Search results for "big tech companies"

Startups Spring from Ashes of Big Tech Purge

Nic Szerman lost his job at Meta Platforms in November, just two months after joining full-time, falling victim to a sweeping 13% reduction of its workforce as the advertising market cratered. Days later he was back working, seeking investment for his own company Nulink, a blockchain-based payment company, and sent pitches to startup accelerator Y […]

Composable Enterprise: Not Just a Question of Technology for Telcos

Although it is frequently considered just a technical and infrastructure initiative, transforming it into a composable enterprise affects the entire company. People need to remember how important the human factor is for the success of such digitalization initiatives. Only if employees actively support and use the new technologies can they fully exploit their advantages. Ensuring […]

India Panel Recommends Digital Competition Act to Rein in Big Tech

An Indian parliamentary panel on Thursday recommended the government enact a digital competition act to regulate anti-competitive business practices by Big Tech companies on its platforms. Prime Minister Narendra Modi’s government has had strained relations with many large technology companies, and New Delhi has been tightening the regulation of firms such as Facebook, YouTube and […]

Big Oil Does Little to Act on Climate Despite Vows -U.S. House Panel

Major energy companies are not doing enough to prevent the worst effects of climate change despite public promises to fight the problem, a U.S. House panel said about documents released on Friday that it got in a probe. Democrats on the House Committee on Oversight and Reform subpoenaed major oil executives for the documents, which […]

The Tech Bubble Bursting and Its Consequences

People worry that the ‘tech bubble‘ will likely burst right in front of them. Rightfully so.  This year, tech shares are down more than 30 percent, and private firms are experiencing confidence-shattering down rounds.  In contrast, cryptocurrency exchanges like Celsius declare bankruptcy as prices of cryptocurrencies plummet. And FTX is taking the whole crypto market […]

Chip Giant Taiwan Eyes Bigger Tax Breaks for Tech R&D to Retain Competitive Edge

Taiwan on Thursday proposed larger tax breaks for technology companies’ research and development (R&D), seeking to retain its leading position in semiconductor manufacturing as other countries offer billions to bolster their chip industries. The economy ministry said it is imperative for Taiwan to remain competitive as countries including the United States, Japan and South Korea […]

Web3, 5G, and the Metaverse: The Underlying Technology 

A new internet age where content is consumed through intuitive 3D surroundings rather than 2D displays appears to have begun with the development of strong 5G networks, new XR gadgets, and appealing metaverse apps. We will discuss the relationship between Web3, 5G, and the Metaverse below.  Before we dive into the meat of the subject, […]

Softbank Shares Tumble After Vision Fund Reports Another Big Loss

Shares in Japan’s SoftBank Group Corp plunged on Monday after the company reported a heavy loss at its Vision Fund investment arm for a third consecutive quarter. The shares sank 13 percent in early afternoon trade – heading for their biggest one-day loss in more than two and a half years. Analysts said, however, that […]

The Pandemic Fallout: Covid-19's Impact on Medtech

In December 2019, Covid-19 took the world by storm as it rampaged across the earth. Originating from Wuhan, China, the virus damaged life as we knew it. It hindered the economy across all sectors, notably the medical field, from supply shortages to patient care quality declining. The pandemic fallout centered mainly around the medical sector […]

Reflecting On Technologies Ethical Dilemmas

Humanity is taking leaps in technology at a rapid pace. Each day we are advancing more than the day before, but with such a tremendous technological dawn happening, it paves the way for technologies ethical dilemmas to happen. Such dilemmas face humanity as we ponder our existence among such technological revolutions. As we reflect on […]