Even as it deals with continued supply constraints and consumers wary of inflation, Apple today reported the best March quarter in its history. The company tallied $97.3 billion in revenue in Q2, up 9 percent over the year-ago quarter. That amounted to a profit of $25 billion, with earnings per Read more…
The European Union has joined the social network Mastodon, which has seen a staggering 30,000 new users after Elon Musk’s bid for Twitter was accepted. On Thursday, the European Commission said it had set up its own server, dubbed EU Voice, to join Mastodon’s decentralized social network, also known as Read more…
An enzyme variant created by engineers and scientists at The University of Texas at Austin can break down environment-throttling plastics that typically take centuries to degrade in just a matter of hours to days. This discovery, published today in Nature, could help solve one of the world’s most pressing environmental Read more…
PayPal is shuttering its San Francisco office as it evaluates its global office footprint. Multiple sources say the payments giant is closing its San Francisco office on 425 Market St. which housed its Xoom business unit. PayPal acquired Xoom, which is focused on online money transfer technology and services, in Read more…
Social media platform Mastodon, often seen as an alternative to Twitter, gained nearly 30,000 new users on the day that Elon Musk bought Twitter. On Tuesday a Mastodon domain became unresponsive. Eugen Rochko, Mastodon’s CEO, later told Motherboard in an email that there were performance issues. “I’m sorry I couldn’t Read more…
Maine is closer to launching its space program after Gov. Janet Mills signed a bill to create the Maine Space Port, a law aimed at growing the state’s aerospace industry. Mills signed the bill into law on April 19, creating a public-private partnership that would build launch sites, data networks Read more…
Facebook is facing what it describes internally as a “tsunami” of privacy regulations all over the world, which will force the company to dramatically change how it deals with users’ personal data. And the “fundamental” problem, the company admits, is that Facebook has no idea where all of its user Read more…