Monthly Archives: February 2023

Meta shares soar 17% on fourth-quarter revenue beat

Facebook-parent Meta reported revenue for the fourth quarter that topped estimates and gave a forecast suggesting that sales could rise in the first quarter.

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Facebook-parent Meta announces $40 billion stock buyback

Meta added active users in the fourth quarter, but revenue growth still slowed, and the social networking company is emphasize its cash-generation powers.

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Meta lost $13.7 billion on Reality Labs in 2022 as Zuckerberg’s metaverse bet gets pricier

In its first full year as a separate business, Meta’s Reality Labs unit racked up huge costs, bringing its total operating loss to $13.72 billion.

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Chip stocks rally on optimistic AMD earnings and Fed’s signal that inflation is easing

Chip stocks like NVIDIA, Qualcomm and Broadcom were boosted after the Federal Reserve rose the federal funds rate by 0.25 percentage point on Wednesday.

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‘God bless Elon Musk’: Top Republican lauds Twitter owner ahead of key hearing

House Oversight Committee Chair James Comer will lead the first major congressional hearing on Twitter since Republicans took control of the House.

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The Biden administration says Apple and Google’s app stores are stifling competition

The Biden administration is calling out Apple and Google’s app stores for stifling competition. A new report, issued on Wednesday by the Commerce Department’s National Telecommunications and Information Administration (NTIA), said it had investigated the competitive conditions in the mobile … Continue reading

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Google Fi hack victim had Coinbase, 2FA app hijacked by hackers

On January 1, a technologist who goes by the nickname regexer received an email saying he had successfully reset his account at the crypto exchange Coinbase. Unfortunately — and worryingly — he had actually not requested a password reset. Regexer, … Continue reading

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ChatGPT firm trials $20 monthly subscription fee

The chatbot has been used millions of times since its public launch last year.

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New cybersecurity BEC attack mimics vendors

A new business email attack threat actor is using a stealth tactic to avoid giveaways of typical social engineering attacks. Learn the best defense for protecting your company. The post New cybersecurity BEC attack mimics vendors appeared first on TechRepublic.

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Top 10 data migration tools of 2023

If you need to move, convert or migrate your data, you’ll need the right tools for the job. Here are the top picks for your data migration needs. The post Top 10 data migration tools of 2023 appeared first on … Continue reading

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