Browsing: Social

Social technology updates, including social media platform news, gaming insights and social analysis.

Akamai anticipates Q3 revenue and profit to exceed market estimates due to robust cybersecurity demand amidst rising cyber threats. The company has revised its 2024 sales forecast, maintaining the midpoint estimate, and reported a 5% rise in second-quarter revenue, surpassing expectations.

Turkey has blocked the popular gaming platform Roblox over concerns about content that could trigger child abuse, Justice Minister said. Roblox reported more than 13,000 incidents of child exploitation in 2023, according to a Bloomberg report released last month.

Indonesia launches an anode plant for EV batteries, built by China’s BTR New Materials Group and Singapore’s Stellar Investment. The Indonesian government’s proactive approach has already lured major battery and EV manufacturers to invest in domestic production.

A U.S. judge has ruled that Google violated antitrust laws by establishing an illegal monopoly in the search engine market. The decision sets the stage for a second trial to determine remedies, which may include the breakup of Alphabet, potentially reshaping the online advertising industry that Google has long dominated.