More than 1,500 respondents of an open-ended survey on Yahoo Finance on December 4 were given dozens of alternatives to choose from, but Facebook beat them all. It received 50% more votes as the year’s worst company than the second-place finisher, Chinese e-commerce giant Alibaba. Some respondents complained about Facebook’s …
Read More »Company that rocked Wall Street to go public
“The initial public offering is expected to occur after the SEC completes its review process, subject to market and other conditions,” Reddit Inc. said in a statement released on Wednesday. According to the company, neither the number of shares that would be offered nor the price range for the stock …
Read More »Company apologizes for comparing women to cows (VIDEO)
The controversial video, which has since been re-uploaded by the public, was made to promote the company’s flagship brand, Seoul Milk. It shows a man walking through the woods with a large camera. He eventually reaches a meadow where he films a group of beautiful women in white clothes doing …
Read More »Company selling sound of Covid-19 as NFT
It’s a news story that would sound utterly alien to anyone pre-2020: A company called Viromusic has come up with a novel way to monetize the coronavirus by creating ambient works of music from its genetic code and selling them as non-fungible tokens (NFTs). Put simply, the company reads the …
Read More »Apple sues Israeli company behind Pegasus spyware
“State-sponsored actors like the NSO Group spend millions of dollars on sophisticated surveillance technologies without effective accountability. That needs to change,” Craig Federighi, Apple’s senior vice president of Software Engineering, said on Tuesday, announcing the lawsuit. The complaint was filed in the federal court in San Jose, California and provides …
Read More »Google employees push back against company’s reported plans to help Pentagon
Alphabet has been “aggressively pursuing” the Defense Department’s (DoD) Joint Warfighting Cloud Capability (JWCC) contract, the New York Times reported earlier this week, noting that the organization viewed it as a priority. The initiative – a successor to the Pentagon’s failed ‘war cloud’ project – apparently aims to use “artificial …
Read More »New king on the block: Microsoft beats Apple as world’s most valuable company
Apple’s shares fell 1.8% on Friday, ending the trading session at $149.80 apiece. The company’s market capitalization dropped to $2.48 trillion. Microsoft shares, however, showed 2.2% gains, reaching a record high of $331.62 per share, which propelled its market capitalization to roughly $2.49 trillion. Despite posting relatively strong earnings for …
Read More »Facebook’s Mark Zuckerberg announces company is rebranding as ‘Meta’
Mired in numerous antitrust probes, battling investigations in multiple countries, and desperately trying to defuse the revelations from an explosive series of internal document leaks, Facebook hinted earlier this month that it would be taking on a new direction based on an immersive “metaverse” experience. “We are a company that …
Read More »George Soros backs liberal media company with a mission to counter fake news & promote ‘GOOD INFORMATION’
Good Information, Inc. launched on Tuesday as “a civic incubator committed to investing in immediate solutions that counter disinformation and increase the flow of good information online.” According to Axios, it is bankrolled by LinkedIn co-founder Hoffman, Soros, as well as Silicon valley investors Ken and Jen Duda and Incite …
Read More »UK govt scraps Covid vaccine deal with French company Valneva over ‘breach’
In a statement issued on Monday, Valneva revealed it had been hit with the termination notice, remarking that the UK government “has alleged that the Company is in breach of its obligations under the Supply Agreement”. The biotech firm, however, “strenuously denies this”, without elaborating on the details of the …
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