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Senator asks Facebook CEO to testify on Instagram and kids

The senator leading a probe of Facebook’s Instagram and its impact on young people is asking Facebook CEO Mark Zuckerberg to testify before the panel that has heard far-reaching criticisms from a former employee of the company. Sen. Richard Blumenthal, D-Conn., who heads the Senate Commerce subcommittee on consumer protection, called in a sharply worded […]

Trump announces launch of his very own social media site

Nine months after being expelled from social media for his role in inciting the Jan. 6 Capitol insurrection, former President Donald Trump said Wednesday he’s launching a new media company with its own social media platform. Trump says his goal in launching the Trump Media & Technology Group and its “Truth Social” app is to […]

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 […]

Energy crunch hits global recovery as winter approaches

Power shortages are turning out streetlights and shutting down factories in China. The poor in Brazil are choosing between paying for food or electricity. German corn and wheat farmers can’t find fertilizer, made using natural gas. And fears are rising that Europe will have to ration electricity if it’s a cold winter. The world is […]

As Bitcoin goes mainstream, Wall Street looks to cash in

Love cryptocurrencies or hate the very idea of them, they’re becoming more mainstream by the day. Cryptocurrencies have surged so much that their total value has reached nearly $2.5 trillion, rivaling the world’s most valuable company, Apple, and have amassed more than 200 million users. At that size, it’s simply too big for the financial […]

GITEX Tech Week, day 3: Announcements buzz the event floor

The third day of GITEX Tech Week 2021 was one full of announcements; many companies had waited until everyone was immersed into the action to get them fired up with their innovations and news. Ceremonies, statements, new releases, partnerships, and the like reciting exciting opportunities opened up in the world of tech. Be they local, […]

U.S. Congress examines Amazon testimony, Senate introduces bill

Members of the U.S. House Judiciary Committee confronted Sunday Amazon’s lead executives in a letter accusing them of misleading the Congress and potentially lying about the e-commerce giant’s business habits. The letter, signed by five Committee members, is taking into consideration “whether a referral of this matter to the Department of Justice for criminal investigation […]

Microsoft marks GITEX appearance with its innovative booth

As one of the Big Tech players, naturally, Microsoft UAE had to mark its presence during Dubai’s 2021 tech gala.Presenting one of the largest and most notable booths in GITEX, Microsoft designed it to host all its partners, as well as companies the giant is in collaboration with. Representing a variety of tech solutions, ranging […]