Facebook shares were poised to fall for a second day after more businesses, including Starbucks and Diageo, joined the growing number of brands planning to halt spending on social media.
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Sony’s image sensor business aims to replicate PlayStation’s success to address its reliance on a handful of manufacturers in the fickle smartphone market by selling software by subscription for data-analysing sensors.
Mark Zuckerberg just became $7.2-billion poorer after a flurry of companies pulled advertising from Facebook’s network – but he’s still the fourth richest person in the world.
Microsoft said on Friday it would close its retail stores and take a related pretax asset impairment charge of US$450-million in the current quarter.
Two “super-Earths” have been discovered orbiting one of the brightest red dwarf stars in the sky. About half as big as the sun, GJ 887 is just 11 light years away.
Verizon Communications said on Thursday it was pausing advertising on Facebook in support of a campaign that called out the social media giant for not doing enough to stop hate speech on its platforms.
Amazon.com has agreed to pay over $1-billion to buy self-driving start-up Zoox, according to a report. It would would expand its reach in autonomous vehicle technology.
Naspers affiliate Tencent is buying certain assets of iFlix, a struggling streaming platform with about 25 million users focused in South and Southeast Asia.
Google will begin paying select media outlets featured in a yet-to-be released news service later this year, a major business shift for the search engine.
The Trump administration has determined that top Chinese firms, including Huawei and Hikvision, are owned or controlled by the Chinese military, laying the groundwork for new financial sanctions.