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Alphabet, parent company of Google, has a trillion-dollar market cap now

Sundar Pichai led firm is only the fourth US tech company to reach the milestone.

Google’s parent company, Alphabet, hit the $1 trillion market capitalization on Thursday. With this milestone, Alphabet has become the fourth $1 trillion club member after Apple, Amazon, and Microsoft. The…

Business

Facebook and eBay following agreement to ban trading of fake reviews

UK regulator warned social sites of fake reviews trading.

Facebook and eBay knocked down hundreds of accounts, generating fake and misleading reviews, according to a report by Britains’ Competition and Markets Authority (CMA). About six months ago , CMA…

Business

Facebook acquires PlayGiga to jump into cloud gaming

Facebook gaming is expanding!

Facebook has acquired PlayGiga, a startup focused on cloud video games, as reported by CNBC . PlayGiga has one of the advanced video game streaming platforms in Europe. PlayGiga, based…

Facebook

Facebook worker is fired for accepting bribes to restore banned accounts

A Facebook contractor accepted thousands of dollars from Ads Inc. to reverse the ban on accounts.

A Facebook contractor has reportedly accepted thousands of dollars in bribes to reactivate banned accounts, according to an investigation by BuzzFeed News. A marketing agency based in San Diego, Ads…

Business

Asana, founded by Facebook co-founder, may go public next year

Asana has crossed $100 million in annual recurring revenue.

Asana, a team management app founded in 2008, is planning a direct listing as it aims to go public next year, according to a report by Miles Kruppa on Financial…

Facebook

Top 5 tech news of the week

Protests, Facebook posts, YouTube ban, Apple..!

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…

Facebook

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…

Business

D1 Capital Partners making big bets on FAANG Stocks

Founded in 2017, New York based D1 Capital Partners is one of the youngest prominent hedge fund firms.

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…

Social Media

Instagram tests hiding like counts in some accounts

Instagram likes are about to go from public view. Instagram’s quest is to make the internet a safe …

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…

Security

Former Twitter employees caught spying for Saudi Arabia

One of the employees has been arrested by the authorities, the rest of them are still at large.

Two former workers of Twitter have been charged for obtaining personal account information on the behalf of the government in Saudi Arabia, reported by Washington Post. Most of the users…