Search results for "tech giants "

Apple reaches $2 trillion market value as tech fortunes soar

BERKELEY, Calif. (AP) — Apple has become the first U.S. company to boast a market value of $2 trillion as technology continues to reshape a world where smartphones are like appendages and digital services are like instruments orchestrating people’s lives. The iPhone maker reached the $2 trillion milestone in Wednesday’s early stock market trading when […]

As Trump digs in, will it be US versus China in tech?

NEW YORK (AP) — President Donald Trump’s bans on two popular Chinese social media apps — TikTok and WeChat — are the latest moves in an escalating U.S.-China rift, and point to a future where technology and innovation are increasingly walled behind political barriers. In China, the Communist Party has long limited what foreign tech […]

4 Big Tech CEOs getting heat from Congress on competition

WASHINGTON (AP) — Four Big Tech CEOs — Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, Sundar Pichai of Google and Tim Cook of Apple — are set to answer for their companies’ practices before Congress as a House panel caps its yearlong investigation of market dominance in the industry. The four command corporations with gold-plated brands, […]

Zuckerberg, Bezos, other tech CEOs testify on competition

WASHINGTON (AP) — Four Big Tech CEOs — Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, Google’s Sundar Pichai and Apple’s Tim Cook — will answer for their companies’ practices before Congress at a hearing Wednesday by the House Judiciary subcommittee on antitrust. The panel has conducted a bipartisan investigation over the past year of the tech […]

US targets $1.3 billion in French imports in tech tax clash

WASHINGTON (AP) — The Trump administration on Friday announced plans to impose taxes on $1.3 billion in French imports — hitting handbags and makeup but sparing cheese and wine — in retaliation for France’s digital services tax on U.S. technology giants. But the Office of the U.S. Trade Representative said the levies would be delayed […]

Apple, Google release technology for pandemic apps

>By MATT O’BRIEN AP Technology Writer Apple and Google on Wednesday released long-awaited smartphone technology to automatically notify people if they might have been exposed to the corona virus. The companies said 22 countries and several U.S. states are already planning to build voluntary phone apps using their software. It relies on Bluetooth wireless technology […]

5 areas in tech and telecoms that are still making gains

Economies around the world are being hit hard by the current crisis, however some sectors within the tech and telecoms industries may see gains from the current pandemic. Here are 5 areas that are likely to come out on top. 1. Cloud Computing This doesn’t really come as any surprise as cloud computing has been […]

Tech opportunities emerge in remote work culture

Are most institutions prepared for the growing trend of remote work culture? Do they have the technology to facilitate such a shift? Some institutions are already well ahead with remote working capabilities and have a strong system in place, whilst others, are not fully equipped for the change. The sudden switch to telecommuting en masse […]

Six rising tech companies you need to know about

Both business and public attitude towards Facebook and Google’s use of private and sensitive data is growing increasingly negative. Despite a multitude of privacy scandals, both continue develop more products to harness and sell personal information for a profit. Rising technology startups are now creating user-friendly products integrated with heightened privacy features in areas like […]