Search results for "big tech companies"

The subtle rise of a China, U.S. tech cold war

Stakes have been mounting between two of the world’s major superpowers; however, the matter has shied away from ideologies and nuclear weapons and has moved matters into a realm etched into the very fabric of our everyday life: technology. Noticeably everything sharply ignited by former U.S. president Donald Trump’s blacklisting of Chinese tech titan Huawei […]

Biden: US damage appears minimal in big ransomware attack

President Joe Biden said Tuesday that damage to U.S. businesses in the biggest ransomware attack on record appears minimal, though information remained incomplete. The company whose software was exploited said fewer than 1,500 businesses worldwide appeared compromised but cybersecurity experts caution that the incident isn’t over. Also Tuesday, a security researcher who chatted online with […]

EXPLAINER: Why China is investigating tech firms like Didi

Chinese regulators have clamped down on the country’s largest ride-hailing app, Didi Global Inc., days after its shares began trading in New York. Authorities told Didi to stop new registrations and ordered its app removed from China’s app stores pending a cybersecurity review. The government said it was acting to prevent security risks and protect […]

Pandemic-era Mobile World Congress tech fair kicks off

A major wireless technology trade fair kicked off in Barcelona on Monday with scaled-back attendance and beefed-up health and safety measures, changes that reflect the new reality for industry conventions in the pandemic era. Mobile World Congress was canceled at the last minute last year because of COVID-19 concerns. Its 2021 revival makes it one […]

Break them up? 5 ways Congress is trying to rein in Big Tech

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, […]

From Biden to Congress, Big Tech is under mounting pressure

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 […]

How Big Tech created a data 'treasure trove' for police

When U.S. law enforcement officials need to cast a wide net for information, they’re increasingly turning to the vast digital ponds of personal data created by Big Tech companies via the devices and online services that have hooked billions of people around the world. Data compiled by four of the biggest tech companies shows that […]

Florida law seeks to rein in large social media companies

Republican Florida Gov. Ron DeSantis signed a bill on Monday that seeks to punish social media platforms that remove “conservative ideas” from their sites, though it is not clear if it would pass constitutional muster because it might violate the First Amendment. The new law will enable the state to fine large social media companies […]

Telefónica Tech, Siemens collaborate on smart buildings infrastructure

Spanish telecoms giant Telefónica announced last week that it’s teaming up with Siemens España to deliver a combination of services and solutions tailored toward smart buildings and cities. Both companies will join to present a far-reaching value proposition that includes everything from energy efficiency and user experience to connectivity, security, and data analysis at a […]

EU healthtech surges forward following pandemic

Europe’s healthtech companies are now worth $41 billion, up from $8 billion reported back in 2015, as the continent bolsters its position as the #2 in global healthcare expenditures, following the United States, a recent study by Dealroom, Inkep Capital, MTIP found. This spike in valuation can be attributed to the focus in telemedicine, operation […]