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Technology

Meta’s profit slips as Facebook says it’s losing 1m users daily


February 3, 2022

Facebook’s parent firm Meta on Wednesday delivered a gloomy mix of a sharper-than-expected drop in profit, a decrease in users and threats to its ad business that plunged shares some 22 per cent in after-hours trading. Already jittery markets have punished pandemic-era darlings including Netflix for disappointing results, with Meta getting a taste of that after its $10.3 billion quarterly …

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PTA mulls restricting freewill tariff increase by mobile operators


February 2, 2022

ISLAMABAD: The telecom sector regulator is planning to contain the dominating position of mobile phone operators by restricting freewill tariff increase and utilising their profits for other telecom services. The Pakistan Telecommunication Authority (PTA) has sought feedback on the draft ‘Tariff for Telecommunication Services Regulations, 2022’ which will bound all telecom operators to provide access to ‘Emergency Services’ to their …

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BLACKBERRY TO SELL PATENTS RELATED TO MOBILE DEVICES, MESSAGING


February 1, 2022

BlackBerry said Monday it is selling almost all of its legacy patents related to mobile devices, messaging, and wireless networking to a special purpose company, Catapult IP Innovations, for $600 million. BlackBerry stock was down over 5% to $7.46 in premarket trading but was up 1.4% to $7.98 early in the regular session. Shares have fallen 15.7% year to date, …

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META INTRODUCES 3D AVATARS TO INSTAGRAM STORIES, UPDATES FOR FACEBOOK


February 1, 2022

Meta has announced that the company is adding 3D avatars to Instagram Stories and direct messages and updating avatars in Facebook and Messenger. People in the United States (US), Canada, and Mexico will be able to appear as their virtual selves in stickers, feed posts, Facebookd profile pictures, and more across Meta platforms, including its Quest VR platform.

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Cybersecurity — a preemptive necessity


January 31, 2022

Cyber threats and cyberattacks are no longer novel terms in the present era. Organisations, big and small, need to take on a proactive approach towards preventing various cyber threats and implementing policies that can guarantee security in an ever-evolving digital world. The shift from centralised computing to cloud-based services — although considered secure — has exposed security gaps vital for …

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Apple hits revenue record despite chip shortage


January 29, 2022

SAN FRANCISCO: Apple reported record $124 billion quarterly revenue on Thursday, despite a global chip pinch and shifting impacts of the pandemic that have weighed down other big tech players. The expectations-beating results offered signals that the coronavirus-era tech boom may not be quite over yet, even as diminishing growth shadows firms like lockdown lifestyle champ Netflix. “We set all …

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Rahul Gandhi accuses Twitter of curbing free speech


January 28, 2022

NEW DELHI: The de facto head of India’s Congress party has complained to Twitter about “strange” activity on his account, accusing the US giant of being an “unwitting” ally of the government in curbing free speech. Rahul Gandhi told Twitter’s chief executive in a letter that growth in his new Twitter followers “suddenly” stopped last August, falling from a monthly …

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Astronomer predicts space junk will hit Moon on March 4


January 27, 2022

WASHINGTON: A chunk of a SpaceX rocket that blasted off seven years ago and was abandoned in space after completing its mission will crash into the Moon on March 4, according to an expert’s calculation. The rocket was employed in 2015 to put in orbit a Nasa satellite, called the Deep Space Climate Observatory. Since then the second stage of …

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What is Wordle and why is everyone talking about it?


January 26, 2022

The term Wordle might’ve crossed your path recently, especially if you’re an avid Twitter user. Our feeds are sprinkled with colourful building blocks, forming a square shape. Users are posting their scores that may appear like coded language for those unaware of the game but we’re here to decode the mystery. Wordle is a guessing game in which you guess …

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Webb space telescope reaches final stop 1.5m km from Earth


January 26, 2022

BALTIMORE (US): Nasa’s James Webb Space Telescope, designed to give the world an unprecedented glimpse of infant galaxies in the early stages of the universe, arrived at its gravitational parking spot in orbit around the sun on Monday, nearly 1.5 million kilometres from Earth. With a final five-minute, course-correcting thrust of its onboard rocket, Webb reached its destination at a …

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