TikTok breaks records as top grossing app in Q3, as overall app store revenue declines

Consumers reduced their mobile app spending in the third quarter of 2022 by roughly 5%, but the social video app TikTok just delivered another record-breaking quarter on this front. For the fourth straight quarter in a row, TikTok continued its streak as the app that has ever generated the most revenue in a quarter. These…

Tokenization is key to linking TradFi to the blockchain

As more and more traditional institutions begin to dabble in digital assets, some believe the best way for both old-school finance and decentralized finance (DeFi) to grow together is through a cross-chain world and tokenization. At Chainlink’s SmartCon 2022 conference, the “Bridging Traditional Finance and DeFi” panel discussed how interoperability could drive greater success for…

A new dangerous malware is turning Windows and Linux devices into DDoS tools

Cybersecurity researchers have discovered a new malware strain that infects Windows and Linux endpoints of all sizes and uses them for distributed denial of service (DDoS) attacks and cryptocurrency mining. Experts from Lumen’s Black Lotus Labs say the malware is written in Chinese and uses China-based command & control (C2) infrastructure. They called it Chaos,…

GOP oversight chief says a full-blown investigation into Hunter Biden is unavoidable if Republicans retake the House this fall: ‘We believe he’s compromised Joe Biden’

Then-Vice President Joe Biden (R) points to some faces in the crowd with his son Hunter Biden as they walk down Pennsylvania Avenue following the inauguration ceremony of President Barack Obama in Washington, DC, on January 20, 2009. REUTERS/Carlos Barria Rep. James Comer said Republicans have to keep investigating Hunter Biden’s entire life.  “We believe…

A first-in-class US Navy supercarrier is about to set sail on its maiden deployment for the first time in over 40 years

The aircraft carrier USS Gerald R. Ford (CVN 78) transits the Atlantic Ocean, March 26, 2022. US Navy/Mass Communication Specialist 3rd Class Jackson Adkins The US Navy is ready to deploy a new first-in-class supercarrier for the first time in over four decades. The aircraft carrier USS Gerald R. Ford will set sail on its…

Social Commerce 2021: Social media and ecommerce convergence trends brings growth opportunity for brands

Brands are leveraging social media checkout and shopping integrations as tech-savvy consumers engage with social commerce more often. Insider Intelligence’s Social Commerce 2021 report dives into top social commerce trends and strategies. You can purchase this report here. Do you work in the Marketing, Media & Advertising industry? Get business insights on the latest tech…

Natural gas supplies will grow even tighter in 2023, and its ‘very obvious’ who was behind the Nord Stream pipeline sabotage, IEA chief says

Fatih Birol warned summer could be difficult for energy markets. Anadolu Agency/Getty Images Gas supplies will tighten into next year as constraints continue to mount, IEA chief Fatih Birol said. Birol’s supply warning came shortly after the Nord Stream explosions, which caused gas prices to surge 11%. “It is very obvious … who was behind…

Text messages reveal Sam Bankman-Fried’s guru told Elon Musk the crypto billionaire was ‘potentially interested’ in buying Twitter

Sam Bankman-Fried, founder of crypto exchange FTX. Tom Williams/Getty Images Sam Bankman-Fried’s advisor told Elon Musk the crypto billionaire was possibly interested in buying Twitter. The advisor, Will MacAskill, attempted to set up a meeting between the two billionaires in March. The text messages were revealed as a part of the discovery process in Musk’s…