Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, citing environmental concerns. “We are concerned about rapid increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel,” Musk said on Twitter. He added that cryptocurrency is a […]
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Many of us were taught to share as kids. Now streaming services ranging from Netflix to Amazon to Disney+ want us to stop. That’s the new edict from the giants of streaming media, who are hoping to discourage the common practice of sharing account passwords without alienating subscribers who’ve grown accustomed to the hack. Password […]
Popular Chinese video-sharing app TikTok announced earlier last week that it has joined the Technology Coalition, an organization that works to protect children from online sexual exploitation and abuse. The social media mammoth joins a setlist of Big Tech names enrolled in the organization such as Adobe, Amazon, Apple Inc., Discord, Dropbox, Google, Microsoft, Facebook […]
In the latest setback to European Union efforts to tackle corporate tax avoidance, a court on Wednesday annulled a ruling by the European Commission that a tax deal between the Luxembourg government and Amazon amounted to illegal state support. The EU’s executive branch ordered the U.S. online retailer in 2017 to pay around 250 million […]
Several of the world’s largest tech companies including Apple, Microsoft, Amazon, and Google have teamed up with chipmakers such as Intel to announce the formation of a new lobbying group to pressure the U.S. government for chip manufacturing subsidies. The lobbying group – dubbed the Semiconductor in America Coalition (SIAC) – have called on congressional […]
Telcos have evolved from merely supplying their customers with telephony or broadband services, but also look to provide a setlist of Internet-based services such Pay TV. While this offering has brought providers with new sources of revenue, during 2020, these services slumped with telco revenues totaling $1.53 trillion in 2020, representing flat year-over-year growth, according […]
Kuwait telecoms giant STC announced earlier last week the successful commercialization step of implementing 5G Stand Alone (5G SA). The milestone is considered to be the second and most disruptive development of the comprehensive 3GPP 5th generation compliant network. STC also successfully accomplished the widest scale of 5G deployment coverage on Sub-3GHz and 2.1GHz amongst […]
The card that millions of people use to prove their identity to everyone from police officers to liquor store owners may soon be a thing of the past as a growing number of states develop digital driver’s licenses. With the advent of digital wallets and boarding passes, people are relying more on their phones to […]
Popular drop-in audio app Clubhouse announced on Sunday that it will finally be available for Android users on the Google Play Store as of today in the U.S. and then followed by other English-speaking countries and then the rest of the world, the company said in a statement. Many analysts consider the move – which […]
If Epic Games hopes to dismantle the fortress surrounding Apple’s iPhone and its app store, the video game maker probably will need to roll out some heavier artillery heading into the second week of a trial threatening Apple’s $2 trillion empire. So far, at least, Epic has been having trouble proving its allegations that the […]