Tech

Mark Zuckerberg has $7 billion wiped off his fortune as Coca-Cola halts all social media advertising for 30 days

A boycott of Facebook by major advertisers is hammering the social media giant’s stock price and chief executive Mark Zuckerberg’s personal fortune. Zuckerberg’s net wealth is down by $7.21 billion as of Saturday, while Facebook’s share price dropped more than 8% at the close of Friday trading, as the ad …

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Google will start paying publishers for news

Google will start paying to display news content from some media outlets after years of resisting demands from publishers. The company announced several new licensing deals with publishers in Germany, Australia and Brazil on Thursday as part of a “new news experience” due to be launched later this year. It …

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Australia hit by ‘sophisticated’ state-sponsored cyber attack

Australia has been targeted in a “sophisticated state-based” cyberattack, the country’s prime minister has said. Scott Morrison did not name the country responsible, and he said he made the threat public to “raise awareness.” He said: “This activity is targeting Australian organisations across a range of sectors, including all levels …

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