Two of Facebook’s four fact-checking partners in the U.S. are no longer working for the program: Snopes, which recently rebuffed reports that its relationship with Facebook was strained, and the Associated Press. Both confirmed they are no longer performing fact checking for Facebook, but left open the possibility of future collaboration. Snopes joined Facebook’s group…
A number of Twitter users have been complaining that tweets that were retweeted by people they don’t follow are now showing in their timeline. The issue, thankfully, is not related to a new Twitter algorithm or recommendation system, as some had feared. Instead, the company confirmed that a bug affecting Android users was mislabeling the…
Amazon had a record-breaking holiday quarter, with revenue of $72.4 billion and profits of $3 billion, but it’s not making much money off its top-selling item, the Alexa-powered Echo Dot. While the e-commerce giant said the device was its 2018 holidays best seller across all products, it also reminded investors on yesterday’s earnings call that…
Asia’s venture capital-backed startups are gunning for Starbucks . In China, the U.S. coffee giant is being pushed by Luckin Coffee, a $2.2 billion challenger surfing China’s on-demand wave, and on the real estate side, where WeWork China has just unveiled an on-demand product that could tempt people who go to Starbucks to kill time or…
Go-Jek, the Indonesia-based ride-hailing company that is challenging Grab in Southeast Asia, has announced the first close of its Series F round, as TechCrunch reported last week. The company isn’t revealing numbers. Sources told us last week that it has closed around $920 million, but we understand that today that the round is at over $1…
More posts by this contributor Amazon isn’t to blame for the Postal Service’s woes, but it will need to innovate to survive Dear United: Autonomous cars will pull you out of your seat As of September 2018, the top 10 tech companies in the U.S. had spent a total of $4.7 billion on healthcare acquisitions…
Google today announced that Cloud Firestore, its serverless NoSQL document database for mobile, web and IoT apps, is now generally available. In addition, Google is also introducing a few new features and bringing the service to ten new regions. With this launch, Google is giving developers the option to run their databases in a single…
Nintendo has cut its ambitious annual Switch sales forecast despite enjoying a strong Christmas Q3 quarter. The Japanese games giant recorded a 104.21 billion JPY ($958 million) net profit on revenue of 608.39 billion JPY ($5.59 billion) between October and December 2018. Revenue was up 26 percent year-on-year, which is an impressive feature given that quarter was…
On Wednesday New York Attorney General Letitia James announced that her office had reached a settlement with Devumi, a company that made millions selling fake followers to unsuspecting customers. The state of New York found that Devumi had engaged in illegal deception and illegal impersonation in the course of fluffing up social media profiles with its…
Tesla is building a pickup truck. We’ve known that for a few years now. But when? In an earnings call this afternoon, Elon Musk said that he’s hoping to unveil the truck this summer. “It will be… unique,” he added. Note, of course, that “unveil” doesn’t mean “ship”. That presumably won’t happen for a while.…
