Facebook Losing Friends to Snapchat in the U.K. Facebook Inc. is losing its swagger with young users, who are increasingly migrating to rival platforms including Snap Inc.’s Snapchat, according to a new study. Seventy-one percent of U.K. social network users between 12 years and 17 years old will be using […]
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Foxconn to use proceeds from unit’s Shanghai IPO to fund $4 billion projects Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, said it plans to use proceeds from a Shanghai listing of one if its subsidiaries to fund eight projects totaling 27.3 billion yuan ($4 billion). In January, Foxconn, formally […]
Microsoft Wants To Put An End To Passwords Once And For All Microsoft plans to make passwords obsolete starting off with the Windows 10 S, the next beta release version of which will not require the aging security tool anymore. When the Windows 10 S becomes official, there will be […]
Facebook launches $10 million community leader awards Facebook (FB.O) launched a community leadership program on Friday that will award $10 million in total to more than 100 people who have successfully built groups on the social network as part of its push to create “meaningful” interactions. The initiative, announced at […]
English Premier League rights bonanza kicks off with focus on Amazon England’s multi-billion pound Premier League rights auction kicked off on Friday with soccer fans waiting to see if a digital giant such as Amazon would enter the fray against pay-TV players Sky and BT. Officials running one of the […]
U.S. transportation agency calls March 1 ‘summit’ on autonomous cars Auto manufacturers, technology companies, road safety advocates and policy makers will attend a March 1 conference over potential government actions that could speed the rollout of autonomous cars, the U.S. Transportation Department said on Friday. Last month, Transportation Secretary Elaine […]
Mobile data plans outnumber residents in developed nations: OECD Mobile broadband subscriptions outnumbered people in developed nations for the first time last year as access costs fell amid increased regulation and competition, an OECD report published on Friday said. The Organisation for Economic Cooperation and Development (OECD) found there were […]
Facebook runs into lawsuit over Cambodian politics Former Cambodian opposition leader Sam Rainsy has filed a legal case in the United States to get Facebook to release information on Prime Minister Hun Sen’s use of the social media platform, his legal team said. Lawyers for Sam Rainsy, who fled Cambodia […]
Amazon hires NBC executive Salke to run video studio Amazon.com Inc (AMZN.O) on Friday said it has hired Jennifer Salke, president of NBC Entertainment, to run its television and movie studio, ending months of limbo as its entertainment division switches from a lineup heavy on art-house fare to broader-appealing hits. […]
Facebook Tests ‘Downvote’ Option for Flagging Abusive Comments Facebook is testing a new feature to let you quickly report abusive comments to the company. On Thursday, a mysterious option called “downvote” began to appear over the platform. Only a select number of test users have access to it, but the […]
