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by Rob Lever Agence France Presse WASHINGTON, United States (AFP) — Amazon founder Jeff Bezos, the richest person on the planet, said Thursday he was creating a philanthropic fund to help homeless families and launch preschools in low-income communities, committing an initial $2 billion to the cause. Bezos made the announcement on Twitter a year after asking for ideas on how he could use his personal fortune — now estimated at more than $160 […]
by Glenn CHAPMAN Agence France Presse SAN FRANCISCO, United States (AFP) — Apple on Wednesday was expected to unveil new iPhones, playing up eye-grabbing edge-to-edge screens in a bid to strengthen its position in a largely saturated global smartphone market. Apple has remained mum about revelations planned for the event at its spaceship campus in Silicon Valley, but the timing fits its pattern of annually introducing iPhone updates. In a first for Apple, the event […]
PARIS, France (AFP) — Facebook said Wednesday it is rolling out globally its Watch video service, which has already been available in the United States for more than a year. “We designed the product not just in a mindless consumption but in order to get people engaged,” said Fidji Simo, Facebook’s vice president for video. Facebook launched Watch amid a shift in video viewing habits away from traditional television to online platforms including Netflix and […]
WASHINGTON, United States (AFP)–Facebook users around the world reported the social network was briefly inaccessible Monday, with many taking to Twitter to voice their frustration. Reports of issues on the downdetector.com website began around 2100 GMT, with users particularly affected in North America and Europe. The outage lasted less than 90 minutes before normal service resumed. Some users had read-only access while others were unable to log in. “Earlier today, a networking issue caused some […]
SAN FRANCISCO, United States (AFP) – Apple on Thursday sent out invitations to a September 12 event at which it is expected to unveil new additions to its money-making iPhone line-up. In typical enigmatic style, Apple offered scant clues to what it has in store for the presentation to take place in the Steve Jobs Theater at its spaceship campus in the Silicon Valley city of Cupertino. Invitations had the words “Gather round” under a […]
SAN FRANCISCO, United States (AFP)–A boxing bout between YouTube celebrities Logan Paul and KSI has appalled aficionados of the noble art but left the two protagonists laughing all the way to the bank. More than 15,000 fans crowded into Britain’s Manchester Arena on Saturday to watch boxing novices Paul and KSI — real name Olatunji Olajide — clamber into the ring for a six-round contest. A further 773,000 fans were reported to have paid […]
SAN FRANCISCO, United States (AFP) — Toyota will pump about $500 million into Uber as part of a deal to work together on mass-producing self-driving vehicles, the Japanese car giant said on Tuesday. The deal, which reportedly values Uber at about $72 billion, aims at “advancing and bringing to market autonomous ride-sharing as a mobility service at scale,” Toyota said in a statement. Technology from both companies will be integrated into purpose-built Toyota vehicles […]
SAN FRANCISCO, United States (AFP)–Tinder founders and early employees filed a lawsuit Tuesday accusing parent firm InterActiveCorp of cheating them out of billions of dollars by manipulating the value of stock options for the popular dating app. The suit filed in New York contends that IAC and its spinoff Match Group, which owns Tinder, schemed to dramatically drive down the value of stock options and then eliminate them altogether. The companies “made contractual promises to […]
Poland, whose right-wing government opposes taking in migrants, may have to look to Filipino workers to cover a growing labor shortage hurting the economy, a senior official said Saturday. “We are on course to conclude an agreement. I hope that in the autumn we will be able to at least sign a preliminary accord” with the Philippine authorities, Deputy Labor Minister Stanislaw Szwed said according to a PAP news agency report. Szwed noted that Poland and […]
WASHINGTON, United States (AFP)–Google parent Alphabet shares lifted Monday on a stronger-than-expected earnings report for the past quarter, as the tech giant’s results eased concerns over huge fines imposed by the European Union for antitrust actions. Profit dipped 9.3 percent to $3.2 billion in the second quarter after accounting for the EU fines, the company said. Revenues meanwhile jumped 26 percent from a year ago to $32.7 billion, better than most analysts expected. Shares in […]
WASHINGTON, United States (AFP) – Uber made a move into electric scooters Monday, as the ride-service giant agreed to a strategic partnership with Lime, one of the major players in the fast-growing segment. Lime announced the new $335 million investment to be led by GV — formerly Google Ventures — with additional funding from Google parent Alphabet and others including Uber. Uber will make “a sizable investment,” according to Lime co-founder and chief executive Toby […]
NEW YORK, United States (AFP) – Twitter shares tumbled Monday on concerns the social media’s efforts to crack down on fake accounts would affect its user base, and potentially its finances. At 1810 GMT, shares of the social media company were down 6.0 percent at $43.89 after earlier shedding almost 10 percent. The decline follows a report late Friday in the Washington Post that described how Twitter’s greater scrutiny of user data had resulted in […]
