Search results for "ban"

Chinese regulator orders Ant Group to conduct major overhaul

Chinese regulators have ordered Ant Group, a financial affiliate of e-commerce giant Alibaba Group Holding, to become a financial holding company to ease financial oversight amid stepped up scrutiny of technology firms. In a meeting Monday, the central bank and other financial regulators also ordered Ant to cease anti-competitive behavior in its payments business and […]

FCC makes speed test app available

The U.S. Federal Communications Commission is offering a speed test app to the public for measuring their broadband speed. The app provides a way for consumers to test the performance of their mobile and in-home broadband networks.  In addition to showing network performance test results to the user, the app provides the test results to […]

Tencent Cloud launches its first Internet data center in Indonesia

Tencent Cloud, the cloud division of Shenzhen-based tech giant Tencent, announced Sunday the launching of its first Internet Data Center (IDC) in Indonesia to meet the growing regional demand for cloud services. With the opening of its Jakarta center, Tencent Cloud adds to its global footprint with an infrastructure network that now spans across 27 […]

Facial recognition for payments to reach 1.4 billion users by 2025

Contactless payments have been one of FinTech’s most prized innovation, silently growing in popularity within all types of commerce and shopping, with the pandemic skyrocketing its adoption across the board. As such, facial recognition for payments is on track to become the new norm of payment methods as the number of users of software-based facial […]

COVID-19 vaccines boost consumer confidence across the board, IBM study finds

IBM’s consumer survey released Thursday adds to the growing amount of data showing optimism as the world slowly emerges from the pandemic. The study shows that global consumer confidence is high, “with more than half of respondents surveyed saying that they expect COVID-19 vaccines to keep them protected,” the company said. According to IBM’s study […]

EXPLAINER: Starving for more chips in a tech-hungry world

As the U.S. economy rebounds from its pandemic slump, a vital cog is in short supply: the computer chips that power a wide range of products that connect, transport and entertain us in a world increasingly dependent on technology. The shortage has already been rippling through various markets since last summer. It has made it […]

Fed's Powell: US nears full reopening to 'different economy'

The U.S. economy, boosted by quickening vaccinations and signs of rapid hiring, is headed toward a strong recovery, Federal Reserve Chair Jerome Powell said Thursday. But he cautioned that not all will immediately benefit. “There are a number of factors that are coming together to support a brighter outlook for the U.S. economy,” Powell said […]

EXPLAINER Courtroom technology on display in Chauvin trial

The foundation of the case against the former Minneapolis police officer charged with killing George Floyd is a mountain of video evidence, but presenting that to jurors isn’t as easy as pushing play. Over and over, prosecutors have shown video from surveillance cameras, bystanders’ cellphones and police body and dash cameras, and have asked witnesses […]

Muslim civil rights group sues Facebook over hate speech

A civil rights group is suing Facebook and its executives, saying CEO Mark Zuckerberg made “false and deceptive” statements to Congress when he said the giant social network removes hate speech and other material that violates its rules. The lawsuit, filed by Muslim Advocates in Washington, D.C., Superior Court on Thursday, claims Zuckerberg and other […]