Mike Schroepfer is stepping down after thirteen years and will be replaced by Andrew Bosworth, another Facebook veteran executive, who has been a public face at the company for years and helped lead its AI development, VR teams and blockchain efforts. The news was met with concern by some former Facebook staffers.
Apple has blacklisted Fortnite from the App Store until appeals in its legal battle with the game’s maker, Epic Games, are completed. The two companies have been locked in a legal dispute since August last year when the game maker tried to get around Apple's 30% fee on some in-app purchases by launching its own in- app payment system.
Robinhood will soon begin testing crypto wallets for its users, allowing users to trade, send and receive crypto tokens inside the app. The update brings Robinhood an oft-requested feature for crypto users, and brings the app deeper into the crypto ecosystem. The company's stock was up more than 10% in trading today.
Chinese TikTok users under 14 are having their time on the platform limited to just 40 minutes a day, in China's latest move to curb online addiction for younger Chinese users. The restriction is being rolled out in the form of a "youth mode," which automatically sorts all registered users under14 into a different user category.
F5 is buying Threat Stack for $68 million as it is looking to bolster its cloud security portfolio. The deal comes months after F5 bought Volterra for $500 million. The startup specializes in cloud security for applications and provides real-time threat detection for cloud infrastructure and workloads.
Twitter is proposing an $809.5 million settlement for a 2016 securities class action lawsuit that alleged the company misled investors about its user engagement figures. The lawsuit alleged that Twitter provided misleading information to investors about growth metrics to make the company appear financially healthier than it was. Twitter said it expects to use cash on hand to pay the settlement amount in its fourth quarter.
With the merger of Oppo and OnePlus, the company is planning to launch a unified OS in 2022. This will be running on both Oppo devices and take the fast and fluid elements of OnePlus' software and the feature-rich nature of ColorOS. The company will also keep the ad-free, bloat-free approach to software and keep the bootloader unlocked.
Amazon may be releasing a new version of its Paperwhite reader with a high-end "Signature Edition," showing new Kindle Paperwhite and Paperwhite Signature Edition models with 6.8-inch 300 ppi displays and 17 LEDs. The current Paperwhite has a 6-inch display and just four LEDs.
SpaceX's Starlink satellite-broadband service will emerge from beta in October, CEO Elon Musk said last night, sending email invitations to Starlink's public beta in 2020. The service is far from perfect, as trees can disrupt the line-of-sight connections to satellites and the satellite dishes go into "thermal shutdown" in hot areas.
Binance is facing more pressure from regulators over possible abuses at its cryptocurrency exchange, including possible insider trading and market manipulation. The company hasn't been accused of wrongdoing, but Commodity Futures Trading Commission investigators have inquired with potential witnesses about issues like the location of Binance servers and whether the US can pursue any cases.
Google is planning to add free TV channels to Google TV, the Android-based smart TV platform that powers Chromecast as well as select smart TVs from companies including Sony and TCL. The company has held talks with companies distributing so-called FAST (free, ad-supported streaming television) channels, which have the look and feel of traditional linear TV networks.
To understand the behavior of Gen Z and Gen Alpha, marketers must look at the behavior and behavior of the young generations during the Pandemic, as younger generations spend more time and across the digital environment than As public safety measures and regional lockdowns curbed in-person activities, younger generations spent more time in-game and across digital environments than ever before as gaming has become synonymous with socializing. While older millennials spend downtime scrolling through social feeds, gen Z and gen alpha are logging in to explore virtual worlds, connect with friends and attend experiences in digital environments.