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WASHINTON, United States (AFP) — Facebook remains the most popular social network among Americans but faces a growing challenge from Snapchat for young audiences, a survey showed Thursday. The Pew Research Center survey showed Facebook holding the dominant platform with 68 percent of Americans using the world’s biggest social network. While Facebook leads the other social networks in all age groups, the gap has narrowed in the key 18-24 segment, where 78 percent use Snapchat […]
PARIS, France (AFP) — French fashion brand Lacoste on Wednesday swapped the crocodile logo on its shirts for the first time in its history for 10 of the most endangered species on the planet. The green Lacoste crocodile — one of the world’s best-known logos — was replaced by the Sumatran tiger, the Javan rhino and the Cao Vit gibbon on the chest of its classic white polo shirts in a limited edition charity tie-in […]
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 Glenn Chapman Agence France-Presse SAN FRANCICSCO, United States (AFP) — Twitter announced Wednesday a crackdown on accounts powered by software “bots” which can artificially amplify a person or cause and which have been accused of manipulating the social network during the 2016 US election. The San Francisco messaging platform said the move was intended to rid the service of spam-spewing automated accounts, and not aimed at people using the service according to the rules. […]
by Michelle Yun Agence France-Presse TAIPEI, Taiwan (AFP) — From halal fried chicken to hot springs hotels with prayer facilities, Taiwan is adapting its traditional tourist draws to woo Muslim visitors as Chinese arrivals dwindle. Mainland tourist numbers have slid dramatically as China relations deteriorate, with speculation, authorities there are turning off the taps to pressure Taiwan’s Beijing-skeptic government. Taiwan is now looking to boost relations with 16 south and southeast Asian countries, as well […]
SAN FRANCISCO, United States (AFP) — Qualcomm said Wednesday its board would “promptly” consider a hostile $121 billion takeover bid by Singapore-based Broadcom following a meeting of top executives of the two computer chipmaking giants. “We met with representatives of Broadcom for two hours earlier today, and listened carefully to what they had to say,” Qualcomm said in a statement. “The Qualcomm board will promptly meet to discuss the meeting and to determine next steps.” The meeting […]
SAN FRANCISCO, United States (AFP) — Google is taking back Nest, the smart home unit of parent firm Alphabet, as part of an effort by the tech giant to battle rivals like Amazon and its Alexa digital assistant. Nest Labs, known for its smart home Wi-Fi thermostat, was acquired by Google in 2014 for $3.2 billion and later became an independent Alphabet “other bets” unit dedicated to connected devices. Wednesday’s announcement brings Google and Nest back together […]
SAN FRANCISCO, United States (AFP) — Apple on Wednesday confirmed it is fielding questions from US agencies about its move to slow down older iPhones as batteries weaken. “We have received questions from some government agencies and we are responding to them,” Apple said in an email response to an AFP query. The reply came as comment regarding a Bloomberg report that the US Department of Justice and the Securities and Exchange Commission are investigating whether Apple broke […]
SAN FRANSISCO, United States (AFP) — Microsoft on Wednesday reported a hefty loss in the past quarter, as it set aside billions of dollars for taxes on profits it expects to bring back to the United States following passage of a major tax overhaul. The technology giant said its loss for the quarter to December 31 was $6.3 billion — as it took a charge of $13.8 billion to pay its taxes. Revenue for Microsoft’s fiscal second […]
SAN FRANCISCO, United States (AFP) — Netflix shares raced higher in after-hours trade Monday as the streaming television giant reported better-than-expected gains in its global subscriber base and a quarterly profit that nearly tripled from a year ago. In its fourth quarter report, Netflix said it added 8.3 million new subscribers to bring its total paid membership base to 110.6 million. Net profit in the quarter surged to $186 million from $67 million a year earlier as […]
MOSCOW, Russia (AFP) — Seven lawsuits have been launched in Russia and “hundreds” dozens more are in the pipeline against US tech giant Apple which has already admitted to slowing the performance of older iPhone models, a lawyer for some of the plaintiffs said Wednesday. “We have sent seven lawsuits to Moscow courts — two have been received by the Tverskoy (Moscow district) court and in all we are going to send ten by the […]
SAN FRANCISO, United States (AFP) — Apple announced Wednesday it would pay some $38 billion in taxes — likely the largest payment of its kind — on profits repatriated from overseas as it boosts investments in the United States. The iPhone maker said in a statement it plans to use some of its foreign cash stockpile, which qualifies for reduced tax rates under a recent bill, to invest in new projects. Apple, which claims to be the […]
