A federal judge on Monday dismissed antitrust lawsuits brought against Facebook by the Federal Trade Commission and a coalition of state attorneys general, dealing a significant blow to attempts by regulators to rein in tech giants. U.S. District Judge James Boasberg ruled Monday that the lawsuits were “legally insufficient” and didn’t provide enough evidence to […]
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Groundbreaking legislation is advancing in Congress that would curb the market power of tech giants Facebook, Google, Amazon and Apple and could force them to untie their dominant platforms from their other lines of business. Hostility toward Big Tech has grown in recent years with the belief that its size and swagger have stifled competition, […]
The Blockchain technology Market in the Telecom Industry was valued at $157.9 million in 2020 and is expected to reach $2759.8 million by 2026, registering a CAGR of approximately 61.45 percent over the forecast period (2021 – 2026). The onset of the pandemic has highlighted the criticality of telecom infrastructure. The global health emergency is […]
One of Rembrandt van Rijn’s biggest paintings just got a bit bigger. A marriage of art and artificial intelligence has enabled Amsterdam’s Rijksmuseum to recreate parts of the iconic “Night Watch” painting that were snipped off 70 years after Rembrandt finished it. The printed strips now hang flush to the edges of the 1642 painting […]
El Salvador’s president says use of the cryptocurrency Bitcoin will not be mandatory, but the country is planning to give out starter accounts with $30 to promote its use. Finance Minister Alejandro Zelaya said Thursday the government will allocate $120 million to establish as many as 4 million starter Bitcoin accounts, or “wallets,” though he […]
John McAfee, the outlandish security software pioneer who tried to live life as a hedonistic outsider while running from a host of legal troubles, was found dead in his jail cell near Barcelona on Wednesday. His death came just hours after a Spanish court announced that it had approved his extradition to the United States […]
The COVID-19 pandemic hit Italy especially hard, killing more than 127,000 people and sending the European Union’s third-largest economy into a devastating tailspin. Yet out of that tragedy may come solutions for decades-old problems that have held back growth and productivity — and with them, a new sense of stability for the euro, the currency […]
The European Union’s move on Tuesday to investigate Google over alleged antitrust behavior in the digital ad tech sector is the bloc’s latest crackdown on U.S. tech giants. Here’s a look at enforcement actions taken by the EU’s competition commissioner, Margrethe Vestager, in recent years, as well as actions by U.S. antitrust regulators and states. […]
The shift to remote working has forced many organizations to rethink whether an employee’s proximity to the office should still be a key factor for certain roles. In theory, technology allows us to work from anywhere in the world, but just how easy is it to manage a global workforce? According to analyst company Gartner, […]
Without speaking a word or scratching a pen across paper, President Joe Biden drove up the pressure on Big Tech companies already smarting under federal and congressional investigations, epic antitrust lawsuits and near-constant condemnation from politicians of both parties. Biden last week elevated a fierce critic of Big Tech, antitrust legal scholar Lina Khan, to […]