Uber reports first quarter sales and $62 billion Valuation

PARIS, France — Uber announced its first quarter financials, reporting strong sales growth and a new valuation. Revenue jumped 55 percent while losses narrowed 49 percent.The company pulled in $2.5 billion in net revenues, with a net loss of $601 million, and negative EBIDTA of $304 million on a pro forma basis. “We are off…

Sweden ranks atop of EU’s most advanced digital economies

STOCKHOLM, Sweden — According to the European Commission’s Digital Economy and Society Index (DESI) 2018, Sweden is one of the most advanced digital economies in the European Union alongside Denmark, Finland and the Netherlands – followed by Luxembourg, Ireland, the UK, Belgium and Estonia. Sweden performed best in the Human Capital category. It also showed…

Twitter To Live Stream 20 games WNBA Regular Season Games

SAN FRANCISCO, California — Social media platform, Twitter, will live stream 20 WNBA games during the 2018 season. Coverage will begin with four games on Sunday, May 20, followed by games each Tuesday and a season finale on Sunday, Aug. 19. Twitter’s four-game schedule on May 20 helps headline #WNBAAllDay, when all 12 teams will…

Instagram allows you to Share Feed Posts to your Story

Shortly after introducing the emoji slider sticker, Instagram, announced its newest feature — which now allows you to share feed posts to your story. To share a feed post to your story Instagram which currently has 800M+ monthly active users, 300M+ active daily users and 300M+ daily story storylines,just tap the paper airplane button below…

PayPal to acquire Swedish startup iZettle for $2.2billion

STOCKHOLM, Sweden — PayPal, a U.S. based, leading technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide is set to purchase Swedish online commerce startup iZettle for $2.2 billion. The acquisition would strengthen its platform for handling payment transactions at small businesses — expanding PayPal’s reach into shops…

Amazon Web Services provides insight on GDPR Rules at Summit

STOCKHOLM, Sweden — Amazon hosted its 6th Annual Amazon Web Services Summit at Stockholm Massan where Dr. Werner Vogels, served as Keynote speaker in front a full house of 3,500 attendees. Dr. Werner Vogels, serves as the Chief Technology Officer at Amazon.com where he is responsible for driving the company’s customer-centric technology vision. Vogels who…

Twitter now speaks Swahili. Poa sana!

AFRICA — Twitter now recognizes Swahili, one of East Africa’s most common languages. The social media platform now offers translation for the language spoken by tens of millions in Kenya, Uganda, Tanzania and some parts of the Democratic Republic of Congo. The recognition comes after a campaign by Kenyans on social media, who regularly used…

Google Displays Demo Of Assistant Making An Actual Call On Behalf Of A User!

CALIFORNIA — Onstage at I/O 2018, Google showed off a jaw-dropping new capability of Google Assistant. CEO Sundar Pichai played back a phone call recording that he said was placed by the Assistant to a hair salon. Pichai says the Assistant can react intelligently even when a conversation “doesn’t go as expected” and veers off…

Jay-Z to Executive Produce A Meek Mill Docuseries, Coming To Amazon

SANTA MONICA, California – Meek Mill and Amazon Prime Video announced a six-part documentary series that will follow Meek and his fight for exoneration while exposing flaws in the criminal justice system. In collaboration with Meek and executive producers Shawn Carter, Eli Holzman, Aaron Saidman, Paul and Isaac Solotaroff, and produced by Roc Nation and…