U.S.-based videoconferencing platform Zoom revealed on Monday that its Q2 revenue surpassed $1 billion, the first time in the company’s history. In its financial report, the firm recorded in its second quarter of fiscal year 2022 (FY2022) announced that its quarterly revenue amounted $1.021.5 million, which represents an increase of 54 percent YoY. “In Q2, […]
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PayPal will reportedly host stock-trading on its platform for U.S. customers, as the American financial tech company welcomed a brokerage industry veteran to manage the new feature, cited by CNBC. Rich Hagen, the co-founder and former president of brokerage Ally Invest, is now Paypal’s chief executive officer of an undisclosed department called “Invest,” according to his LinkedIn profile. Hagen’s current job description showcases that the San Jose, California-based company is working on “exploring opportunities” in the consumer investment […]
Residents in Canada and the U.S. are being forced to take their Halloween parties somewhere else, as Airbnb will continue to ban one-night reservations for their entire home listings. According to the rental company, the ban which was introduced last year, will continue to take place in an effort to curb partying and large social […]
Cannabis e-commerce startup Jane Technologies has raised $100 million in a financing round organized by Honor Ventures. Not only did the million-dollar startup utilize e-commerce giant Amazon to its advantage, it embodied the identity of the friendly neighborhood dispensary that offers cannabis online. Jane Technologies currently makes up 20 percent of all legal cannabis sales […]
The UK Health Security Agency will work alongside NHS Test and Trace testing services in England, Scotland, Wales and Northern Ireland to monitor levels of antibodies in positive cases across the UK. The data collected will help estimate the proportion of those who got COVID-19 despite developing antibodies as a result of having a vaccine or […]
AI is not only revolutionizing the tech industry, it has also creeped its way to the health sector. Changi General Hospital (CGH), based in Singapore, employs more than 50 robots as doctors, surgeons and staff members. Tasks range from conducting surgery to carrying out office work, as these advanced AI machines have become a main […]
Facebook announced on Tuesday the launch of its Marketplace service to 37 countries and territories across Sub-Saharan Africa. The service is considered as a convenient destination where people can discover, buy, and sell items from others in their local communities, simply by tapping on the Marketplace icon to browse and search for items, or filter […]
Best Buy raised its sales outlook for the year Tuesday after breezing past Wall Street expectations in the second quarter. The nation’s largest consumer electronics chain joined other major retailers including Walmart, Target and Macy’s in putting up banner numbers, suggesting that Americans have continued to be spend even as the delta variant spreads. Department […]
Microsoft’s Power Apps platform exposed 38 million records of critical personal data of 47 organizations due to “platform issues,” a report by U.S.-based information security company, UpGuard revealed on Monday. UpGuard’s research team disclosed various data breaches caused by Microsoft’s Power Apps platform, granting public access leading to the latest trail of data exposure. Leaked […]
U.K.-based subscription service OnlyFans announced on Thursday its plans to ban sexually explicit content starting October. The platform enables creators to post different range of content and charge subscribers a monthly fee, however, it is best known for pornographic content. While the company will still allow their adult-content creators to post nude photographs and videos […]