Zoom has agreed to pay $85-million and bolster its security practices to settle a lawsuit claiming it violated users’ privacy rights by sharing personal data with Facebook, Google and LinkedIn.
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Square, the payments firm of Twitter co-founder Jack Dorsey, will purchase “buy now, pay later” pioneer Afterpay for $29-billion, creating a global transactions giant.
Shares of Pinterest fell about 20% in pre-market trading on Friday after the company warned of slowing user growth in the US, its largest market.
Google has asked a judge hearing the US justice department’s antitrust lawsuit against the search giant to compel Microsoft to turn over documents, saying it has failed to comply with a subpoena.
Elon Musk’s brain-chip start-up, Neuralink, has raised US$205-million in a funding round led by Dubai-based venture capital firm Vy Capital, with participation from Google Ventures.
The International Space Station was thrown briefly out of control on Thursday when jet thrusters of a newly arrived Russian research module inadvertently fired a few hours after it was docked to the orbiting outpost.
China’s unprecedented crackdown on its technology industry has turned Tencent Holdings from a market darling into the world’s biggest stock loser this month.
Inmarsat Group, the UK’s biggest satellite company, plans to launch a constellation of low-earth orbit spacecraft and set up 5G wireless networks, joining a new space race against the likes of Elon Musk.
Big technology companies in the US are making vaccination mandatory for on-campus employees, as the highly infectious Delta Covid-19 variant drives a resurgence in cases.
International investors are feeling bruised and uncertain as days of heavy selling hammered China’s top technology stocks that began to seep into currency and debt markets.