Groundbreaking legislation is advancing in Congress that would curb the market power of tech giants Facebook, Google, Amazon and Apple and could force them to untie their dominant platforms from their other lines of business. Hostility toward Big Tech has grown in recent years with the belief that its size and swagger have stifled competition, […]
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The Blockchain technology Market in the Telecom Industry was valued at $157.9 million in 2020 and is expected to reach $2759.8 million by 2026, registering a CAGR of approximately 61.45 percent over the forecast period (2021 – 2026). The onset of the pandemic has highlighted the criticality of telecom infrastructure. The global health emergency is […]
The European Union’s move on Tuesday to investigate Google over alleged antitrust behavior in the digital ad tech sector is the bloc’s latest crackdown on U.S. tech giants. Here’s a look at enforcement actions taken by the EU’s competition commissioner, Margrethe Vestager, in recent years, as well as actions by U.S. antitrust regulators and states. […]
Without speaking a word or scratching a pen across paper, President Joe Biden drove up the pressure on Big Tech companies already smarting under federal and congressional investigations, epic antitrust lawsuits and near-constant condemnation from politicians of both parties. Biden last week elevated a fierce critic of Big Tech, antitrust legal scholar Lina Khan, to […]
Millions of Nigerians were unable to access Twitter Saturday after the government enforced an indefinite suspension of the microblogging platform’s operations in Nigeria. The Association of Licensed Telecommunication Operators of Nigeria said in a statement that its members have suspended access to Twitter in compliance with a government directive to do so. The Nigeria government […]
Twitter on Thursday said it is worried about the safety of its staff in India and called for the government to respect freedom of expression, days after Indian police visited its office in New Delhi over its labeling of a tweet by a governing party spokesman as “manipulated media.” Twitter has been involved in a […]
Facebook’s stock jumped Wednesday into record territory after the social media giant reported stronger-than-expected results for the first quarter thanks to soaring ad revenue. CEO Mark Zuckerberg said the extra money means the company will invest more in new areas of potential growth — including augmented and virtual reality, commerce, business messaging and content creators, […]
Online migration has been at the center of the worldwide news cycle since the COVID-19 outbreak, with companies and institutions from almost every walk of life taking their business to the digital realm. The societal impact of technology’s rapid acceleration caused by the pandemic will raise and answer many questions regarding how humans will choose […]
Facebook announced Monday plans to assist in informing the public about COVID-19 vaccine options, vaccinations sites, and related information, using a vaccine finder tool and other features. “We’re launching a global campaign to help bring 50 million people a step closer to getting COVID-19 vaccines,” said Mark Zuckerberg, company founder and CEO, in a press […]
India on Thursday rolled out new regulations for social media companies and digital streaming websites to make them more accountable for the online content shared on their platforms, giving the government more power to police it. The Information Technology Ministry said the new regulations would require social media platforms like Facebook and Twitter to swiftly […]