Companies

May 25, 2022 Microsoft is building a new developer-target variant on its Azure Virtual Desktop service, called Microsoft Dev Box. Microsoft Dev Box will allow developers to create a virtual machine that is automatically preconfigured in the cloud, more...

May 25, 2022 Snap has cut its quarterly forecast amid a growing economic downturn, adding to a similar decision by the company to reduce the number of job opportunities it will introduce this year. Since April, “the macroeconomic more...

May 25, 2022 Facial recognition company Clearview AI has announced plans to extend its technology to businesses, meaning the company is moving away from its original plan to serve mainly police. New clients include Vaale, a Colombian app-based more...

May 25, 2022 Russia's largest mobile operator MTS has announced plans to sell used smartphones at a discounted price, a move that will help tackle the country's biting inflation. MTS plans to offer smartphones up to 50% cheaper more...

May 24, 2022 The Attorney General of the District of Columbia, Karl Racine, has sued Facebook CEO Mark Zuckerberg over the Cambridge Analytica scandal. The Facebook Cambridge Analytica scandal concerns Aleksandr Kogan, a University of Cambridge professor who more...

May 24, 2022 Meta has announced plans to make information about how political and "social issue" ads are targeted publicly available. Facebook had previously experimented with making some data available to researchers via FORT in 2021. The information more...

May 24, 2022 The Information Commissioner's Office (ICO) has fined facial recognition company Clearview AI more than 7.5 million euros. The ICO found that Clearview AI breached U.K. data protection laws by failing to use the information of more...

May 24, 2022 Cybercriminals use a fake chatbot via phishing to target unsuspecting victims with malware, according to a new report by Trustwave. The attack starts with a phishing email pretending to be from DHL. The email content more...

May 24, 2022 The share of young users who pick fintech over traditional banks has doubled since 2020, to 12%. Today, only 25% of the youngest generation, Gen Z use a megabank for their primary checking account, down from more...

May 24, 2022 Broadcom is negotiating a $60 billion acquisition of VMware. According to sources close to the issue, Broadcom will pay about $140 per share in cash and shares for VMware. If the negotiations prove successful, a more...

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