Search results for "big tech companies"

Your palm print is worth $10 according to Amazon

The retail and cloud giant is offering $10 in credit if you enroll your palm print in its checkout-free stores and link it to back to your profile.   Amazon introduced its new biometric palm print scanners, Amazon One, last year. Customers were able to purchase their desired products in specific stores by waving their palm prints over one of these scanners.   By February, the company branched out its palm scanners […]

Tencent shares tank by 10% after China media attack

Some of China’s biggest gaming firms experienced a 10 percent decline in shares on Tuesday, after being labelled as “spiritual opium” by a state-owned media outlet. China’s largest social media and video games firm Tencent recorded a plunge of 10 percent during early trade, while NetEase lost as much as 14 percent in Hong Kong; […]

Luxembourg’s CNPD fined Amazon for $888 million

Luxembourg National Commission for Data Protection (CNPD) penalized on July 16 e-commerce titan Amazon with a roaring $888 million fine over allegations of violating EU’s data protection laws. The decision came against Amazon Europe Core under the pretense that Amazon is processing customer personal data. The verdict is based on a 2018 complaint by French […]

Why the telecom business needs scriptless testing with AI

Telecoms companies are under ever-increasing pressure to release quickly. One of the biggest obstacles, however, is testing. How does testing keep up with the demand for secure, bug-free software, especially with the proliferation of devices? Automated continuous testing has addressed some of the challenges, but also created new ones. Now, recent innovations in scriptless technology […]

Climate bid faces tricky path over money for electric cars

The bipartisan compromise on infrastructure cuts in half President Joe Biden’s call for $15 billion to build 500,000 electric vehicle charging outlets, raising the stakes as the administration seeks to win auto industry cooperation on anti-pollution rules to curb climate change. The Senate legislation provides $7.5 billion in federal grants to build a national network […]

Facebook profits top $10B as its CEO exalts the 'metaverse'

Concerns about a revenue growth slowdown pushed Facebook’s shares lower in after-hours trading Wednesday, not long after the company reported that its second-quarter profits doubled thanks to a massive increase in advertising revenue. But CEO Mark Zuckerberg set his sights far beyond the second half of 2021, exalting what he sees as the next phase […]

Uber shares drop as Softbank plans to sell 45 million in stakes

Uber shares tumbled on Wednesday with more than 4.5 percent in extended trading, following a report stating that SoftBank is selling around $2 billion worth of shares, in a definitive attempt to recover from lost bets on Didi and other investments. Japanese telecommunications and technology multinational conglomerate Softbank is selling a whopping 44 million shares […]

Google delays return to office, mandates vaccines

Google is postponing a return to the office for most workers until mid-October and rolling out a policy that will eventually require everyone to be vaccinated once its sprawling campuses are fully reopened. The more highly contagious delta variant of the coronavirus is driving a dramatic spike in COVID-19 cases and hospitalizations. Google’s Wednesday announcement […]

PayPal, ADL announce initiative against criminal funding

In PayPal’s most recent efforts to fight racism and extremism across the industry, the financial gateway partners up with the Anti-Defamation League to investigate how extremists adopt financial platforms to fund their activity.   PayPal and Anti-Defamation League’s (ADL) atypical collaboration initiates the first step to divert focus towards the importance of recognizing how extremists are leveraging financial platforms for criminal funding.  The initiative will be guided […]