AOL and Yahoo are being sold again, this time to a private equity firm. Wireless company Verizon will sell Verizon Media, which consists of the once-pioneering tech platforms, to Apollo Global Management in a $5 billion deal. Verizon said Monday that it will keep a 10% stake in the new company, which will be called […]
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Risky uses of artificial intelligence that threaten people’s safety or rights such as live facial scanning should be banned or tightly controlled, European Union officials said Wednesday as they outlined an ambitious package of proposed regulations to rein in the rapidly expanding technology. The draft regulations from the EU’s executive commission include rules for applications […]
As global vaccination regimes and stimulus programs begin to hit beleaguered populations, the worldwide economy licks its wounds and readies up for acceleration, following the profound halt caused by the pandemic. According to the International Monetary Fund (IMF), both factors mentioned will push growth to a record high this year in a powerful rebound from […]
When executives from Coca-Cola and Delta Air Lines spoke out against Georgia’s new voting law as unduly restrictive last week, it seemed to signal a new activism springing from corporate America. But if leaders of the nation’s most prominent companies are going to reject lawmakers who support restrictive voting measures, they will have to abruptly […]
Games based on established franchises (IP-based games) are on the rise. As we predicted in our Global Mobile Market Report, this rise is now especially apparent on the mobile—owing to the platform’s lower barriers to entry (compared to console and PC). There’s a reason why 2.7 million people play on mobile. In this article, we’ll […]
A senior Australian policeman suggested on Thursday a phone app be developed to document sexual consent in a bid to improve conviction rates in sex crime cases. New South Wales state Police Commissioner Mick Fuller said dating apps have brought couples together and the same technology could also provide clarity on the question of consent. […]
The Spanish government on Thursday announced legislation that classifies food delivery riders as employees of the digital platforms they work for, not self-employed, in a legal change that could have far-reaching consequences for Spanish businesses. The legislation also includes a groundbreaking requirement for companies operating the platforms, such as Glovo and Deliveroo, to hand over […]
Twitter has filed a lawsuit against Texas Attorney General Ken Paxton, claiming the Republican used his office to retaliate against it for banning the account of former President Donald Trump following the riot at the U.S. Capitol. Days after the deadly January insurrection, Paxton announced an investigation into Twitter and four other major technology companies […]
Not so long ago, Bitcoin had been the talk of the town within the tech circle, mainly due to the level of complexity in understanding its inner workings by the common consumer-base. Currently, however, Bitcoin has ignited a frenzy among anyone looking to make extra money on the side by either investing or mining the […]
Of the various social networking apps that have made it easier to stay connected amid the pandemic, one of the social platforms that stands out is Soul App; a Shanghai-based application has recently come to North America, Japan, and South Korea. The latest trend, such as the fast-growing Clubhouse app highlights an emerging social media […]