Menu

Facebook to Appeal mGerman Ruling that Third-Party Customer Data Cannot Be Used to Target Ads

German authorities ruled Thursday that Facebook should not be allowed to use customer data from other apps and websites to help target advertisements shown on their Facebook pages without their explicit consent, saying it was exploiting its dominant position in social media. The Federal Cartel Office, or Bundeskartellamt, said Facebook was guilty of “exploitative abuse” […]

Read More

Twitter Shares Drop 10% as Revenue Outlook Disappoints

Shares in Twitter have fallen 10% after the social media company’s revenue forecast fell short of expectations. Revenue for the first quarter of 2019 is now expected to be between $715m and $775m, below analysts’ forecasts. Twitter also warned that its operating costs could rise 20% in 2019. The share fall came despite the company […]

Read More

Huawei: Tackling Security Concerns May Take Five Years

It will take three to five years for Huawei to address security issues raised by the UK government, the company has said. The Chinese firm, which has earmarked $2bn (£1.5bn) for the process, outlined the timetable in a letter to MPs. Huawei, the world’s biggest producer of telecoms equipment, faces allegations that its equipment could […]

Read More

Hotel Booking Sites to End ‘Misleading’ Sales

Expedia, Booking.com, Agoda, Hotels.com, ebookers and trivago have been investigated over high-pressure selling tactics and misleading discount claims, the competition watchdog says. The Competition and Markets Authority (CMA) was concerned the sites were making rooms seem more popular than they were. The sites will now say if commissions they receive affect the results. They also […]

Read More

Match Profit Forecast Misses as Tinder Marketing Costs Rise

Dating services provider Match Group Inc forecast first-quarter revenue and profit below Wall Street estimates on Wednesday, hurt by higher marketing expenses at its Tinder, Hinge and other apps. Online dating market is expected to grow to $12 billion by 2020, according to Nomura analysts, and Match has been investing heavily to grab a bigger […]

Read More

Tesla Cuts Model 3 Price for Second Time This Year

Tesla Inc said on Wednesday it was lowering the price of its Model 3 sedan for the second time this year, moves that come in the wake of Tesla losing a tax credit that made its cars more affordable for U.S. buyers. The company is ramping up production of the Model 3 and trying to […]

Read More

Child Abuse Images Hidden in Crypto-Currency Blockchain

Images of child sexual abuse have been found embedded in the system powering a high-profile crypto-currency. Somebody added the illegal images to the core ledger of Bitcoin Satoshi Vision (BSV) by using a payment processor. This ledger, known as the blockchain, is a running record of crypto-currency transactions, shared among users of the platform. Experts […]

Read More

US House Democrats want Apple to answer Questions on FaceTime Flaw

Two key U.S. House of Representatives Democrats on Tuesday asked Apple Inc Chief Executive Tim Cook, to answer questions about a privacy flaw in Apple’s group video chat software after a teenager and his mother tried for days to warn the iPhone maker of the bug. Apple said on Friday it had fixed the issue […]

Read More

Flickr Starts Culling Users’ Photos

Photo-sharing website Flickr is starting to delete users’ photos after changing its terms and conditions. The firm announced in November that it would no longer be allowing its members one terabyte of free storage. Under the new rules, there is a limit of 1,000 photographs for those who do not subscribe to the service at […]

Read More

U.S. Warns European Allies Not to Use Chinese Gear for 5 G Networks

The United States sees the European Union as its top priority in a global effort to convince allies not to buy Huawei equipment for next-generation mobile networks, a U.S. State Department Official said on Tuesday. After meetings with the European Commission and the Belgian government in Brussels, U.S. officials are set to take a message […]

Read More