Category: industry

PayPal could acquire Pinterest for $45 billion

According to CNBC, PayPal is in “late-stage” talks of acquiring Pinterest. The news comes shortly after Bloomberg first reported about the acquisition. Bloomberg first reported that a deal worth $39 billion was being explored, but according to its updated news piece and CNBC, PayPal is valuing Pinterest at $70-a-share or $45 billion. When Pinterest went

Facebook is finally testing its cryptocurrency wallet Novi

Facebook, believe it or not, has been in the cryptocurrency space for over two years now. The company first announced its “Libra” cryptocurrency a few years ago, however, it hasn’t been seen in the wild ever since. Libra was later renamed to Diem. Yesterday, Facebook’s payments chief David Marcus announced (on Twitter, huh?) that the

Facebook could change its name this month

According to a new report from The Verge, Facebook is planning to change its name. The social media giant is planning to change its name to reflect its focus on building its metaverse. According to sources that spoke to The Verge, Facebook could unveil its new name at its annual AR/VR Connect conference on October 28th, but

YouTube Rewind is gone for good

Remember YouTube rewind? Well, it started as a well-produced (and well-written) video from the official account of YouTube containing all the stars and top creators of the video. It started in 2010 as a good initiative and was quite a hit in the mid-2010s, however, it all fell apart with Rewind 2018. Now, according to

Facebook explains why its services were down for hours

Unless you’re living under a rock, you know Facebook and all of its services, including WhatsApp and Instagram, were down for over 6 hours yesterday. The outage was first reported around 11:40 a.m. ET, and then the services went dark for about six odd hours. Mark Zuckerberg, Facebook’s CEO, in a post late night said,

YouTube TV and NBC agree to a ‘short’ extension hours before deadline

After their little public spat last week, YouTube TV and NBC confirmed today that they’ve reached an agreement for a “short” extension. The company hasn’t announced how long this “short” extension is, however, the company has clarified that the “NBCUniversal channels will not go dark on YouTube TV at midnight eastern tonight.” What this means

Google’s next event is on October 5th, but Pixel 6 still not expected

With Apple’s iPhone 13, Samsung Galaxy S21, and the OnePlus 9 already out in the market, everyone’s attention has turned towards the Google Pixel 6 series. Google is reportedly hosting an event in October to announce the much-awaited Android device. XDA-Developers’ Mishaal Rahman was quick enough to spot a now-deleted CNET article that talked about