Tag Archives: Mobile

Facebook is selling ads in new places on Instagram and WhatsApp

Onur Dogman | Lightrocket | Getty Images Facebook parent Meta is opening up new avenues for advertising on Instagram and WhatsApp as the company seeks to reverse a downward trend in revenue that recently pushed the stock price to its lowest since early 2019. In an event for advertisers on …

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Micron to spend up to $100 billion to build New York chip plant

Sanjay Mehrotra, CEO, Micron Scott Mlyn | CNBC Micron will spend up to $100 billion over at least the next two decades building a new computer chip factory in upstate New York, The New York Times reported on Tuesday. The announcement comes after the passage of the CHIPS and Science …

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Apple’s App Store revenue fell in September, Morgan Stanley says

Apple’s App Store net revenue fell about 5% in September, according to Morgan Stanley, the steepest drop for the business since the bank started modeling the data in 2015. The App Store saw declines in markets including the U.S., Canada and Japan, Morgan Stanley analyst Erik Woodring wrote in a …

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Intel-owned Mobileye files S-1 for IPO

Mobileye’s CEO Amnon Shashua poses with a Mobileye driverless vehicle at the Nasdaq Market site in New York, July 20, 2021. Jeenah Moon | Reuters Mobileye, an Intel-owned company that makes chips, maps, and software for self-driving cars, has filed for an IPO, according to a prospectus filed with the …

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Facebook scrambles to escape death spiral as users flee, sales drop

Facebook CEO Mark Zuckerberg testifies before the U.S. House Financial Services Committee during An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors hearing on Capitol Hill in Washington on Oct. 23, 2019. Xinhua News Agency | Getty Images A year ago, before Facebook had turned …

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SoftBank plans at least 30% staff cuts to Vision Fund, source confirms

Masayoshi Son, CEO of SoftBank, has been weighing up various options for chipmaker Arm after Nvidia walked away from buying the company. Alessandro Di Ciommo | Nurphoto | Getty Images SoftBank is planning to cut at least 30% of staff at its ambitious investment arm, the Vision Fund, a source …

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Dorsey wanted Musk on Twitter board, but directors were ‘risk averse’

Elon Musk has served August 22, 2022 former Twitter boss Jack Dorsey with a subpoena in a hunt for material to help him get out of buying the giant social media platform for $44 billion as agreed. Jim Watson | AFP | Getty Images Before the current legal saga between …

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House passes antitrust bill raising merger and acquisition fees

U.S. Rep. Joe Neguse (D-CO) speaks during a news conference at the U.S. Capitol on February 2, 2022 in Washington, DC. Alex Wong | Getty Images The House on Thursday passed an antitrust package that would give federal enforcers more resources to crack down on anticompetitive behavior, even as broader …

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Apple VP leaves company after making jokes in viral TikTok video

An aerial view of Apple Park is seen in Cupertino, California, United States on October 28, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Apple’s vice president of procurement, Tony Blevins, has left the company after a TikTok video showed him making jokes about women at a car show. …

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California law protects digital info from use in abortion investigations

California Gov. Gavin Newsom successfully quashed a recall attempt last year in California. Asked if he’s getting ready for a presidential run, Newsom insisted that was not the case. Justin Sullivan | Getty Images A new California law is one of the first in the country since the reversal of …

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