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by Glenn Chapman Agence France Presse SAN FRANCISCO, United States (AFP) — Facebook on Wednesday reported a sharp jump in profits in the past quarter, with gains in its user base and strong ad growth as the social network appeared to see no impact from a controversy over privacy. Profit in the first quarter of 2018 leapt 63 percent from a year ago to $5 billion, and total revenues increased 49 percent to $11.97 […]
WASHINGTON, United States (AFP) — Automated accounts or “bots” play a big role in disseminating information on Twitter, accounting for two-thirds of tweets linking to popular websites, a study showed Monday. The Pew Research Center report found bots were a major source for diffusing information on news, sports, entertainment and other topics. The researchers found that of all tweeted links to popular websites, 66 percent were shared by accounts that appeared to be automated rather […]
by Theo Merz Agence France Presse MOSCOW, Russia (AFP) — Russia’s telecoms watchdog on Friday asked a Moscow court to block the popular messaging app Telegram after the expiry of a deadline for it to give the state security services access to private conversations. The lawsuit is the latest move in an ongoing battle between authorities and Telegram, which has a reputation for secure communications, as Moscow pushes to increase surveillance of internet activities. […]
by Shaun Tandon / Ali Bekhtaoui Agence France Presse NEW YORK, United States (AFP) — Spotify soared Tuesday to a value of more than $26 billion in its long-awaited stock debut as the market delivered a ringing endorsement of the future of music streaming. In one of the largest public offerings ever in the tech sector, Spotify on its first day topped the market capitalization of other high-profile recent market entrants, including Twitter, […]
by Glenn Chapman Agence France Presse SAN FRANCISCO, United States (AFP) — An appeals court on Tuesday gave Oracle another shot at wringing billions of dollars from Google in a keenly watched legal battle over the use of freely available Java software code. A federal appellate court revived Oracle’s case, ruling that the application programming interface (API) code at issue is protected by copyright law and sending the case back to the original judge to […]
by Sylvie Lanteaume Agence France Presse WASHINGTON, United States (AFP) — The US military has for years enjoyed a broad technological edge over its adversaries, dominating foes with superior communications and cyber capabilities. Now, thanks to rapid advances by Russia and China, the gap has shrunk, and the Pentagon is looking at how a future conflict with a “near-peer” competitor might play out. Air Force Secretary Heather Wilson recently warned that both Russia and […]
NEW YORK, United States (AFP) — Google on Tuesday launched a new initiative, committing $300 million to help news publishers get more paid subscribers while stemming the flow of misinformation. The internet giant described the Google News Initiative as part of an “effort to help journalism thrive in the digital age.” The announcement in New York followed a series of commitments to help the troubled sector by Google, which has been accused by some in […]
by Alice Ritchie © Agence France-Presse LONDON, United Kingdom (AFP) — Cambridge Analytica, the British firm at the centre of a major scandal rocking Facebook, suspended its chief executive Alexander Nix Tuesday, as he became embroiled in fresh controversy and lawmakers on both sides of the Atlantic demanded answers over the data breach. Recordings of Nix emerged Tuesday evening in which he boasts about the company’s expansive role in Donald Trump’s presidential campaign, claiming it did […]
by Rob Lever © Agence France-Presse WASHINGTON, United States (AFP) — Facebook shares plunged Monday as the social media giant faced an onslaught of criticism at home and abroad over revelations that a firm working for Donald Trump’s presidential campaign harvested and misused data on 50 million members. Calls for investigations came on both sides of the Atlantic after Facebook responded to the explosive reports of misuse of its data by suspending the account of Cambridge […]
PARIS, France (AFP) — France will take legal action against Google and Apple for “abusive business practices”, Finance Minister Bruno Le Maire said Wednesday as transatlantic ties threaten to be riven by a trade war. “I believe in an economy based on justice and I will take Google and Apple before the Paris Commercial Court for abusive business practices” against French start-ups, Le Maire said on RTL radio. He said start-ups face conditions imposed […]
by Glenn Chapman Agence France Presse SAN FRANCISCO, United States (AFP) — Dropbox filed Friday for an initial public offering, seeking to raise an estimated $500 million for the Silicon Valley cloud computing storage startup. The San Francisco company claimed 500 million users in 180 countries and $1 billion in annual revenues in documents filed with the Securities and Exchange Commission. Dropbox said its shares will trade on the Nasdaq under the symbol “DBX.” […]
by Rob Lever Agence France Presse WASHINGTON, United States (AFP) — The annual cost of cybercrime has hit $600 billion worldwide, fueled by growing sophistication of hackers and proliferation of criminal marketplaces and cryptocurrencies, researchers said Wednesday. A report by the security firm McAfee with the Center for Strategic and International Studies found theft of intellectual property represents about one-fourth of the cost of cybercrime in 2017, and that other attacks such as those involving […]
