Fitbit’s Versa 2 smartwatch is a serious competitor against Apple’s smartwatch

Fitbit’s latest feature packed Versa 2 beats the majority of its competitor on the battery life feature alone since it can last upto 5 days against Apple’s smartwatch 2 days. With Fitbit Inc launching the Versa 2, which features Amazon.com’s voice assistant Alexa, ability to make online payments and store music, its shares surged by…

Launch of Huawei’s 5G compatible flagship Mate 30 smartphone clouded by lack of Android as its OS

In recent years, Huawei has shot up surprising fast into the global smartphone business. A U.S. ban citing theft of intellectual property and being a threat to U.S. national security has however crippled its sales outside China. On September 18 Huawei Technologies plans to launch its new Mate 30 line of smartphones in Munich, said…

Facebook Given Deadline To Share Data With Researchers By Project Funders: BuzzFeed

A consortium of funders of an academic project have threatened to stop supporting the social media company if it does not provide the data it promised to academic researchers by September 30, according to a report published in BuzzFeed News. According to the report, this warning has been issued by a statement from the Social…

Facebook ramps up its rules for U.S. political advertisers ahead of U.S. presidential elections

With social media increasingly playing a pivotal role during elections, Facebook is ramping up efforts to uncloak U.S. political advertisers. Ahead of the U.S. president elections in November 2020, Facebook Inc has begun tightening its political ad rules in the United States, said the social media giant on Wednesday. The new disclosures rules are applicable…

Recession Fears Resurface As German Business Confidence Fall Significantly In August

The Munich-based Ifo institute said on Monday that a more than expected fall in the levels of confidence among German business was recorded during August. The business confidence index of the firm – which is formed on the basis of a survey of 9000 companies, dropped from 95.7 points in July to 94.3 points this…

Data Gathering Methods Of Facebook Restricted By Germany’s Watchdog

The manner in which the tech giant Facebook may profile people has been severely criticized by Germany’s competition authority in what is being viewed by analysts as a clear challenge to the business model of the largest social media platform of the world. Germany’s competition authority has said that the users of Facebook have the…

France and the United States hammer out a draft agreement on French digital tax

U.S. tech giants such as Google, Amazon and Facebook routinely generate huge profits from digital services in countries but route the profits through low-tax countries, such as Ireland and Luxembourg, in order to lower their tax profile in the country from which they had generated their revenues. France’s proposal to rectify this anomaly had unnerved…