Snap Inc., the parent firm behind the messaging app Snapchat, has filed its documents for an initial public offering (IPO) of stock with the U. S. Securities & Exchange Commission (SEC).
While the company didn't reveal how much it plans to ask for through its IPO, some reports have pegged the amount in the range of between $20 billion and $25 billion.
Snap Inc. reportedly filed the documents in 20166, but used a Jobs Act provision that allows firms with less than $1 billion in annual revenue to conceal their IPO plans from the public.
Facebook has taken steps to tackle spam and clickbait, and now the company is preparing to deal with misinformation and hoaxes in the same way, CEO Mark Zuckerberg said.
The widely-popular social-networking platform has long been under fire over complaints that it hasn't taken sufficient steps to stem the rise of misinformation and false news stories across its network.
Social-networking giant Facebook Inc. is developing a new app to bring video content and advertising to television screens in living rooms around the world, according to a WSJ report.
Citing anonymous sources familiar with Facebook's plans, the WSJ reported that company is developing a tvOS app that would allow users to watch Facebook videos and adverts on their TV screens.
Widely-popular streaming service Netflix's MindFlix hack claims to have the ability to navigate menus by thought. While it may not necessarily be reading a user's thoughts, it appears to work in that way to control the Netflix interface.
The innovative project was the result of work during the company's HackDay. Its developers demonstrated how a piece of head-worn technology can be used to scroll through menus and highlight various shows or programs available within the streaming platform.
BlackBerry, Canadian manufacturer which is struggling to regain its lost share in the highly competitive smartphone market, is apparently building up the hype over its upcoming flagship device dubbed Mercury.
Although Mercury has already made an appearance at the Consumer Electronics Show 2017, but details about its specs and features remain quite elusive.
Apple Inc. CEO Tim Cook met with Utah Senator Orrin Hatch in the national capital on Friday and discussed various topics ranging from the wider tech industry to U. S. economy, emerging media reports say.
Mr. Cook reportedly visited Washington, D. C., to meet with Republican Sen. Hatch, and took a dinner with Ivanka Trump and Jared Kushner. While details of the closed-door meeting were not disclosed, a statement provided to media revealed that they discussed a range of topics about technology and economy.
South Korean electronics giant Samsung may unveil its upcoming Galaxy S8 and S8 Edge smartphones as soon as March 29, according to tech writer and reliable leaker Evan Blass.
Blass, who is known for leaking upcoming products under his Twitter handle @evleaks, also leaked the features of the Korean smartphone maker's two new flagship handsets.
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