Facebook accused of knowingly inflating its ad audience

Posted on 18/02/2021 by Engadget

Facebook's senior executives knew that it was overestimating the number of users its advertisers could reach, according to an amended lawsuit reported by the Financial Times. A product manager told senior executives in 2018 that Facebook's po...

All of Disney’s streaming services are booming

Posted on 11/02/2021 by Engadget

Very quickly, Disney has become perhaps the dominant force in the video streaming world. Just about six months after the company announced it had over 100 million streaming video subscribers, Disney has revealed it has almost that many on Disney+ alo...

Ford commits $29 billion to electric and autonomous vehicle development

Posted on 05/02/2021 by Engadget

Ford will invest $29 billion in electric and autonomous vehicles through 2025, more than double the $11.5 billion it promised through 2022 less than a year ago, the automaker announced. Of that, it will spend $7 billion on self-driving tech and $22 b...

Sony has already sold more than 4.5 million PS5s

Posted on 03/02/2021 by Engadget

Sony never seemed to have enough PlayStation 5 stock since it launched, but still managed to sell 4.5 million of the consoles in 2020 — matching PS4 sales during that console’s 2013 launch quarter. Combined with sales of 1.4 million PS4 units, Sony’s...

YouTube and Search continue to make Alphabet tons of money

Posted on 02/02/2021 by Engadget

Google parent company Alphabet has released its fourth quarter and fiscal year 2020 results and the numbers are staggering. The company made $56.9 billion in the quarter that ended on December 31st, which is a 23 percent increase over the $46.1 billi...

The Nintendo Switch just had its best quarter yet

Posted on 01/02/2021 by Engadget

Nintendo sold 11.57 million Switch consoles last quarter, bringing lifetime sales to 79.87 million. That’s a seven percent increase on the same period last year, and, more impressively, the Switch’s best quarter to date. Not bad for a console that’s...

Samsung boosts profits despite a drop in smartphone sales

Posted on 28/01/2021 by Engadget

Samsung boosted profits by 26.4 percent for its fourth-quarter despite an 11 percent drop in smartphone sales over last year, the company announced. For the entire 2020 fiscal year, in the midst of a pandemic, it saw revenue and profits both rise to...

Tim Cook: Active install base of iPhones is now over 1 billion

Posted on 28/01/2021 by Engadget

Last year the install base of active iPhones grew to over 900 million devices, and in Apple’s Q4 2020 earnings call, CEO Tim Cook revealed that after the launch of the iPhone 12 family, it is now over 1 billion. In an interview with Reuters, he point...

Tesla’s ‘transformative’ fourth quarter tops a full year of positive revenue

Posted on 28/01/2021 by Engadget

It’s 2021 and nearly 7 percent of the US workforce is currently idle on account of the pandemic but heck if Tesla CEO Elon Musk isn’t still making money hand over fist. He’s surpassed Jeff Bezos as the richest person on the planet over the past year,...

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Facebook accused of knowingly inflating its ad audience

All of Disney’s streaming services are booming

Ford commits $29 billion to electric and autonomous vehicle development

Sony has already sold more than 4.5 million PS5s

YouTube and Search continue to make Alphabet tons of money

The Nintendo Switch just had its best quarter yet

Samsung boosts profits despite a drop in smartphone sales

Tim Cook: Active install base of iPhones is now over 1 billion

Tesla’s ‘transformative’ fourth quarter tops a full year of positive revenue