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Author Archives: Bloomberg

Facebook, Twitter, Google Executives to Testify Before Senate

Posted on August 1, 2018 by Bloomberg

Senior executives from Facebook Inc., Alphabet Inc.’s Google and Twitter Inc. will testify before the Senate Intelligence Committee on Sept. 5 to discuss their efforts to prevent Russian meddling in November elections. Continue reading Facebook, Twitter, Google Executives to Testify Before Senate→

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Apple Looks to Services to Move Beyond iPhone Price Ceiling

Posted on August 1, 2018 by Bloomberg

CEO Tim Cook told analysts that Apple is on track to meet a goal of doubling fiscal 2016 services revenue by 2020. “We feel great about hitting our objectives and maybe even doing a little better,” he added. Continue reading Apple Looks to Services to Move Beyond iPhone Price Ceiling→

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Blockchain, Once Seen as a Corporate Cure-All, Suffers Slowdown

Posted on August 1, 2018 by Bloomberg

Corporate America’s love affair with all things blockchain may be cooling. A number of software projects based on the distributed ledger technology will be wound down this year. Continue reading Blockchain, Once Seen as a Corporate Cure-All, Suffers Slowdown→

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China, Russia, Iran Top Cyber Threats, U.S. Intelligence Finds

Posted on July 30, 2018 by Bloomberg

China, Russia and Iran pose the biggest threats of computer attacks to spy on U.S. companies and steal their trade secrets, according to a report from the Office of the Director of National Intelligence. The three countries have conducted sophisticated… Continue reading China, Russia, Iran Top Cyber Threats, U.S. Intelligence Finds→

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Facebook, Twitter Say Europe's Privacy Law Causing User Drop

Posted on July 28, 2018 by Bloomberg

Amid a plummeting share price, Facebook Inc. wants panicked investors to believe Europe’s strict General Data Protection Regulation is to blame for fewer people using the social network in the region. EU lawmakers disagree. Continue reading Facebook, Twitter Say Europe's Privacy Law Causing User Drop→

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Amazon’s New Businesses Push Profit to a Record

Posted on July 27, 2018 by Bloomberg

Revenue from Amazon Web Services, its profitable cloud-computing division, jumped 49 percent to $6.1 billion. Continue reading Amazon’s New Businesses Push Profit to a Record→

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Pentagon’s Winner-Take-All Move on Cloud Contract Expected to Favor Amazon

Posted on July 26, 2018 by Bloomberg

The U.S. Defense Department issued a final request for proposals for a cloud services contract valued at as much as $10 billion. Continue reading Pentagon’s Winner-Take-All Move on Cloud Contract Expected to Favor Amazon→

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Police Are Seeking More Digital Evidence From Tech Companies

Posted on July 25, 2018 by Bloomberg

U.S. law enforcement agencies are increasingly asking technology companies for access to digital evidence on mobile phones and apps, with about 80 percent of the requests granted, a new study found. Continue reading Police Are Seeking More Digital Evidence From Tech Companies→

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Inside Google's Shadow Workforce of Contract Laborers

Posted on July 25, 2018 by Bloomberg

Tech companies hire contractors to keep the official headcount low — a move that pleases investors and frees up millions of dollars to retain superstars in fields like artificial intelligence. But what does that mean for everyday IT workers? Continue reading Inside Google's Shadow Workforce of Contract Laborers→

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Big Tech is Throwing Money and Talent at Robots for the Home

Posted on July 24, 2018 by Bloomberg

Behind the scenes, big tech companies are funding secret projects to develop robots. Continue reading Big Tech is Throwing Money and Talent at Robots for the Home→

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