IT & Tech recent news
Tencent reports Profit Increase despite looming WeChat ban
Tencent Holdings Ltd. reported a 29 percent increase in profit for the second quarter of the year despite fears its overseas operations might be...
Legal
Instagram Hit With Lawsuit Over Illegally Collecting Biometric Data From Users
Facebook Inc. is already under heavy scrutiny for illegally harvesting biometric data from its users, and now it's Instagram's time to face the music....
Mergers & Acquisitions
Toshiba Finally Bids Farewell to Laptop Business after 35 years
Once a leading PC manufacturer, Toshiba formally divested its remaining stake in the laptop business to Sharp and finally leaving the highly-competitive industry after...
Apple
Apple CEO Tim Cook Joins the Billionaires Club
Apple Boss Tim Cook joined the prestigious billionaire club as the market valuation of the company nears $2 trillion.
The company has been showing strong...
Apple
Apple Bans Xbox Games from iPhone
According to a recent announcement from the Cupertino based company, Apple decided to ban Xbox games from iPhone. This is a very interesting move...
Meta Platforms
Facebook Launches New Feature Called Reel On Instagram To Rival TikTok
It looks like Facebook is going for TikTok’s neck with its newly launched feature called Reel, which was launched on Wednesday. The feature is...
Covid-19
Trump Campaign Official Account Blocked by Twitter Over Covid-19 Misinformation
President Donald Trump's official campaign account was briefly suspended by Twitter on Wednesday. According to a statement from Twitter Inc., @teamtrump was violating the...
EU Launches In-depth Probe into Google’s Fitbit Acquisition
Google’s Fitbit acquisition may be hitting another snag after the European Commission announced that it is initiating a full investigation into the merger.
The European...
Meta Platforms
TikTok Copycat Instagram Reels Now Available Globally
It's well known that Microsoft is currently trying to buy the US subsidiary of TikTok, the hugely popular Chinese streaming platform, and rumors have...
Apple
Apple Turning iPhones Into Payment Terminals
Apple acquired Mobeewave, aiming to turn iPhones into mobile terminals. The Montreal-based tech startup has technology that uses an NFC chip to tap either...
Legal
Federal Trade Commission Fines Twitter for Exploiting Users Data
Federal Trade Commission may fine twitter and Twitter disclosed this information in a regulatory filing that it could face a fine of up to...
Microsoft Confirms Continuing Talks to Purchase TikTok in the U.S.
Tech giant Microsoft has allayed fears of a potential ban of TikTok in the U.S. announcing the resumption of talks for the purchase of...
Amazon
Amazon’s Internet-From-Space Kuiper Approved By FCC
Amazon has secured approval for its ambitious Kuiper constellation from the Federal Communications Commission. The plan will see the company launch 3,236 satellites into...
Amazon
Antitrust Hearing of the Top U.S Tech Companies: Here’s What You Need to Know
Mark Zuckerberg, the CEO of Facebook will appear before a Congressional leader subcommittee on Wednesday for an antitrust hearing along with the CEOs of...
SAP
SAP To Strategically Divest Qualtrics Through An IPO
German enterprise software developer SAP recently announced plans to let go of Qualtrics. It was acquired almost two years ago through a strategic divestiture...
Nvidia
Nvidia will build the most powerful supercomputer for universities. It will focus on artificial intelligence research
The University of Florida is poised to run the fastest artificial intelligence-rooted supercomputer in U.S. academia by early 2021 following millions in gifted funding...
Intel announces delays in its 7nm chip release
Intel’s announcement of a delay in releasing its 7-nanometer PC chip didn’t come as a surprise for the tech community.
For those following the narrative...
SAP
SAP Announces Intent to Spin Its $8 Billion Acquisition Qualtrics
Business software group SAP said on Sunday it planned to float Qualtrics, the U.S. specialist in measuring online customer sentiment, which it acquired in late...
Meta Platforms
Facebook lets you enable an extra layer of security supporting Face ID and Touch ID
Facebook today announced enhanced privacy and security features for Messenger on iOS, including a new "App Lock" feature. With this enabled, Facebook Messenger will require Face...
Microsoft
Slack files anti-competition complaints vs. Microsoft in EU
Slack Technologies, Inc. recently filed anti-competition complaints to the European Commission against Microsoft accusing the tech giant of anti-competitive behavior.
The workplace messaging service company...