Computers have become amazingly precise at translating spoken words to text messages and scouring huge troves of information for answers to complex questions. At least, that is, so long as you speak English or another of the world’s dominant languages. But try talking to your phone in Yoruba, Igbo or any number of widely spoken […]
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European Union (EU) lawmakers backed a set of new rules on Wednesday directed at breaking down the authority of the Big Tech league in an unprecedented act to restrict their influence. The Digital Market Act (DMA) was structured to restrict limitations on these companies’ demeanor, in addition to imposing rules directed at their plans to […]
Shares fell in Asia on Friday after technology companies led Wall Street benchmarks lower as investors weighed the implications of higher interest rates, surging coronavirus cases and tensions between Beijing and Washington. Tokyo, Hong Kong, Shanghai declined, but shares rose in Sydney. U.S. shares dropped a day after the Federal Reserve said it’s preparing to […]
The European Union’s ambitious plan to update its pioneering internet rules gained momentum Tuesday after a key committee passed measures requiring technology companies to better police content and lawmakers prepared to vote on regulations to rein in Big Tech. The 27-nation bloc has for the past year been drafting a sweeping overhaul of regulations for […]
A critical vulnerability in a widely used software tool — one quickly exploited in the online game Minecraft — is rapidly emerging as a major threat to organizations around the world. “The internet’s on fire right now,” said Adam Meyers, senior vice president of intelligence at the cybersecurity firm Crowdstrike. “People are scrambling to patch,” […]
When looking at any timeline’s history, you will find a turning point along its development; either it propels the timeline into the next frontier or brings it to a screeching halt. Modern technology’s explosion into the data age was set in 2007. A year that set the tone for generations to come, birthing giants, affecting […]
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 […]
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 […]
With the exponentially mounting tension between the U.S. and China, and each powerhouse launching its own Big Tech regulation crusade against homegrown giants, the U.S., and Europe have finally concluded how to target legion’s ever-growing supremacy. Both continental forces have finally taken their final stance regarding American tech chiefs, with the European Union (EU) having […]
Google announced Tuesday plans to invest $750 million in Australia’s tech future in the upcoming five years, ten months after threats of pulling the search engine out of the country. This year has put the Big Tech giant’s affiliation with the Australian government under the spotlight, as Google threatened to extract its search engine from […]