Search results for "big tech companies"

India's electric vehicles face practical, technical hurdles

H.S. Panno, an independent contractor living in a spacious two-story penthouse in New Delhi, had his doubts when he bought his first electric car in September. So far, he’s pleased with his savings on gas and maintenance, which are down by more than half, but disappointed with the practical limitations of driving his Nexon XZ+. […]

Big Tech's outsized influence draws state-level pushback

New York state Sen. Michael Gianaris was ecstatic when Amazon named Long Island City in 2018 as a front-runner for its new headquarters, a project that would bring 25,000 jobs and $2.5 billion in construction spending to his district in Queens. But his support faded quickly when he learned that state and city leaders had […]

Lawmakers press Big Tech CEOs on speech responsibility

The CEOs of tech giants Facebook, Twitter and Google faced a grilling in Congress Thursday as lawmakers tried to draw them into acknowledging their companies’ roles in fueling the January insurrection at the U.S. Capitol and rising COVID-19 vaccine misinformation. In a hearing by the House Energy and Commerce Committee, lawmakers pounded Facebook CEO Mark […]

Recharged: Energy seen as big winner after disastrous 2020

Energy companies spent the first quarter of 2021 recharging from a draining year. Wall Street expects that growth to continue as energy companies and many of the other companies beaten down by the virus benefit from the vaccine push aimed at bringing the pandemic to an end. Marathon Oil, Exxon Mobil and other stocks in […]

White House legal official Tim Wu will put Big Tech under scrutiny

On Feb.  4, Tim Wu, prominent, progressive attorney, sent his last tweet as a private citizen; the next day, the White House announced its decision to place Wu in the National Economic Council (NEC), one of two key advisory boards to President Joe Biden. While Wu has been on board over a month, none of […]

'Big burden' for schools trying to give kids internet access

When the coronavirus pandemic shut down schools, educators had to figure out how to get kids online. Fast. In a patchwork approach born of desperation, they scrounged wireless hot spots, struck deals with cable companies and even created networks of their own. With federal relief money and assistance from state governments and philanthropists, they have […]

China moves to tame rapidly growing Tech sector, with Alibaba at the helm

Chinese antitrust regulators are considering a record fine to slap on e-commerce titan Alibaba Group along with smaller fines against other leading technology companies in a bid to tame China’s sprawling tech industry, The Wall Street Journal reported on Thursday citing people familiar with the matter. The regulator has already issued fines on Friday to […]