 2009. The company was acquired by FB in 2014 for $19 billion. Facebook announced in a post that Brian Acton, who co-founded WhatsApp, will be leaving the messaging service company in… Read More ›
This is the second time that Facebook has been found manipulating its metrics to boost its revenues. As per an analyst at Pivotal Research Group, Facebook Inc is inflating the number of people who can see advertisements on its platform…. Read More ›
Midwestern states have become a magnet for data centers of tech companies in the state. Apple has disclosed that it will build a $1.375 billion data center in Waukee, Iowa and receive $207.8 million in incentives from the Iowa Economic… Read More ›
Despite investor fears of the bursting of the bubble, analysts say, there are some real earnings which support the bull run in the tech sector. It has taken seventeen long years for the S&P 500 index to recover from… Read More ›
Many U.S. companies, including those from the oil industry, see the step as regressive. American companies seem to disagree with U.S. President Donald Trump’s decision to withdraw from the landmark Paris climate accord, which can stave off an economic crisis… Read More ›
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