The U.S. Federal Trade Commission has reportedly agreed to end its latest probe into Facebook‘s privacy problems with a $5 billion payout. According to The Wall Street Journal, the 3-2, party-line vote by FTC commissioners was carried by the
The Federal Trade Commission, which has been investigating Facebook in the wake of its massive Cambridge Analytica scandal, has voted to approve levying a massive $5 billion fine against the social media giant, according to reporting in both the
Instagram’s recent rollouts of updates to its platform continues this week with two more changes around post and account take-downs, as well as a new process for appealing content deletion that it will expand in the coming months.
Toyota is reinventing the golf cart for the 2020 Tokyo Olympic Games. The company designed a vehicle named the Accessible People Mover (APM) that will transport visitors, athletes, and staff members from venue to venue. Fully electric, the APM has a
Microsoft reported in its FY19, Q4 earnings report today that Azure, the company’s infrastructure as a service (IaaS) offering, grew at 64%. It may feel like a large number, but was part of a downward trend Microsoft has been experiencing throughout
Boeing’s 737 Max fiasco has cast a dark shadow over the company’s reputation and is impacting the company’s financials in a major way, as well. The Seattle aviation company announced that it will be taking a hefty $4.9 billion post-tax hit in its
The Huawei Mate 30 and Mate 30 Pro may join the Mate X folding phone as the company's star products for late 2019, with previous experience telling us a new Mate phone will be revealed during the second half of 2019. This is what we know about the
Adam Neumann, the co-founder and chief executive of the international real estate co-working startup, WeWork, has reportedly cashed out of more than $700 million from his company ahead of its initial public offering. The size and timing of the
VMware today announced that it has acquired Bitfusion, a former participant in our Startup Battlefield competition. Bitfusion was one of the earliest companies to help businesses accelerate their complex computing workloads on GPUs, FPGAs and ASICs.