Turkey’s competition watchdog said Friday it was told by WhatsApp that the chat app won’t apply a controversial privacy update following an investigation, but the announcement was contradicted by the Facebook-owned app, which said it still plans to roll out the update for Turkish users. It’s a fresh sign of the confusion between regulators and […]
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The world’s largest truck and bus maker is charting an ambitious zero-emission future and says it’s not that far off – despite higher costs and the current lack of support infrastructure. Daimler AG’s truck division says it plans to shift most of its vehicle development resources to zero-emission vehicles by 2025 and predicts that battery […]
Despite damaging allegations suggesting Bill Gates pursued women who worked for him, don’t expect changes to his roles at the two iconic institutions he co-founded, Microsoft and his namesake philanthropic foundation. Critics say the revelations raise accountability concerns, though it remains unclear how much the dent to Gates’ reputation might affect the institutions that are […]
Even by Bitcoin’s standards, Wednesday was pretty wild. The price of the famously volatile digital currency fell nearly 30% at one point after the China Banking Association warned member banks of the risks associated with digital currencies. The decline narrowed to below 10% in the afternoon, but Bitcoin had still lost about $70 billion in […]
China has barred financial companies, institutions, FinTechs, and payment companies from delivering any kind of services in relation to cryptocurrency transactions, while warning potential investor to shy away from crypto dealings. Many analysts and industry experts considered the move to be inevitable – especially following the government’s restrictions on Alibaba’s financial arm, Ant Group – […]
Myanmar’s military rulers are seeking to limit access to the internet to an internal network of only “whitelisted” sites to quash opposition to their seizure of power, according to a report by the International Crisis Group. It likened the internet to a “virtual battlefield” where the military is struggling to gain an edge because it […]
There’s a wild card in the push to return to pre-pandemic life: Many workers don’t want to go back to the jobs they once had. Layoffs and lockdowns, combined with enhanced unemployment benefits and stimulus checks, gave many Americans the time and the financial cushion to rethink their careers. Their former employers are hiring again […]
Amazon said Tuesday that it will extend its ban on police use of its face-recognition technology beyond the one-year pause it announced last year. Amazon and other technology companies have been under pressure from civil rights activists and their own workers to halt the sale of face-recognition systems to law enforcement agencies. One concern is […]
In Georgia, school bus-maker Blue Bird has visions of going from selling a few hundred electric buses annually to 15,000. In Michigan, Ford plans to produce an all-electric version of its F-150 pickup truck. Both companies are looking to President Joe Biden’s $2.3 trillion infrastructure proposal to help transform the automotive sector as electric vehicles […]
California’s Department of Motor Vehicles is reviewing whether Tesla is violating a state regulation by advertising its vehicles as being fully autonomous without meeting the legal definition of self-driving. The department confirmed the review Monday in an email to The Associated Press. State regulation prohibits advertising vehicles for sale or lease as autonomous if they […]