Search results for "tech giant"

4 Big Tech CEOs getting heat from Congress on competition

WASHINGTON (AP) — Four Big Tech CEOs — Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, Sundar Pichai of Google and Tim Cook of Apple — are set to answer for their companies’ practices before Congress as a House panel caps its yearlong investigation of market dominance in the industry. The four command corporations with gold-plated brands, […]

Trade, technology and security at risk in US-China feud

BEIJING (AP) — They have the largest economies in the world. They spend more than anyone else on their militaries. From high-tech chips to control of the high seas, their interests are closely intertwined. The ongoing sharp deterioration in U.S.-China ties poses risks to both countries and the rest of the world. In the latest […]

Software giant SAP to spin off Qualtrics and take it public

NEW YORK (AP) — SAP says it plans to spin off Qualtrics and take it public less than two years after acquiring the survey-software provider. SAP said Sunday it will retain majority ownership of Qualtrics’ shares. The German software giant announced in November 2018 that it agreed to pay $8 billion cash for Qualtrics, just […]

Zuckerberg, Bezos, other tech CEOs testify on competition

WASHINGTON (AP) — Four Big Tech CEOs — Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, Google’s Sundar Pichai and Apple’s Tim Cook — will answer for their companies’ practices before Congress at a hearing Wednesday by the House Judiciary subcommittee on antitrust. The panel has conducted a bipartisan investigation over the past year of the tech […]

US targets $1.3 billion in French imports in tech tax clash

WASHINGTON (AP) — The Trump administration on Friday announced plans to impose taxes on $1.3 billion in French imports — hitting handbags and makeup but sparing cheese and wine — in retaliation for France’s digital services tax on U.S. technology giants. But the Office of the U.S. Trade Representative said the levies would be delayed […]

Political and technical challenges may delay 5G deployment in Kenya

“A digitally empowered citizenry, living in a digitally enabled society.” This is the 2019 Digital Economy Blueprint vision for Kenya. It seems that 5G deployment is key for Kenya’s economy. During his presentation about the Financial Year 2019 to 2020, Henry Rotich, Former Treasury Cabinet said that the digital economy would boost the country’s economic […]

Just Eat swallows Grubhub creating restaurant delivery giant

By DEE-ANN DURBIN AP Business Writer Two pioneers in restaurant delivery — Just Eat Takeaway.com and Grubhub — are combining in a $7.3 billion deal that will create one of the world’s largest delivery companies. Amsterdam-based Just Eat Takeaway.com said late Wednesday that it was acquiring Chicago-based Grubhub, snatching it away from ride-hailing giant Uber, […]

India should consider legal reform to secure 5G technology

India is the leader of Internet Shut down in the world. In fact, legal frameworks were tailored to allow the authorities to do so. However, this political tool used by Indian authorities goes far beyond social media platform shut down. It has technical, economic and, human rights impacts. Meanwhile, it might affect advanced technology deployment […]

Apple, Google release technology for pandemic apps

>By MATT O’BRIEN AP Technology Writer Apple and Google on Wednesday released long-awaited smartphone technology to automatically notify people if they might have been exposed to the corona virus. The companies said 22 countries and several U.S. states are already planning to build voluntary phone apps using their software. It relies on Bluetooth wireless technology […]

Facebook invests in India telecom giant Jio for e-commerce

By RISHABH R. JAIN Associated Press NEW DELHI (AP) — Facebook says it plans to invest $5.7 billion in India’s telecom giant Reliance Jio. The investment will give Facebook a 9.99% stake in Jio Platforms, the digital technologies and app developing division of Reliance Industries. Reliance Jio has the highest number of customers in the […]