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Facebook fined £91m for ‘misleading’ regulators during WhatsApp acquisition

This week, the European Commission is fining Facebook £94.1 million, after concluding that the company gave ‘misleading’ information during an investigation into its acquisition of WhatsApp in 2014. The EC initially began vetting the acquisition deal between Facebook and WhatsApp on anti-competitive grounds. During the Commission’s investigation, Facebook made filings …

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The mp3 format is officially dead

After 25 long years of success, the mp3 file format has officially been discontinued this week. The music format first hit the big time during the heyday of the iPod and rival mp3 players. Since then however, the format has slowly been replaced by formats like AAC, which offer superior …

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Foxconn looking to build factory in the US, move closer to Apple

Foxconn, the giant electronics manufacturing conglomerate and Apple’s biggest OEM manufacturing partner, has begun talks with the US federal authorities to find a suitable place to set up a sixth-generation TFT-LCD panel factory, according to Digitimes. The display factory would cater to small-to-medium sized 6G panels and could be used in Apple’s …

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