Alphabet Reveals YouTube ad Revenue Surpassed $15 billion In 2019 After years of providing as little insight into the performance of its different businesses as it could, Alphabet Inc. executives finally divulged financial results from two of its most prominent segments Monday. Revenue-recognition rules that were approved in 2014 and went […]
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Facebook Adds Dropbox Founder Drew Houston To Its Board Of Directors Facebook announced today in a regulatory filing that 36-year-old Dropbox founder and CEO Drew Houston will join the company’s board of directors. Forbes estimates Houston is worth $1.3 billion, which makes him the fifth billionaire to be appointed to Facebook’s board of […]
U.S. Places $5 million Bounty On ‘Evil Corp’ For Weaponizing Microsoft Excel To Spread Malware Payload Evil Corp may well be best known to millions of viewers of the Mr. Robot TV drama as the multi-national corporation that Elliot and FSociety hack. However, back in the real world, Evil Corp not only […]
IBM CEO Virginia Rometty To Step Down Virginia Rometty will step down as IBM’s CEO, the company announced Thursday, and Arvind Krishna, IBM’s senior vice president of cloud and cognitive software, will replace her. Rometty will stay on as executive chairman until the end of the year and then retire […]
Yahoo To Pay 500 million Users $117,500,000 For Data Breach Yahoo is sending out a reminder to its over 3 billion users worldwide for a litigation against the company over data breach by malicious actors who gained access to about 500 million users login details and other personal details. According […]
Nigerian Government Approves N33,000 Allowance For Corp Members Current and upcoming NYSC members now have every reason to celebrate because the National Youth Service Corps (NYSC) Director-General (DG), Brigadier General Shuaibu Ibrahim has confirmed that the FG, in line with the new Minimum Wage, has approved N33,000 allowance for Corps members. The […]
BBC News Set To Slash 250 Jobs In Bid To Save £80m The BBC is expected to slash 250 jobs from its news division as it prepares to announce cuts today in a drive to save £80million. Plans to axe Victoria Derbyshire’s BBC Two programme have already been leaked, with […]
B-2 Spirit: $2 billion World’s Most Expensive Aircraft A product of the Cold War, B-2 Spirit was originally designed to penetrate Soviet air defenses and carry both conventional and nuclear weapons. With its “flying wing” design that makes it almost invisible to radar, the B-2 Spirit bomber is truly a standout among […]
Bitcoin Soars Above $9,000, Experts Suggest Twitter CEO’s Bet Must Have Triggered The Rise The bitcoin price has soared, briefly climbing above the $9,000 per bitcoin mark on the Luxembourg-based Bitstamp exchange before falling back slightly. Some have suggested the China coronavirus emergency is behind bitcoin’s 5% rise today, though others […]
Grammy Awards 2020: Full List of Winners The full list of winners at the 2020 edition of the Grammy Awards has finally emerged. From Lizzo to Lil Nas X and Billie Eilish, check out all the stars who shined last night at the event: Best rap/sung performanceDJ Khaled featuring Nipsey […]
Nigeria Secures $2.5 billion Gas Pipeline Finance With Chinese Lenders Nigeria will close a $2.5bn financing agreement with Chinese lenders by the start of the second quarter of 2020 to fund the single biggest gas pipeline project in the country’s history, after months of holding talks with China on financing […]
Twitter Cofounder Jack Dorsey’s Net Worth Has Tripled To Nearly 240% Since Donald Trump Became President In the three years since Donald Trump became president of the United States, the net worth of Twitter cofounder Jack Dorsey has soared nearly 240%, more than almost any billionaire in the country. He now sits atop a […]