Microsoft buys Activision Blizzard to become third-largest gaming firm

Highlights Microsoft said it would acquire Activision Blizzard for nearly US$69 billion in an all-cash deal. Since July, Activision has fired over three dozen employees and disciplined around 40 more staff members over sexual harassment and mis...

What’s in store for Facebook in 2022 after a year of hurdles?

The first nine months of 2021 have been difficult for Facebook, marred by relentless hurdles that seemed almost unassailable. And as the year draws to an end, it is perhaps a time of reflection and learning for Facebook and preparing for a new year...

Facebook (FB) stock shrugs off recent losses, jumps 3% on Europe job plan

The Facebook Inc (NASDAQ: FB) stock was up more than 3% in intraday trading, hours after it announced plans to hire up to 10,000 specialists in Europe to help develop a metaverse. The FB stock traded at US$334.935 at 1:32 pm ET on Monday. Faceboo...

Now, Facebook wades into Instagram Kids row, halts project: Know more

Highlights Facebook halts planned development of a new Instagram Kids feature for children below 13 years. The decision comes ahead of the US Senate’s discussion on the risks posed by social media platforms to children’s mental heal...

There is one cyber-attack every 8 minutes in Australia: ACSC

In a startling revelation, the Australian Cyber Security Centre (ACSC) stated in its Annual Cyber Threat Report 2020–21 that Australia is reporting a cyber-attack in every 7.8 minutes. The report also disclosed that close to a quarter of cybe...

New ACCC plan laws spells tough times for big tech

Highlights  Big tech companies are facing hard time due to the new tough regulations under the ACCC plan. The Australian government has been considering new laws for Apple, Google, and other tech giants. New reforms are expected to incl...

Which are the 5 best AI companies worldwide?

Artificial intelligence is simulation of human intelligence by combining several technologies and computer systems. Some of the applications of AI are natural language processing, speech recognition and machine vision.  AI will be impacting t...

Tesla (TSLA) eyes humanoid robots to beat labor shortage

Tesla Inc (Nasdaq: TSLA) will launch a humanoid robot designed to do tedious and dangerous work, CEO Elon Musk said at the company's AI Day on August 19. Tesla Bot has a height of five feet eight inches and weighs 125 pounds. It can do repetitive ...

Are these 10 global technology companies poised to grow in FY21?

Summary  For technology companies, numbers don’t matter that much. The cutting-edge technology is what makes investors interested about them. There are many cloud-based companies poised to do well in FY21. For technology stocks...

Branson steals the march on Bezos in billionaires’ space race

Summary Richard Branson has beaten Jeff Bezos to the punch in billionaires’ space tourism race. With a price tag between US$200,000 to US$250,000 per ticket, an advance sale of about 600 tickets from 60 different countries has already bee...