Search results for "tech giant"

Lawsuit accuses Google of giving Facebook "Ad Auctions Info”

Search giant Google was hit on Tuesday with yet another lawsuit concerning its questionable actions for conspiring with social media titan Facebook for giving “special information” for online advertising auctions. Two Massachusetts law firms accused Google of conspiring in illegal deals with Facebook to provide the social network with biased privileges in online advertising auctions. […]

Canadian justice lawyer: US didn't mislead in Huawei arrest

There is no evidence to support defense allegations the U.S. acted in bad faith or omitted evidence in an attempt to mislead an extradition hearing for a top executive at Chinese communications giant Huawei Technologies, a Canadian government lawyer said Thursday. The argument came in a hearing for Meng Wanzhou, who is Huawei’s chief financial […]

Lawyers for Huawei CFO argue US 'strategically crafted' case

Lawyers for a senior Huawei executive argued in a Canadian court Wednesday that the United States “strategically crafted” a misleading record of the fraud case against her and acted “in bad faith” when presenting reasons she should be extradited. Huawei Technologies Chief Financial Officer Meng Wanzhou, who is the daughter of the company’s founder, was […]

Your palm print is worth $10 according to Amazon

The retail and cloud giant is offering $10 in credit if you enroll your palm print in its checkout-free stores and link it to back to your profile.   Amazon introduced its new biometric palm print scanners, Amazon One, last year. Customers were able to purchase their desired products in specific stores by waving their palm prints over one of these scanners.   By February, the company branched out its palm scanners […]

Tencent shares tank by 10% after China media attack

Some of China’s biggest gaming firms experienced a 10 percent decline in shares on Tuesday, after being labelled as “spiritual opium” by a state-owned media outlet. China’s largest social media and video games firm Tencent recorded a plunge of 10 percent during early trade, while NetEase lost as much as 14 percent in Hong Kong; […]

Didi pushes back on IPO rumors

Famous Beijing-based giant Didi denied any allegations of plans to go private in a bid to satisfy the Chinese government amidst latest regulations concerning users’ data security.   After the Wall Street Journal released a report discussing the possibility of Didi going private, the ride-hailing app’s shares increased by approximately 50 percent in Thursday’s pre-market trade.  The company has been targeted by Beijing regulators ever […]

Google’s 2021 Q2 soars as antitrust grip tightens

Google’s parent company Alphabet Inc, recorded on Tuesday a rising profit in second quarter revenue, despite heated antitrust regulations and prosecutions, the search giant marked its highest mark so far of quarterly revenue. Amidst the latest antitrust cold war between Big Tech companies and Washington in the last quarter, Google and Alphabet Inc. tallied in […]

Bitcoin jumps on speculation that Amazon considering crypto

Bitcoin’s price surged again Monday after speculation that Amazon may be entering the cryptocurrency sector after it posted a job seeking a “digital currency and blockchain product lead.” Bitcoin jumped more than 14% in the past 24 hours, nearly reaching $40,000 per unit before settling closer to $37,000. The five-week intra-day high reached Monday comes […]

Virgin Media O2 selects Ericsson 5G core to power 5G SA

U.K.- based Virgin Media O2 (VMO2) announced on Monday its collaboration with Swedish Telecom vendor Ericsson to supply cloud native, container-based dual-mode 5G core technology. This step will pave the way for VMO2 to deliver ultra-fast connectivity to consumers and develop advanced enterprise use cases. According to the agreement, VMO2 will bring its 4G, 5G […]

MTN expands it 5G network coverage in South Africa

South African telecom giant MTN Group announced on Thursday that it expanded its 5G network coverage, within northern provinces of the country in Polokwane and Witbank. The company deployed 5G towers despite uncertainty regarding the allocation of new spectrum. “MTN is making strides with its 5G technology rollout strategy,” said Kagiso Moncho, MTN general manager […]