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China’s TikTok still under suspicion & U.S. FCC Commissioner Calls for Expulsion

June 30, 2022 By AdvanceTec Writer

The TikTok threat theory, which had been quiet for a while, has risen again in the United States after the US Federal Communications Commission (FCC) argued that the Chinese ByteDance video platform TikTok should be shut down. According to the New York Times on the 29th (local time), FCC member Brendan Carr, a Republican member […]

Filed Under: Big Tech, Tech Today Tagged With: App Store, ByteDance, China, chinese, Donald Trump, Donald Trump administration, facebook, FCC member Brendan Carr, google, instagram, Republican member of the FCC, Reuters, Silicon Valley, TikTok, U.S. FCC Commissioner, YOUTUBE

Netflix plunged 71%, Facebook 52%… New York stock market, worst ‘first half’ in 52 years

June 30, 2022 By AdvanceTec Writer

On the 30th (local time) on the New York Stock Exchange, Tesla stock fell 1.76% to $673. Large tech stocks also fell all at once, including Apple’s decline of 1.8%, Microsoft’s 1.35%, Amazon’s 2.49%, and Google’s 2.57%. Semiconductor stocks also fell 2.46% for Nvidia, 1.07% for Philadelphia Semiconductor and 1.32% for Micron. The Dow Industrial […]

Filed Under: Big Tech, Tech Today Tagged With: Apple, CNBC, disney, Dow Industrial Average, facebook, google, JP Morgan, meta, Netflix, Northern Western's Mutual Wealth Management, Nvidia, nytimes, Philadelphia Semiconductor, Steve Sosnick, U.S. Department of Commerce, Wealth Management

‘Facebook’ parent company Meta launches ‘Meta Pay’ digital wallet

June 27, 2022 By AdvanceTec Writer

Meta, the parent company of social media ‘Facebook’ and ‘Instagram’, has launched ‘Meta Pay’, a digital wallet for Metaverse. The news of the launch of Meta’s ‘MetaPay’ was made public on June 22, through CEO Mark Zukerberg’s personal Facebook account. His explanation was that Facebook had changed the ‘Facebook Pay’, which was an independent payment […]

Filed Under: Big Tech, Tech Today Tagged With: digital wallet, facebook, Financial Times, instagram, Mark Zuckerberg, meta, MetaPay, Metaquest, social media, trademark application, WhatsApp

TikTok’s Strong Growth Ignites Competition With Youtube & Facebook

June 27, 2022 By AdvanceTec Writer

The growth of TikTok, a Chinese social networking service (SNS) company, is tremendous. It is predicted that advertising revenue will triple this year. A short 15-second video is captivating the world. Users are truly addicted to TikTok. The social media advertising market is dominated by American companies such as YouTube, Facebook, Twitter, and Snapchat. However, […]

Filed Under: Tech Today Tagged With: eMarketer, facebook, instagram, loyalty, meta, social media advertising, TikTok, TikTok creators, TikTok users, twitter, video platform, WhatsApp, YOUTUBE

U.S. Department of Justice Tells Facebook To Change Its Advertising Algorithm

June 23, 2022 By AdvanceTec Writer

Meta is in a position to revise its Facebook advertising algorithm system within this year. Regarding the meta, allegations have been raised that the algorithm restricts the housing advertisements that users can see based on race, gender, and zip code. The U.S. Justice Department found the charges and fined Meta $115,054. The New York Times […]

Filed Under: Big Tech, Tech Today Tagged With: facebook, Fair Housing Act, New York Times, non-profit media, The U.S. Justice Department

Meta CEO “NFT tests on Instagram and Facebook are planned”

June 22, 2022 By AdvanceTec Writer

Meta CEO Mark Zuckerberg said, “We will expand testing to allow more creators around the world to display NFTs on Instagram.” On the 22nd (local time), Mark Zuckerberg announced on Facebook that “NFT will also be tested on Instagram Stories and SparkAR.” He explained, “Facebook will soon provide the NFT mark feature (starting with small […]

Filed Under: Big Tech, Tech Today Tagged With: ceo, facebook, instagram, Mark Zuckerberg, NFT

Facebook Messenger scam tricks 10 million users

June 16, 2022 By AdvanceTec Writer

Facebook Messenger scam tricks 10 million users

Summary: Fake phishing messages have been circulating over the past few months through Facebook Messenger, tricking 10 million users, the security news site Threatpost reports. It is said that the purpose of this phishing campaign is to steal users’ credentials, and it is said that they are still active. There seems to be only one […]

Filed Under: FEATURED, Tech Today Tagged With: facebook, online security, phishing, scam

Facebook failed again to filter out racist ads

June 14, 2022 By AdvanceTec Writer

The Associated Press reported on the 9th (local time) that Facebook failed a test to filter out racist ads. Global Witness, a non-profit organization, said that Facebook and its parent company, Meta, had failed to properly filter out an ad that was submitted to Facebook by creating a hypothetical advertisement related to the genocide in […]

Filed Under: Tech Today Tagged With: facebook, Facebook ads, racist, Rohingya minority in Myanmar

12 Biggest Tech Acquisitions of All Time

July 13, 2020 By Sooraj Ram

Mergers and Acquisitions play a key role in a company’s growth. Especially in the case of a Technology company, it is the business collaborations that help them gain an edge over their competitors. In addition to that, some acquisitions would make a company buy out their competitors. If you have been involved in the tech […]

Filed Under: Big Tech, FEATURED Tagged With: Amazon, facebook, google, IBM, Microsoft, smartphone

These Are The 10 Largest Tech Companies In The World

July 7, 2020 By Sooraj Ram

It is that time of the year, we assess the largest technology companies. Recently, Forbes released the list of top publicly-listed technology companies. Typically, their ranking is based on four important metrics viz, assets, market value, sales, and profits. However, if you see things from a different perspective, only the companies that prudently utilize technology […]

Filed Under: Big Tech, FEATURED Tagged With: Apple, artificial intelligence, facebook, google, IBM, intel, samsung, Tencent Holdings

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