Microsoft has reached a valuation of one trillion dollars for the first time after posting a 19pc increase in profits. It makes the software giant only the third publicly-traded company in history to reach the threshold, after Apple and Amazon passed it last year. The two companies have since fallen in value and Microsoft is now the world's largest listed company. Shares rose almost 4pc in early trading to more than $130.50 on Thursday, putting Microsoft’s market capitalisation above Apple’s. The milestone caps a years-long turnaround for Microsoft. The company's Windows software saw it dominate computing two decades ago but subsequently floundered as Google, Apple and Facebook developed search... Register for free to read this article, or log in to your Telegraph account Register Log in … [Read more...] about Microsoft becomes world’s third company to be worth $1 trillion
Amazon posted record profits on Thursday night in a sign that investors’ patience with the online retailer is finally paying off. The online retailer said net income in the first three months of 2019 had more than doubled to $3.6bn (£2.8bn), as sales increased by 17pc to $60bn. Amazon has historically sacrificed profits as it chases breakneck worldwide growth, but in recent months has become reliably profitable, in large part thanks to the growth of its powerhouse cloud computing division, Amazon Web Services (AWS). Although Amazon’s shopping websites made up the majority of its $60bn in first quarter revenues, it relied on AWS for around half of its profits. The division grew sales by 41pc in... To continue reading this article Start your free trial of Premium Access all Premium articles Subscriber-only events Cancel any time Free for 30 days then only £2 per week Try Premium Access one Premium article per week Register for … [Read more...] about Amazon reports profit of $3.6bn
Facebook is banning personality quizzes over fears for users’ privacy a year after the Cambridge Analytica scandal, which revealed that a personality test was used to harvest users' data. It will prohibit similar tests and apps that “provide minimal utility” on the platform and will no longer permit apps to collect data that is not relevant to the running of their service. Last year it emerged that a personality quiz app called This is Your Digital Life was used to harvest data on users and their friends, often without their knowledge. The data, which included names and personal interests, was then sold to Cambridge Analytica, which used it for political purposes. "Our Facebook Platform Policies... To continue reading this article Start your free trial of Premium Access all Premium articles Subscriber-only events Cancel any time Free for 30 days then only £2 per week Try Premium Access one Premium article per … [Read more...] about Facebook to ban personality quizzes after Cambridge Analytica scandal
Robin Pagnamenta Follow 25 April 2019 • 6:00am When a defunct satellite orbiting earth at an altitude of 186 miles was blasted into pieces last month by an Indian missile, it was not just a cloud of debris that was released by the explosion. As US and Russian security officials fretted over whether some of the fragments might crash into the International Space Station (ISS), lawyers back on earth were launched into a frenzy of jurisprudential excitement. Could India be sued if the ISS, which cost an estimated $150bn to build, was destroyed or damaged? Where would such a case be heard and on what legal grounds? Ever since the first man-made objects were hurled into space in the 1950s and 60s, the laws governing what happens there have been... To continue reading this article Start your free trial of Premium Access all Premium articles Subscriber-only events Cancel any time Free for 30 days then only £2 per week Try … [Read more...] about Who owns the moon? Why we urgently need laws to stop a space free-for-all
A new generation of mobile and wireless technology is just around the corner. New 5G technology, a major upgrade on current 4G data connections, is set to arrive in the coming months and could launch on network services used by tens of millions of British consumers. But the race to 5G has many concerned that the technology has been over-hyped, at least in its early form. It has led to legal battles and disputes, smartphone makers rushing to launch new handsets and even global security concerns over the equipment used to run the technology. According to those in the smartphone industry, 5G technology, in some form, is likely to arrive this year. “There has been a major acceleration in one year,” says Enrico Salvatori, president of 5G at Qualcomm, a company making 5G microchips for smartphones. But what exactly is 5G and how will it be different from the current network. For those who struggle to get a 3G signal in their local area, will it actually make any difference? … [Read more...] about What is 5G and how it will change your life?