US Tech Giants Face Trouble As Ireland’s High Court Dismisses Facebook, Inc (NASDAQ:FB) Challenge Against A Regulatory Inquiry Into Data Flow Of Individuals From EU To The US

Facebook, Inc (NASDAQ:FB) could face a permanent ban on transferring European data into the US because Ireland’s High Court dismissed its challenge against an inquiry. Previously, the top court in the EU invalidated the privacy shield used by the social media giant to share data across the nations.  The latest ruling could spell trouble for […]

Facebook, Inc (NASDAQ:FB) Puts Users First In Working On Its News Feed Arrangement

Facebook, Inc (NASDAQ:FB) puts its users first whenever it wants to make a significant change to its business operations. It embarks on feedback arrangement this time around, vowing to consider the feedback from its users in the process. It made the pronouncement on Thursday, outlining to conform to the users’ preferences. The change revolves around […]

Google (NASDAQ:GOOGL) and Apple Inc (NASDAQ:AAPL) criticized For Close Relationship With China

Facebook (NASDAQ:FB)‘s board member and tech investor, Peter Thiel, recently criticized Google LLC (NASDAQ:GOOGL) for allegedly working with the Chinese military. Thiel claimed that he has Google sources that tell him that Google is in the works with Chinese firms that might be linked to the Chinese military. These claims are especially directed at an […]

Google (NASDAQ:GOOGL) Warns Researchers To Be Cautious Over “Sensitive Topics”

Google (NASDAQ:GOOGL) is under the spotlight for allegedly pushing out a researcher that had warned of AI bias and now reports indicate the search engine giant is asking other researchers to strike a positive tone on “sensitive topics.” AI researcher leaves Google because of research scrutiny According to a Reuters report, researchers working on such […]

Social Media Influencer Stocks are Changing the Game (FB, ENGMF, TONJ, SNAP)

The social media influencer space is the future of marketing and branding, a fact made very clear by the recent story of Kylie Cosmetics, a cosmetics brand started by Kylie Jenner, one of the most successful social media influencers on the planet. Kylie Cosmetics was valued at nearly $1.2 billion when it sold a controlling […]

Senate Commerce Committee To Subpoena Google (GOOGL), Facebook (FB) And of Twitter (TWTR) CEOs On October 1

According to the spokesperson of the Senate Commerce Committee, the executives of Twitter (NYSE:TWTR), Facebook (NASDAQ:FB), and Google (NASDAQ:GOOGL) could be subpoenaed following their failure to testify on the legal shield protecting social media platforms from lawsuits. Executives of social media tech giants to appear before the Senate Commerce committee So far, the committee has […]

Coca-Cola Company (NYSE:KO) Announce Release Date For Q2 Results And Halts Advertising On Social Media

Coca-Cola Company (NYSE:KO) has announced that it plans to releases Q2 2020 financial and earning results on July 21 before the NYSE opens. The company has indicated that after the earnings release and investor’s conference call will follow at 0830hrs to discuss the financial results. Investors can join the webcast for the event at www.coca-colacompany.com/investors. […]

Verizon Communications Inc. (NYSE:VZ) Acquires BlueJeans Network For $400 Million

Verizon Communications Inc. (NYSE:VZ) is acquiring BlueJeans Network, a video conferencing platform, for $400 million. According to a communiqué from Verizon, BlueJeans will provide an enterprise-grade video experience to the customers through its high-performance networks worldwide. Verizon integrates BlueJeans with its 5G product roadmap Following the takeover, Verizon will integrate BlueJeans with its 5G product […]

Facebook (NASDAQ:FB) Says It Will Go On With Enabling Encryption In Messaging Services

Facebook (NASDAQ:FB) and Attorney General William Barr have differed regarding encrypted messaging. The disagreement on whether encrypted messaging products are subject to law enforcement escalated the standoff over-policing and privacy. Facebook to go on with encryption of its messaging services According to Stan Chudnovsky and Will Cathcart indicated that law enforcement will undermine the encryption […]

Facebook, Inc. Common Stock (NASDAQ:FB) Agrees to Pay Fine To UK Regulator for its Role in Cambridge Analytica Scandal

Facebook, Inc. Common Stock (NASDAQ:FB) announced recently that it has finally resolved to pay a fine of about $643,000 to the U.K.’s data protection watchdog for its alleged involvement in the Cambridge Analytica scandal. The U.K. Information Commission Office (ICO) issued the fine to the social media company in October 2018 after it was reported […]

Politicians Support Scrutiny And Control Of Alphabet Inc (NASDAQ:GOOG) And Facebook, Inc (NASDAQ:FB)

The partisan politicians in the United States always differ in terms of ideologies. However, their interest in controlling big technology companies makes them agree on one thing. They have plans to converge to check out the power of the various Silicon Valley giants. An official working with New Alphabet Inc (NASDAQ:GOOG) says the politicians intend […]

Facebook, Inc. Common Stock (NASDAQ:FB) Contemplates Unifying Instagram And Direct Messages Through Messenger

Social media giant Facebook, Inc. Common Stock (NASDAQ:FB) might soon allow Direct Messages (DMs) to be part of its Messenger platform, a move that would sort of integrate multiple apps. The company is reportedly working on integrating Messenger with DMs, a move that will allow users to receive DMs through Messenger. Sources familiar with the […]

Facebook, Inc. Common Stock (NASDAQ:FB) Is Developing AR Devices That Will Help User Compile Texts Using Mind Control

Facebook, Inc. Common Stock (NASDAQ:FB) is reportedly working on technology that when coupled with AR technology will help users write texts using their minds without having to touch a smartphone. The social media giant has lately been expanding its ventures into a wider range of technologies and this time it looks like it has selected […]

Facebook Could Be Tracking Users To Target Ads

There have been long running allegations that Facebook could be listening to users’ private conversation. According to victims of the allegations, the tech giant displays ads, either via Facebook or Instagram, as if on cue after having a private conversation on a matter related to the ad. Facebook is eavesdropping users But Facebook denies the […]

Tech Giants Team Up To Standardize Artificial Intelligence

Artificial intelligence (AI) has come a long way and the progress provides a wide range of opportunities. But a problem arises when people do not get to optimize their AI-focused projects due to lack of clear standards and benchmarks. In light of this, Google and Facebook, together with 38 other tech companies came together to […]