Lyft is expected to take over a significant amount of U.S. market, and has gained much on its rival Uber Technologies Inc, according to a private Lyft investor report obtained by Bloomberg. The investor is depicting in the report that by the end of the year, Lyft’s shares will see a boost in its U.S. ride-hailing […]
Payment processor PayPal Holdings Inc on Wednesday launched domestic operations in India, a market already dominated by China’s Alibaba-backed PayTM, the country’s leading digital payments firm. PayPal’s entry in the Indian market comes as a push for cashless transactions by the Narendra Modi-led government is seeing more people use e-wallets and card payments. The online […]
Indonesia has dropped a threat to block Facebook Inc’s WhatsApp Messenger because the service had responded to concerns over obscene content, an official at the communications ministry said on Tuesday. The ministry vowed on Monday to block WhatsApp Messenger within 48 hours if the service did not ensure that obscene Graphics Interchange Format (GIF) images […]
Former Yahoo Chief Executive Marissa Mayer and the current and former CEOs of Equifax Inc will testify before a U.S. Senate panel on Nov. 8 on two massive data breaches, the committee said Wednesday. Verizon Communications Inc, the largest U.S. wireless operator, acquired most of Yahoo Inc’s assets in June. Yahoo disclosed in October that […]
U.S. senators on Tuesday pressed Facebook Inc’s chief lawyer on why the company did not catch 2016 election ads bought using Russian rubles, why its investigation of them took so long and how much it knows about its 5 million advertisers. Democrats and Republicans at the Senate crime subcommittee hearing fired questions for much of […]
Facebook Inc said on Monday that Russia-based operatives published about 80,000 posts on the social network over a two-year period in an effort to sway U.S. politics and that about 126 million Americans may have seen the posts during that time. Facebook’s latest data on the Russia-linked posts – possibly reaching around half of the […]
U.S. tech firms such as Facebook Inc and Twitter Inc should be more aggressive in tackling extremism and political misinformation if they want to avoid government action, a report from the World Economic Forum said on Monday. The study from the Swiss nonprofit organization adds to a chorus of calls for Silicon Valley to stem […]
Twitter Inc on Thursday accused Russian media outlets Russia Today (RT) and Sputnik of interfering in the 2016 U.S. election and banned them from buying ads on its network, after criticism the social network had not done enough to deter international meddling. RT and Sputnik condemned the decision, saying Twitter had encouraged ad spending with […]
Twitter Inc said on Tuesday it would add labels to election-related advertisements and say who is behind each of them, after a threat of regulation from the United States over the lack of disclosure for political spending on social media. Twitter, acting a month after Facebook Inc launched a similar overhaul of political ads, said […]
You might be visiting China and already know that you cannot access your Facebook account and post pictures of your tour, but there are a lot more popular websites that are blocked in China. An army of Chinese government blocks and filters some of the most popular websites in the world. Besides the world’s most […]
Google is offering security experts a bounty to identify Android app flaws as the Alphabet Inc unit seeks to wipe out bugs from its Google Play store. Each flaw will score at least $1,000 under the programme announced on Thursday to back up automated checks that have failed to block malware and other problems that […]
Facebook Inc is launching a new virtual reality headset that does not require a separate computer to operate, allowing more mobile uses than the company’s existing Oculus Rift product, Chief Executive Mark Zuckerberg said on Wednesday. Zuckerberg, speaking at a conference for virtual reality developers, said the “Oculus Go” device would cost $199 and ship […]