Search results for "big tech companies"

WhatsApp sues Indian government over new internet rules

The messaging app WhatsApp has sued the Indian government seeking to defend its users’ privacy and stop new rules that would require it to make messages “traceable” to external parties. WhatsApp filed the lawsuit Wednesday in the Delhi High Court. It is arguing that the government rules regarding the traceability of messages are unconstitutional and […]

ByteDance CEO steps down, raising questions over government involvement

Shock and surprise were the predominant emotions bustling through ByteDance employees when their softly spoken founder Zhang Yiming announced that he will be stepping down as CEO of what has been described to be the world’s biggest unicorn. Zhang – a 38-year-old billionaire estimated by Forbes to have a net worth of $35.6 billion – […]

Daimler Truck says batteries, hydrogen are the future

The world’s largest truck and bus maker is charting an ambitious zero-emission future and says it’s not that far off – despite higher costs and the current lack of support infrastructure. Daimler AG’s truck division says it plans to shift most of its vehicle development resources to zero-emission vehicles by 2025 and predicts that battery […]

EXPLAINER: Why has the price of Bitcoin been falling?

Even by Bitcoin’s standards, Wednesday was pretty wild. The price of the famously volatile digital currency fell nearly 30% at one point after the China Banking Association warned member banks of the risks associated with digital currencies. The decline narrowed to below 10% in the afternoon, but Bitcoin had still lost about $70 billion in […]

US joins global push against violent extremism online

Two years after a white supremacist in New Zealand livestreamed the slaughter of 51 Muslim worshippers on Facebook, French President Emmanuel Macron says the internet continues to be be used by terrorists as a weapon to propagate hate. Macron and other leaders from tech giants and governments around the world — including the U.S. for […]

Online speech shield under fire as Trump Facebook ban stays

Lurking beneath Facebook’s decision on whether to continue Donald Trump’s suspension from its platform is a far more complex and consequential question: Do the protections carved out for companies when the internet was in its infancy 25 years ago make sense when some of them have become global powerhouses with almost unlimited reach? The companies […]

Facebook board's Trump decision could have wider impacts

Since the day after the deadly Jan. 6 riots on the U.S. Capitol, former President Donald Trump’s social media accounts have been silent — muzzled for inciting violence using the platforms as online megaphones. On Wednesday, his fate on Facebook, the biggest social platform around, will be decided. The company’s quasi-independent Oversight Board will announce […]

Verizon sells internet trailblazers Yahoo and AOL for $5B

AOL and Yahoo are being sold again, this time to a private equity firm. Wireless company Verizon will sell Verizon Media, which consists of the once-pioneering tech platforms, to Apollo Global Management in a $5 billion deal. Verizon said Monday that it will keep a 10% stake in the new company, which will be called […]

Sony, Discord team up to bring chat-app to PlayStation

Sony Interactive Entertainment and Discord announced on Monday a partnership that will see the popular gaming-focused chat app integrated within the PlayStation’s in-house social tools, both companies said in a joint statement. While the brief announcement didn’t specify the nature of the partnership, it highlighted a promise to “bring the Discord and PlayStation experiences closer […]