Search results for "big tech companies"

Spyware find highlights depth of hacker-for-hire industry

Security researchers said Thursday they found two kinds of commercial spyware on the phone of a leading exiled Egyptian dissident, providing new evidence of the depth and diversity of the abusive hacker-for-hire industry. One piece of malware recently found on an iPhone belonging to Ayman Nour, a dissident and 2005 Egyptian presidential candidate who subsequently […]

U.S. expands Chinese firms’ blacklist; Uber to sell Didi shares

In a Financial Times report released on Wednesday, the U.S. publicized intentions of intensifying its grip on Chinese firms by expanding its blacklist to include commercial drone maker DJI as well as several biotech firms. The report caused shares of Chinese healthcare and technology firms to drop as investors shudder with worry from the news’ […]

Amazon, OSHA promise review after tornado wrecks warehouse

The federal Occupational Health and Safety Administration said Monday it has opened an investigation into the collapse of an Amazon warehouse in Edwardsville, Illinois, after it was struck by a tornado on Friday, leaving six people dead and another hospitalized. OSHA inspectors, who have been at the site since Saturday, will look into whether workplace […]

Stocks end higher, closing out best week since February

Technology companies led a rally on Wall Street that powered the S&P 500 to an all-time high and gave the index its best weekly gain since February. The S&P 500 rose 1%, enough to recoup its losses from a day earlier. The benchmark index closed higher four of the last five days, finishing 3.8% higher […]

Crypto execs head to Capitol as Congress mulls regulations

Cryptocurrency executives went to Capitol Hill Wednesday to say their fast-growing industry understands more regulation is likely coming, but they don’t want it to squelch the next wave of the internet or send it offshore to other countries. Leaders from major crypto exchanges, mining and other related businesses testified for four-and-a-half hours before the financial […]

Major outage at Amazon disrupts businesses across the US

A major outage in Amazon’s cloud computing network Tuesday severely disrupted services at a wide range of U.S. companies for more than five hours, the latest sign of just how concentrated the business of keeping the internet running has become. The incident at Amazon Web Services mostly affected the eastern U.S., but still impacted everything […]

Instagram Launches Tool Urging Teens to Take a Break

Instagram on Tuesday launched a feature that urges teenagers to take breaks from the photo-sharing platform and announced other tools aimed at protecting young users from harmful content on the Facebook-owned service. The previously announced “Take A Break” feature encourages teens to stop scrolling if they have been on the social media platform for a […]

US government sues to block $40 billion Nvidia-Arm chip deal

The Federal Trade Commission on Thursday sued to block graphics chip maker Nvidia’s $40 billion purchase of chip designer Arm, saying the deal would create a powerful company that could hurt the growth of new technologies. Nvidia Corp., based in Santa Clara, California, said in September 2020 that it was buying United Kingdom-based Arm Ltd. […]

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 […]