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Facebook is now almost entirely dependent on advertising

Facebook is now almost entirely dependent on advertising

Written by on May 5, 2017 in News with 0 Comments

SAN FRANCISCO (Reuters) – Facebook Inc’s growth into a digital advertising power is showing a flip side: The social network is more dependent than ever on the cyclical ad market, even as its rival Google finds new revenue streams in hardware and software. The company¬†reported on Wednesday that 98 percent of its quarterly revenue came […]

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Uber in the dock for evading local regulations with software tool

Uber in the dock for evading local regulations with software tool

Written by on May 5, 2017 in News with 0 Comments

SAN FRANCISCO (Reuters) – The U.S. Department of Justice has begun a criminal investigation into Uber Technologies Inc’s use of a software tool that helped its drivers evade local transportation regulators, two sources familiar with the situation said. Uber has acknowledged the software, known as “Greyball,” helped it identify and circumvent government officials who were […]

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News highlights – 3 May

News highlights – 3 May

Written by on May 4, 2017 in News with 0 Comments

News highlights for 3 May Fitbit sprints past its revenue forecast, shares rise (Reuters) – Wearable device maker Fitbit Inc reported quarterly revenue above its own forecast, and said launches planned for this year were on track, sending the company’s shares up 7.2 percent in after-market trading on Wednesday. Read more… Imagination Technologies heads into […]

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Sources say Nokia to sell Alcatel Submarine Networks

Sources say Nokia to sell Alcatel Submarine Networks

Written by on May 4, 2017 in News with 0 Comments

PARIS (Reuters) – Finland’s Nokia plans to sell its undersea cables unit, a business that underpins the global Internet, two union sources and a French government source told Reuters. The division, valued at about 800 million euros ($870 million), is one of the top suppliers of undersea cable networks in the world and was bought […]

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New global WhatsApp outage pushes users to Telegram

New global WhatsApp outage pushes users to Telegram

Written by on May 4, 2017 in News with 0 Comments

(Reuters) – WhatsApp, a popular messaging service owned by Facebook Inc, suffered a widespread global outage on Wednesday that lasted for several hours before being resolved, the company said. “Earlier today, WhatsApp users in all parts of the world were unable to access the service¬†for a few hours. We have now fixed the issue and […]

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News highlights – 2 May

News highlights – 2 May

Written by on May 3, 2017 in News with 0 Comments

News highlights for 2 May The NSA collected 151 million phone records last year, after law change WASHINGTON (Reuters) – The U.S. National Security Agency collected more than 151 million records of Americans’ phone calls last year, even after Congress limited its ability to collect bulk phone records, according to an annual report issued on […]

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Will Apple and Facebook results justify stock market rally?

Will Apple and Facebook results justify stock market rally?

Written by on May 3, 2017 in News with 0 Comments

SAN FRANCISCO (Reuters) – Apple and Facebook may expand their already outsized share of U.S. technology revenue when they report their earnings this week, as investors look for evidence to justify this year’s U.S. stock market rally. The two are the last of the top five U.S. tech companies by market value to release their […]

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T-Mobile will launch 5G in the US in 2019

T-Mobile will launch 5G in the US in 2019

Written by on May 3, 2017 in News with 0 Comments

(Reuters) – T-Mobile US Inc said on Tuesday it plans to begin rolling out a fifth-generation network (5G) in the United States in 2019, helped by the airwaves it bought in the U.S. government’s spectrum auction last month. T-Mobile said it was targeting nationwide coverage by 2020. The No. 3 wireless carrier will use a […]

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News highlights – 1 May

News highlights – 1 May

Written by on May 2, 2017 in News with 0 Comments

News highlights for 1 May Social media in the dock for not filtering content LONDON(Reuters) – Social media were heavily criticized by a committee of British lawmakers on Monday for failing to do enough to remove illegal and extremist material posted on their sites, and for not preventing it appearing in the first place. Read […]

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Twitter still fighting with 12 new live broadcasting deals

Twitter still fighting with 12 new live broadcasting deals

Written by on May 2, 2017 in News with 0 Comments

NEW YORK/SAN FRANCISCO (Reuters) – Twitter Inc is expanding its live broadcasting portfolio with 12 new offerings that include WNBA games, a 24-hour Bloomberg News network and a show about gadgets from the tech news website The Verge, the company said on Monday. Twitter, which has struggled to win a major share of online advertising, […]

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