Search results for "tech companies "

In Africa, rescuing the languages that Western tech ignores

Computers have become amazingly precise at translating spoken words to text messages and scouring huge troves of information for answers to complex questions. At least, that is, so long as you speak English or another of the world’s dominant languages. But try talking to your phone in Yoruba, Igbo or any number of widely spoken […]

European Parliament backs new rules directed at Big Tech

European Union (EU) lawmakers backed a set of new rules on Wednesday directed at breaking down the authority of the Big Tech league in an unprecedented act to restrict their influence. The Digital Market Act (DMA) was structured to restrict limitations on these companies’ demeanor, in addition to imposing rules directed at their plans to […]

Ex-Netflix executive gets prison for accepting tech bribes

A former Netflix executive was sentenced Tuesday to 2 1/2 years in federal prison for taking bribes and kickbacks from tech companies to approve lucrative contracts with the streaming giant. Michael Kail, 52, of Los Gatos also was ordered to forfeit $700,000 and pay a $50,000 fine, the U.S. attorney’s office said in a statement. […]

Asian shares mostly lower after tech-led retreat on Wall St

Shares fell in Asia on Friday after technology companies led Wall Street benchmarks lower as investors weighed the implications of higher interest rates, surging coronavirus cases and tensions between Beijing and Washington. Tokyo, Hong Kong, Shanghai declined, but shares rose in Sydney. U.S. shares dropped a day after the Federal Reserve said it’s preparing to […]

EU plan for sweeping update of Big Tech rules gains momentum

The European Union’s ambitious plan to update its pioneering internet rules gained momentum Tuesday after a key committee passed measures requiring technology companies to better police content and lawmakers prepared to vote on regulations to rein in Big Tech. The 27-nation bloc has for the past year been drafting a sweeping overhaul of regulations for […]

'The internet's on fire' as techs race to fix software flaw

A critical vulnerability in a widely used software tool — one quickly exploited in the online game Minecraft — is rapidly emerging as a major threat to organizations around the world. “The internet’s on fire right now,” said Adam Meyers, senior vice president of intelligence at the cybersecurity firm Crowdstrike. “People are scrambling to patch,” […]

US steps up disclosure pressure on Chinese companies

Chinese companies will have to disclose more information about audits and whether they are controlled by a government or else leave U.S. stock markets under a rule approved by securities regulators. The rule approved Thursday by the Securities and Exchange Commission steps up a long-running standoff between Washington and Beijing over how much information companies […]

Washington Democratic Summit Looks to Control Authoritarian Surveillance Tech

The fueled tension between Washington and Beijing marched into new territory as the U.S. expressed plans on Thursday to take measures to curb exports of surveillance tech and a diversified list of innovations, used by governmental authorities to suppress human rights.  The Biden Administration’s soon to be occasioned initiative will be initiated with U.S. allied […]

China's Didi to leave US stock market amid tech crackdown

China’s dominant ride-hailing service, Didi Global Inc., said Friday it will pull out of the New York Stock Exchange and shift its share trading to Hong Kong as the ruling Communist Party tightens control over tech industries. Didi gave no explanation, but China’s leaders increasingly fret about who controls information gathered about its public by […]