500px reveals 2018 breach that exposed user data

Photo-sharing platform 500px has revealed that it suffered a security breach that exposed its users’ data and profile information. While the company’s engineers have only just discovered the unauthorized entry, it actually happened way back on July 5th, 2018 — just a few days after the company closed its in-house Marketplace that helped photographers sell […]

Activision Blizzard lays off nearly 800 employees after ‘record’ 2018

Activision Blizzard has begun laying off some of its 9,600 employees, mostly in non-development sectors, even as it reported a record net revenue of $ 7.50 billion in 2018, up from $ 7.02 billion in 2017. Activision expects to lose 8 percent of its staff, or nearly 800 employees. The company plans to restructure its […]

Tech companies spent more than $64 million on lobbying in 2018

The biggest companies in tech spent more money lobbying the government in 2018 than in any year previous. According to a report from Reuters, Google dropped $ 21.2 million on lobbying efforts in 2018, a new record for the company and the most it has spent on lobbying since 2012. Likewise, Facebook cranked up its […]

Tech companies spent more than $64 million on lobbying in 2018

The biggest companies in tech spent more money lobbying the government in 2018 than in any year previous. According to a report from Reuters, Google dropped $ 21.2 million on lobbying efforts in 2018, a new record for the company and the most it has spent on lobbying since 2012. Likewise, Facebook cranked up its […]

How much money is ‘Fortnite’ making? Nearly $2.5 billion in 2018 alone, according to the latest report

Epic Games “Fortnite” continues to be the biggest game in the world, with tens of millions of monthly players across seven different platforms. Even though the game is free, it managed to pull in nearly $ 2.5 billion in 2018, according to Nielsen’s SuperData tracking arm. “Fortnite” offers a seasonal Battle Pass, which costs $ […]

Returns on stocks in 2018 were down across the board

ONE DAY in 1985 P. J. O’Rourke, an American humourist, invited a few friends to his home to take ecstasy. He wrote about the experience for Rolling Stone. For a veteran of the Age of Aquarius, the side-effects of recreational drugs—the frequent toilet trips; the grimy feeling on the skin; the fitful sleep later on—were […]