Facebook stresses that the m issue of 50 million users’ data was not a breach. While acknowledging that rules were violated when Cambridge Analytica laid its hand on the 50 million users’ data of Facebook, the company says that the data originated form an individual who had not hacked the social media’s data base. The…
It is very likely that the way social media giants, including Facebook, collect and use user data is going to be scrutinized under a microscope. British privacy regulators are now zeroing in on the offices of the political consultancy Cambridge Analytica with a search warrant following reports that the company may have improperly gained access…
Although a similar suit was dismissed earlier in March 2015, Chief Judge Colleen McMahon of the U.S. District Court in Manhattan has allowed the proposed class action lawsuit on the grounds of new evidence coming to light. Chief Judge Colleen McMahon of the U.S. District Court in Manhattan has rejected BlackBerry Ltd’s plea to dismiss…
The move assumes strategic importance since it acts as a vehicle for increasing Alibaba’s global push to boost its marketshare in Singapore’s fast-growing multi-billion dollar e-commerce market. As part of its drive to further expand its presence in new markets, Alibaba Group Holding Ltd is set to invest an additional $2 billion in the Lazada…
While its revenues have jumped by 55% to $2.7 billion (17.38 billion yuan), iQiyi reported a net loss of 3.74 billion yuan. iQiyi Inc, a unit of Chinese search engine firm Baidu Inc, has launched its initial public offering in New York, worth up to $2.4 billion, as it seeks to expand its range of…
In the long term, the development is likely to effects Apple’s suppliers including, Samsung Electronics Co, LG Display Co, Japan Display Inc, Sharp Corp and Synaptics Inc. As per a Bloomberg report, Apple Inc is said to be developing its own MicroLED device displays and has already produced a small numbers of these MicroLED screens…
Li Ka Shing, CK Hutchison Holdings Ltd’s chairman, ranked 23 on Forbe’s list and the wealthiest tycoon in Hong Kong, is set to hand over the reins of CK Hutchison Holdings Ltd to his eldest son. Victor Li. On Friday, as per a filing to the Hong Kong stock exchange, Li Ka-shing, Hong Kong’s richest…
Toyota Motors, an investor in, is reportedly in discussions with Uber Technologies to quicken the pace of bringing autonomous automated driving to the mass market. On Friday, Japan’s Nikkei reported, without citing any sources, that Uber Technologies is in the process of negotiating the installation of its self-driving system in Toyota Motor Co’s minivan vehicles.…
Although two Japanese news dailies have reported of the raid, clarity on the suspected violation is still to emerge. On Thursday, A spokesperson for Amazon Japan stated it has been raided by Japan’s fair trade regulator on suspicion of a possible anti-trust violation. Although the spokesperson said Amazon Japan was fully cooperating with the Fair…
Here is how Amazon.com is using original video programming as a vehicle to boost its exclusive Prime shopping club. For the very first time, documents from Amazon.com Inc reveal how the world’s biggest online retailer’s bet on original video content has paid off: by early 2017 its TV series have drawn more than 5 million…
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