Category: financial

Facebook forms financial group to focus on payments

[ad_1] The company believes that enabling such purchases makes advertising becomes more valuable. CEO Mark Zuckerberg has said that he’s quite keen on growing in-app transactions. “As payments grow across Messenger and WhatsApp, and as we’re able to roll that out in more places, I think that will only grow as a trend,” he said […]

Ukraine catches hacker who tried to sell 773 million stolen email addresses

[ad_1] Today, the Security Service of Ukraine (SSU) announced that it has detained the hacker, known as Sanix, who caused a stir last year for trying to sell a database with 773 million email addresses and 21 million unique passwords. Officials say that 87-gigabyte database was only a fraction of the stolen data Sanix collected. […]

PlayStation 4 sales pass 110 million

[ad_1] Sony’s massively-popular PlayStation 4 has smashed another sales milestone. In its latest financial earnings, the company revealed that 1.5 million consoles — a figure that covers all configurations, including the PlayStation 4 Pro — in the three-month period that ended on March 31st, 2020. That brings lifetime sales to 110.4 million, a figure that’s […]

Sony’s PlayStation business is slowing faster than expected

[ad_1] The figures, which account for the third quarter of the fiscal year 2019 — October 1st to December 31st — indicate that sales were “significantly” down (by 20 percent) year-on-year due to a decrease in PS4 hardware and third-party software sales. Operating income was also down, with a 19.6 billion yen (around $180 million) […]

Huawei reports increased sales despite US sanctions

[ad_1] The figures fly in the face of earlier predictions, which anticipated a marked downfall for the company following its US export ban in May. Indeed, Huawei’s revenue growth slowed to 13 percent in the second quarter of the year, with the company estimating a $30 billion fall out from its war with America. Huawei […]

Twitter is cracking down on financial scams

[ad_1] According to Twitter, users may not operate a fake account or pretend to be a public figure or an organization. Money-flipping schemes in which users ask for a small amount of money in return for a larger sum are prohibited, and phishing schemes will count as a violation. To report instances of fraud, users […]