• 6
    Feb

    Twitter reports $1.01B in Q4 revenues with 152M monetizable daily active users

    As Twitter continues to try to find the right balance between making its platform easier to use while also less prone to toxicity and abuse, the social media platform reported mixed earnings for Q4. Twitter posted $1.01 billion in sales — notable because it is the first time its revenues have broken past the billion-dollar mark — due to a strong quarter in advertising sales. However, ...
  • 6
    Feb

    Qualcomm faces fresh competition scrutiny in Europe over RFFE chips for 5G

    25
    0
    Qualcomm is facing fresh antitrust scrutiny from the European Commission, with the regulator raising questions about radio frequency front-end (RFFE) chips which can be used in 5G devices. The chipmaker has been expanding into selling RFFE chips for 5G devices, per Reuters, encouraging buyers of its 5G modems to also buy its radio frequency front-end chips, rather than buying from other ...
  • 6
    Feb

    Google Maps adds more crowdsourced transit data and gets a new navigation bar

    48
    0
    Google  is updating Google Maps on Android and iOS with a revamped tab bar at the bottom, a new icon and a couple of new features. In particular, the company is putting more emphasis on user-generated content and recommendations. At the bottom of the app, you now get five icons — Explore, Commute, Saved, Contribute and Updates. You could already save places and ...
  • 5
    Feb

    Tier Mobility, the European e-scooter rentals startup, adds new COO and CCO to executive team

    Following Tier Mobility’s $60 million Series B late last year, the e-scooter rentals startup has been busy bolstering its C-suite. The Berlin-based company is announcing that Moritz Werner has joined as chief commercial officer (CCO), and Roger Hassan has joined as chief operational officer (COO). Werner will be responsible for revenue related activities across all markets, while Hassan will be responsible ...
  • 5
    Feb

    Spotify is buying The Ringer to boost its sports podcast content

    39
    0
    Sports is one of the most popular topics in podcasts, and today Spotify doubled down on its podcast strategy with a big acquisition to grow its sports coverage: it announced that it is buying The Ringer, the popular network of podcasts created and run by broadcaster Bill Simmons, with some 30 sports and other podcasts in its mix and some 100 million ...
  • 5
    Feb

    Wisk signs deal to deploy an air taxi trial in New Zealand

    Air mobility company Wisk has signed an agreement with the New Zealand government to set up and run an air taxi trial in the region of Canterbury, with the goal of flying passengers once its Cora aircraft is certified to do so by the country’s aviation authority. Cora is an electric vertical takeoff and landing (eVTOL) aircraft with space for two passengers that works primarily ...
  • 30
    Jan

    Avast shuts down marketing analytics subsidiary Jumpshot amid controversy over selling user data

    Avast has made a huge business out of selling antivirus protection for computers and mobile devices, but more recently it was revealed that the Czech-based cybersecurity specialist was also cultivating another, more controversial, revenue stream: harvesting and selling on user data, some of which it amassed by way of those security tools. But as of today, the latter of those businesses is no longer. Avast  announced that it ...
  • 30
    Jan

    Tesla temporarily closes Shanghai factory over coronavirus concerns

    Tesla  has shut down its Shanghai factory as part of a broader order by the Chinese government to stem the spread of the coronavirus in the region, a closure that will delay Model 3 production and ultimately put slight downward pressure on profits in the first quarter, the automaker’s finance chief Zach Kirkhorn said during an earnings call Wednesday. Prior to the ...
  • 30
    Jan

    Facebook will pay $550 million to settle class action lawsuit over privacy violations

    Facebook will pay over half a billion dollars to settle a class action lawsuit that alleged systematic violation of an Illinois consumer privacy law. The settlement amount is large indeed, but a small fraction of the $35 billion maximum the company could have faced. Class members — basically Illinois Facebook users from mid-2011 to mid-2015 — may expect as much ...
  • 29
    Jan

    Match Group CEO Mandy Ginsberg is stepping down

    Match  Group, home to Tinder, Match, OkCupid, PoF and a host of other online dating apps, announced today that CEO Mandy Ginsberg would be stepping down from her position after 14 years with the company. She’s served in the CEO role since her appointment in 2017. Related to this, Ginsberg will also resign from Match’s board of directors. Assuming her position is Shar Dubey, currently ...