Search results for "TECHNOLOGY"

US government sues to block $40 billion Nvidia-Arm chip deal

The Federal Trade Commission on Thursday sued to block graphics chip maker Nvidia’s $40 billion purchase of chip designer Arm, saying the deal would create a powerful company that could hurt the growth of new technologies. Nvidia Corp., based in Santa Clara, California, said in September 2020 that it was buying United Kingdom-based Arm Ltd. […]

Haugen urges lawmakers to avert impasse on social media laws

Ex-Facebook employee and whistleblower Frances Haugen implored lawmakers Wednesday to avert the usual congressional stalemates as they weigh proposals to curb abuses on social media platforms by limiting the companies’ free-speech protections against legal liability. Still, Haugen urged caution in making changes to the 1996 law that provides legal protection both for content the platforms […]

Semiconductor crisis to last till early 2023, Deloitte reports

Consulting firm, Deloitte, released on Wednesday its latest report addressing the ongoing global semiconductor crisis, with predictions of the crunch to last till early 2023. Deloitte’s research stated that even though the chip shortage crisis’ intensity will be far less severe than it is now, chances are customers will wait around 10 to 20 weeks for a […]

Money20/20 Successfully Re-Unites Global Fintech Community

Money20/20 today reports that more than 8,000 attendees, from over 2,500 companies participated at Money20/20 USA at The Venetian Resort, Las Vegas in late October. The event was a showcase for the fastest growing and most innovative fintech companies. This follows the hugely successful Money 20/20 Europe, held in Amsterdam in September, which hosted more […]

Millennial Money: Sustain generosity beyond the holidays

2020 asked a lot from us. We faced new challenges and reckoned with old ones, and often the world’s problems collided with our own individual needs. Help — whether in donations or even just attention — might’ve been hard to give when you required some yourself. If your finances are in better shape this giving […]

Sports bettors dream: 86 able to bet on game after it ended

It was every sports bettor’s dream: Being able to bet on a game after it had already ended. But the 86 New Jersey gamblers who thought they were beating the system had their bets on a British soccer game voided, and the two betting companies involved got fined. The mishap was revealed in documents made […]

Biden tries to reassure on COVID as he sells spending plan

President Joe Biden on Tuesday went to Minnesota to pitch his completed infrastructure deal and a giant social spending bill that he’s still trying to get passed, but also found himself reassuring the nation he would fight the evolving COVID-19 threat without resorting to “shutdowns and lockdowns.” Biden met with students at Dakota County Technical […]

Congress to hold a hearing to amend Section 230

Facebook whistleblower France Haugen is once again asked to testify to Congress on December 1, as a subcommittee will uphold a hearing to address future “targeted reforms” and to amend Section 230 of The Communications Decency Act. The leading directive force of the hearings will be the House Energy and Commerce subcommittee on communications and […]

How telcos can digitalise their services for the demands of tomorrow

Retail giants Amazon, Aldi and Tesco are trialing checkout-free stores in the UK, where customers can conveniently grab their shopping and leave the store without visiting a cashier. It’s clear that consumers today expect intuitive digital services as standard — and supermarkets aren’t the only ones who should listen. The COVID-19 pandemic has accelerated digitalisation […]