Tag: Technology

Facebook Asks App Makers to Stake Bets on Oculus, Messenger

so hard to work with his social network lately. Even as the relationship has become more fraught, there are still two bright spots: virtual reality and messaging. A crisis that unfolded in recent weeks over Facebook’s sharing of personal user data with third parties led the company to shut down several of its tools for app …

Zuckerberg Says Facebook to Keep Building, Despite Challenges

At F8 developer conference, he puts emphasis on app creation New tools include dating feature, option to ‘clear history’ tool that will give users the option of scrubbing their accounts of data sent to the social network via outside websites and apps. The Menlo Park, California-based company said the feature, which will take several months to …

WhatsApp CEO Jan Koum quits over privacy disagreements with Facebook

WhatsApp was built with a focus on privacy and a disdain for ads, but the Facebook-owned service is now under pressure to make money The chief executive and co-founder of WhatsApp, the Facebook-owned messaging app, is leaving the company over disagreements about privacy and encryption. Jan Koum will also step down from Facebooks board of directors, …

WhatsApp CEOs Early Facebook Exit Could Cost Him $1 Billion

Jan Koum’s exit from Facebook Inc. could prove costly. A speedy departure may prevent him from collecting as much as $1 billion in stock awards. The chief executive officer of messaging unit WhatsApp confirmed in a Facebook post Monday afternoon that he was leaving the company. The announcement comes before the final three vesting dates of …

WeWork’s Lucky Number Proves Anything But as New Bonds Decline

debut junk debt offering when it took advantage of heavy demand and boosted the size of the deal. But investors have since been reeling in their chips and sending the bonds tumbling. The $702 million of speculative-grade bonds, sold on Wednesday at par, fell for the third straight day on Monday to 96.5 cents on the …

The Curious Case of the Amazon Prime Price Hike

legitimate questions about whether customers are really seeing the cheapest products on the internet, or only the cheapest ones stored in Amazon’s warehouses. And now, for the second time in five years, Amazon has raised the price of its signature subscription service, Amazon Prime. It’s going up to $119 from $99 a year, the company announced …

The new food: meet the startups racing to reinvent the meal

Lab-grown meat and food-tech companies in the US are showing that applying science to what we eat can save the world and make money If you make food that tastes really good, you win, says Josh Tetrick, with a smile. And winning is crucial, he says, with his company has filed a petition to exclude non-animal …

T-Mobile to Buy Sprint for $26.5 Billion in Bet on Networks

Legere to run combined company, with SoftBank’s Son on board Deutsche Telekom to end up with 42% stake, SoftBank with 27% Verizon is the largest U.S. carrier with $88 billion in 2017 wireless revenue and 111 million subscribers, and statement Sunday, or about $6.62 a share based on T-Mobile’s Friday closing proved to be largely true. …

Charter Suffers Worst Selloff in Nine Years After Shedding Subscribers

Cable-TV giant lost 122,000 TV customers last quarter CEO highlights broadband focus, says strategy still ‘on track’ added video subscribers for the first time in nearly two years and brought a glimmer of hope to a beleaguered business. But this quarter, the Stamford, Connecticut-based company lost 122,000 residential video subscribers — even more than during the …
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