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Apple warns of slow supply demand chain

As the chip shortage crisis takes a new universal form, and while the world recovers from a crippling pandemic, Big Tech giant Apple seems to be suffering from collateral damage affecting its supply and demand chain for its iPhone 13 lineup. As reported by Bloomberg, the news hub revealed that the iOS developer asked component manufacturers to […]

Meta uncovers global disinformation battle; Congress talks 230 reforms

As governmental entities abuse social media platforms’ influence on a universal scale, Facebook released on Wednesday a report highlighting its takedown on global disinformation networks promoting false information to manipulate the public’s opinion. One thing the January 6 Capitol riot uncovered is that social media platforms, especially Facebook, have an influential effect on shaping the […]

'Buy now, pay later' catches on just in time for holidays

As Americans shop for the holidays, they will likely see a swarm of offers to get their gifts now but pay for them later in fixed monthly installments. Fueled by several hot Silicon Valley startups as well as a push by the big credit card companies, “buy now, pay later” is now available for purchasing […]

Haugen urges lawmakers to avert impasse on social media laws

Ex-Facebook employee and whistleblower Frances Haugen implored lawmakers Wednesday to avert the usual congressional stalemates as they weigh proposals to curb abuses on social media platforms by limiting the companies’ free-speech protections against legal liability. Still, Haugen urged caution in making changes to the 1996 law that provides legal protection both for content the platforms […]

Facebook: Fake scientist used to spread anti-US propaganda

A disinformation network with ties to China used hundreds of fake social media accounts — including one belonging to a fictitious Swiss biologist — to spread an unfounded claim that the U.S. pressured scientists to blame China for the coronavirus, Facebook said Wednesday. The company based in Menlo Park, California, did not directly attribute the […]

Semiconductor crisis to last till early 2023, Deloitte reports

Consulting firm, Deloitte, released on Wednesday its latest report addressing the ongoing global semiconductor crisis, with predictions of the crunch to last till early 2023. Deloitte’s research stated that even though the chip shortage crisis’ intensity will be far less severe than it is now, chances are customers will wait around 10 to 20 weeks for a […]

Money20/20 Successfully Re-Unites Global Fintech Community

Money20/20 today reports that more than 8,000 attendees, from over 2,500 companies participated at Money20/20 USA at The Venetian Resort, Las Vegas in late October. The event was a showcase for the fastest growing and most innovative fintech companies. This follows the hugely successful Money 20/20 Europe, held in Amsterdam in September, which hosted more […]

Congress to hold a hearing to amend Section 230

Facebook whistleblower France Haugen is once again asked to testify to Congress on December 1, as a subcommittee will uphold a hearing to address future “targeted reforms” and to amend Section 230 of The Communications Decency Act. The leading directive force of the hearings will be the House Energy and Commerce subcommittee on communications and […]

How telcos can digitalise their services for the demands of tomorrow

Retail giants Amazon, Aldi and Tesco are trialing checkout-free stores in the UK, where customers can conveniently grab their shopping and leave the store without visiting a cashier. It’s clear that consumers today expect intuitive digital services as standard — and supermarkets aren’t the only ones who should listen. The COVID-19 pandemic has accelerated digitalisation […]

UK to block Facebook parent Meta’s $315M acquisition of Giphy

It is expected that the UK’s Competition and Markets Authority (CMA) will reverse Facebook parent company Meta’s purchase of Giphy in the coming days, according to the Financial Times.  If that happens, it will mark the first time that the country’s competition regulator has unraveled a major tech acquisition. Meta (Facebook previously) announced in May […]