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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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Children’s Smartwatch Recalled Over Data Fears

The European Commission has ordered the recall of a children’s smartwatch because it leaves them open to being contacted and located by attackers. In its recall alert, the Commission said the Enox Safe-Kid-One device posed a “serious” risk. Data sent to and from the watch was unencrypted allowing data to be easily taken and changed, […]

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Apple Reportedly Settles French Tax Bill

iPhone-maker Apple has reached a deal with French authorities to pay back taxes. French magazine L’Express reported that the firm paid nearly €500m ($570m, £439m) in a confidential settlement reached late last year. Apple’s French business confirmed there was a deal in a statement to the Reuters news agency but refused to say how much […]

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Amazon: Facial Recognition Bias Claims Are ‘Misleading’

Amazon has defended its facial-recognition tool, Rekognition, against claims of racial and gender bias, following a study published by the Massachusetts Institute of Technology. The researchers compared tools from five companies, including Microsoft and IBM. While none was 100% accurate, it found that Amazon’s Rekognition tool performed the worst when it came to recognising women […]

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Key Fact-Checkers Stop Working with Facebook

Two leading fact-checking agencies have stopped their work with Facebook, striking a blow to the network’s efforts to fight fake news. The social network had paid the Associated Press and Snopes to combat its misinformation crisis. But both firms confirmed they are no longer checking articles. The AP told the BBC it was in “ongoing […]

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