Search results for "tech giant"

Telco ambition put at risk by private cellular networks

The popularity of private cellular networks has increased among enterprises. There are now initiatives in 15 countries for businesses to deploy private networks according to the tech market advisory firm, ABI Research. This includes both arrangements for enterprises to obtain a spectrum from the regulator directly, as well as spectrum which is held by mobile […]

Uber considers buying Grubhub, according to newspaper report

NEW YORK (AP) — Uber is considering acquiring Grubhub in a deal that would give the companies control over a majority of the U.S. food delivery business, according to published reports. Ride-sharing and food delivery giant Uber Technologies Inc. approached Grubhub Inc. earlier this year with an all-stock takeover offer, The Wall Street Journal reported […]

Uber loses $2.9 billion, offloads bike and scooter business

By CATHY BUSSEWITZ Associated Press NEW YORK (AP) — Uber lost $2.9 billion in the first quarter as its overseas investments were hammered by the coronavirus pandemic, but the company is looking to its growing food delivery business and aggressive cost-cutting to ease the pain. The ride-hailing giant said Thursday it is offloading Jump, its […]

Amazon executive says he quit to protest employee firings

By JOSEPH PISANI AP Retail Writer NEW YORK (AP) — An Amazon executive said he quit his job at the online-retail giant to protest the firing of employees who spoke up about the conditions inside the company’s warehouses and its record on climate change. Tim Bray, a vice president at the company, wrote in a […]

House panel wants Bezos to testify in antitrust probe

By MARCY GORDON AP Business Writer WASHINGTON (AP) — House lawmakers investigating the market dominance of Big Tech are asking Amazon CEO Jeff Bezos to testify to address possible misleading statements by the company on its competition practices. In a letter to Bezos on Friday, leaders of the House Judiciary Committee from both parties are […]

Samsung expects profit decline as pandemic hits sales

SEOUL, South Korea (AP) — Samsung Electronics Co. said Wednesday its operating profit for the first three months of 2020 rose 3.4% from a year earlier driven by increasing demands for computer chips. However, the company predicted its profit would decline in the current quarter with the coronavirus pandemic eating into global sales of smartphones, […]

Australia to make Google and Facebook pay for news content

By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — Global digital platforms Google and Facebook will be forced to pay for news content in Australia, the government said Monday, as the coronavirus pandemic causes a collapse in advertising revenue. Treasurer Josh Frydenberg said the Australian Competition and Consumer Commission would release in late July draft […]

Facebook to warn users who 'liked' coronavirus hoaxes

By BARBARA ORTUTAY and AMANDA SEITZ Associated Press Facebook will soon let you know if you shared or interacted with dangerous coronavirus misinformation on the site, the latest in a string of aggressive efforts the social media giant is taking to contain an outbreak of viral falsehoods. The new notice will be sent to users […]

Ways that AI is helping the fight against COVID-19

Initial cases of COVID-19 were first declared in December 2019, in Wuhan, China. After four months, the virus has now been diagnosed in 167 countries and almost 140,000 people have died. The impact of the disease throughout the world will have unprecedented consequences for virtually all aspects of the global economy. The world seems to […]

NBC's Peacock launching in July with 'handful' of originals

By TALI ARBEL AP Technology Writer NBCUniversal says its video-streaming service Peacock will launch nationally in July as planned, even though just a handful of its original series will be ready. The service was meant to have a mix of originals, classic shows and movies, and current NBC programming like its late-night shows and “Law […]