Search results for "tech giant"

Brazil's awaited 5G tender yields billions in investment

Brazil held its much-anticipated auction for build-out of the nation’s fifth-generation wireless network on Thursday, with the open question of whether China’s Huawei telecommunications company will be involved. The technology promises faster speeds, less lag when connecting to the network and the ability to connect more devices to the internet. But the ambitious auction also […]

Former Google AI researcher to join FTC

In the growing battle between federal agencies and the Big Tech league, the Federal Trade Commission (FTC) will welcome former Google AI researcher Meredith Whittaker to its force as a senior advisor on artificial intelligence (AI). The researcher revealed on Wednesday on Twitter that it will redirect its career path towards the governmental entity. Whittaker […]

Microsoft Mesh mixed reality joins metaverse league with Teams

Microsoft joins the metaverse legion by announcing Tuesday the development of a Microsoft Mesh Mixed Reality inside Teams by directly inserting virtual experience platform Mesh to endorse the integration of virtual spaces for consumers and business. The Big Tech titan revealed that following the overtake of the COVID-19 pandemic and the world’s shift towards remote […]

Yahoo pulls out of China, citing 'challenging' environment

Yahoo Inc. said Tuesday it has pulled out of China, citing an increasingly challenging operating environment. The withdrawal was largely symbolic, as many of the company’s services were already blocked by China’s digital censorship. But recent government moves to expand its control over tech companies generally, including its domestic giants, may have tipped the scales […]

Tencent’s $1.27 billion Sumo Group acquisition directs U.S. regulations

The U.S. national security panel has launched an examination into Tencent’s acquisition of UK-based gaming company Sumo Group, exposing the Chinese giant to ferocious scrutiny. Earlier in July, Tencent Holdings’ $1.27 billion acquisition of Sumo Group granted the conglomerate an 8.75 percent stake in the British company. Sumo is deemed a prominent video gaming maker […]

In the middle of a crisis, Facebook Inc. renames itself Meta

Like many companies in trouble before it, Facebook is changing its name and logo. Facebook Inc. is now called Meta Platforms Inc., or Meta for short, to reflect what CEO Mark Zuckerberg said Thursday is its commitment to developing the new surround-yourself technology known as the ” metaverse.” But the social network itself will still […]

Facebook rebrands as Meta to emphasize 'metaverse' vision

Facebook CEO Mark Zuckerberg said his company is rebranding itself as Meta in an effort to encompass its virtual-reality vision for the future, what Zuckerberg calls the “metaverse.” Skeptics point out that it also appears to be an attempt to change the subject from the Facebook Papers, a leaked document trove so dubbed by a […]

EU investigates Nvidia's purchase of chip designer Arm

European Union regulators opened an investigation Wednesday into graphics chipmaker Nvidia’s $40 billion purchase of chip designer Arm over concerns it would limit competition, adding to global scrutiny of the deal. The European Commission said it’s concerned the combined company would have the ability and incentive to restrict access to technology from United Kingdom-based Arm […]

Microsoft: Russian-backed hackers targeting cloud services

Microsoft said Monday the same Russia-backed hackers responsible for the 2020 SolarWinds breach continue to attack the global technology supply chain and have been relentlessly targeting cloud service companies and others since summer. The group, which Microsoft calls Nobelium, has employed a new strategy to piggyback on the direct access that cloud service resellers have […]

Facebook dithered in curbing divisive user content in India

Facebook in India has been selective in curbing hate speech, misinformation and inflammatory posts, particularly anti-Muslim content, according to leaked documents obtained by The Associated Press, even as the internet giant’s own employees cast doubt over its motivations and interests. Based on research produced as recently as March of this year to company memos that […]