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Tag Archives: IT

Twitter hits milestone with first-ever profit

Washington, United States | AFP | Twitter on Thursday reported its first-ever quarterly profit, a key milestone that sent shares soaring at the social network which has lagged for years behind fast-growing rivals. The San Francisco-based one-to-many microblogging service said it earned $91 million in the fourth quarter, the first …

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Google parent hit by higher costs, names new chairman

San Francisco, United States | AFP | Google parent company Alphabet on Thursday reported a quarterly loss to set aside funds to pay taxes on repatriated profits, and named a new chairman to replace outgoing Eric Schmidt. Shares in Alphabet slid 2.3 percent in after-hours trade on the results, highlighting …

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Facebook acknowledges social media’s risks to democracy

Washington, United States | AFP | Facebook acknowledged Monday that widespread use of social media can be harmful to democracy, while pledging to work to minimize these risks. The world’s biggest social network’s comments were the latest response to persistent criticism for its role in allowing the spread of misinformation, reinforcing …

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Apple urged to study iPhone addiction in children

New York, United States | AFP | Two large shareholders urged Apple to study whether iPhones are proving addictive for children and that intensive use of the smartphones may be bad for their mental health. “There is a growing body of evidence that, for at least some of the most frequent …

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LG adds Google AI in ‘smart home’ push

Las Vegas, United States | AFP | Consumer electronics titan LG on Monday proclaimed this year a “tipping point” for smart homes, pushing hard into artificial intelligence and building Google Assistant into a smart speaker. LG Electronics is developing technology designed to enable its appliances, televisions and other devices adapt to …

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Tech firms battle to resolve major security flaw

Paris, France | AFP | Amazon, Google and now Apple — as the list of digital giants hit by the “Spectre” and “Meltdown” computer security flaws grows longer, the race is on to limit the damage. “All Mac systems and iOS devices are affected, but there are no known exploits …

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