Social network platform Reddit announced on Sunday that it would buy short-video platform Dubsmash, becoming the latest firm to expand in a space dominated by Chinese giant TikTok.
Technology (general)
Spanish Government Will Invest $550 Million in Artificial Intelligence Tech
The Spanish government said it is planning to invest $550 million into a new Artificial Intelligence strategy in an effort to transform Spain’s infrastructure and economy.
Spanish Government Will Invest $3 Billion on 5G and Broadband by 2025
The Spanish government announced on Tuesday morning it will invest $3 billion in deploying next-generation 5G telecommunications technology and extending broadband coverage by the year 2025.
Facing Anti-Trust Pressure Apple will Lower App Store Fees
Tech giant Apple announced on Wednesday morning that it will start a program to lower its App Store commissions for software developers who make $1 million or less in proceeds each year from the store.
Twitter Names Hacker “Mudge” as new Head of Security
Social media juggernaut Twitter appointed on Monday afternoon hacker Peiter Zatko, known by his hacker handle Mudge, to the new position of head of security. Zatko will answer to CEO Jack Dorsey and is expected to take over management of key security functions after a 45- to 60-day review.
Treasury Department Grants ByteDance 15-Day Extension on Order to Divest TikTok
The US Treasury Department granted ByteDance a 15-day extension of a divestiture order that had directed the Chinese firm to sell its short video-sharing app TikTok.
ICO Fines Ticketmaster for Failing Secure Customer’s Personal Data
The UK’s Information Commissioner’s Office fined Ticketmaster UK Limited $1.6 million on Friday afternoon for failing to secure its customer’s personal data.
Italian Watchdog Opens Antitrust Investigation Into Google
The Italian antitrust authority announced on Thursday morning it had opened an investigation against Google for alleged abuse of its dominant position in the Italian online display advertising market.
Advanced Micro Device Will Buy Chip Peer Xilinx for $35 Billion
Semiconductor designer Advanced Micro Devices announced on Tuesday morning it would buy Xilinx in a $35 billion all-stock agreement, intensifying its battle with Intel in the data center chip market.
Facebook Includes Gaming Feature in its Platform
US tech giant Facebook launched on Monday morning a free-to-play cloud gaming feature on its social media platform, allowing users all over the world to stream and play games without downloading them. Some of the games include “WWE SuperCard” and “Asphalt 9: Legends.”