Month: July 2018

Apple is inching closer and closer to becoming a $1 trillion company today after posting third-quarter results that beat what analysts were expecting and bumping the stock another few percentage points — which, by Apple standards, is tens of billions of dollars. The company’s stock is up around 2.5 percent this afternoon after the report,
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Gusto, which sells payroll, benefits and human resources management and monitoring services to small businesses, has raised $140 million in its latest round of funding. The company said it will use the money to add new services to increase payment flexibility for employees. The company launched a new service called Flexible Pay, which gives employees
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Facebook just confirmed that an unknown group is waging a propaganda war against the U.S. midterm elections. Using images and event invites to rallies in Washington next week, the attackers are attempting to sow discord into the American political landscape. Facebook has not identified whether Russian intelligence organizations were responsible, like with their 2016 election
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In a newsroom post Tuesday, Facebook revealed that it has detected evidence of “coordinated inauthentic behavior” designed to influence U.S. politics on its platform. According to Facebook’s head of Cybersecurity, Policy Nathaniel Gleicher, the company first identified the activity two weeks ago. So far, the activity encompasses eight Facebook Pages, 17 profiles and seven accounts
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Istio, the service mesh for microservices from Google, IBM, Lyft, Red Hat and many other players in the open-source community, launched version 1.0 of its tools today. If you’re not into service meshes, that’s understandable. Few people are. But Istio is probably one of the most important new open-source projects out there right now. It
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Binance, the world’s largest crypto exchange based on volume, has made its first acquisition after it snapped up mobile wallet company Trust Wallet. The deal is undisclosed, but Binance confirmed to TechCrunch that the compensation is a mixture of cash, Binance stock and a portion of its BNB token. U.S.-based Trust Wallet will remain independent following the
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I worked Circuit City when the PlayStation 2 launched. For weeks, we were sold out, and there was always a crowd around the blue demo unit in the gaming department. It’s easy to see why the PlayStation 2 was a hit looking back. It was powerful, inventive and excelled at local gaming. It was the
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A Dixons Carphone data breach that was disclosed earlier this summer was worse than initially reported. The company is now saying that personal data of 10 million customers could also have been accessed when its systems were hacked. The European electronics and telecoms retailer believes its systems were accessed by unknown and unauthorized person/s in 2017, although
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Civil, the blockchain-based journalism organization, is casting its eye to Asia after it set up a $1 million fund that’s aimed at seeding 100 new media projects across the continent over the next three years. The organization has teamed up with Splice, a Singapore-based media startup which will manage the fund, according to an announcement. There’s
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As the economy has chugged along, so have retail sales, which last year capped their strongest year since 2014. Online sales have been especially brisk, growing 16 percent between 2016 and 2017 alone, according to the U.S. Commerce Department, which estimates that consumers spent $453.5 billion online last year. Of course, with every booming market comes supporting
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