Month: October 2024

Meta Platforms Inc. CEO Mark Zuckerberg will ramp up heavy investments in AI and other futuristic technologies, continuing a years-long tug-of-war between the company’s long-term bets and the core advertising business that provides the vast majority of Meta’s revenue. Zuckerberg warned investors Wednesday that Meta will continue to spend significantly on infrastructure and other projects
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Microsoft predicted increased spending on artificial intelligence this quarter but slower growth in its cloud business Azure, signaling that big AI investments were not enough to keep pace with capacity constraints at its data centers. Shares of the Redmond, Washington-based company dipped 3.6% in after-market trading, giving up earlier gains. The company beat Wall Street’s
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Oct 31, 2024The Hacker NewsIdentity Security / Browser Security In the modern, browser-centric workplace, the corporate identity acts as the frontline defense for organizations. Often referred to as “the new perimeter”, the identity stands between safe data management and potential breaches. However, a new report reveals how enterprises are often unaware of how their identities
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Smartphone shipments in India grew 3 percent year-on-year (YoY) for the July-September period (Q3) in 2024, reveals a new report by market research firm Counterpoint. The overall value of smartphones grew by 12 percent in the same quarter compared to last year. Samsung continued to lead the smartphone market with a 23 percent market share,
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Oct 30, 2024Ravie LakshmananRansomware / Threat Intelligence Threat actors in North Korea have been implicated in a recent incident that deployed a known ransomware family called Play, underscoring their financial motivations. The activity, observed between May and September 2024, has been attributed to a threat actor tracked as Jumpy Pisces, which is also known as
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As the US presidential elections near, Ripple co-founder Chris Larsen revealed the reason for supporting the US Vice President and Democratic nominee Kamala Harris. Larsen became the largest single donor of the crypto industry this election cycle after his two XRP donations to Harris’ campaign earlier this month. Kamala Harris To Have A ‘Completely Different
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Snap Inc. is planning to introduce a “Simple” Snapchat app next year, the company CEO announced at the quarterly investors call on Tuesday. The company revealed that it added 37 million users daily active users globally in the third quarter (Q3) of 2024, taking the total to 443 million. Meanwhile, the fifth-generation Snapchat Spectacles, which
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