Search results for "big tech companies"

Novi, Facebook digital wallet sirens regulatory warning

Facebook launched on Tuesday its own digital wallet Novi to support decentralized currencies in collaboration with Coinbase and was faced with an urge from U.S. senators and lawmakers to cease the wallet’s pilot release, effective immediately.  One notion Facebook’s six-hour outage proved to us: the magnitude of our reliance on just one company. Facebook made […]

As Bitcoin goes mainstream, Wall Street looks to cash in

Love cryptocurrencies or hate the very idea of them, they’re becoming more mainstream by the day. Cryptocurrencies have surged so much that their total value has reached nearly $2.5 trillion, rivaling the world’s most valuable company, Apple, and have amassed more than 200 million users. At that size, it’s simply too big for the financial […]

Microsoft marks GITEX appearance with its innovative booth

As one of the Big Tech players, naturally, Microsoft UAE had to mark its presence during Dubai’s 2021 tech gala.Presenting one of the largest and most notable booths in GITEX, Microsoft designed it to host all its partners, as well as companies the giant is in collaboration with. Representing a variety of tech solutions, ranging […]

Spotify to generate ads on podcast, regulatory gaze fixates

Spotify’s rising success drives it to explore new horizons with generating ads on podcast for higher revenues, as Britain’s watchdogs direct their attention towards Europe’s streaming platforms, Reuters reports. “We are increasing our ads business marketing workforce by over 70 percent in Europe, Australia, and Canada … and that’s off a pretty sizable base,” Spotify’s head of […]

Facebook plans to hire 10,000 in Europe to build 'metaverse'

Facebook said it plans to hire 10,000 workers in the European Union over the next five years to work on a new computing platform that promises to connect people virtually but could raise concerns about privacy and the social platform gaining more control over people’s online lives. The company said in a blog post Sunday […]

FDA authorizes first e-cigarette, cites benefit for smokers

For the first time, the Food and Drug Administration on Tuesday authorized an electronic cigarette, saying the vaping device from R.J. Reynolds can help smokers cut back on conventional cigarettes. E-cigarettes have been sold in the U.S. for more than a decade with minimal government oversight or research. Facing a court deadline, the FDA has […]

Google enrolls in climate change fight

In its Next ’21 Experience platform, Google revealed on Tuesday its latest approach to empower energy sustainability with carbon footprint tools by unifying ecological expertise with major tech firms in the climate change fight. The tech giant unmasked its latest approach to fight against climate change. A systematic strategy that will help trace carbon footprint and emissions […]

Google vs Epic Games, the unbounded feud

Once more, Epic Games comes across another counterattack from a Big Tech player, Google. The search engine giant countersued on Monday the gaming firm under allegations of violating its contract by welcoming an additional payment system to overtake the Play Store’s payment systems and its 30 percent in-app purchase commission. To those who do not […]

As Shatner heads toward the stars, visions of space collide

“Risk is our business,” James T. Kirk once said. “That’s what this starship is all about. That’s why we’re aboard her.” More than a half-century later, the performer who breathed life into the fabled Enterprise captain is, at age 90, making that kind of risk his own business and heading toward the stars under dramatically […]

Amazon to allow employees to work remotely indefinitely

Amazon said Monday it will allow many tech and corporate workers to continue working remotely indefinitely, as long as they can commute to the office when necessary. The new policy was announced in a blog post and is a change from Amazon’s previous expectation that most employees would need to be in the office at […]