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Top 5 tech news of the week

Here are the top five tech news by popularity of last week. Singapore tells Facebook to correct anti-government post on 29 Nov An online news publishing website State Time Review shared a post on their Facebook page mentioning about an arrest of a...

Singapore tells Facebook to correct anti-government post

Singapore government asked Facebook to issue a correction notice on a post published by the State Times Review page. The country believes that the anti-government post contains “false statements of fact.” States Times Review (STR) is an online website that publishes political material....

D1 Capital Partners making big bets on FAANG Stocks

Dan Sundheim's D1 Capital Partners strengthened its position in Amazon by injecting $588 million during the third quarter, according to regulatory filings released Thursday. The hedge fund, which is investing heavily in FAANG (Facebook, Amazon, Apple, Netflix, and Google), also...

Instagram test’s hiding like counts in some accounts

Instagram's CEO Adam Mosseri made an announcement at WIRED25 that the company will test hiding like counts in some U.S Instagram accounts. The company will start bringing these changes in limited accounts from next week. Instagram has already tested...

Facebook reportedly aimed to acquire Fitbit before Google

The giant social networking company Facebook was also interested in buying Fitbit for $1 million that is approximately half of the amount Google offered to acquire it.  As we already reported about Google’s interest in buying Fitbit. Now, Google has...

Facebook Libra project is coming up with other cryptocurrency ideas

There is a raised possibility that Facebook could use cryptocurrencies based on national currencies, to bring its long-awaited Libra project into the action. In the wake of growing skepticism about its digital currency, David Marcus, the Head of Libra project...

Is Silicon Valley paying enough Tax?

In the wake of the 2020 Presidential Election Campaign, Bernie Sanders unveiled his idea of wealth tax. The veteran senator called "Billionaires shouldn't exist.." last week in Washington. He embraced this idea by theorizing tax reforms and its method...

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