TECHNOLOGY 

Facebook Planning to Change Its Name? Create Metaverse?

Facebook is planning to change its name in a rebrand of the entire company as it focuses on building the metaverse an online world where people can use different devices to move and communicate in a virtual environment, the Verge reported. The coming name change, which CEO Mark Zuckerberg plans to talk about at the company’s annual Connect conference on October 28th, but could unveil sooner, is meant to signal the tech giant’s ambition to be known for more than social media and all the ills that entail. The rebrand…

Read Full Article
TECHNOLOGY 

mPAY suffers outage as J&K Bank Customers Face Issues.

J&K Bank customers have faced issues in regards to making online payments as bank servers suffered outage hampering mpay and other apps. “On Monday morning I had an exigency to transfer some amount to my son who is studying outside J&K but I failed to transfer it through JK Bank’s mPAY which came out of order”, a JK Bank customer. Similar reports came from other parts of valley who appealed JK Bank authorities to address the issue at the earliest.  Public Relations Officer (PRO) J&K Bank Limited, Ajaz Ahmad Zargar,…

Read Full Article
TECHNOLOGY 

Facebook Shutdown: Technical Reasons or Cover Up? WhistleBlower Reveals Dark Secrets.

When Facebook disappeared from the internet space for 6 hours on Monday, it wasn’t the only crisis that the social media giant was going through. The official reason given for the outage was that configuration changes on the backbone routers that coordinate network traffic between its data centres caused issues that interrupted this communication. This disruption to network traffic had a cascading on the way Facebook data centres communicate, bringing services to a halt. Ironically the outage came at a time when the Mark Zuckerberg owned company was dealing with…

Read Full Article
TECHNOLOGY 

Telegram gained Over 70 Million New Users During Facebook Outage says Founder.

Telegram founder Pavel Durov said that the messaging app gained over 70 million new users during the Facebook outage on Monday. Facebook Inc (FB.O) blamed its outage, which kept its 3.5 billion users from accessing services such as WhatsApp, Instagram and Messenger, on a faulty configuration change. WhatsApp’s nearly six-hour long outage on Monday hit trading of assets from cryptocurrencies to Russian oil, market players said, although a quick shift to alternative platforms such as Telegram limited severe disruption. “The daily growth rate of Telegram exceeded the norm by an order of magnitude, and we…

Read Full Article
TECHNOLOGY 

Mark Zuckerberg Loses $6 Billion Personal Wealth Within Hours After Outage.

As Facebook and its subsidiary apps WhatsApp and Instagram went down for nearly 6 hours on 5th October, Mark Zuckerberg suffered loses of $6 Billion within hours. This brought him down a notch on the list of the world’s richest people. According to the Bloomberg Billionaires Index, this has cost Mark Zuckerberg the fifth position among billionaires. Now, he stands with $120.9 billion in sixth place, behind Bill Gates. Shares of Facebook plummeted about 5 per cent, adding to a 15 per cent drop since mid-September. According to The Index,…

Read Full Article