July 28, 2022 Meta's VR division suffered an operating loss of US$2.8 billion in the second quarter. Reality Labs, as it is widely known, is fundamental to Meta's metaverse ambitions, even though it remains very expensive to operate. more...
July 28, 2022 According to a new Gartner survey, 56% of companies regret their biggest technology-related purchases. The report identified several reasons for this regret, including slow purchasing decisions, the shift in decision-making on technology purchases from exclusive more...
July 28, 2022 Shares of major U.S. companies slumped on Wednesday after posting poor quarterly results and forecasts amid persistent inflation and fears of a possible recession. Affected companies include Facebook's parent company Meta Platforms, Qualcomm, ServiceNow, Best more...
July 27, 2022 According to Insider, Meta employees are preparing for staff cuts of up to 10%, with some employees believing the decision is imminent due to new performance requirements and a tougher market. An employee said the more...
July 27, 2022 No More Ransom, the European Union law enforcement agency's anti-ransomware project has been able to help over 1.5 million victims to successfully restore their files, without paying ransom to attackers. The initiative was launched in more...
July 27, 2022 As Meta prepares for a 0.4% drop in revenue to about US$29 billion, CEO Mark Zuckerberg has hinted at the need to accelerate the pace of focus on two immediate bets, including pumping up short-video more...
July 27, 2022 Microsoft is banking on demand for cloud computing services as it forecasts double-digit revenue growth this year. For the first quarter ending September 30, the intelligent Cloud division was forecast to generate US$20.3 billion to more...
July 27, 2022 Twitter has announced it will hold a shareholder meeting on September 13 to vote on Elon Musk's takeover of the company. Twitter's plan was announced in a filing. Shareholders will vote at the meeting on more...
July 26, 2022 Microsoft has issued an emergency update to fix the Start Menu issue that some Windows 11 users face after installing recent updates. "A small number of devices are unable to open the Start menu after more...
July 26, 2022 Motherboard makers are upgrading their existing motherboards to support the 13th generation Intel Core chips, known as "Raptor Lake," which have not yet been released. Last month, popular motherboard manufacturers such as Asus, ASRock, MSI more...
