Microsoft is shutting down its main LinkedIn service in China later this year as Beijing tightens its internet rules. The company said in a blog post Thursday it has faced a “significantly more challenging operating environment and greater compliance requirements in China.” Microsoft is the latest American tech giant to lessen its ties to the […]
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The Chinese tech crackdown to reign in the industry’s firms has reached a new frontier, U.S. Big Tech. As China ups its regulatory game on tech firms, American sweetheart, Apple, has always managed to avoid being caught in the crossfire by striving to preserve a sharp image with Chinese authorities. With President Xi Jinping launching […]
After a whistleblower uncovered to the U.S. Congress Facebook’s misleading workflow, the European Parliament will fortify regulations on key players in the tech league, with global forces joining the operation. The EU’s proposal will aim at European companies alongside the Big Tech giants, Facebook, Alphabet Inc. entity Google, Amazon, Apple, and Microsoft. One of the […]
Amazon’s new robot can hear, see and follow you around the the home, but its no Rosey the Robot. Amazon’s version, called Astro, doesn’t cook or clean like the animated character from “The Jetsons,” but it can check if you left the stove on while you’re out or send an alert if someone enters the […]
Google is so popular, to the extent where it’s Bing’s top searched site. Yes, you read that right. “We have submitted evidence showing that the most common search query on Bing is by far Google,” Google lawyer Alfonso Lamadrid told the EU’s General Court in Luxembourg in an attempt to win the largest antitrust fine ever imposed by the European Union. However, Google’s case […]
In a regulatory maneuver to reel in Alibaba, the Chinese government asked the retail giant to submit some of its recently owned media assets, resulting in the company disposing of its 5 percent stake in its Chinese broadcaster, Mango Excellent Media Co Ltd. In March, following a thorough investigation into the tech giant’s media assets, […]
Former U.S. Secretary of Defense James Mattis testified Wednesday in the trial of fallen tech star Elizabeth Holmes, saying the entrepreneur misled him into believing she was on the verge of rolling out a blood-testing breakthrough that he hoped would help save lives of troops in battle. Mattis’ appearance came during the sixth day of […]
Chinese watchdogs backed their regulatory scrutiny on their tech sector as they spoke on Tuesday with Wall Street executives disclosing that regulations are meant to enforce tech companies, not crush them. Fang Xinghai, China’s Securities Regulatory Commission Vice Chairman, told the executives that the government’s latest conduct on tech firms was aimed to enhance their regulations, in addition to bolstering national security and data privacy. […]
U.S. Commodity Futures Trading Commission (CFTC) sharpens its regulatory gaze as it initiated a condensed investigation into cryptocurrency trading platform Binance Holdings Ltd. for probable crypto exchange abuse for insider trading and market manipulation, according to Bloomberg. It seems that even though not everyone can stand its probing scrutiny, the U.S. is feeding its recently found […]
Amidst Beijing’s latest regulatory wave to impose dominion on its tech sector, China’s Big Tech shares drastically dropped on Monday as the country’s watchdogs intend to break down Ant Group Co.’s Alipay, at a speed the U.S. and the European Union cannot fathom or dare to indulge in. Following a Financial Times report stating that Beijing is […]