Mark Zuckerberg is delivering a keynote speech at the company’s annual conference on virtual reality around 1pm ET on Wednesday. At least part of it will be focused on how Facebook users can share its VR technology. Yet he may be hard-pressed to keep broad attention focused solely on hardware and software after a preview […]
Read moreFacebook is dispatching Sheryl Sandberg, its powerful chief operating officer, to Washington, D.C., this week, as the company attempts to contain the political fallout from revelations that Russian agents spread disinformation on the social network. The house call to the nation’s capital — confirmed to Recode on Tuesday by multiple source — comes as Facebook […]
Read moreThe most important strategic move for Amazon after its Whole Foods acquisition is not just cutting grocery prices, according to one top Wall Street firm. Credit Suisse reaffirmed its outperform rating and raised its price target for the e-commerce giant to the second highest on Wall Street citing Amazon’s ability to leverage its Whole Foods […]
Read morePolygraphs have been the standard for deception detection ever since the technology was invented in 1921, but a Utah-based company called Converus claims to have come up with a faster, cheaper less invasive way to tell if someone is lying. The test is called EyeDetect. It uses a high-resolution infrared camera to track changes in […]
Read moreThe British government could ask internet giants like Facebook and Google to pay money towards measures to tackle cyber bullying and online abuse, proposals released Wednesday showed. The move is part of a broader package of measures proposed by the U.K. government in a green paper aimed at making the internet safer. While the green […]
Read moreIt just keeps getting better for Nvidia shareholders. Soaring to a fresh record on Tuesday, the white-hot semiconductor stock is now up 181 percent during the past year, and an incredible 1,021 percent in the past three. What makes the run even more impressive is that the stock has essentially only gone in one direction. […]
Read moreNorth Korean hackers used fake emails to try to infiltrate U.S. electric companies, a report released Tuesday revealed. Cybersecurity firm FireEye detected and stopped the so-called spear phishing attack — when attackers send emails containing malicious links. When a person clicks the link, it could open the doors for hackers to enter an organization’s network. […]
Read moreTesla shares have crushed the market’s performance for years, but patience is starting to run thin among some investors after Chairman and CEO Elon Musk’s too ambitious Model 3 production goals. In the third quarter, Tesla delivered 26,150 total vehicles and just 220 Model 3 cars versus Wall Street analyst consensus estimates for 25,860 and […]
Read moreA cryptocurrency start-up has taken out a full-page ad in the Wall Street Journal to take a dig at JPMorgan Chase CEO Jamie Dimon, who recently called bitcoin a “fraud”. Switzerland-based start-up Eidoo launched Wednesday and bills itself as a digital wallet for people to hold ethereum, the second-largest cryptocurrency by market cap. It has […]
Read moreOla, Uber’s fiercest rival in India, has raised $1.1 billion from investors including Chinese internet giant Tencent and Japan’s SoftBank. The funding will give the ride-hailing service firepower to continue fighting Uber in one of the world’s largest mobile markets. Ola revealed it is also in advanced talks to raise another $1 billion from different […]
Read more