AppleMagazine
SQUARE TO BUY INSTALLMENT PAYMENT FIRM AFTERPAY IN $29B DEAL
Digital payments company Square Inc. says it has agreed to acquire Afterpay, which provides a “buy now, pay later” option for merchants, in an all-stock deal valued at about $29 billion.
1 min |
AppleMagazine #510
AppleMagazine
ZOOM TO PAY $85M FOR PRIVACY MISCUES AT START OF PANDEMIC
Zoom will pay $85 million to settle a lawsuit alleging that weak privacy controls opened too many peepholes into the personal information of users and that it was too easy for outsiders to disrupt video meetings during the early stages of the pandemic.
1 min |
AppleMagazine #510
Bloomberg Businessweek
Beijing's Tech Crackdown
After spending years emulating Silicon Valley, China is charting its own course
8 min |
August 02, 2021
Techlife News
3 TECH GIANTS REPORT COMBINED PROFITS OF MORE THAN $50B
Three tech companies — Apple, Microsoft and Google owner Alphabet — reported combined profits of more than $50 billion in the April-June quarter, underscoring their unparalleled influence and success at reshaping the way we live.
4 min |
Techlife News #509
Techlife News
ASTRAZENECA TO SEEK US APPROVAL OF COVID VACCINE IN 2ND HALF
AstraZeneca said Thursday that it intends to seek U.S. approval for its COVID-19 vaccine later this year, further delaying the application even as the company announced it had already delivered more than 1 billion doses to other countries.
3 min |
Techlife News #509
Techlife News
AMERICAN PLANS TO INVEST IN A BUDGET AIRLINE BASED IN CHILE
American Airlines plans to invest in a Chilean budget airline and sell seats on each other’s flights to help American extend its reach in South America.
1 min |
Techlife News #509
Techlife News
RUSSIA FINES GOOGLE FOR VIOLATING DATA STORAGE LAW
A Moscow court ordered Google on Thursday to pay a fine of 3 million rubles (roughly $41,000) for refusing to store the personal data of Russian users on servers in Russia, a move that is part of the government’s longstanding effort to tighten its grip on online activity.
1 min |
Techlife News #509
Techlife News
RUSSIAN LAB MODULE DOCKS WITH SPACE STATION AFTER 8-DAY TRIP
Russia’s long-delayed lab module successfully docked with the International Space Station on Thursday, eight days after it was launched from the Russian space launch facility in Baikonur, Kazakhstan.
1 min |
Techlife News #509
Techlife News
FORD OVERCOMES COMPUTER CHIP SHORTAGE, POSTS SURPRISE PROFIT
Sky-high sales prices for its pickup trucks and SUVs helped Ford Motor Co. turn a surprise second-quarter profit despite a global shortage of computer chips that cut factory output in half.
3 min |
Techlife News #509
Techlife News
US ECONOMY SURPASSES PRE-PANDEMIC SIZE WITH 6.5% Q2 GROWTH
Fueled by vaccinations and government aid, the U.S. economy grew at a solid 6.5% annual rate last quarter in another sign that the nation has achieved a sustained recovery from the pandemic recession. The total size of the economy has now surpassed its pre-pandemic level.
4 min |
Techlife News #509
Techlife News
NEW TECHNOLOGY PROPELS EFFORTS TO FIGHT WESTERN WILDFIRES
As drought- and wind-driven wildfires have become more dangerous across the American West in recent years, firefighters have tried to become smarter in how they prepare.
5 min |
Techlife News #509
Techlife News
NOKIA PROFIT SUBSTANTIALLY UP ON NEW OPERATING MODEL, 5G
Wireless network maker and 5G technology provider Nokia reported substantially improved second-quarter profit Thursday, citing the help of its new operating model and booming sales of 5G equipment.
1 min |
Techlife News #509
Techlife News
FACEBOOK PROFITS TOP $10B AS ITS CEO EXALTS THE ‘METAVERSE'
Concerns about a revenue growth slowdown pushed Facebook’s shares lower in afterhours trading Wednesday, not long after the company reported that its second-quarter profits doubled thanks to a massive increase in advertising revenue.
3 min |
Techlife News #509
AppleMagazine
PLANS FOR LARGEST US SOLAR FIELD NORTH OF VEGAS SCRAPPED
The push to transition from carbon-emitting fuel sources to renewable energy is hitting a roadblock in Nevada, where solar power developers are abandoning plans to build what would have been the United States’ largest array of solar panels in the desert north of Las Vegas.
1 min |
AppleMagazine #509
AppleMagazine
SMART EYE DEPUTY CEO RANA EL KALIOUBY TALKS AUTOMOTIVE AI
Rana el Kaliouby co-founded and led Boston startup Affectiva, which uses artificial intelligence and computer vision to analyze mood and emotion.
4 min |
AppleMagazine #509
AppleMagazine
Game War - NETFLIX ENTERS THE BATTLE ROYALE OF GAMING PLATFORMS
Over the past 18 months, consumers have spent more time at home than ever before, not only working, but socializing, learning new skills, and playing games. Video gaming as a whole saw a significant increase during this period and the gaming platform Steam recorded an all-time high of 23.6 million average concurrent users in April 2020. A year later, rival firms want a slice of the pie. Following Apple’s expansion into gaming with Arcade, Netflix is the latest player entering the game, announcing its intention to launch its own gaming titles.
6 min |
AppleMagazine #509
AppleMagazine
WALZ SAYS ‘CLEAN CAR' RULES HAVEN'T HURT IN 14 OTHER STATES
Minnesota became the first Midwestern state to adopt a plan for encouraging the switchover to electric vehicles as Gov. Tim Walz predicted that someday people will wonder why there was such a fuss.
2 min |
AppleMagazine #509
AppleMagazine
TOWN WANTS NEW CRYPTOCURRENCY MINERS TO BE ‘PRESENTABLE'
A New York town along the Canadian border plans to impose a 90-day moratorium on new cryptocurrency mining operations to make sure local roadsides are not cluttered with trailers and shipping containers loaded with computers.
1 min |
AppleMagazine #509
AppleMagazine
UPS EARNS $2.7 BILLION BUT VOLUME DIPS AS STORES REOPEN
Free from the pandemic lockdowns of last year, more shoppers are venturing into stores and relying just a bit less on brown UPS trucks.
1 min |
AppleMagazine #509
AppleMagazine
MARSQUAKES OFFER DETAILED LOOK AT RED PLANET'S INTERIOR
A quake-measuring device on Mars is providing the first detailed look at the red planet’s interior, revealing a surprisingly thin crust and a hot molten core beneath the frigid surface.
2 min |
AppleMagazine #509
AppleMagazine
TESLA REACHES MILESTONE WITH FIRST $1B QUARTERLY PROFIT
Tesla’s quarterly profit has surpassed $1 billion for the first time thanks to the electric car pioneer’s ability to navigate through a pandemic-driven computer chip shortage that has caused major headaches for other automakers.
3 min |
AppleMagazine #509
AppleMagazine
CHINA'S TENCENT ORDERED TO END EXCLUSIVE MUSIC CONTRACTS
Internet giant Tencent was ordered by regulators to end exclusive contracts with music copyright holders, adding to increased enforcement of anti-monopoly and other rules as Beijing tightens control over booming online industries.
1 min |
AppleMagazine #509
AppleMagazine
CHINA LAUNCHES 6-MONTH CAMPAIGN TO CLEAN UP APPS
China’s industry ministry has announced a 6-month campaign to clean up what it says are serious problems with internet apps violating consumer rights, cyber security and “disturbing market order.”
1 min |
AppleMagazine #509
Techlife News
AMAZON'S MISSION: GETTING A ‘KEY' TO YOUR APARTMENT BUILDING
Amazon is tired of ringing doorbells.
4 min |
Techlife News #508
Techlife News
PRIEST OUTED VIA GRINDR APP HIGHLIGHTS RAMPANT DATA TRACKING
When a religious publication used smartphone app data to deduce the sexual orientation of a high-ranking Roman Catholic official, it exposed a problem that goes far beyond a debate over church doctrine and priestly celibacy.
4 min |
Techlife News #508
Techlife News
DISNEY MAY GET $570M IN TAX BREAKS FOR NEW CAMPUS
The Walt Disney Co. stands to benefit from more than a half billion dollars in tax breaks for building a new regional campus in Florida that promises to employ at least 2,000 professional employees who will be relocating from Southern California to work in digital technology, finance and product development.
2 min |
Techlife News #508
Techlife News
SMALL BUSINESSES LIFTED BY RETURN OF SUMMER TOURISTS
Small businesses in the U.S. that depend on tourism and vacationers say business is bouncing back, as Americans rebook postponed trips and spend freely on food, entertainment and souvenirs.
5 min |
Techlife News #508
Techlife News
DUTCH DATA PROTECTION AUTHORITY FINES TIKTOK OVER PRIVACY
The Netherlands’ Data Protection Authority said Thursday it has fined TikTok 750,000 euros ($885,000) for not offering a privacy statement in Dutch, saying many children who use the popular video sharing app would be unable to understand the information.
1 min |
Techlife News #508
Techlife News
HUBBLE SPACE TELESCOPE FIXED AFTER MONTH OF NO SCIENCE
The Hubble Space Telescope should be back in action soon, following a tricky, remote repair job by NASA.
1 min |
Techlife News #508
Techlife News
FRANCE WEIGHS CYBERSECURITY MOVES AFTER SPYWARE REPORTS
French President Emmanuel Macron held an emergency cybersecurity meeting Thursday to weigh possible government action after reports that his cellphone and those of government ministers may have been targeted by spyware.
1 min |