TikTok owner ByteDance in talks to buy mobile games publisher CMGE
China’s ByteDance is in talks to buy into mobile games publisher CMGE Technology Group as the owner of short video app TikTok moves to...
Cryptocurrency exchange CoinDCX raises $13.9 mn led by Block.one
CoinDCX, a leading cryptocurrency exchange in India, has raised $13.9 million led by Block.one.The series B round included investment from DG, Jump Capital, Uncorrelated...
Google to shut down Android Things OS
Google announced that it will shut down Android Things, an Android-based operating system for Internet of Things (IoT) devices, early next year.The Android Things...
Gucci to open stores on Alibaba’s online luxury shopping platform
Fashion label Gucci will open two stores on Alibaba’s online luxury shopping platform, targeting China, Reuters reported.
Gucci, the profit engine of French group Kering,...
Facebook feels Apple’s privacy changes will hurt its ad biz
The Facebook-Apple war has intensified on Thursday when the social networking giant issued full-page newspaper ads once again, claiming that Apple’s iOS 14 privacy...
Bitcoin touches $20,000 for the first time on Wednesday
Bitcoin smashed through $20,000 for the first time on Wednesday, its highest ever, amid increased institutional and corporate interest.The cryptocurrency hit an all-time peak...
Twitter to shut down live-streaming app Periscope
Twitter said it would shut down live-streaming app Periscope, which it bought in 2015, due to declining usage over the past couple of years...
Technology firms form alliance to protect their content business
Several technology companies including Snap, Pinterest, Dropbox and eBay announced a coalition that would advocate the benefits of Section 230, a decades-old law protecting...
Apple, Facebook, Google face 6-10% fine under new EU rules
Amazon, Apple, Facebook and Alphabet unit Google may have to change their business practices in Europe or face hefty fines between 6-10 percent of...
GDPR: Ireland imposes $547,000 fine on Twitter
Ireland’s Data Protection Commission (DPC) has imposed a fine of 450,000 euros (around $547,000) on Twitter for failure to promptly notify and properly document...