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Facebook beats expectations to post positive first quarter earnings

Despite a slew of antitrust hearings, an operating system update threat, and reports of a data leak, the company’s revenue rose to $26.17bn Facebook earnings beat analyst expectations Wednesday, bolstered by pandemic-driven traffic and ad sales. The positive earnings report for Facebook comes despite a number of roadblocks for the company in previous months – …

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US automakers outline rules for auto-driving cars after fatal crashes

Proposals come days after two men using Tesla’s Autopilot driver-assist system were killed in a crash near Houston US automakers have outlined principles designed to encourage drivers to pay attention to the road while driving partially automated vehicles as political scrutiny of the technology intensifies following a series of fatal crashes. The proposals, published yesterday …

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Family of late Samsung chair offload Picassos and Dalís to cut inheritance tax bill

Relatives of Lee Kun-hee to donate 23,000 artworks to South Korean national museums The family of the late Samsung Electronics chair Lee Kun-hee have said they will pay more than 12tn won (£7.8bn) in inheritance tax and donate his collection of more than 23,000 artworks – including pieces by Salvador Dalí, Pablo Picasso, Jean-Michel Basquiat …

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New Pokémon Snap review – chilled photography game could be snappier

Nintendo Switch; NintendoTrekking through forests and meadows in search of quirky creatures to photograph is a serene but repetitive experience Pokémon is nominally about collecting and battling cute monsters, but, like most children’s fiction that has stood the test of time, these games draw you into an interesting and believable place – one where kids …

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‘They’re playing chicken:’ inside Mark Zuckerberg and Tim Cook’s feud

Tensions between Facebook and Apple have been growing, but is it just an attempt to get ahead of US antitrust regulators? A longstanding feud between Mark Zuckerberg and Tim Cook could come to a head this week, as a highly-anticipated Apple operating system update will for the first time allow users to opt out of …

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Australia’s competition watchdog wants to reduce phone app duopoly of Apple and Google

ACCC won’t rule out regulation of tech giants if people aren’t given more choice when setting up a new device People should be given a choice of apps other than the default Apple and Google phone apps when setting up a new device, under a raft of proposals from Australia’s competition watchdog to reduce the …

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Facebook allows advertisers to target children interested in smoking, alcohol and weight loss

Social media giant gave organisation behind a page for Australian 13- to 17-year-olds option to run alcohol, smoking and gambling ads for as little as $3 Facebook is allowing businesses to advertise to children as young as 13 who express an interest in smoking, extreme weight loss and gambling for as little as $3, research …

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Alphabet: revenue soared for Google owner as Covid brought more people online

Company exceeded Wall Street’s expectations with $55bn in revenue, even as it continued to face landmark antitrust lawsuits Revenue for Google’s parent company, Alphabet, jumped by 34% on the previous year in the first quarter of 2021, the company announced on Tuesday, fueled in part by a sustained surge in ad sales during a pandemic …

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‘Self-driving’ cars could get green light for use on UK motorways this year

Automated lane-keeping systems likely to be allowed only when traffic is moving slowly Motorists could legally allow their cars to “self-drive” on British motorways later this year – but only slowly, the government has announced. Drivers could soon be allowed to read a newspaper or watch a film via the car’s built-in screen in periods …

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