Search results for "tech giant"

For Tech Giants, AI Like Bing and Bard Poses Billion-Dollar Search Problem

As Alphabet Inc looks past a chatbot flub that helped erase $100 billion from its market value, another challenge is emerging from its efforts to add generative artificial intelligence to its popular Google Search: the cost. Executives across the technology sector are talking about how to operate AI like ChatGPT while accounting for the high […]

Saudi Arabia Says Tech Giants to Invest More Than $9 Billion in Kingdom

Saudi Arabia has attracted more than $9 billion in investments in future technologies, including by U.S. giants Microsoft and Oracle Corp, which are building cloud regions in the kingdom, a government minister said on Monday. Saudi Minister of Communication and Information Technology Abdullah Alswaha said Microsoft will invest $2.1 billion in a global super-scaler cloud, […]

Tech Giants to Self-regulate in Reducing Harmful Content in New Zealand

Big tech companies agreed on Monday to reduce harmful online content in New Zealand, making a move that critics said dodged the alternative of government regulation. Meta Platforms Inc, Alphabet-owned Google, TikTok, Amazon.com Inc and Twitter had signed a code of practice, said Netsafe, a government-funded internet-safety group. The companies would follow the code as […]

Chinese Tech Giants Vow to Stop NFT Secondary Trading -State Media

Chinese tech giants including Tencent Holdings and Ant Group have signed a pact to stop the secondary trading of digital collectibles and “self-regulate” their activities in the market, Chinese state media reported on Thursday. The companies were among 30 firms and institutes that have agreed to the “Digital Collectible Industry Self-Discipline Development Initiative” in which […]

Tech Giants’ Fight Against Russia

The world’s Big Tech giants, Alphabet, Amazon, Meta, Apple, and Microsoft have played a vital role in tailoring the public’s opinion that the crisis between Russia and Ukraine was ignited. When the world was comprehending the sudden Russian invasion of Ukraine, the American tech industry’s leading tech companies were preparing to fight with Russia on […]

Meta and Other Tech Giants Form Metaverse Standards Body, Without Apple

Meta, Microsoft and other tech giants racing to build the emerging metaverse concept have formed a group to foster development of industry standards that would make the companies’ nascent digital worlds compatible with each other. Participants in the Metaverse Standards Forum include many of the biggest companies working in the space, from chip makers to […]

Chinese Tech Giant Tencent Pledges Carbon Neutrality by 2030

China’s Tencent Holdings Ltd said on Thursday it plans to have its operations and supply chain achieve carbon neutrality by the end of the decade. The company, whose businesses range from messaging app WeChat to games and cloud-based services, is also committing to using green power for 100 percent of its electricity use by 2030. […]

China's Cyber Watchdog Spells Out Development Strategies for Tech Giants

China’s cyberspace watchdog said a symposium it held with Chinese tech giants last month had given the industry a “clearer understanding” and more confidence in how to pursue development and opportunities as they adjust to a new regulatory landscape. The Cyberspace Administration of China said its official publication had carried out interviews with companies such […]