Internet

Spain’s second biggest beer maker Damm halted output at its main brewery outside Barcelona after a cyberattack hit its computer systems earlier this week, a spokesperson said on Friday. The attack hit the brewery on Tuesday night and for a few hours the plant in El Prat de Llobregat, which produces 7 million hectolitres of

Chinese shoppers spent $139.1 billion during this year’s annual Singles’ Day shopping extravaganza, breaking last year’s record even though spending slowed during the coronavirus pandemic. Alibaba tallied CNY 540.3 billion ($84.5 billion) in spending over the festival that spanned November 1 to November 11, the company said Thursday, a growth of 14 percent compared to a nearly 93

Tesla Chief Executive Officer Elon Musk disclosed a sale of additional 639,737 shares of the electric-car maker, regulatory filings showed on Friday, after offloading about $5 billion (roughly Rs. 37,211 crore) worth of stock following a poll of his followers on Twitter. Musk sold 587,638 shares held by his trust on November 11 in multiple

India’s Paytm has priced its shares at Rs. 2,150 each, the top of its price range, in its Rs. 18,300 crore initial public offering (IPO), a prospectus showed on Friday. Paytm, a payments company that markets an all-in-one app, had flagged a price range of Rs. 2,080-2,150 per share for the deal. The IPO is

Satya Siba Nayak, 15, uses a debit card to pay for YouTube Premium and Netflix, to download apps from Google Play, and to pay for things when he’s out with friends. Signing up for an app called FamPay enabled Nayak to have his own card for making offline and online payments. “My dad doesn’t live

Bumble posted its first sequential decline in user growth since the dating app owner went public in February, as fresh pandemic restrictions crimped demand in some markets, sending its shares down over 9 percent in extended trading. In the third quarter, total paying users fell 2 percent from the prior quarter to 2.9 million as

New Zealand film director Peter Jackson on Wednesday announced the sale of his Oscar-winning Weta Digital special effects business to a US software firm intent on using it to develop the virtual-reality “metaverse”. San Francisco-based Unity Software said the $1.6 billion (roughly Rs. 11,896 crore) acquisition would “shape the future of the metaverse”, an immersive

Meta said on Tuesday it plans to remove detailed ad-targeting options that refer to “sensitive” topics, such as ads based on interactions with content around race, health, religious practices, political beliefs or sexual orientation. The company, which recently changed its name to Meta and which makes the vast majority of its revenue through digital advertising,

Twitter added a warning label on Tuesday to an anime video shared by US Republican lawmaker Paul Gosar, depicting him swinging swords at President Joe Biden and killing Democratic congresswoman Alexandria Ocasio-Cortez. Twitter said the video violated its “hateful conduct” policy and restricted engagement with the tweet, blocking the ability to like, reply or retweet

Robinhood on Monday warned users that a hacker talked their way past the stock-trading app’s defenses, stealing millions of user email addresses and more. The culprit called customer support and, pretending to be an authorized party, duped a Robinhood employee into providing access to the customer support computer system, a hacker technique referred to as

Google Drive is getting a new feature that will help users modify their search and locate files faster on the platform. Dubbed as Search Chips, the latest feature works similar to the Gmail search filters launched in September this year and allows users to quickly and easily filter search results on Google Drive. When searching

Dr. Kamal Ranadive, known for her research in cancer, has her birth anniversary on November 8, and Google is celebrating Indian cell biologist with a doodle on the occasion. Ranadive was a founder member of the Indian Women Scientists’ Association, and is noted for her devotion to creating a more equitable society through science and

Amazon.com is seeking approval from US communications regulators to deploy more than 4,500 additional satellites as part of the company’s effort to deliver broadband Internet to areas around the world that lack high-speed service. Amazon had said previously it planned to spend at least $10 billion (roughly Rs. 74,200 crores) to build 3,236 such satellites

US knowledge-sharing website Quora has kicked off preparations for an initial public offering (IPO) in early 2022, according to people familiar with the matter. Quora has in recent days held talks to hire investment bankers and lawyers for a stock market debut in New York, the sources said. The Mountain View, California-based company was valued

Cybersecurity firm McAfee is nearing a deal to sell itself to US private equity firm Advent International for more than $10 billion (roughly Rs. 74,200 crores), the Wall Street Journal reported on Friday, citing people familiar with the matter. The deal could be announced on Monday, although the talks could still fall apart, the report

SolarWinds investors have sued the software company’s directors, alleging they knew about and failed to monitor cybersecurity risks to the company ahead of a breach that created a vulnerability in thousands of its customers’ systems. The lawsuit filed in Delaware on Thursday appears to be the first based on records shareholders demanded from the company

Pinterest forecast fourth-quarter revenue growth in the high-teens percentage range, after online retailers splurging on ads before the holiday season helped the image-sharing company beat quarterly estimates. Shares of the company rose 6.5 percent after the bell on Thursday, as increased demand from large retail advertisers and growth in its international business boosted third-quarter revenue

Facebook is testing ways for creators to make money through Facebook Groups, such as users paying fees for exclusive access to content or conversations within subgroups, the company said on Thursday. Facebook, which recently changed its name to Meta, said the test was part of its broader paid subscription effort. The social media company is