Recent Posts

Meta seeks out secrets from over 100 firms to win antitrust suit

Bloomberg To defend itself against the federal government, Meta Platforms Inc says it needs its rivals to divulge some of their most closely held secrets. Facebook’s parent company has so far subpoenaed 132 companies for documents, including Snap Inc., ByteDance Ltd’s TikTok and the audio startup Clubhouse, and has warned that it may seek information from 100 more. The subpoenas ...

Read More »

Oracle reports sales that meet estimates

  Bloomberg Oracle Corp’s quarterly sales jumped 18%, buoyed by the software maker’s transition to cloud computing and the acquisition of health records provider Cerner. Sales were $11.4 billion in the fiscal first quarter, meeting analysts’ average estimate, according to data compiled by Bloomberg. Profit, excluding some items, was $1.03 a share. Oracle said currency fluctuations reduced the earnings by ...

Read More »

Senators press Twitter over ‘Mudge’ claims

Bloomberg The leaders of the Senate Judiciary Committee sent a detailed list of questions to Twitter Inc, before the committee will hear testimony from whistle-blower Peiter Zatko, who has accused the company of failing to adequately protect data on its users. In a letter addressed to Twitter Chief Executive Officer Parag Agrawal, the senators wrote that Zatko’s allegations, if true, ...

Read More »
Send this to a friend