Friday, February 3, 2023

Activision Blizzard settles SEC charges for $35 million

Activision Blizzard will pay $35 million to settle US government allegations that the video game giant violated a whistleblower protection rule and lacked processes to collect workplace misconduct complaints, according to the Securities and Exchange Commission.

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Thursday, February 2, 2023

A first generation iPhone going up for auction hopes to fetch $50,000

An unopened first-generation iPhone from 2007 is hitting the auction block Thursday -- with an estimated value of $50,000.

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Democratic senator urges Apple and Google to ban TikTok from their app stores

A member of the Senate Intelligence Committee is calling on Apple and Google to remove TikTok from their app stores over concerns about national security, in the latest indication of mounting scrutiny on the short-form video app from members of Congress.

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Zombies and snails: African gaming apps

Africa's smartphone market is driving new gaming apps, featuring everything from Zombie killers to cheeky snails.

Source CNN.com - RSS Channel - App Tech Section https://ift.tt/CRDrPSK

Meta shares surge nearly 20% as Zuckerberg pledges to make 2023 a 'year of efficiency'

For years, Facebook and its CEO Mark Zuckerberg invested heavily in growth, including in areas like virtual reality with unproven potential. But after a brutal year in which the company lost more than $600 billion in market value, Zuckerberg has started speaking Wall Street's language — and they are rewarding him for it.

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Wednesday, February 1, 2023

Judge reportedly allows Meta to move forward with VR startup acquisition, in blow to FTC

A federal judge will not block Meta from buying a virtual reality tech startup, according to multiple reports, in a setback for the US government, which had alleged the deal would threaten competition in a nascent market.

Source CNN.com - RSS Channel - App Tech Section https://ift.tt/9AMeZcf

Record $3.8 billion stolen in crypto hacks last year, report says

A record $3.8 billion worth of cryptocurrency was stolen from various services last year, with much of those thefts driven by North Korean-linked hackers, according to a report Wednesday from blockchain analytics firm Chainalysis.

Source CNN.com - RSS Channel - App Tech Section https://ift.tt/Aenvbfl

Apple and Google's app stores wield 'gatekeeper' power and should be reined in, Commerce Department says

The Biden administration on Wednesday took its biggest swipe yet at app stores run by Apple and Google, with a new report accusing the two tech giants of exercising "gatekeeper" power that has led to "suboptimal" levels of competition in digital markets.

Source CNN.com - RSS Channel - App Tech Section https://ift.tt/4pTu5vN

Apple is the only US tech giant to have avoided significant layoffs. Will it last?

In less than three months, four of the big five US tech companies have cut tens of thousands of employees combined, shattering myths about the industry's seemingly unstoppable growth in the process.

Source CNN.com - RSS Channel - App Tech Section https://ift.tt/UumBf4a

Snap stock plunges 15% as revenue growth stalls

Snapchat's parent company reported stalled revenue growth and a large net loss for the final three months of 2022, as it confronts tighter advertiser budgets amid broader economic uncertainty.

Source CNN.com - RSS Channel - App Tech Section https://ift.tt/xtXTBhj