Tech Today: Amazon vs Oracle; Facebook vs Russia
Tuesday, October 03, 2017 Unknown 0 Comments Category : enterprise , news , techtainment
In news headlines today, Facebook says 10 million people saw Russian-backed ads while Amazon.com hits back at Oracle's Larry Ellison.
ere are some things going on today in your world of tech:
Amazon.com (AMZN) fires back at Oracle’s (ORCL) Larry Ellison. -- Tech Crunch
Facebook (FB) estimates that 10 million people saw ads on its platform paid for by Russian entities, and admits it may not have uncovered all malicious activity that attempted to interfere in the American political process. -- The Wall Street Journal
Goldman Sachs (GS) is weighing whether to become the first blue-chip Wall Street firm to deal directly in digital currencies like bitcoin. -- The Wall Street Journal.
An event Wednesday at which Alphabet (GOOGL) will unveil a new line of devices will also be important to determine if the money it is spending to produce its own hardware and challenge Apple (AAPL) is worth the cost. -- MarketWatch
Global semiconductor sales rose 25% in August, driven by a massive jump in DRAM sales. -- Barron’s
The man who headed BlackBerry (BBRY) patent strategy has left to join a health technology company. -- Reuters.
Japan’s Toshiba (6502.JP) announced it is buying back a 10% stake in Westinghouse Electric from minority shareholder Kazatomprom for $522 million. -- Business Insider