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Facebook shares fell after the worst site outage in 13 years

On Monday, Facebook shares declined by around 5% after the firm experienced its worst service outage in about 13 years. The outage came a day after “60 Minutes” aired an interview with a whistleblower, who blamed Facebook for betraying democracy. Remarkably, the market was broadly down Monday, with the tech-heavy Nasdaq Composite sinking by more …

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Climate change

Big Oil is going all-in to resist climate regulations

America’s oil and gas industry is fighting tooth and nail to remove or reduce climate regulations in President Joe Biden’s $3.5 trillion Build Back Better program. The API runs sponsored ads on social media and swing Congressional districts to promote the Build Back Better proposal. According to a report issued Thursday by InfluenceMap, a think …

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IT Workers Facing Hostility Leaving Russia

U.S. stocks futures rose as 10-year Treasury yield dip

U.S. stocks futures increased on Wednesday as the rapid rise in the 10-year Treasury yield eased. Notably, it led investors to buy some beaten-up tech stocks on the dip. Futures on the Dow Jones Industrial Average surged 200 points or 0.6%. Meanwhile, S&P 500 futures increased 0.7%, while Nasdaq-100 futures recovered by 0.9%. In the …

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stocks, $100 Million Fund for International Expansion – Nreal

$100 Million Fund for International Expansion – Nreal

Nreal, a Chinese augmented reality eyewear company, has raised $100 million to develop new products and international fund expansions. Augmented reality indicates technology that allows digital images to be introduced into the real world. This is precisely the area where the world’s largest technology companies are investing. Nreal’s funding round is estimated at $700 million. …

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Facebook and new opportunities

Criticism to Facebook – What Is Company’s Strategy?

Facebook CEO Mark Zuckerberg signed a new initiative last month called Project Amplify. The initiative, which the company discussed at its January internal meeting, had a specific reason – to use the Facebook News Feed for positive stories. The goal was to improve the image and raise support for Facebook. Project Amplify has laid out …

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Russia Is Stepping Up Pressure On the Silicon Valley

Russia Is Stepping Up Pressure On the Silicon Valley

The EU is imposing even more fines on technology giants, while Russia puts pressure on Silicon Valley. Over the past year, Moscow has used several punitive measures against Western technology companies to force them to comply with broad demands on market practices, censorship, local data storage, and so on.  In response to pressure from the …

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Southeast Asia Has Added 70 Million Online Shoppers

Southeast Asia Has Added 70 Million Online Shoppers

According to a Facebook report, more than 70 million people have benefited from online trading in six Southeast Asian countries since the pandemic began. While governments have urged people to stay home to prevent coronavirus, there has been a rapid increase in digital services in Southeast Asia. Demand has increased in areas such as food …

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Facebook Released the First Pair of Smart Glasses

Facebook Released the First Pair of Smart Glasses

Facebook has introduced its first smart glasses that allow users to take photos and videos without even using a phone. The glasses were a collaboration with the company Ray-Ban and cost $449. It functionally resembles devices like the Snapchat Spectacles. Owners of the new glasses will upload visual footage to Facebook and other Facebook-owned platforms, …

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Reddit says goodbye to its Crypto Tipping Service TipJar

Reddit is looking for Advisors for IPO

Reddit, the operator of internet message boards that became the go-to destination for day traders pursuing this year’s frenzy for so-called “meme” stocks, is looking to engage investment bankers and lawyers. For an initial public offering in New York, according to two individuals familiar with the situation. In a private funding round last month, Reddit …

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JustForex Scam review

JustForex scam Review 2021: not recommended broker

Introduction: What is JustForex? According to the website, JustForex has appeared on the Forex market in 2021. Actually, we are pretty impressed with the website.  JustForex has put a reeeaally huge effort into making its website look trustworthy and reliable. They even claim that JustForex stands for the world’s most trusted forex broker. However, in reality, …

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Decentraland (MANA)- Price Updates

Decentraland (MANA)- Price Updates

Creating and populating a virtual metaverse appears to be something out of a science fiction novel. Decentaland and other blockchain protocols, on the other hand, are already building the virtual world’s infrastructure. Similarly, Facebook (NASDAQ: FB) revealed plans to create the next generation of the internet. The corporation sees the virtual world as the ultimate …

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Zoom reaches $86m settlement over user privacy

Zoom reaches $86m settlement over user privacy 

According to the latest news, Zoom agreed to pay $86 million and strengthen its security practices to settle a lawsuit. The lawsuit accused the firm that it violated users’ privacy rights by sharing personal data with Google, Facebook and LinkedIn. Moreover, it accused Zoom of letting hackers disrupt Zoom meetings in a practice called Zoombombing. …

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