Technology billionaires are making a run for the top of the global wealth rankings as surges for Facebook, Amazon.com and Google parent Alphabet added US$5,6bn to their founders’ fortunes this week. Google co-founders
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Facebook shares jumped in late trading after the company reported second quarter revenue that beat analysts’ projections, lifted by surging sales of video and Instagram ads and a boost in users. Second quarter
Technology companies that make business software are never going to match the glamour of their consumer counterparts. Facebook’s Mark Zuckerberg is a household name, but many would be hard-pressed
It’s an ambitious plan to launch a series of micro-spaceships to our stellar neighbours, but that’s what Russian billionaire Yuri Miller has announced this week. The US$100m Breakthrough Starshot project aims to send the probes out at speeds up to about one fifth the speed of
Apple’s defiance of the FBI’s request to unlock the work phone of one of the San Bernadino shooters has become an all out PR and legal battle being waged on all fronts. Although the case is ostensibly
According to the latest ranking of the world’s richest people, published on Wednesday, Bill Gates still tops the list with a fortune of $75bn, while the net worth of Facebook’s Mark Zuckerberg has leapt higher in the past year
Earlier this week, the Indian communications regulator announced it would forbid the provision of differential pricing for data services on the basis of content. This decision effectively bans Facebook’s Free Basics initiative, which offers access to
Who could possibly be against free Internet access? This is the question that Mark Zuckerberg asks in a piece for the Times of India in which he claims Facebook’s Free Basics service “protects net neutrality”. Free Basics is the rebranded Internet.org, a Facebook operation where
Facebook founder and CEO Mark Zuckerberg is to emulate fellow billionaires, Microsoft’s Bill Gates and Berkshire Hathaway’s Warren Buffett, by giving away most of his amassed fortune to worthy causes. In a post on Facebook on Tuesday, celebrating the birth of his daughter
At the end of this year, Facebook will launch a satellite into orbit to provide free access to the Internet to the African continent. Yes, really. But what is a social networking service doing mucking around with satellites? To be completely accurate, Facebook has partnered with