Facebook-owner Meta Platforms, Google-owner Alphabet and other companies that sell online ads lost about $80 billion (roughly Rs. 6,39,324 crore) in combined stock market value on Thursday after Snap posted poor quarterly results and warned of an uncertain outlook. Slammed by a weakening economy, increased competition from TikTok and recent privacy changes on iPhones, the
Social
Snapchat’s owner plans to “substantially” slow recruitment after bleak results Thursday wiped 25 percent off the stock price of the tech firm, which is facing difficulties on several fronts. Snap reported that its loss in the recently ended quarter nearly tripled to $422 million (roughly Rs. 3,371 crore) despite revenue increasing 13 percent under conditions
Instagram has announced new features that it says will offer content creators “new ways to collaborate and create”. As per these new features, new video posts that have a duration shorter than 15 minutes will be shared as reels. Additionally, the photo and video-sharing app will get more tools for Remix, Templates for Reels, which
Twitter reported disappointing second-quarter sales on Friday, another blow to a company that is already fighting a high-profile legal battle with Elon Musk over the fate of the social network. Revenue fell 1 percent in the quarter from a year earlier, its first annual decline since the middle of the pandemic in 2020. Sales totaled
Google is reportedly working on a sleep timer feature for the YouTube Music app on Android. The sleep timer was already available on Google Play Music. However, users were supposed to go to the main setting list to enable this feature. Hopefully, this won’t be the case when it comes to YouTube Music. The report
Zoom will soon expand its end-to-end encryption (E2EE) feature to Zoom Phone and the Breakout Rooms. The company said that this will help users to achieve seamless and secure communication over the video conferencing platform. With the expansion, users will soon have the option to upgrade to E2EE feature during Zoom Phone calls. This will
WhatsApp users on Android may soon get the option to hide their online status, as per a recent report. The feature is reportedly under development and not yet ready to be released to beta testers. The option to hide the online status was said to be in testing for iOS users about a month ago.
The Competition Commission of India (CCI) Thursday told the Delhi High Court that it was not able “move an inch” in its investigation into WhatsApp’s privacy policy of 2021 on account of a court order granting time to Facebook and the instant messaging platform for filing replies in connection with the probe. The CCI told
Facebook parent Meta Platforms said on Thursday it was revamping the main feed on its Facebook app to prioritise “discovery” of new content, instead of posts from accounts users follow, in a bid to style its apps after short-form video competitor TikTok. Meta executives have voiced increased urgency in recent months around boosting Meta’s Reels,
WhatsApp has been spotted working on an “avatar” section that will allow users to create virtual representations of themselves, and share them as stickers in chats. According to a feature tracker, the latest beta version of WhatsApp for Android contains code to allow creation of avatars, just like the Facebook and Messenger apps. The company
Amazon has started implementing the revamped user interface for the Prime Video app with the primary objective of making content discovery simpler for its consumers. According to an official statement by the company, Prime Video app will now host a simplified, more user-friendly main navigation menu for an easy access to movies, TV shows, sports,
Koo on Wednesday said it has signed a Memorandum of Understanding (MoU) with the Telangana government to open a development centre in the state. The multi-lingual social media platform envisions its presence in the region to grow in a significant manner as Hyderabad is an IT hub, boasting access to a robust technology ecosystem and
Tesla CEO Elon Musk lost his fight to delay Twitter’s lawsuit against him as a Delaware judge on Tuesday set an October trial, citing the “cloud of uncertainty” over the social media company after the billionaire backed out of a deal to buy it. “Delay threatens irreparable harm,” said Chancellor Kathaleen St. Jude McCormick, the
Twitter showdown with Elon Musk over his $44 billion (roughly Rs. 3,51,500 crore) takeover faces its first test on Tuesday, when a judge will weigh the company’s bid for a fast-tracked trial which it says it needs to ensure deal financing doesn’t come unravelled. The San Francisco-based company is seeking to resolve months of uncertainty
WhatsApp launched emoji reactions on the platform earlier in May that allowed users to express their feelings toward a message with six different emojis. Now, the messaging service is said to be working on quick reactions for status updates on its Android app. The move would counter the likes of Instagram and Facebook Messenger. The
Twitter on Monday accused Elon Musk of trying to “slow walk” the company’s lawsuit to hold him to his $44 billion (roughly Rs. 3,51,500 crore) takeover and urged a September trial to ensure deal financing remains in place, according to a court filing. “Millions of Twitter shares trade daily under a cloud of Musk-created doubt,”
A Moscow court has fined Google RUB 21 billion (nearly Rs. 2,900 crore) for failing to remove content concerning Russia’s military intervention in Ukraine, the nation’s telecommunications regulator said Monday. Roskomnadzor said the Google-owned video platform YouTube had failed to block “false information” on the offensive in Ukraine, “extremist and terrorist propaganda” and content “calling
Snapchat for Web was announced by the company on Monday, as a web version of the messaging service. Snapchat for Web was announced by the company on Monday, as a web version of the messaging service. This is a breaking news story. Details will be added soon. Please refresh the page for latest version. Refresh Follow Gadgets
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