Apps
Facebook undergoes revamp and comes out looking like TikTok
Meta Platforms Inc. seems to have embraced the “If you can’t beat ’em, join ’em” adage as it announced today that people are about to see something new when they use the Facebook app…
Emerging Tech
Carbon accounting startup Normative raises $31M to help companies go green
Swedish startup Normative AB announced today it has raised $31 million in a new round of funding to build out its carbon accounting platform. Today’s Series B round was led by Blume Equity and…
Security
Phishing scam uses PayPal to send malicious invoices to potential victims
By Duncan Riley
Security researchers have discovered a phishing scam that involves hackers using PayPal Holdings Inc. accounts to send malicious invoices to potential victims. Detailed today by researchers at Avanan, the scam involves hackers sending malicious invoices from…
Blockchain
Three people charged over Coinbase insider trading tipping scheme
By Duncan Riley
Three people, including a former Coinbase Inc. employee, have been charged following an investigation into a cryptocurrency insider trading tipping scheme. Former Coinbase product manager Ishan Wahi is alleged to have provided insider information…
Policy
U.S. investigates claims Huawei is spying on military communications
China’s Huawei Technologies Co. Ltd. is being actively investigated by the U.S. Department of Commerce over fears that it could be using equipment installed on cell towers to spy on nearby military bases and…
Apps
Snap shares plunge on earning miss, no third-quarter outlook
By Duncan Riley
Shares in Snap Inc. plunged in late trading after the company reported lower-than-expected quarterly earnings, declined to give an outlook for the third quarter and said it plans to slow hiring amid weak revenue…
Cloud
Mobile application aims to transform healthcare system
By Zainab Ghori
Many companies had to reinvent their business when the pandemic occurred. The healthcare industry was also heavily affected. Healthcare became a concern for the public, but attaining access was difficult. As a result, companies…
Cloud
Red Hat works to simplify and secure hybrid cloud solutions with new innovations
By Alice Gillin
Hybrid cloud solutions are exceedingly popular, and it’s no surprise why — with the convenience of the cloud and the physical security and speed of on-premises, hybrid cloud is here to stay. It’s not…
Apps
Verizon 5G Edge tech appeals to developers as mobile technology advances
By Amy Roberts
Exploring the capabilities of edge computing, Verizon is appealing to developers’ needs for versatility, reliability and functionality. “If you think about our mobile edge computing portfolio in Verizon 5G Edge, suddenly the developer is a more…
Cloud
Google and Microsoft reportedly scale back hiring efforts
Google LLC and Microsoft Corp. are scaling back their hiring efforts, according to two reports published on Wednesday. A number of other major tech firms, among them Apple Inc., are also expected to limit…