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Tag Archives: internet

Facebook authorizes $6 bn share buyback

San Francisco, United States | AFP | Facebook’s board of directors on Friday authorized spending as much as $6 billion to buy back shares in the leading social network. The stock repurchase program would go into effect at the start of next year, potentially allowing Facebook to take advantage of …

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Facebook buys facial recognition tech startup

San Francisco, United States | AFP |  Facebook on Wednesday said that it has bought facial recognition startup FacioMetrics, potentially using the technology for photo or video effects to better challenge rival Snapchat. “How people share and communicate is changing and things like masks and other effects allow people to …

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Huge cyber attack disrupts internet in Liberia

Monrovia, Liberia | AFP | A massive cyber attack targeting Liberia’s single broadband link has taken the country’s internet intermittently offline for the last week, web security experts said Friday. The characteristics of the attack point to the same type of cyber weapon that crippled several major websites based in …

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Alibaba sales growth soars into the cloud

Beijing, China | AFP |  Chinese e-commerce giant Alibaba’s sales soared 55 percent in the last quarter, thanks in part to a more than doubling of revenue from cloud computing, the company said Wednesday. The year-on-year growth in group sales, to 34.29 billion yuan ($5.14 billion), was not matched by …

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Tablet market shrinks as demand grows for hybrids

San Francisco, United States | AFP |  The tablet market shrank in the recently-ended quarter, as shipments of bargain-priced computers with detachable screens hit a record high, according to market analysis firm International Data Corporation. Tablet makers shipped 43 million units in the quarter, down 14.7 percent from the number …

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Clinton voices concern over AT&T-Time Warner mega-deal

Washington, United States | AFP | White House hopeful Hillary Clinton said the proposed mega-merger of AT&T and Time Warner “raises questions and concerns” and merits further study. AT&T and Time Warner, home of CNN and HBO, have said the proposed $108.7 billion deal will benefit consumers as they gird …

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Ongoing cyber attack hits Twitter, Amazon, other top websites

Washington, United States | AFP |  Major internet services including Twitter, Spotify and Amazon suffered service interruptions and outages on Friday as a US internet provider came under sustained cyber attack. The internet service company Dyn, which routes and manages internet traffic, said that it had suffered a distributed denial …

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Facebook launches intra-office ‘Workplace’ network

London, United Kingdom | AFP |  Social network giant Facebook on Monday launched new global product Workplace, a platform that it hopes will replace intranet, mailbox and other internal communication tools used by businesses worldwide. It is intended to compete with similar office communication products including Microsoft’s Yammer, Salesforce’s Chatter …

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Twitter shares dive after Google rules out bid

San Francisco, United States | AFP |  Twitter shares dove in after-hours trades Wednesday on the heels of a report that Google does not plan to bid for the culture-changing but unprofitable one-to-many messaging service. The technology news website Recode cited unnamed sources close to the situation as saying Google …

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Pixel phones and smart machines: Google announcements

San Francisco, United States | AFP |  US internet giant Google on Tuesday challenged heavyweight rivals including Apple and Amazon with an array of new gadgets aimed at digital lifestyles. Coming products to watch for: Smartphone ‘Made by Google’  Pixel is the first smartphone designed by Google, with the Silicon …

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