MENLO PARK, Calif.: Facebook Inc on Tuesday debuted an overhaul of its core social network and new business-focused tools, the first concrete steps in its plan to refashion itself into a private messaging and e-commerce company.Chief Executive Mark Zuckerberg unveiled a fresh design for the world's biggest social network that de-emphasized its News Feed and showcased services like its messaging app, online marketplace and video-on-demand site.The company also rolled out features aimed both at encouraging users to interact with their close social circle as well as with businesses, including appointment booking and a "Secret Crush" option for Facebook Dating.Zuckerberg in March promised changes to the advertising-driven social media company as it was under regulatory scrutiny over propaganda on its platform and users' data privacy. Facebook's News Feed continues to draw ad dollars but user growth in its most lucrative markets has slowed."We believe that there is a community for everyone. … [Read more...] about Facebook overhauls messaging as it pivots to privacy
SAN FRANCISCO: Google parent Alphabet on Monday reported that profit in the first three months of this year sagged under the weight of a hefty antitrust fine in the European Union. Alphabet said that profit in the first-quarter fell 29% to US$6.7 billion (RM28 billion) on revenue that climbed 17% to US$36.3 billion (RM105 billion). The earnings took a hit from a European Commission fine that amounted to US$1.7 billion (RM7 billion) at the end of March, according to the quarterly update. Google shares were down 7.2% to US$1,202.39 (RM5,000) in after-market trades that followed release of the earnings report. Though profits excluding the one-time costs were better than expected, revenue growth was below forecasts for the technology colossus which is the dominant internet search company and operator of the ubiquitous Android mobile operating system. Chief financial officer Ruth Porat said in the release the results showed “robust growth” led by mobile search, ad revenues from … [Read more...] about EU fine on Google weighs on parent Alphabet profits
When did leggings make the leap from garment to cultural lightning rod? For what are essentially stretchy footless tights in a seemingly endless array of patterns and colours, they have been an unexpected source of controversy.Recently in Indiana, the US, Maryann White, the mother of four sons, wrote a letter to The Observer, the school newspaper for both the University of Notre Dame and the nearby women’s college St. Mary’s, asking female students to ignore fashion and stop wearing leggings. It was for their own as well as the greater good, she suggested, in part because leggings made it hard for men to control themselves.The you-wear-it/you’re-asking-for-it implication of the letter, not to mention the sheer idea of censoring clothing, set off the predictable firestorm of protest, both on campus and off. For two days students wore leggings in a show of group defiance, there was a #leggingsdayND hashtag on Twitter, and assorted men and women posted pictures of … [Read more...] about Leggings in a post-#MeToo world: Are they symbols of seduction or freedom?
SAN FRANCISCO -- Google parent Alphabet on Monday reported that profit in the first 3 months of this year sagged under the weight of a hefty antitrust fine in the European Union. Alphabet said that profit in the first-quarter fell 29 percent to $6.7 billion on revenue that climbed 17 percent to $36.3 billion. The earnings took a hit from a European Commission fine that amounted to $1.7 billion at the end of March, according to the quarterly update. Google shares were down 6.1 percent to $1,208.50 in after-market trades that followed release of the earnings report. Although profits excluding the one-time costs were better than expected, revenue growth was below forecasts for the technology colossus which is the dominant internet search company and operator of the ubiquitous Android mobile operating system. Chief financial officer Ruth Porat said in the release the results showed "robust growth" led by mobile search, ad revenues from YouTube videos and cloud computing. "We remain focused … [Read more...] about News EU fine on Google weighs on parent Alphabet profits