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Posts Tagged ‘world-wide web’

Mark Zuckerberg is ‘proud’ of how Facebook handled its scandals this year

After the year Mark Zuckerberg’s had, you’d think he’d struggle to appear so chipper. “I’m proud of the progress we’ve made,” he said in an end-of-year note posted on his Facebook page for everyone to see. Acknowledging that the social network played its part in the spread of hate speech, election interference and misinformation, Zuckerberg’s ...

Facebook is not equipped to stop the spread of authoritarianism

After the driver of a speeding bus ran over and killed two college students in Dhaka in July, student protesters took to the streets. They forced the ordinarily disorganized local traffic to drive in strict lanes and stopped vehicles to inspect license and registration papers. They even halted the vehicle of the Chief of Bangladesh ...

Netflix rival Iflix offloads its Africa business to focus on Asia

Iflix, the emerging market Netflix competitor that’s backed by Sky, is leaving Africa to double down on its business in Asia. The Malaysia-based company announced today it has sold the remaining shares in its Africa business — Kwesé Iflix — to Econet Group, the telecom firm that is already an investor in the business. The deal size ...

At Blind, a security lapse revealed private complaints from Silicon Valley employees

Thousands of people trusted Blind, an app-based “anonymous social network,” as a safe way to reveal malfeasance, wrongdoing and improper conduct at their companies. But Blind left one of its database servers exposed without a password for more than a month, making it possible for anyone who knew where to look to access each user’s ...

Food delivery startup Swiggy raises $1 billion more from Naspers, Tencent and others

Naspers, the South African investment giant, is back at it again in India! Days after backing educational startup Byju’s by leading a $540 million investment, it has led a $1 billion investment in food delivery company Swiggy. The new round sees Chinese internet and Naspers ally Tencent join the party, alongside fellow new investors Hillhouse Capital ...

Byju’s targets global expansion for its digital education service after raising $540M

India-based educational startup Byju’s was widely reported to have raised a massive $400 million round and now the company is making things official. The ten-year-old company revealed today it has pulled in a total of $540 million from investors to go after international opportunities. The round is led by Naspers, the investment firm famous for ...

The annual PornHub year in review tells us what we’re really looking at online

PornHub, a popular site that features people in various stages of undress, saw 33.5 billion visits in 2018. There are currently 7.53 billion people on Earth. Y’all have been busy. The company, which owns most of the major **** sites online, produces a yearly report that aggregates user behavior on the site. Of particular interest, ...

Twitter says governments are ramping up their demands for user data

Twitter says the number of government demands for data on its users has shot up in the past year. In its latest transparency report out Thursday, the social media giant said it received 10 percent more requests between January and June than on its previous reporting period — the largest percentage increase in three years. ...

Google has acquired one of India’s most popular train tracking apps

Google is increasing its efforts in India after it snapped up the team behind popular transportation app ‘Where is my Train.’ The app claims 10 million registered users and, as the name suggests, it helps commuters track arrivals and departures as well as buying seats. That’s no small job given that India is estimated to operate ...

Ex-Facebook exec Kirthiga Reddy becomes first female investor at SoftBank’s Vision Fund

Following speculation that SoftBank is hiring a China-based team, so the Japanese investment giant has brought on a first venture partner (and first female) for its $100 billion Vision Fund. Kirthiga Reddy, a former executive with Facebook, has taken the role and, in doing so, she becomes the first female member of SoftBank’s Vision Fund ...