Facebook admitted to it making misstates in relation to the misuse of personal data of 50 million U.S. users of the social media platform and pledged to take stricter measures to prevent access to personal information by developers.   These were announced by the company Chief Executive Mark...

Chinese tech giant Tencent has increased its profits for 2017 by 74 per cent compared to the profits it made the year earlier. According to the company statement released on Wednesday, the tech giant attributed the significant increase in profits to "solid growth" throughout all of its components...

Toy makers felt assured about them getting paid as Toys ‘R’ Us attempted to emerge from Chapter 11 and when it managed to get hold of a $3.1 billion bankruptcy loan in September.   But now as the toy retailer is moving towards liquidation, that assurance is fading away fast.   There...

About 30,000 jobs at legendary toy retailer Toys ‘R’ Us Inc will put to risk as the company decides to either close down or sell off all of its stores in the United States as it has been unable to locate a buyer or get into an agreement with debtors to restructure its debt worth billions.  ...

Google has been attempting to tackle all forms of emerging threats on its platforms and as a part of that strategy, the online search engine company has announced that starting June, it will stop all forms of advertisements that seek to promote cryptocurrencies and initial coin offerings. ...

A hostile takeover bid by the investment group Melrose Industries Plc was thwarted by U.K. engineering form GKN Plc by agreeing to sell off its automotive unit to U.S.-based Dana Inc ini a deal that is worth $6.1 billion.   In addition to 1.6 billion in cash, stocks valued at 3.5...

Allegations that the content filtering systems of Facebook are not up to the mark have been labelled by yet another country.   This time it is the island country of Sri Lanka. Facebook's social media and messaging services have been banned in the country this week by the government there...

Following the decision of Accor SA to sell off a major portion in its property business, the hotel operator now is planning repurchase its shares worth up to 1.35 billion euros ($1.65 billion) during the next two years.   A statement issued by the French company recently said that 55 per...

According to media reports published very recently, later this year, Apple Inc. could be releasing three new smartphones which include the largest veer iPhone. It is touted that this device would compete with the largest gadget from rival Samsung’s flagship smartphone, according to media reports...

The government in Ghana is attempting to control the spread of epidemics like that of the Ebola virus by the process of tracking the movements of people. For this purpose, it has teamed up with Vodafone which will share data about the movements of its customers in the country.   There are...

While claiming that the mobile carriers in the U.S. are inclined to work with the company, the head of the Chinese company Huawei’s consumer business said that politics is being used as a tool to throw the company out of business in the U.S. by its rivals because the competitors are worried about...