For the first time, LinkedIn has officially surpassed $10 billion in annual revenue, five years after Microsoft announced its decision to acquire the platform for more than $26 billion, the company reported on its recent fiscal report released on Tuesday. Although Microsoft did not exactly reveal the number of the profits and losses made, officials did state that LinkedIn’s revenues were up by 46 percent in […]
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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 […]
Amazon displays a lenient approach towards digital currencies as a new job listing was posted on Friday on the e-commerce site seeking a digital currency and blockchain specialist to lead its payments team. As one of the biggest e-commerce companies in the world, Amazon is responsible for securing some of the widest transactions through various […]
U.S. tech giant Microsoft is in the final stages of talks with the Telangana government in India to set up a data center with an investment ranging between $2 billion to $2.25 billion, local media reports. If the discussions come to fruition, this would be one of the major investments of Microsoft outside the U.S. A few months earlier, Telangana Minister for IT and Industries KT Rama Rao […]
Chinese ride-hailing titan Didi plunged by more than 11 percent in New York shares on Thursday, following whispers of impending new penalties by Beijing on the company. The ride-hailing giant is once more exposed to further pressure from the Chinese government leading to harmful impact on its revenues after trustbusters ordered it to be removed […]
The revelation that a documentary filmmaker used voice-cloning software to make the late chef Anthony Bourdain say words he never spoke has drawn criticism amid ethical concerns about use of the powerful technology. The movie “Roadrunner: A Film About Anthony Bourdain” appeared in cinemas Friday and mostly features real footage of the beloved celebrity chef […]
Over the next five years, the UAE will witness a digital transformation to its economy as the country launched The National Program for Coders on Saturday. The initiative offers golden visas to 100,000 coders, as well as code training with tech giants. The UAE is going the extra mile to attract the best coders from around the globe, while offering them with the basis needed to develop innovative tech ideas. IT specialists and […]
E-commerce titan Amazon payed Facebook an undisclosed fee as part of its latest acquisition, terminating Facebook’s efforts to deliver internet connectivity. Amazon acquiring Facebook’s employees initiates the beginning of its plan to provide internet connectivity from low Earth orbit satellites, The Information reports. Back in April, Facebook’s team was added to Amazon’s 500-person group which […]
Microsoft along with technology human rights group Citizen Lab said on Thursday that an Israeli private firm named Candiru sold hacking tools that controls Microsoft Windows. The hackers created and sold a software than can penetrate Windows. This new growing business aim to find flows in common software platforms for their clients, according to a report by Citizen Lab. The clients […]
Facebook exposed on Thursday an Iranian cyber-spying operation that went after U.S. military personnel and people working at defense and aerospace companies. The tech giant said that group of Iranian hackers, known as Tortoiseshell, created fake social media profiles, and sent targeted malicious links to victims. The links that aimed to infect devices to enable espionage, used different tactics including setting up fake job recruiting sites. Facebook said the hackers tried to direct people to other websites, […]