Munsif Vengattil
Munsif Vengattil
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WhatsApp to delay launch of update business features after privacy backlash

WhatsApp to delay launch of update business features after privacy backlash

By , (Reuters) - Facebook Inc’s WhatsApp is delaying an update aimed at increasing business transactions on the platform after a storm of concern from users who feared that the messaging platform was watering down its privacy policy in the process.WhatsApp users received a notification this month that it was preparing a new privacy policy and terms, and it reserved the right to share some user data with the Facebook app.That sparked global outcries and a rush of new users to competitor private messaging apps including Telegram and Signal.WhatsApp on Friday said it would delay the new policy...

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Katie Paul
Jan 15
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WhatsApp to delay launch of update business features after privacy backlash

WhatsApp to delay launch of update business features after privacy backlash

By , (Reuters) - Facebook Inc’s WhatsApp is delaying an update aimed at increasing business transactions on the platform after a storm of concern from users who feared that the messaging platform was watering down its privacy policy in the process.WhatsApp users received a notification this month that it was preparing a new privacy policy and terms, and it reserved the right to share some user data with the Facebook app.That sparked global outcries and a rush of new users to competitor private messaging apps including Telegram and Signal.WhatsApp on Friday said it would delay the new policy...

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Katie Paul
Jan 15
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Signal sees "unprecedented" growth after WhatsApp controversy

Signal sees "unprecedented" growth after WhatsApp controversy

By , (Reuters) - Messaging app Signal has seen “unprecedented” growth following a controversial change in rival WhatsApp’s privacy terms and is looking to hire more staff as it seeks to bolster the service and supporting infrastructure, the head of its controlling foundation said on Wednesday.Slideshow Along with another encrypted app, Telegram, Signal has been the main beneficiary of online outrage around the changes announced last week, which require WhatsApp users to share their data with both Facebook FB.O and Instagram.Telegram said on Wednesday it had surpassed 500 million active...

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Munsif Vengattil
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Jan 13
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Mastercard, Visa halt payments on Pornhub over allegations of child sex-abuse content

Mastercard, Visa halt payments on Pornhub over allegations of child sex-abuse content

By , (Reuters) - Mastercard Inc and Visa Inc on Thursday stopped processing payments on Pornhub after a New York Times report last week that many videos posted on the adult website depicted sexual assault of children.Mastercard said it was permanently ending the use of its cards on the sex videos site after its investigation confirmed the presence of illegal content on the platform. Visa said it was suspending payments till an investigation was completed.Pornhub called the actions as “disappointing”, saying it came after the site implemented safeguards such as a ban on video downloads, as...

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Munsif Vengattil
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Dec 10
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IBM to break up 109-year old company to focus on cloud growth

IBM to break up 109-year old company to focus on cloud growth

By (Reuters) - International Business Machines Corp is splitting itself into two public companies, capping a years-long effort by the world’s first big computing firm to diversify away from its legacy businesses to focus on high-margin cloud computing.IBM will list its IT infrastructure services unit, which provides technical support for 4,600 clients in 115 countries and has a backlog of $60 billion, as a separate company with a new name by the end of 2021.The new company will have 90,000 employees and its leadership structure will be decided in a few months, Chief Financial Officer James...

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Munsif Vengattil
Oct 8
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Microsoft doubles down on gaming with $7.5 billion deal for Doom-owner ZeniMax

Microsoft doubles down on gaming with $7.5 billion deal for Doom-owner ZeniMax

By (Reuters) - Microsoft Corp said on Monday it would acquire ZeniMax Media for $7.5 billion in cash, strengthening its Xbox video game offering with the studio behind titles such as Fallout and the Doom, as competition heats up with Sony Corp.ZeniMax is the parent company of Bethesda Softworks, which has also developed hits including The Elder Scrolls, Wolfenstein, and Dishonored.The deal comes more than a week after Microsoft’s failed bid for short video app TikTok’s U.S assets. TikTok has currently structured the deal as a partnership with Oracle and Walmart rather than an outright...

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Munsif Vengattil
Sep 21
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