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TECH NEWS

Twitter tops earnings estimates, lifting shares

Washington, United States | AFP | Twitter reported Thursday stronger-than-expected profits and revenues in the third quarter, igniting a strong rally in shares of the key social network. The San Francisco group delivered a $789 million profit, including one-time gains, compared to a net loss of $21 million in the …

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Italy fines Apple, Samsung millions for slowing phones

Rome, Italy | AFP | Italy’s competition authority on Wednesday said it was fining Apple and Samsung 10 and five million euros ($11.5 and $5.7 million) respectively for the so-called “planned obsolescence” of their smartphones. The ruling is believed to be the first against the manufacturers following accusations worldwide that …

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Facebook simplifies Messenger app

San Francisco, United States | AFP | Facebook on Tuesday announced an overhaul of its Messenger smartphone app in an effort to simplify the service for its 1.3 billion monthly global users. The social network began rolling out a redesigned version featuring three tabs instead of nine, saying it was …

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Museveni launches $620 million Sukulu project

Tororo, Uganda | THE INDEPENDENT | President Yoweri Museveni has this afternoon commissioned the first phase of the China-Uganda Free Zone at Sukulu, a $620 million investment, in Tororo, Uganda. The investment, by Chinese company Guangzhou Dongsong Energy Group Uganda Limited, will have a fertilizer plant, steel mill and supporting power …

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Japan orders Facebook to improve data protection

Tokyo, Japan | AFP | The Japanese government on Monday ordered Facebook to improve protection of users’ personal information following data breaches affecting tens of millions of people worldwide. Facebook said early this month that hackers accessed the personal data of 29 million users in a breach at the world’s …

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