Now, Snap Inc. (NYSE: SNAP, ISIN: US83304A1060), the company at the rear of the popular Snapchat messaging app, is halting improvement of the Pixy flying selfie drone right after just four months. The 1 noted today Wall Road newspaper initial, which appeals to interior circles. Snap’s transfer will come following the unprofitable enterprise described disappointing … Read more
SAN FRANCISCO (IT-Times) – The online pinboard, photo and video-sharing platform Pinterest today released its results for the second quarter of fiscal 2022, showing renewed slower growth. – Pinterest stock quarterly results Pinterest Inc. (NYSE: PINS, ISIN: US72352L1061) was able to increase sales in the second quarter of fiscal 2022 compared to the same period … Read more
WhatsApp, the chat and instant messenger platform from Meta Platforms Inc. (Nasdaq: FB), announced on April 14, 2022 that it would release another feature, “Communities”. It’s a major update to the WhatsApp messaging app that will allow users not only to connect privately with friends and family as they have up until now, but also … Read more
Another lawsuit has now been filed against Meta Platforms Inc. (Nasdaq: FB). The plaintiff is the US state of Texas, which is citing the company in court for collecting facial recognition data without consent. Texas Attorney General Ken Paxton alleges that Facebook’s parent company illegally collected biometric data from users on servers without their consent, … Read more
The internet and technology group Facebook Inc. (Nasdaq; FB), to which the communication platforms Facebook, Instagram and WhatsApp as well as Oculus also belong, wants to form under the name Meta in the future. – – In this context, founder and CEO Mark Zuckerberg describes Facebook as a “company for social technology”. Yesterday he presented … Read more
Contemporary Amperex Technology Co. Ltd. – CATL for short -, China’s largest producer of lithium-ion batteries for automobiles and a competitor of the BYD company, takes over Millennial Lithium Corp. A final agreement was reached on September 28, 2021. The Canadian company is being acquired as part of a cash offer for 377 million Canadian … Read more
Previously, WeChat, Tencent Holdings’ super app, suspended new user registrations in mainland China, saying it was for “security reasons.” – – Tencent has now announced that it will be easier to share links to other offers and websites on WeChat in the future. Alibaba listings will soon also be integrated or shared in the chat … Read more
PALO ALTO / CALIFORNIA (IT-Times) – The chat and messaging service WhatsApp, which belongs to the empire of the social media giant Facebook, has been fined by the European Union (EU). – WhatsApp, the instant messaging service from Facebook Inc. (Nasdaq: FB), has to pay a fine of 225 million euros or around 265 million … Read more
Twitter Inc. (NYSE: TWTR) will soon end its Snapchat-like Fleets feature. These are disappearing posts that did not bring the hoped-for increase in user activity (engagement) on Twitter. – – Twitter only started its Fleets function less than a year ago and should compete with similar services from social media platforms such as Facebook / … Read more
WhatsApp alternative: Signal – the trustworthy one This free messenger service from a US non-profit foundation was released in 2014 and is considered particularly secure. The messages at Signal are end-to-end encrypted, only the communication partners can read the transmitted data. Additional functions compared to WhatsApp are self-deleting messages and automatic face recognition with the … Read more