Facebook shares rose more than 4% after a US antitrust case was thrown out of court. The share price rise put Facebook’s market capitalisation over $1-trillion for the first time.
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Even as Microsoft hovers around a $2-trillion valuation, it may avoid being included in a US antitrust bills aimed at big technology companies.
US politicians’ efforts to rein in US-based social media giants such as Twitter and Facebook risk restricting democratic freedoms worldwide, including in Africa.
The Nasdaq ended at a record high on Tuesday, lifted by Amazon, Microsoft and other top-shelf tech companies as investors shifted their focus to growth stocks.
MTN Group said on Wednesday that it will deploy an OpenRAN network architecture across its operations in Africa, allowing interoperability between vendors and reducing costs.
Facebook is opening up ways for businesses to interact with customers on Instagram and WhatsApp, it said on Wednesday at its virtual developers conference, F8 Refresh.
A recent deluge of downloads of messaging app Signal exposed tensions about its direction and management under its unconventional founder and CEO, Moxie Marlinspike.
WhatsApp has filed a lawsuit in Delhi against the Indian government seeking to block regulations coming into force on Wednesday.
Instagram is launching the option for users globally to hide like counts on posts and the change will soon roll out on Facebook.
Should Apple’s defences fail to persuade the judge, a ruling in Epic Games’ favour would loosen Apple’s grip on its store and could upend the way millions of developers distribute apps.