Roblox tumbles as 2021 results show growth slowing after pandemic

ROBLOX CORP. reported bookings that missed analysts’ estimates in the fourth quarter, reflecting a retreat from the pandemic-inspired boost over the last two years as Chief Executive Officer David Baszucki urged investors to “take the long view” on the game platform company. The shares tumbled 14% in extended trading.

Twitter unveils digital hub to combat online exploitation of children

#NotForSale: A Safer Twitter, a digital resource hub developed by the social media company and humanitarian organization Plan International Philippines, aims to curb the Online Sexual Abuse and Exploitation of Children (OSAEC).

Sony’s new AI beats humans in Gran Turismo racing game

Sony said on Wednesday it has created an artificial intelligence (AI) agent called Gran Turismo Sophy (GT Sophy) that was able to beat the...

Samsung announces new phones, tablets

SAMSUNG Electronics Co. Ltd. on Wednesday announced its new flagship Galaxy S smartphones and updates to its tablet.

Dynamic AI gaining interest from country’s utility, real estate firms

AUTOMATION platform Yellow.ai said Dynamic AI (artificial intelligence) is gaining traction in the utility, e-learning and real estate sectors in the Philippines.

Apple to launch Tap to Pay feature in challenge to Square

APPLE, INC. confirmed plans to release its much-anticipated Tap to Pay feature on the iPhone later this year, giving merchants an alternative to Block, Inc.’s Square technology.

Meta, Chime file lawsuit against alleged phishing scam on Facebook, Instagram

By Elizabeth Culliford
Facebook parent Meta Platforms said on Tuesday it had filed a joint lawsuit with digital banking company Chime against two Nigeria-based individuals who engaged...

Demand spikes for cybersecurity professionals as industries battle ransomware

Implementing new technology solutions and training personnel are the top cybersecurity priorities of enterprises worldwide, according to a 2021 survey released Feb. 4 by Claroty, an industrial cybersecurity firm. 

Early Facebook investor Peter Thiel to step down from Meta board

By Eva Mathews and Dawn Chmielewski
Facebook-parent Meta Platforms Inc said on Monday that billionaire investor Peter Thiel, an early investor who has been on the company's board since 2005,...

All in a day: Zuckerberg loses $29B, Bezos set to pocket $20B

Mark Zuckerberg lost $29 billion in net worth on Thursday as Meta Platforms Inc.’s stock marked a record one-day plunge, while fellow billionaire Jeff...

Facebook usage dips for first time. Will Instagram follow?

TikTok, the pandemic and mobile data costs in India all helped draw people away from Facebook at an unprecedented rate last quarter. The big...

Meta shares sink 20% as Facebook loses daily users for the first time

FACEBOOK owner Meta Platforms Inc.’s shares plunged more than 20% late on Wednesday after the social media company posted a weaker-than-expected forecast, blaming Apple’s...