Search results for "big tech"

Big Tech's Motives in Africa: Development or Data Extraction? 

Tech Companies in Africa Must Prioritize Development and Responsible Data Practices: You’re sitting in a bustling café, surrounded by people engrossed in their smartphones, laptops, and other gadgets. The world around you is becoming increasingly digital, and Africa is no exception. But have you ever wondered why Big Tech giants like Google, Facebook, and Amazon […]

The Ethical Implications of Big Tech's Investment in fusion energy 

Public opinion says that fusion energy, which is considered the source of large, affordable, safe, and clean power, will always stay an old form of energy that companies are no longer using. However, privately funded fusion energy start-ups like Commonwealth Fusion Systems, TAE Technologies, and General Fusion are starting to build prototype demonstration plants.  Meanwhile, […]

UK to Curb Big Tech 

On Tuesday, the UK government revealed its intention to create new legislation that would limit the ability of big tech like Amazon, Facebook, and Google to stifle competition within the digital marketplace.  The UK government’s proposed law aims to not only enhance consumer protection but also regulate big tech companies to prevent them from suppressing […]

EU Eyes Big Tech as It Seeks Feedback on Who Should Pay Network Costs

The European Commission on Thursday launched a consultation on the future of Europe’s telecoms sector, starting a process that could lead to requiring Alphabet’s Google, Apple, Meta Platform and Netflix to pay some network costs. The move by the EU executive followed more than two decades of lobbying by Deutsche Telekom, Orange, Telefonica, Telecom Italia […]

Meta Mojo Is Back as Earnings Surprise Powers Big Tech Rally

Meta Platforms Inc shares closed about 23% higher on Thursday and helped spark a rally in the technology sector after the Facebook owner floored Wall Street by slashing its spending forecast and boosting its stock buyback plan by $40 billion. The company added more than $90 billion to its market value and the stock logged […]

Big Tech Earnings Show Digital Ads Market Not Out of the Woods

After a challenging 2022 in which advertising-dependent companies faced shrinking budgets and cratering stock prices, fourth-quarter results this week from Alphabet, Meta Platforms and Snap showed they were not yet in the clear. The health of the advertising industry closely mirrors the economy, and many advertisers have pared back their marketing budgets in response to […]