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Musk says Hertz did not finalize 100,000 Tesla deal, Hertz fires back

Elon Musk announced on Monday that Tesla has not signed a contract with Hertz, despite the rental car firm’s disclosure a week ago of a significant deal with the electric car manufacturer. Tesla shares jumped by 12.6 percent following the announcement of a massive order from Hertz of almost 100,000 vehicles on October 25, granting […]

Facebook cancels 937 accounts linked to Nicaragua government

Meta Platforms, the company that runs Facebook, said Monday it has canceled 937 accounts linked to the government of Nicaragua and the Sandinista party of President Daniel Ortega. Meta said it also removed 140 deceptive pages, 24 groups and 363 Instagram accounts for violating the company’s policy against “coordinated inauthentic behavior on behalf of a […]

Facebook grilled by UK lawmakers making online safety rules

British lawmakers grilled Facebook on Thursday over how it handles online safety as European countries move to rein in the power of social media companies. Facebook’s head of safety said the tech giant supports regulation and has no business interest in providing people with an “unsafe experience.” Representatives from Google, Twitter and TikTok also answered […]

America 'on fire': Facebook watched as Trump ignited hate

The reports of hateful and violent posts on Facebook started pouring in on the night of May 28 last year, soon after then-President Donald Trump sent a warning on social media that looters in Minneapolis would be shot. It had been three days since Minneapolis police officer Derek Chauvin kneeled on the neck of George […]

Facebook’s ad revenue takes hit from Apple ATT update

Following Facebook’s financial results released on Monday, the social networking giant is anticipating a damaging effect rising from Apple’s iPhone privacy alterations led by Snap Inc’s missed revenue targets. In April, the iOS developer incorporated additional privacy updates to prohibit advertisers from monitoring iPhone users without their permission. Apple’s move fueled fear in digital ad […]

Facebook's oversight board seeks details on VIPs' treatment

Facebook’s semi-independent oversight board says the company has fallen short of full disclosure on its internal system that exempts high-profile users from some or all of its content rules. Facebook “has not been fully forthcoming” with the overseers about its “XCheck,” or cross-check, system the board said in a report Thursday. It also said it […]

Supernational fronts retaliate against cybercrime group REvil

Cybercrime group REvil was infiltrated by U.S. governmental agencies and obliged to go dark after cybercrime operation attacking from supernational fronts, reported by Reuters.  Speculations circulating the group’s recent absence following Recorded Future security specialist Dimitry Smilyanets went to Twitter to reveal various messages from the account of a famous REvil operator, ‘0_neday.’ The messages displayed […]

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 […]

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 […]

Epic explores Blockchain, NFT assets, after Steam ban

Famous gaming platform Epic Games plans to open its doors to blockchain-based payments on its store, following its rival’s announcement to ban blockchain technology and NFT assets on its platform, The Verge reports. Epic is considering the implementation of cryptocurrency technology into its platform, in addition to blockchain-based assets on its game store. The multinational gaming company […]