Samsung tips record profit, Apple to Use Its Own Chips in Macs, Amazon likely to win $10 billion Pentagon deal and more 

Samsung tips record profit, Apple to Use Its Own Chips in Macs, Amazon likely to win $10 billion Pentagon deal and more 
Anna Bazyma

Hi, Guys. Did you miss this week’s Tech Digest, with the latest interesting news?

1) Google will start removing Chrome extensions with cryptocurrency mining scripts

Despite new regulatory hurdles and a market downturn, the adoption of cryptocurrencies such as Bitcoin, Ethereum, and Litecoin shows no sign of slowing down. In fact, it has given rise to a cottage industry: cryptocurrency mining, or the process of validating transactions and obtaining cryptocurrency in return. Those transactions become more computationally intensive over time. These days, mining profitably requires powerful hardware. That’s encouraged some malicious actors to target computers through Chrome extensions, but Google’s putting a stop to the practice.



2) Apple Plans to Use Its Own Chips in Macs From 2020, Replacing Intel

Apple Inc. is planning to use its own chips in Mac computers beginning as early as 2020, replacing processors from Intel Corp., according to people familiar with the plans.

The initiative, code named Kalamata, is still in the early developmental stages, but comes as part of a larger strategy to make all of Apple’s devices — including Macs, iPhones, and iPads — work more similarly and seamlessly together, said the people, who asked not to be identified discussing private information. The project, which executives have approved, will likely result in a multi-step transition.




3) With 360 Degree Photos and HD Quality Video, Messenger Gets Even More Visual

Visuals are the best way to add delightful expression and meaningful emotions to your chats. Earlier this year we shared that the ability to send photos, videos, stickers and GIFs in Messenger is extremely popular and now we are continuing to make these features richer, sharper, and better than ever. That’s why today, we are introducing the ability to send 360 degree photos in Messenger.



4) Authenticity Matters: The IRA Has No Place on Facebook

This morning we removed 70 Facebook and 65 Instagram accounts — as well as 138 Facebook Pages — that were controlled by the Russia-based Internet Research Agency (IRA). Many of the Pages also ran ads, all of which have been removed. Of the Pages that had content, the vast majority of them (95%) were in Russian — targeted either at people living in Russia or Russian-speakers around the world including from neighboring countries like Azerbaijan, Uzbekistan and Ukraine.



5) Twitter has suspended more than 1.2 million terrorism-related accounts since late 2015

Twitter suspended more than 1.2 million accounts that were promoting terrorism over a two year stretch, the company announced Thursday, including more than 274,000 accounts in the last six months of 2017.

It’s not really the kind of “one million user” milestone anyone likes to celebrate. On one hand, it’s good to know that Twitter is finding and removing these accounts in such vast quantities. On the other hand, it’s scary to think that there are so many terrorism-related Twitter accounts to begin with — and concerning that they keep targeting Twitter as a place to spread their messages.


6) Samsung Electronics tips record first-quarter profit as chip boom winds down

Samsung Electronics Co Ltd (005930.KS) tipped a surprise record first-quarter profit on Friday but market reaction was muted due to growing concerns that the semiconductor boom that has driven the South Korean tech giant’s earnings is about to end.

Samsung shares fell after the announcement as analysts forecast similar or lower profit in the second quarter, due to slower growth in DRAM chip prices and higher marketing costs for the flagship Galaxy S9 smartphone.



7) The Pentagon is close to awarding a $10 billion deal to Amazon despite Trump’s tweets attacking the company

The Pentagon is close to awarding a cloud-services contract worth as much as $10 billion to Amazon, even as President Donald Trump attacks the e-commerce giant from the White House, according to a source with knowledge of the deal.

The Pentagon has not yet publicly announced a winner of the highly-sought-after, 10-year contract to provide cloud services to the Department of Defense as it overhauls its IT systems — a process it’s calling the Joint Enterprise Defense Infrastructure, or JEDI, program.

Read more on Businessinsider


8) Facebook says 87 million people’s data was taken in the Cambridge Analytica scandal — far more than previously thought

Facebook revealed Wednesday that tens of millions more people might have been exposed in the Cambridge Analytica privacy scandal than previously thought and said it will restrict the user data that outsiders can access.

Those developments came as congressional officials said CEO Mark Zuckerberg will testify next week, while Facebook unveiled a new privacy policy that aims to explain the data it gathers on users more clearly — but doesn’t actually change what it collects and shares.

Read more on Businessinsider


9) Mark Zuckerberg on Facebook’s hardest year, and what comes next

It’s been a tough year for Facebook. The social networking juggernaut found itself engulfed by controversies over fake news, electoral interference, privacy violations, and a broad backlash to smartphone addiction. Wall Street has noticed: The company has lost almost $100 billionin market value in recent weeks.

Behind Facebook’s hard year is a collision between the company’s values, ambitions, business model, and mind-boggling scale. Mark Zuckerberg, the founder of Facebook, has long held that the company’s mission is to make the world more open and connected — with the assumption being that a more open and connected world is a better world. 



10) Spotify shares jump in record-setting direct listing

Shares of Spotify Technology SA (SPOT.N) ended up 12.9 percent on their first day of trade on the New York Stock Exchange, a smooth debut that could pave the way for other companies looking to go public without the aid of Wall Street underwriters.

Spotify shares opened at $165.90, up nearly 26 percent from a reference price of $132 set by the NYSE late on Monday. The stock ended the session at $149.01, valuing the world’s largest streaming music service at $26.5 billion.