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Snap shares appear to have rebounded from the plunge they took earlier this month, after the newly public company released a massive $2.2 billion loss in the first quarter, but investors still are scratching their heads over the company's prospects. Trading just over $20 at mid-day Tuesday, Snap loo...
The Softbank Vision Fund has closed its first major funding round raising more than $93 billion in capital from the Gulf states, as well as tech stalwarts Apple, Qualcomm and others. Softbank, which last fall launched the fund with backing from the Public Investment Fund of Saudi Arabia, said it has...
Walmart on Thursday reported soaring e-commerce growth during its fiscal first quarter, along with strong organic sales figures. Online sales grew a stunning 63 percent during the quarter, perhaps in response to the company's newly introduced free two-day shipping and its upgraded mobile app. "We're...
Most everyone knows about or at least has heard of bitcoin. However, not everyone understands the technology of bitcoin, which extends well beyond Internet-based currency. For the rock people, bitcoin is an Internet-based currency that allows for transparency with respect to each transfer of the cur...
The WannaCry ransom attack that quickly circled the globe last week is not yet fully contained. So far, it has impacted more than 300,000 computers in 150 countries. However, one of the remarkable things about it is that only a trifling $100,000 in ransom, give or take, apparently has been paid. Hac...
Competition in telecom price and service packages has been getting a lot of attention lately. However, network providers also have been pursuing other opportunities that consumers might miss if they're exposed only to traditional advertising. AT&T's cooperation with the U.S. government in develo...
Microsoft this weekend unleashed its wrath on the National Security Agency, alleging it was responsible for the ransomware attack that began last week and has spread to thousands of corporate, government and individual computer systems around the world. Microsoft Chief Legal Officer Brad Smith launc...
Charter Spectrum has announced it will resell Comcast's Xfinity Mobile wireless service to customers inside its region. The good news is that this deal lets Charter get quick access to wireless without competing with Comcast. Comcast and Charter Communications last week said they had reached an "ope...
Authorities are investigating a massive ransomware attack that reportedly hit more than 45,000 computers in 74 countries worldwide, including the UK's NHS England national health service, international delivery service FedEx, and Spanish telecom firm Telefonica. Security experts have linked the expl...
Consumers use lots of data on their mobile devices. While half of consumers use less than 7 GB per month, data consumption is heavily skewed toward the upper end, recent Parks Associates research indicates. Among U.S. broadband households, mean data consumption is roughly 20 GB per month, with 14 GB...
Comedian John Oliver, incensed over proposed changes to unravel Net neutrality protections for consumers, unleashed a torrent of criticism against the Federal Communications Commission and urged viewers to register their protest online. The response led to a digital meltdown on the agency's site Sun...
If you've ever spent time in a desert, it may seem inconceivable to you that creatures actually can live there. The fact that animals not only survive, but also thrive in those conditions seems counterintuitive. In fact, a number of animals do so -- in many cases, they are aided by an array of speci...
Qualcomm plans to ask the U.S. International Trade Commission to block imports of iPhones, according to a report. The move apparently was spurred by Apple's recent decision to stop making royalty payments owed under a licensing agreement between the two companies, which is the subject of a billion-d...
In the world of the cloud, showcasing the partner ecosystem in an online marketplace has become an imperative. Salesforce has been in the vanguard of this trend. Since its inception in 2005, the AppExchange has grown to include more than 3,000 partner solutions that augment Salesforce's growing port...
The electronics industry over the past several years has made tremendous strides in creating artificial intelligence in a manner imagined by Allen Turing in the 1940s. The convergence of algorithmic advances in multilayer neural networks, the evolution of PC GPUs as massively parallel processing acc...
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