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WASHINGTON, United States (AFP) — Microsoft said Wednesday it swung to profit in the past quarter on gains in cloud computing and business services, but shares took a hit on disappointing revenue growth. The US tech giant said profit was $8.4 billion in the fiscal second quarter to December 31, compared with a loss in the same period a year ago on funds set aside for one-time charges, Revenues in the period rose 12 percent […]
by Glenn CHAPMAN Agence France Presse SAN FRANCISCO, United States (AFP) — Apple said Tuesday that profits held steady in the most recent quarter, with revenue growth in music, movies, apps and other services offsetting slumping iPhone sales, sparking a rally in shares of the California tech giant. Profit in the final quarter of last year was $20 billion, a dip of less than one percent, on revenue of $84.3 billion even as money from […]
by Glenn CHAPMAN Agence France Presse SAN FRANCISCO, United States (AFP) — Apple is aiming to show it can do more than just make iPhones in a quarterly update Tuesday for investors who are skeptical over whether the culture-changing company can regain the momentum from its glory days. In recent weeks, Apple shares have been hammered on concerns that its best days are over, with smartphone sales slipping and no new “big thing” on the […]
by Rob Lever Agence France Presse WASHINGTON, United States (AFP) — If you see a video of a politician speaking words he never would utter, or a Hollywood star improbably appearing in a cheap adult movie, don’t adjust your television set — you may just be witnessing the future of “fake news.” “Deepfake” videos that manipulate reality are becoming more sophisticated due to advances in artificial intelligence, creating the potential for new kinds of misinformation […]
by Thomas Urbain Agence France Presse NEW YORK, United States (AFP) — America’s free online news heavyweights, BuzzFeed and HuffPost, this week were rocked by a new wave of layoffs, a sign of an advertising-dependent economic model under threat. At BuzzFeed, it was the second wave of job cuts in 14 months. In an internal announcement the company said that 200 jobs were to be shed, which follows the 100 jobs cut in the […]
SAN FRANCISCO, United States (AFP) — Facebook co-founder and chief Mark Zuckerberg on Thursday renewed his defense of the social network’s business, arguing that targeting ads based on interests was different from selling people’s data. “If we’re committed to serving everyone, then we need a service that is affordable to everyone,” Zuckerberg said in an opinion piece published in the Wall Street Journal. “The best way to do that is to offer services for free, […]
by Pak YIU / Amanda PENG Agence France Presse BEIJING, China (AFP) — In public squares across China, it is not unusual to see retirees practicing dance, tai chi, or even singing. Wang Jinxiang is no different — except she live streams her performances to an audience of thousands online. The 62-year-old is among a legion of senior citizens trying to make a name for themselves in China’s massive social media scene, a world usually […]
WASHINGTON, United States (AFP) — Apple chief executive Tim Cook called on US lawmakers Thursday to pass privacy legislation enabling consumers to see and delete their harvested online personal data from a central clearinghouse. Cook, writing in Time magazine, offered his view as the US Congress was set to consider tougher enforcement of privacy and data protection for online platforms. Several lawmakers and activist organizations have proposed data privacy measures, some of which contain elements […]
SAN FRANCISCO, United States (AFP) — Google agreed to pay $40 million for the smartwatch technology of the fashion and accessory group Fossil, the companies said Thursday, enabling the California tech giant to expand in the growing wearable tech market. As part of the deal, Texas-based Fossil Group’s research and development team working on the smartwatch will join Google, which will acquire the intellectual property for Fossil smartwatches, the firms said. The move would give […]
SAN FRANCISCO, United States (AFP) — Mobile app downloads are surging around the world with growth in smartphone use, with nearly half coming from China, a market tracker said Wednesday. Mobile research firm App Annie forecast that the amount of money spent on apps for smartphones or tablet computers this year will grow five times as fast as the global economy, surpassing $120 billion. “Games will fuel the bulk of consumer spend growth in the […]
by Selim CHTAYTI Agence France Presse PARIS, France (AFP) — Millions of teenagers seeking their 15 seconds of fame are flocking to TikTok, but many of their parents are only now learning about the express-yourself video app — often to their dismay. The social network became the most downloaded on Apple’s App Store in the first half of this year according to market analysis firm Sensor Tower, beating out titans like Facebook, Instagram and Snapchat. […]
by Dmitry ZAKS Agence France Presse LONDON, United Kingdom (AFP) — Britain is forbidding puppies and kittens from being sold by pet shops in a bid to crack down on animal exploitation and abuse. The government said it will roll out the legislation next year after holding public consultations that showed 95-percent support for the ban. “This will mean that anyone looking to buy or adopt a puppy or kitten under six months must […]
