China Deletes Over 7 Million Pieces of Online Information, Thousands of Apps

China’s cyber watchdog said on Wednesday it had deleted more than 7 million pieces of online information as well as 9,382 mobile apps, and it criticised tech giant Tencent’s news app for spreading “vulgar information”. The Cyberspace Administration of China (CAC) said in a statement on its website the action was part of a clean-up […]

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86 million American consumers fear maxing out a credit card: Report

Despite the dangers of high-interest loans, more consumers are testing the limits of plastic. To that point, more than 1 in 3 people —or 86 million Americans — said they’re afraid they’ll max out their credit card when making a large purchase, according to a new WalletHub credit cards survey. (Most of those polled considered […]

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15 Fake GPS Apps Spotted on Google Play With Over 50 Million Downloads: ESET

Google Play store is reportedly plagued with over 15 fake GPS apps that use unfair tactics to show ads to users and make money unethically. These apps are positioned as navigation apps, but once installed; these apps reportedly just open Google Maps or use its API without any additional value for the user, except for […]

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Google Fined USD 57 Million by France for First Major Violation of EU’s GDPR Data Privacy Rules

Google has been fined nearly $57 million (roughly Rs. 406 crores) by French regulators for violating Europe’s tough new data-privacy rules, marking the first major penalty brought against a US technology giant since the regionwide regulations took effect last year. France’s top data-privacy agency, known as the CNIL, said Monday that Google failed to fully disclose […]

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French watchdog slaps Google with $57 million fine under new EU law

France’s data privacy watchdog has fined Google 50 million euros ($57 million), the first penalty for a U.S. tech giant under new European data privacy rules that took effect last year. The National Data Protection Commission said Monday it fined the U.S. internet giant for “lack of transparency, inadequate information and lack of valid consent” […]

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Shazam! Director Responds To His Costumes Reportedly Costing $1 Million Each

Billy Batson is in the big leagues now! In anticipation for Shazam!, the fans and filmmakers can’t seem to quit talking about the hero’s suit above all else. A couple days ago, the film’s costume designer, Leah Butler, revealed that each of Shazam’s costumes cost an upward of $1 million each, and they made 10 […]

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Tesla has $920 million in debt that’s coming due, could affect cash

Tesla has a billion dollar debt coming due, and it could wipe out nearly a third of the company’s cash if the stock price doesn’t improve. About $920 million in convertible senior notes expires on March 1 at a conversion price of $359.87 per share. But Tesla’s stock hasn’t traded above $359 for weeks, which […]

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Netflix Subscribers Rise to 139 Million, Gaining 8.8 Million Last Quarter

Netflix shares swung lower Thursday as spending on original shows at the leading streaming television service weighed on quarterly revenue and competition heated up. Shares sank nearly four percent to $339.70 (roughly Rs. 24,000) in after-market trades that followed release of earnings figures that showed the Silicon Valley company logged profit of $134 million (roughly […]

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Byju’s Acquires US-Based Learning Games Platform Osmo for $120 Million

Byju’s, an Indian online tutoring startup, has acquired US-based maker of educational games Osmo for $120 million (roughly Rs. 856 crores). The deal, which was announced late-Wednesday, is Byju’s first ever purchase of a US company. According to Osmo, the company will continue operate as a standalone brand and Byju’s will incorporate its physical-to-digital technology […]

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Netflix claims 10 percent of all TV time, 80 million ‘Bird Box’ viewers

Netflix lifted the veil on some of its viewership numbers for top-performing content such as “Bird Box.” Though the company has typically omitted these numbers, it disclosed how some of its shows are performing in its fourth-quarter 2018 earnings report on Thursday. While the numbers paint a slightly clearer picture of Netflix’s viewership, it still […]

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Google to buy Fossil smartwatch tech for $40 million

Stephen Lam | Reuters Google CEO Sundar Pichai speaks onstage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Fossil is selling $40 million of smartwatch technology to Google, the company announced on Thursday. Shares of Fossil jumped about 8 percent on the news. Fossil is one of the primary […]

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Pokemon Go Creator Niantic Raises $245 Million at $4 Billion Valuation

Pokemon Go creator Niantic said on Wednesday it had raised $245 million (roughly Rs. 1,700 crores) in a new round of financing bringing its valuation to nearly $4 billion (roughly Rs. 28,000 crores). The Series C financing round was led by IVP with additional strategic investments from aXiomatic Gaming, Battery Ventures, Causeway Media Partners, CRV, […]

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Realme 2 Sold Over 2 Million Units in Less Than 5 Months, Reveals CEO

Realme 2 was introduced in August last year Realme Mobiles, a spinoff from Chinese smartphone maker Oppo, has sold over two million Realme 2 smartphones in less than five months since the phone went on sale in India, revealed the company’s India CEO. This news comes just a few days after Realme had announced that […]

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Redmi Note 7 Aimed to Sell 1 Million Units in January, Claims Xiaomi

Redmi Note 7 was introduced in China last week Redmi is targeting to sell 1 million units of its brand-new Redmi Note 7 smartphone in the first month of availability, a company executive revealed on Weibo. Wang Teng Thomas, who is a product director at Xiaomi, replied to a customer’s query on whether there will […]

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