Department of Understatement: "We had a good second quarter," said Mark Zuckerberg, describing Facebook's 71% profit increase to $3.89 billion.

Price of Prevention: A recent study from Juniper Research predicts that worldwide spending on tools to detect and prevent online payment fraud will rise to $9.3 billion by 2022, an increase of 22% over the spend expected this year. The report says that the threat posed by insecure internet of things (IoT) devices will be a primary driver of anti-fraud investment.

Siri, Help: New research from Verto Analytics, which examined the habits of US consumers and their use of assistant apps, found that nearly half (44%) of all smartphones in the US had a personal assistant app that was used at least once in May 2017.

Retail Tech: More retailers are turning to technology to improve the overall customer experience. Research from Linc, in partnership with BrandGarage, indicates that 87% of retailers surveyed plan to increase the use of artificial intelligence ( AI) in customer engagement service within the next two years.

Payment Data Concerns: More than two-thirds of adults in the US, UK and Australia surveyed by Transaction Network Services (TNS) are concerned about the security of their payment card data.