Search results for "ban"

Washington Democratic Summit Looks to Control Authoritarian Surveillance Tech

The fueled tension between Washington and Beijing marched into new territory as the U.S. expressed plans on Thursday to take measures to curb exports of surveillance tech and a diversified list of innovations, used by governmental authorities to suppress human rights.  The Biden Administration’s soon to be occasioned initiative will be initiated with U.S. allied […]

China's Didi to leave US stock market amid tech crackdown

China’s dominant ride-hailing service, Didi Global Inc., said Friday it will pull out of the New York Stock Exchange and shift its share trading to Hong Kong as the ruling Communist Party tightens control over tech industries. Didi gave no explanation, but China’s leaders increasingly fret about who controls information gathered about its public by […]

Island turns into open-air lab for tech-savvy volcanologists

They come with eagle-eyed drones and high-precision instruments. Aided by satellites, they analyze gas emissions and the flows of molten rock. On the ground, they collect everything from the tiniest particles to “lava bombs” the size of watermelons that one of nature’s most powerful forces hurl as incandescent projectiles. Scientists from around the world are […]

US government sues to block $40 billion Nvidia-Arm chip deal

The Federal Trade Commission on Thursday sued to block graphics chip maker Nvidia’s $40 billion purchase of chip designer Arm, saying the deal would create a powerful company that could hurt the growth of new technologies. Nvidia Corp., based in Santa Clara, California, said in September 2020 that it was buying United Kingdom-based Arm Ltd. […]

'Buy now, pay later' catches on just in time for holidays

As Americans shop for the holidays, they will likely see a swarm of offers to get their gifts now but pay for them later in fixed monthly installments. Fueled by several hot Silicon Valley startups as well as a push by the big credit card companies, “buy now, pay later” is now available for purchasing […]

Money20/20 Successfully Re-Unites Global Fintech Community

Money20/20 today reports that more than 8,000 attendees, from over 2,500 companies participated at Money20/20 USA at The Venetian Resort, Las Vegas in late October. The event was a showcase for the fastest growing and most innovative fintech companies. This follows the hugely successful Money 20/20 Europe, held in Amsterdam in September, which hosted more […]

Biden tries to reassure on COVID as he sells spending plan

President Joe Biden on Tuesday went to Minnesota to pitch his completed infrastructure deal and a giant social spending bill that he’s still trying to get passed, but also found himself reassuring the nation he would fight the evolving COVID-19 threat without resorting to “shutdowns and lockdowns.” Biden met with students at Dakota County Technical […]

India’s Reliance Industries seek controlling stake in UK’s BT Group

Indian conglomerate Reliance Industries Ltd. (RIL) is assessing the possibility of bidding on British telecom titan, BT Group Plc., reported by the Economic Times. According to the report published by the news hub on Monday, Reliance is currently planning to place an unsought offer to obtain shares into the British telco, or as an alternative, to […]

India halts SpaceX’s Starlink plans, waits for license issuance

India has asked Musk’s aerospace company, SpaceX, to stop “booking/rendering” satellite internet services for its Starlink project until obtaining a license to carry out plans in the country, according to Reuters. SpaceX’s division registered in India as a business on November 1st and had already launched its pre-orders process, despite not getting the Indian government’s permission […]