Canada's biggest lenders confirmed on Friday they had joined a widespread boycott of Facebook Inc begun by U.S. civil rights groups seeking to pressure the world's largest social media platform to take concrete steps to block hate speech.
Canada's biggest lenders confirmed on Friday they had joined a widespread boycott of Facebook Inc begun by U.S. civil rights groups seeking to pressure the world's largest social media platform to take concrete steps to block hate speech.
Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google recently agreed to buy North, a Canadian start-up that produces smart glasses. Google didn't disclose the size of the deal, but The Globe and Mail pegs the value at around $180 million.
Amazon.com (NASDAQ: AMZN) is a fantastic success story in the world of business and technology. The stock has soared over the past decade. Revenues have climbed from $34 billion in 2010 to a mind-boggling $281 billion in 2019.
Indian tech and entertainment firms are looking to capitalise on sudden opportunities arising from a government ban on Chinese owned apps, including the wildly popular TikTok, with one rival video app saying it had added 22 million users in 48 hours.
A group of European digital advertising associations on Friday criticized Apple Inc's plans to require apps to seek additional permission from users before tracking them across other apps and websites.
Intel Corp's investment arm will pay some $255 million for a small stake in Reliance Industries Ltd's digital unit Jio Platforms, the latest in a slew of share sales that have helped the Indian conglomerate pay down debt.
Brazil's President Jair Bolsonaro said he would veto a bill regulating fake news, which has also been criticized by social media companies such as Facebook and Twitter, if it comes to his desk from Congress in its present shape.
What happened
Pinterest (NYSE: PINS) rose as much as 5.5% on Thursday before settling down to close 3.6% higher. The online hobby-posting company continued to benefit from the news that social media behemoth Facebook (NASDAQ: FB) is shuttering Hobbi, its experimental Pinterest-l
Two of the biggest Harry Potter fan sites on Thursday distanced themselves from author J.K. Rowling because of her beliefs on transgender issues, calling them at odds with the message of empowerment in her best-selling books.
Brazil's central bank president said on Thursday that Facebook Inc messaging service WhatsApp would be allowed to launch its new payments service in the country, but called for proof it can operate safely in terms of data protection in a competitive market.
Brazil's central bank president, Roberto Campos, said on Thursday Facebook Inc messaging service WhatsApp will be allowed to operate its newly launched payments service once it is proven the arrangement proposed by the company is competitive and safe in terms of data protection.
Facebook, Alphabet-owned YouTube, Twitter and other social media will for the first time be subject to EU broadcasting rules on hate speech and harmful content under European Commission guidelines announced on Thursday.
In early trading on Thursday, shares of Tesla topped the list of the day's best performing components of the Nasdaq 100 index, trading up 7.8%. Year to date, Tesla registers a 188.6% gain.
With many people stuck at home during the second quarter due to the coronavirus outbreak, engagement on all manner of streaming platforms has soared. That includes popular video-streaming services, as well as Amazon.com's (NASDAQ: AMZN) Twitch, the largest video game live-stream
Lithuania is about to issue the first central bank-produced digital coin in the euro zone, part of a project to trial state-backed digital currencies and blockchain technology in everyday use.
Twitter Inc has taken down an image tweeted by the U.S. President Donald Trump from its platform, after receiving a copyright complaint from the New York Times.
The chief executives of the four U.S. tech giants -- Amazon.com, Facebook, Alphabet's Google and Apple -- will testify before the U.S. Congress in late July as part of an ongoing antitrust probe into the companies, according to two sources familiar with the matter.