Search results for "meta platforms "

Facebook to refurbish its image with a rebrand

Facebook announced on Tuesday plans to rebrand its image by changing its name to mirror the tech giant’s recent emphasis on creating its metaverse, according to The Verge.  Mark Zuckerberg is planning to change the social networking company’s name, with the new label will be announced next week at the company’s annual Connect conference on October […]

Novi, Facebook digital wallet sirens regulatory warning

Facebook launched on Tuesday its own digital wallet Novi to support decentralized currencies in collaboration with Coinbase and was faced with an urge from U.S. senators and lawmakers to cease the wallet’s pilot release, effective immediately.  One notion Facebook’s six-hour outage proved to us: the magnitude of our reliance on just one company. Facebook made […]

Brave launches a non-tracking video call feature

Brave Software, a privacy and security-based software firm is welcoming a video conference feature under the name “Brave Talk’, emphasizing a privacy-conscious video chat option embedded into its own browser. Through clicking on the camera icon or by visiting the page talk.brave.com, users of the Brave browser can enjoy a non-tracking video call option and […]

Facebook tech chief Mike Schroepfer to step down

Facebook’s Chief Technology Officer Mike Schroepfer is stepping down from the social media company, taking on a part-time role while longtime executive Andrew Bosworth will replace him next year. Schroepfer, known as “Schrep,” has been at Facebook for 13 years and is a close friend of CEO Mark Zuckerberg. He called his decision difficult “because […]

Research into Microsoft employees takes jab at remote work

A study conducted on Microsoft employees in the U.S. found that the company’s unprecedented transformation to remote work resulted in a decline in communication and collaboration levels between internal departments, risking employee productivity and long-term innovation. The findings are a result of a peer-reviewed study consisting of over 61,000 Microsoft employees, published on Thursday by […]

Congress asks tech companies for Jan. 6 records

A House committee investigating the Jan. 6 U.S. Capitol insurrection has requested that telecommunications and social media companies preserve the personal communications of hundreds of people who may have somehow been connected to the attack. It’s a sweeping public demand from Congress that is rare, if not unprecedented, in its breadth and could put the […]

Facebook profits soar but its success might be short-lived

Facebook’s success is rapidly taking flight; however, it’s about to face serious challenges on multiple fronts.   The company’s revenue grew 56 percent year-on-year (YoY) in the second quarter, amounting to $29 billion, according to a statement published on Wednesday.  Facebook’s savvy marketing strategy and technological advancement managed to double its quarterly profit to almost $10.4 billion, $8.7 billion more than what analysts estimated.  If this isn’t impressive enough, then take […]

This is what Facebook will look like in five years

It’s 9 a.m. The average summer heat wave feels less intense today as you’re walking down your neighborhood. The strong craving for a croissant consumes your thoughts as you’re contemplating what to have for breakfast. Out of nowhere, a bakery appears next to you with various croissant options to satisfy your cravings. You stop, choose your breakfast, only to realize […]

Three billion gamers by 2024 as yearly revenues exceed $200 Bn

If you’re a gamer, then it’s a great time to be alive with all the new releases happening on almost every gaming platform; and this has been outlined by Newzoo’s new global games market report for 2021. Powered by just under 3.0 billion gamers, the global games market will generate $175.8 billion via consumer spending in 2021, representing a […]

How Big Tech created a data 'treasure trove' for police

When U.S. law enforcement officials need to cast a wide net for information, they’re increasingly turning to the vast digital ponds of personal data created by Big Tech companies via the devices and online services that have hooked billions of people around the world. Data compiled by four of the biggest tech companies shows that […]