Thu, March 28, 2024

Technology

tech giants, facebook and google subsea cables

Tech Giants Might Have to Head Out From Hong Kong

It is a strict timing for tech companies like Google, Facebook, Twitter all around the world. Now, Hong Kong’s leader announced that these tech giants might have to quit the country’s financial hub on Tuesday. The decision followed the authorities pushing ahead with the new privacy law. Asia Internet Coalition sent the letter of notice. …

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China

China accuses tech companies of illegal data collection

China’s technology giants are having a hard time. The government decided to target their data collection and accuse them of illegal activities. On Monday, China’s National Internet Information Office also launched a cybersecurity investigation into Bosi Zhipin and All Truck Alliance subsidiaries. These are listed in the United States. A day ago, CAC ordered the …

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amazon

Amazon is building a delivery robot in Finland

Amazon announced on Thursday that it plans to develop new technology for its automated delivery vehicles in Helsinki, Finland. The Seattle-based technology giant said in a blog post that it is building a new “development center” to support Amazon Scout. This all-electric automated delivery robot is being tested at four locations in the United States. …

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Chinese firm, Didi Global, hit $68 billion after U.S. debut

Didi Global Inc made its long-awaited debut as a public company on Wednesday. Its shares ended their first day of U.S. trading slightly over their initial public offering price, valuing the firm at $68.49 billion in the biggest U.S. listing by a Chinese firm since 2014.  Significantly, Didi Global is the Chinese riding-hailing company that …

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Russia opens lawsuits against Google and other tech giants

Russia opens lawsuits against Google and other tech giants

The Russian communications regulator Roskomnadzor has filed an administrative lawsuit against Google. The event happened after the U.S. technology giant failed to comply with a law requiring foreign companies to keep all data of Russian users in Russia. If the regulator finds that Google has violated the rules, Google will face a fine of up …

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Wibest – Facebook.com: A cut out of the Facebook logo.

Facebook hit $1trillion after the antitrust case dismissal

Facebook’s market value closed at more than $1 trillion for the first time on Monday. This social media company is the fifth American company to reach this milestone after Apple, Microsoft, Amazon, and Google’s parent company, Alphabet. On Monday, a U.S. judge dismissed a federal and state antitrust lawsuit against Facebook Inc. The lawsuit sought …

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SolarWinds hackers now attack Microsoft's agent's computer

SolarWinds hackers now attack Microsoft’s agent’s computer

According to Microsoft, a hacker linked by the U.S. authorities and the Russian Foreign Intelligence Service installed malicious information-stealing software on one of its systems. The hackers used the collected information to attack their customers. The hackers broke into a computer used by a Microsoft customer support employee. They gained access to different types of …

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Microsoft's new Windows 11 might anger Apple and Google

Microsoft’s new Windows 11 might anger Apple and Google

Microsoft launched a fierce attack on rivals Apple and Google on Thursday. Microsoft announced that Windows 11 would have an app store that allows developers to retain 100% of app sales. Apple restricts app makers from showing anything that looks like a competing store, e.g., apps that contain links to download multiple apps. Last year, …

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amazon

Amazon inc. starts the largest solar project in Canada

By 2025, Alberta may surpass Ontario and become the province with the largest installed renewable energy capacity in Canada. As the latest sign of corporate investment in renewable energy, technology giant Amazon.com Inc. announced a deal on Wednesday. The new deal will lock up 80% of electricity for what is known as Canada’s largest solar …

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Amazon Web Services: Amazon web services website homepage.

Tech Giants Say Antitrust Bills Will Hurt Small Businesses

Technology giants that may be spun off due to a series of new antitrust laws, publicly oppose these measures. Lawmakers will debate these measures on Wednesday. Amazon and Google issued statements on Tuesday against these bills. Apple and Facebook are also the targets of the House Judiciary Committee’s investigation into the digital market. However, they …

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Hot demand on chips made GlobalFoundries build a new plant

Hot demand on chips made GlobalFoundries build a new plant

GlobalFoundries, a US-based semiconductor manufacturer, announced Tuesday to build a new manufacturing plant in Singapore to meet unprecedented global chip demand. GlobalFoundries said that it would develop a new facility in cooperation with the Singapore Economic Development Board. Loyal customers will jointly invest in it. According to the company, the development project will invest more …

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The US's new Antitrust Bills to control Tech Giants' power

The US’s new Antitrust Bills to control Tech Giants’ power

Amazon, Apple, Facebook, and Google may be forced to overhaul their business practices. On Friday, a bipartisan group of members of the U.S. House of Representatives proposed four Antitrust Bills to control tech giants’ power. These five bills will make it more difficult for dominant platforms to complete mergers. Also, to prohibit them from owning …

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Tractable raises $60M to grow in accident recovery

An artificial intelligence startup company that developed computer vision tools to enable remote claims assessment is announcing a significant round of funding.  Tractable, a leading AI company, works with auto insurance companies.  When drivers get into an accident, Tractable allows them or their repairer to submit photos of damaged cars. The company’s AI analyzes them …

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