Facebook systems’ sudden emergence to darkness on Monday sends the social media mogul stoke to plummet by almost 5 percent, bleeding Mark Zuckerberg net worth by more than $6 billion, according to Bloomberg’s Billionaire Index. During the same time its global head of safety Antigone Davis went live on CNBC to clear the company’s image over the […]
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As the whole world went semi-offline last night due to a six-hour outage on Facebook, WhatsApp and Instagram, the main question on everyone’s mind was “what’s happening to our social media platforms?” Well, Facebook cleared the air in a blog post right after the outage was fixed. Apparently, the answer to the popular question isn’t as gripping as most of […]
Facebook and its Instagram and WhatsApp platforms are back online after a massive global outage plunged the services and the businesses and people who rely on them into chaos for hours. Facebook said late Monday that “the root cause of this outage was a faulty configuration change” and that there is “no evidence that user […]
The ruling Communist Party is tightening political control over China’s internet giants and tapping their wealth to pay for its ambitions to reduce reliance on U.S. and European technology. Anti-monopoly and data security crackdowns starting in late 2020 have shaken the industry, which flourished for two decades with little regulation. Investor jitters have knocked more […]
Famous cryptocurrency exchange platform Coinbase underwent a cyber threat, breaching 6,000 accounts by detouring around the platform’s security feature. Coinbase informed thousands of its users that the company detected a “third-party campaign to gain unauthorized access to the accounts of Coinbase customers and move customer funds off the Coinbase platform.” On Friday, Bleeping Computer sparked attention that […]
As India’s networking market evolved in Q2 2021, the country’s Department of Telecommunications (DoT)brutally edged down its sword on telcos Vodafone Idea (VI) and comrade Bharti Airtel by forcing them to pay heavy fines in three weeks concerning flouting of license terms. This harsh decision could not have been taken in a more critical time […]
Frances Haugen, a former Facebook product manager, revealed during an interview with CBS News’ 60 minutes that she’s the one leaking confidential internal documents to media outlets such as The Wall Street Journal. “The thing I saw at Facebook over and over again was there were conflicts of interest between what was good for the public and what was good for Facebook. And Facebook, over and over again, chose to optimize for […]
Almost 8 months following Twitter’s permanent ban of Former President Donald Trump from the platform, the ex-commander-in-chief is pleading his case to a federal judge to bring him back to the micro-blogging site. According to the complaint filed in the Southern District of Florida on Friday, Donald Trump is arguing that Twitter, “coerced by members […]
American electric vehicle maker, Rivian, has officially filed its initial public offering (IPO) Friday on Nasdaq, following a confidential filing to the Securities and Exchange Commission (SEC) earlier on in August. The EV company, which is vouched for by Ford and Amazon, wrote in the filing that they have not generated substantial revenues due to being stuck […]
As supply-chain shortages continue to extend into 2022 due to COVID-19, chip manufacturing giants are exhibiting what the future could hold, and it won’t include the same price list pre-pandemic. While the ongoing chip shortage managed to reconcile its situation, the same cannot be expressed about its pricing list. The state of the semiconductor industry […]