business news

How tech companies and users can protect privacy

SENSITIVE MATERIAL. THIS IMAGE MAY OFFEND OR DISTURB Abortion rights participating in nationwide demonstrations following the leaked Supreme Court opinion suggesting the possibility of overturning the Roe v. Wade abortion rights decision, in New York City, US, May 14, 2022. Caitlin Ochs | Reuters The Supreme Court’s decision on Friday to roll back the right …

How tech companies and users can protect privacy Read More »

Mark Zuckerberg envisions 1 billion people in the metaverse

Meta Platforms CEO Mark Zuckerberg told CNBC’s Jim Cramer on Wednesday that the metaverse could be a considerable part of the social-network operator’s business in the second half of the decade. “We hope to basically get to around a billion people in the metaverse doing hundreds of dollars of commerce, each buying digital goods, digital …

Mark Zuckerberg envisions 1 billion people in the metaverse Read More »

Mark Zuckerberg shows early metaverse headsets Mirror Lake, Holocake

The company formerly known as Facebook is going to spend $10 billion this year on research and development on virtual reality and augmented reality technologies, including computerized glasses or headsets. On Monday, Meta CEO Mark Zuckerberg showed off how much progress the social media company has made towards that goal by revealing many of the …

Mark Zuckerberg shows early metaverse headsets Mirror Lake, Holocake Read More »

We’re an entertainment app, not a social network like Facebook

ByteDance Ltd.’s TikTok app is displayed in the App Store on a smartphone in an arranged photograph taken in Arlington, Virginia. Andrew Harrer | Bloomberg | Getty Images TikTok is fully aware that Meta CEO Mark Zuckerberg is retooling the Facebook and Instagram apps to be more like its own popular short video service. But …

We’re an entertainment app, not a social network like Facebook Read More »

Microsoft retires Internet Explorer and ends support

Microsoft Corp. Chairman Bill Gates announces a new version of Microsoft Internet Explorer for Windows XP and that Microsoft would include Windows AntiSpyware technology at no extra charge, during his keynote address at RSA Conference 2005 in San Francisco, Tuesday, Feb. 15, 2005. The two new enhancements will lead to safer Web browsing according to …

Microsoft retires Internet Explorer and ends support Read More »

Coinbase lays off 18% as execs prepare for recession, ‘crypto winter’

Coinbase is laying off almost a fifth of its workforce amid a collapse in its stock and crypto prices. The cryptocurrency exchange will cut 18% of full-time jobs, according to an email sent to employees Tuesday morning. Coinbase has roughly 5,000 full-time workers, translating to a head count reduction of around 1,100 people. Shares of …

Coinbase lays off 18% as execs prepare for recession, ‘crypto winter’ Read More »

Google, Temasek, Bain report on Southeast Asia internet economy 2021

SINGAPORE – More than 75% of the population in six major Southeast Asian countries have access to the internet and a majority of them have shopped online at least once, according to a new report from Google, Temasek Holdings and Bain & Company. As many as 40 million people across Singapore, Malaysia, Indonesia, the Philippines, …

Google, Temasek, Bain report on Southeast Asia internet economy 2021 Read More »

Apple could gain ground against Microsoft Windows with M2 chips

Apple CEO Tim Cook (R) looks at a newly redesigned MacBook Air laptop during the WWDC22 at Apple Park on June 06, 2022 in Cupertino, California. Apple CEO Tim Cook kicked off the annual WWDC22 developer conference. Justin Sullivan | Getty Images Apple’s new laptops announced on Monday, featuring the iPhone maker’s next-generation in-house chips, …

Apple could gain ground against Microsoft Windows with M2 chips Read More »

Amazon influencer program is luring social media stars

Sivan Ayla, a social media creator, hosted a workshop on Amazon’s influencer program at a recent paid getaway in Mexico. Amazon Influencer Program For three days in May, more than a dozen stars of Instagram, YouTube and TikTok convened in the coastal town of Todos Santos, Mexico, where they were treated to sunset dinners and …

Amazon influencer program is luring social media stars Read More »

Consumers changing eating, shopping habits as inflation pushes up prices

A man shops for meat at a Safeway grocery store in Annapolis, Maryland, on May 16, 2022, as Americans brace for summer sticker shock as inflation continues to grow. Jim Watson | AFP | Getty Images The highest inflation in roughly 40 years is prompting people to shift their shopping habits, especially at the grocery …

Consumers changing eating, shopping habits as inflation pushes up prices Read More »