Home Technology

Category: <span>Technology</span>

Post
TikTok owner ByteDance sees its earnings double in 2020

TikTok owner ByteDance sees its earnings double in 2020

ByteDance, the Chinese company behind the smash-hit video app TikTok, saw its earnings double last year. An internal memo released to staff showed that the firm’s total revenue jumped by 111% to $34.3bn (£24.7bn) for 2020. The figures underscore TikTok’s continued global popularity. It comes as ByteDance and several other Chinese technology giants have come...

Post
Alphabet’s self-driving car company Waymo announces $2.5 billion investment round

Alphabet’s self-driving car company Waymo announces $2.5 billion investment round

Google sibling company Waymo announced Wednesday a $2.5 billion investment round, which will go toward advancing its autonomous driving technology and growing its team. The funding round follows the departure of Waymo CEO John Krafcik in April and criticism that the company is moving slower than expected toward commercialization of its technology. Waymo and other...

Post
Alphabet, the parent company of Google, becomes the third most valuable US company

Alphabet, the parent company of Google, becomes the third most valuable US company

Alphabet, the parent company of search giant Google, has surpassed retail giant Amazon on a market-capitalisation basis. Last Friday, Amazon closed at $US1.616 trillion ($A2.084 trillion) at the bell, Google’s market capitalisation was $US1.622 trillion ($A2.092 trillion). This makes Alphabet the third-most valuable company in the US market after Apple and Microsoft. While Amazon is...

Post
SpaceX’s Starlink is in talks with ‘several’ airlines for in-flight Wi-Fi

SpaceX’s Starlink is in talks with ‘several’ airlines for in-flight Wi-Fi

GameStop (NYSE:GME) share price slides despite 25% sales jump Why the Andromeda Metals (ASX:ADN) share price is surging 20% today The team behind SpaceX’s growing satellite internet network Starlink is in talks with “several” airlines to beam internet to their airplanes, the project’s vice president said during a conference panel on Wednesday. Expanding Starlink from...

Post
Atari VCS console set to arrive later this month

Atari VCS console set to arrive later this month

Atari is rejoining the retro console field on June 15, 2021 with the release of the Atari VCS. The console, which was initially announced in 2017, has had a long journey to release, but it appears it is now ready to get into the hands of new customers. Atari announced that the console would be...

Post
Nasa announces two new Venus missions

Nasa announces two new Venus missions

Nasa has announced that it is sending two new missions to Venus in order to examine the planet’s atmosphere and geological features. The missions, which have each been awarded $500m (£352m) in funding, are due to launch between 2028 and 2030. Nasa administrator Bill Nelson said the missions would offer the “chance to investigate a...

Post
Russian hackers launch major cyberattack through U.S. aid agency’s email system, Microsoft says

Russian hackers launch major cyberattack through U.S. aid agency’s email system, Microsoft says

The Russian hackers thought to be behind the catastrophic SolarWinds attack last year have launched another major cyberattack, Microsoft warned three weeks before President Joe Biden is to meet with Russian President Vladimir Putin. Microsoft said in a blog post Thursday that the hacking group, known as Nobelium, had targeted over 150 organizations worldwide in...

Post
Apple and Epic Games spar in closing arguments over Fortnite

Apple and Epic Games spar in closing arguments over Fortnite

A weeks-long blockbuster antitrust trial between Apple and Epic Games culminated on Monday with the maker of the hit video game Fortnite calling Apple an “overlord” and the iPhone maker suggesting Epic is paving the way for a “scary” future for iOS customers. After spending days presenting reams of dueling economic analysis and documentary evidence,...