SpaceX has launched a Falcon 9 rocket carrying the next batch of 49 Starlink satellites for the company’s internet satellite constellation system from Launch Complex 39A at Kennedy Space Center in Florida on Thursday. The booster supporting this mission previously launched Crew-1, Crew-2, SXM-8, CRS-23, and IXPE. Starlink is a satellite-based global internet system that…
Australian Mining Billionaire Launches Criminal Case Against Facebook
February 3, 2022
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Mining billionaire Andrew Forrest has launched criminal proceedings against social media giant Facebook for breaching Australia’s anti-money laundering laws, and for failing to deal with clickbait advertising for cryptocurrency. Forrest has launched two simultaneous actions, one in the Magistrates Court of Western Australia and the other in the Superior Court of California, County of San…
Senate Judiciary Committee Approves Antitrust Bill Targeting Big Tech
February 3, 2022
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The Senate Judiciary Committee voted overwhelmingly on Thursday to advance the Open App Markets Act, an antitrust bill that targets big tech. Bill S.2710 addresses Apple and Google in particular, who oversee the Apple App Store and the Google Play Store, which together mediate access to the vast majority of apps used by smartphone users. The…
Facebook Loses Nearly $200 Billion, First Drop in Users in Company History
February 3, 2022
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Meta shares lost more than a fifth of its value as the company struggles to retain users, indicating the beginning of the end of an era where a handful of Silicon Valley CEOs controlled the flow of information across online platforms. Registering the first sequential loss of customers in the company’s 18-year history, Meta Platforms,…
Facebook Loses Nearly $200 Billion, 1st Drop in Users in Company History
February 3, 2022
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Meta shares have lost more than a fifth of their value as the company is struggling to retain users. Registering the first sequential loss of customers in the company’s 18-year history, Meta Platforms, earlier known as Facebook, dropped to 1.929 billion daily users from 1.93 billion users in the previous quarter. User growth across Whatsapp…
Shares of Facebook Parent Meta Plunge 23 Percent on Lower Profits
Newly renamed Meta is investing heavily in its futuristic “metaverse” project, but for now, relies on advertising revenue for nearly all its income. So when it posted sharply higher costs but gave a weak revenue forecast late Wednesday, investors got spooked—and knocked almost $200 billion off the valuation of the company formerly known as Facebook….
Google Shares Become Affordable With 20-to-1 Stock Split
February 2, 2022
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Alphabet, Google’s parent company, is splitting up its stock to enable affordability, leading to a surge in the share price as retail traders will now be able to own a part of the company instead of opting for fractional shares. “Alphabet today announced that the Board of Directors had approved and declared a 20-for-one stock…
Twitter Files Lawsuit Against German Online Reporting Rule
BERLIN—Twitter has taken legal action against a rule, coming into force in Germany from Tuesday, that obliges social media firms to block or delete criminal content quickly and report particularly serious criminal offenses to the police, a German court confirmed on Monday. The lawsuit filed at the administrative court in Cologne challenges a provision under…
Scientists Warn Wireless Radiation, 5G May Endanger Animals
February 1, 2022
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Researchers have published a three-part, 150-page review of how wildlife could be suffering harms from the non-ionizing electromagnetic fields (EMF) produced by wireless infrastructure, raising questions about the environmental safety of wireless technology as 5G begins to blanket the United States. “We’ve known for a while now, through a number of scientific studies, that cellular…
Toyota Heading to Moon With Cruiser, Robotic Arms, Dreams
TOKYO—Toyota is working with Japan’s space agency on a vehicle to explore the lunar surface, with ambitions to help people live on the moon by 2040 and then go live on Mars, company officials said Friday. The vehicle being developed with the Japan Aerospace Exploration Agency is called Lunar Cruiser, whose name pays homage to…
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