Lead plaintiff Nimesh Patel sued Facebook in 2015 in one of three consolidated class actions, claiming the social network started mapping users’ faces for its “Photo Tag Suggest” function in 2011
Tag: USA
US Bankruptcies at 10-year high
As the coronavirus pandemic continues to wreak havoc on the U.S. economy, bankruptcies are on track to hit the highest level in at least 10 years
Video Game sales shine amid pandemic
Aside from watching Netflix, playing video games is one of the few activities perfectly suited for life in a pandemic
586 startup unicorns in the world
E-commerce, Fintech, AI and SaaS are top 4 core competence sectors of world’s unicorns, making up 45.9% of the sectoral universe of these unicorns
Investors have deserted Intel, piled into TSMC
• Like 10nm chipsets earlier, Intel’s 7nm designs may also face delays while AMD moved to 7nm chips this year, and Qualcomm has moved to even smaller 5nm designs • After CEO Bob Swan said Intel is considering outsourcing, the company’s shares slumped 16% • Taiwan Semiconductor Manufacturing Co. (TSMC) produces more than a billion… Continue reading Investors have deserted Intel, piled into TSMC
Wealth exodus from China continues
Australia has been named the top destination for migrating millionaires Australia and the US were consistently named at the top of the world’s immigration “wish lists.” Australia was named the top destination for millionaires because of its low crime rate, strong school system, first-class healthcare system and growing economy Source: VisualCapitalist
5G patents
• Huawei has the largest declared 5G portfolio, followed by Samsung and ZTE • Qualcomm and Intel are the largest US companies holding declared 5G patent families • Sharp and NTT DOCOMO are the largest Japanese 5G declaring companies • When counting granted 5G patents, Samsung owns the largest 5G portfolio, followed by Nokia and… Continue reading 5G patents
Time on social media
• On average, global internet users spent 2 hours and 23 minutes on social media sites everyday • Emerging markets spend the most time on social networks, perhaps due to younger demographics • With a comparatively older population, the Japanese spend less than an hour staying connected digitally