Search results for "tech giants "

Meta Battles U.S. Antitrust Agency over Future of Virtual Reality

The Biden administration on Thursday accused Meta Platforms Inc of trying to buy its way to dominance in the metaverse, kicking off a high-profile trial to try to prevent the Facebook parent from buying virtual reality app developer Within Inc. The FTC sued in July to stop the deal, saying Meta’s acquisition of Within would […]

China Will Move to Protect Its Firms Following U.S. Telecoms Ban

China opposes the U.S. Federal Communications Commission’s ban on new Chinese telecommunications equipment sales, the commerce ministry said on Thursday, vowing to adopt necessary measures to safeguard the rights of its domestic firms. The Biden administration on Friday banned the sale or import of new telecommunications equipment from China’s Huawei Technologies and ZTE, citing national […]

Twitter Answering Privacy Concerns ‘so Far’ - Lead EU Regulator

The lead privacy regulator for Twitter in the European Union said it was concerned about the potential impact of layoffs at the social media company on its ability to meet privacy obligations, but said it was so far getting answers to its questions. Twitter has fired top executives and enforced steep job cuts with little […]

U.S. Bans Huawei, ZTE Equipment Sales, Citing National Security Risk

The Biden administration has banned approvals of new telecommunications equipment from China’s Huawei Technologies and ZTE because they pose “an unacceptable risk” to U.S. national security. The U.S. Federal Communications Commission said on Friday it had adopted the final rules, which also bar the sale or import of equipment made by Chinese surveillance equipment maker […]

Why the Meta Share Price Collapse Might Be a Good Thing

Meta’s share price is collapsing, and the social media giant is on a major downturn. The thus far ruling social media giant of our time, the owner of Instagram, Facebook, and WhatsApp, is experiencing the worst 2 consecutive quarters  of its existence. The Meta stock has collapsed and users are still fleeing the platforms, meanwhile […]

Why Most Projects in the Metaverse Will Fail

Many believe Metaverse is the next big thing after the invention of the internet itself in terms of impact and technological disruption. Still, many think the Metaverse will fail even before it takes off, and their views are not entirely unfounded.  After using Second Life, Roblox, Fortnite, Minecraft, Horizon Worlds, VRChat, etc., many found that […]

Meta Is in Trouble

Meta is currently showing signs of a downfall. It is hard to notice such signs when looking at a giant company worth trillions of dollars, but it does not mean cracks do not exist. The company’s stock got thrown from a 130 dollars price to a trading point of ninety-eight dollars, a more than a […]

Untangling the Microsoft Layoffs

In the current state of the world, the challenges the world is facing bleed into the economic aspect as well. The job market is more ruthless than ever. Layoffs, or as some like to refer to them, realignment, hit every pillar of the tech industry. Small fish are getting affected, and the giant whales are […]

A Deep Dive into the Meta Metaverse

Tech giants are racing to dominate the future of the internet referred to collectively as the Metaverse. Whereas every tech giant has their own niche to fill, the Meta metaverse version want to be them all, and are investing heavily – to putt lightly – to make it happen. The Meta Metaverse in a Nutshell […]