Truecaller drops 32% on lower revenue

October 27, 2023

Shares of Truecaller dropped to as low as 35% before recovering slightly to 32% Friday after the Switzerland-headquartered firm, known for its eponymous caller ID app, reported lower than estimated revenue. Truecaller, listed in Stockholm, reported a revenue of SEK 399 million ($35.88 million) for the quarter ending September, an 11% year-on-year decline. JP Morgan […]

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Apple fixes bug that undermined iOS privacy feature for years

October 27, 2023

Apple has fixed a years-old vulnerability in its iPhone and iPad software that undermined a privacy feature since it first debuted. Back in 2020, Apple announced a new feature in iOS 14 that would prevent nearby wireless routers and access points from gathering an Apple device’s unique MAC address. Tracking MAC addresses can have legitimate […]

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X to take on newswire services with new product, XWire

October 27, 2023

As Instagram Threads is leaning away from news, according to statements made by Instagram head Adam Mosseri, its competitor X appears to be doubling down. Executives at the company formerly known as Twitter, spoke during yesterday’s all-hands internal meeting of their desire to create a new wire service called XWire, according to Bloomberg. The service […]

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