Facebook’s success is rapidly taking flight; however, it’s about to face serious challenges on multiple fronts. The company’s revenue grew 56 percent year-on-year (YoY) in the second quarter, amounting to $29 billion, according to a statement published on Wednesday. Facebook’s savvy marketing strategy and technological advancement managed to double its quarterly profit to almost $10.4 billion, $8.7 billion more than what analysts estimated. If this isn’t impressive enough, then take […]
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Asian stocks mostly rose Thursday after the Federal Reserve kept its accommodative monetary policies and signaled that economic recovery was on track. Chinese technology giants led the way, as authorities moved to soothe jitters over anti-monopoly and data security enforcement against the industry. Tokyo’s Nikkei 225 gained 0.4% to 27,687.28, while the Kospi in South […]
It’s every parent’s worst nightmare. Viewing your child’s social media accounts only to find obscene messages from older users intended for your preteen son or daughter. Unfortunately, nightmares like this are a reality for a rapidly increasing number of parents, as more youngsters’ dive into the social media world. Luckily, Instagram has decided to take it in their hands to put an end to child predators roaming the photo and video-sharing site. […]
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 […]
Over the years, cybersecurity has increasingly become a major issue. Rightfully so, as multiple organizations have been compromised by cyberattacks within a matter of seconds, placing sensitive information in the hands of opportunistic tech criminals. However, Brazil isn’t taking any risk, as the country is prioritizing cybersecurity by creating a cyberattack response network, with the goal of encouraging fast action toward cyberattacks. The Federal Cyber Incident Management Network will embody the Institutional Security Office of […]
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 […]
Tesla’s quarterly profit has surpassed $1 billion for the first time thanks to the electric car pioneer’s ability to navigate through a pandemic-driven computer chip shortage that has caused major headaches for other automakers. The financial milestone announced Monday extended a two-year run of prosperity that has erased questions about Tesla’s long-term viability raised during […]
China’s industry ministry has announced a 6-month campaign to clean up what it says are serious problems with internet apps violating consumer rights, cyber security and “disturbing market order.” The Ministry of Industry and Information Technology said in an online notice that, among other things, companies must fix pop-ups on apps that deceive and mislead […]
Snapchat, the social media application that everyone used back in the day just rose back from its pitfall. From its inception in 2011, the messaging application was the first to introduce the concept of pictures and messages being only available for a short period of time before becoming inaccessible to recipients. Ten years later, and the wondrous little app is witnessing its […]
Florida Gov. Ron DeSantis and other officials pressed the White House on Thursday to support efforts to preserve internet service to antigovernment protesters in Cuba, even advocating the use of giant balloons as floating Wi-Fi hotspots to allow images of dissent to stream unabated from the authoritarian nation. Cuban authorities blocked social media sites in […]