Thursday, 24 May 2018


Mark Zuckerberg apologises to EU lawmakers over data leak

Mark Zuckerberg

BRUSSELS: Facebook CEO Mark Zuckerberg apologised to European Union lawmakers on Tuesday for a massive data leak, in his latest attempt to draw a line under a scandal that has rocked the world’s biggest social media network. Zuckerberg agreed to meet leaders of the European Parliament to answer questions about ...

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PayPal buys payments startup iZettle


SAN FRANSICO: PayPal announced a deal to buy Swedish online commerce startup iZettle for $2.2 billion, a deal that came as the young company was poised for a stock market debut. US-based PayPal, a unit of eBay, said that its biggest acquisition to date would strengthen its platform for handling ...

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Uber Loses Its Chief Product Officer


Uber’s chief product officer, Jeff Holden, said he is leaving the company after a four-year stint that included the development of the company’s carpool service and oversight of its flying-taxi initiative. Mr. Holden told colleagues his last day at the San Francisco ride-hailing firm is Thursday, a spokesman confirmed. Uber ...

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Zuckerberg to face European Parliament

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BRUSSELS: Facebook CEO Mark Zuckerberg is expected to speak with leaders of the European parliament next week about the data protection scandal that has engulfed his company – but might avoid a public testimony like the one he endured in the United States. The EU and British parliaments have been ...

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iPhones may come with USB Type-C fast charger


LONDON: Apple iPhones coming in 2018 could come with one major update. A report from ChargerLab claims that Apple iPhones that are expected to launch in September will ship with an 18-watt USB Type-C Lightning fast charger. This will not only facilitate faster charging but also enable faster data transfer. ...

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Facebook Removed 583 Million Fake Accounts

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LONDON: Facebook has had community standards and a dedicated safety team for years now, but has previously been reluctant to share exactly how guidelines are enforced and how much content is actually removed. Today (15 May), the company released figures around the removal of content for the first time in an unprecedented ...

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ZTE ends ‘major operations’ after US export ban


NEW YORK/BEIJING: ZTE, one of China’s leading technology companies, has announced it will end “major operations,” after the U.S. government barred American firms from doing business with the telecom equipment maker. The announcement by the fourth-largest wireless equipment maker in the country comes amid an escalating trade battle between the ...

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Facebook makes serious management shakeup


LONDON: Facebook confirmed an unprecedented management team shakeup in the aftermath of a major data privacy scandal that has rocked the social network. Co-founder Mark Zuckerberg remained chief of Facebook, with chief operating officer Sheryl Sandberg his second-in-command. Chris Cox, a longtime member of Zuckerberg’s inner circle, was put in ...

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Twitter urges all users to change passwords after glitch


LONDON: Twitter Inc urged its more than 330 million users to change their passwords on Thursday (May 3) after a glitch caused some to be stored in readable text on its internal computer system rather than disguised by a process known as “hashing”. The social network disclosed the issue in ...

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