Uber’s ride-hailing service is regaining the momentum that it lost during the pandemic, but it’s coming at a cost that’s raising more doubts about the company’s ability to make money. At the same time, Uber’s unprofitable delivery service is still growing at a torrid pace, indicating that some homebound habits may be here to stay, […]
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Lawyers for a senior Huawei executive argued in a Canadian court Wednesday that the United States “strategically crafted” a misleading record of the fraud case against her and acted “in bad faith” when presenting reasons she should be extradited. Huawei Technologies Chief Financial Officer Meng Wanzhou, who is the daughter of the company’s founder, was […]
The retail and cloud giant is offering $10 in credit if you enroll your palm print in its checkout-free stores and link it to back to your profile. Amazon introduced its new biometric palm print scanners, Amazon One, last year. Customers were able to purchase their desired products in specific stores by waving their palm prints over one of these scanners. By February, the company branched out its palm scanners […]
Some of China’s biggest gaming firms experienced a 10 percent decline in shares on Tuesday, after being labelled as “spiritual opium” by a state-owned media outlet. China’s largest social media and video games firm Tencent recorded a plunge of 10 percent during early trade, while NetEase lost as much as 14 percent in Hong Kong; […]
Social media platforms have the power to turn fiction into facts. Facebook, Instagram, Twitter, and several other platforms function as a powerful distributing machine for data. Thus, with great power comes great responsibility, and Twitter is staking a step further to ensure its power is in the right hands. In a blog post, the micro-blogging platform officially announced […]
European Union regulators are opening an in-depth investigation of Facebook’s plan to buy Kustomer over concerns that the deal would stifle competition for customer relationship management software. The EU Commission said Monday it’s also investigating the acquisition because of worries that Facebook would get more data for personalized ads, handing it even more of an […]
It’s a sad day for Android users holding on to older versions, as a new rule set by Google suggests that older Android devices running Android 2.3.7 Gingerbread or older will not be able to utilize the multinational tech company any longer. Google sent out an email recently justifying the new changes for old Android users, noting that as part of the tech giant’s ongoing efforts to keep users safe, Google will no longer […]
Luxembourg National Commission for Data Protection (CNPD) penalized on July 16 e-commerce titan Amazon with a roaring $888 million fine over allegations of violating EU’s data protection laws. The decision came against Amazon Europe Core under the pretense that Amazon is processing customer personal data. The verdict is based on a 2018 complaint by French […]
Digital payments company Square Inc. says it has agreed to acquire Afterpay, which provides a “buy now, pay later” option for merchants, in an all-stock deal valued at about $29 billion. Square allows retailers to process credit card transactions using devices that plug into tablets or smartphones. The San Francisco-based company said Sunday it plans […]
Famous Beijing-based giant Didi denied any allegations of plans to go private in a bid to satisfy the Chinese government amidst latest regulations concerning users’ data security. After the Wall Street Journal released a report discussing the possibility of Didi going private, the ride-hailing app’s shares increased by approximately 50 percent in Thursday’s pre-market trade. The company has been targeted by Beijing regulators ever […]