For more than a year, the federal government has surrounded Big Tech and its business practices. On Wednesday, members of the House of Representatives will unfold evidence their staff has found and put direct pressure on some of the world’s top executives. Four of the most prominent CEOs of technology: …
Read More »Snap ‘is performing better than its social media peers’ as it moves into the second half of 2020
After Snap Inc. shares initially sank in the news of its second-quarter results on Tuesday, they recovered quickly once analysts read the fine print and dug deep into the numbers. Quarterly losses increased, but so did daily active users and revenue, with strong indications that the current quarter is shaping …
Read More »The Republican senator demands answers after the attack: “Did this attack threaten the security of the President’s own Twitter account?”
“ ‘A successful attack on your system’s servers represents a threat to the privacy and data security of all its users. … Did this attack threaten the security of the President’s own Twitter account? “ – Republican Senator Josh Hawley of Missouri The above lines came Wednesday from Republican Sen. …
Read More »Twitter regains control after major accounts hijacked to tweet bitcoin scams
Twitter Inc. accounts belonging to top U.S. executives, lawmakers and celebrities were compromised on Wednesday and appeared to be used in an attempt to divert bitcoin from its followers on social media until the company regained control of your site hours later. After a series of cryptocurrency-related Twitter accounts were …
Read More »Big Tech’s latest reckoning is coming as it continues to rack up record valuations
Tech’s top four CEOs should be nervous as they approach a virtual hearing on July 27 before the House of Representatives’ Antitrust Subcommittee on the Judiciary. Apple Inc.’s AAPL Tim Cook, Amazon.com Inc. AMZN Jeff Bezos, Facebook Inc.’s full board Mark Zuckerberg and Alphabet Inc.’s GOOGL GOOG Sundar Pichai can …
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