Search results for "tech giant"

Uber buys Postmates, ups delivery game in $2.65 billion deal

SILVER SPRING, Md. (AP) — Uber has widened its reach in the fiercely competitive delivery market by acquiring Postmates in a $2.65 billion all-stock deal, the company said Monday. The acquisition enables the ride-hailing giant to increase its delivery offerings at a time when the global pandemic has suppressed customers’ desire for rides while boosting […]

Australia invests more in cybersecurity solutions

Australians are becoming more and more connected online and the cybersecurity threats are growing dramatically. Cryptomining, Data spill, Denial of service, hacking, identity theft, malware, phishing-scam emails, ransomware, scams, and web shell malware were identified as common online security risks by the Australian Cybersecurity Center ASCS. In May 2020, Scam Watch-a website run by the […]

Starbucks latest to say it will pause social media ads

Starbucks is the latest company to say it will pause social media ads after a campaign led by civil rights organizations called for an ad boycott of Facebook, saying it doesn’t do enough to stop racist and violent content. Starbucks said Sunday that its actions were not part of the “#StopHateforProfit” campaign, but that it […]

Amazon looks to self-driving future by acquiring Zoox

NEW YORK (AP) — Amazon said Friday that it is buying self-driving technology company Zoox, which is developing an autonomous vehicle for a ride-hailing service that people would request on their phones. Seattle-based Amazon did not disclose how much it is paying for Zoox, which was founded six years ago in Foster City, California. Analysts […]

Facebook to label all rule-breaking posts - even Trump's

OAKLAND, Calif. (AP) — Facebook said Friday that it will flag all “newsworthy” posts from politicians that break its rules, including those from President Donald Trump. CEO Mark Zuckerberg had previously refused to take action against Trump posts suggesting that mail-in ballots will lead to voter fraud, saying that people deserved to hear unfiltered statements […]

Huawei’s UK R&D center given the go-ahead

Huawei might lose the United Kingdom 5G market but will never lose its reputation in the so-called hub for telecoms and technology. In 2019, Huawei submitted the first plan to build a Research and Development (R&D) center near Cambridge. On June 25, 2020, Huawei received the permission from Cambridge City Council to construct a 50,000 […]

Data privacy, other measures qualify for California ballot

SACRAMENTO, Calif. (AP) — California voters will weigh in this November on whether to expand a landmark data privacy law, alter a decades-old law that limits property taxes on businesses and exempt ride-hail giants Uber and Lyft from a new state labor law. They are among 11 measures Secretary of State Alex Padilla certified on […]

Singapore IMDA issues three licenses for 5G network

Despite the Covid-19 pandemic, the 5G rollout in Singapore is still on track. “It’s a long-term investment that reflects the confidence of Telecom in the economy. We’re talking about a license for 15 years, so it’s not about today, or tomorrow, or even next year” said S Iswaran, Minister for Communications. On June 24, 2020, […]