Search results for "TECHNOLOGY"

Yahoo pulls out of China, citing 'challenging' environment

Yahoo Inc. said Tuesday it has pulled out of China, citing an increasingly challenging operating environment. The withdrawal was largely symbolic, as many of the company’s services were already blocked by China’s digital censorship. But recent government moves to expand its control over tech companies generally, including its domestic giants, may have tipped the scales […]

Facebook to shut down face-recognition system, delete data

Facebook said it will shut down its face-recognition system and delete the faceprints of more than 1 billion people amid growing concerns about the technology and its misuse by governments, police and others. “This change will represent one of the largest shifts in facial recognition usage in the technology’s history,” Jerome Pesenti, vice president of […]

ByteDance CFO becomes TikTok CEO, as company reshuffles into 6 units

ByteDance is planning to disjoin its global social media sensation, TikTok, into a solitary business unite, following an executive decision to break down the company into six entities, according to Reuters. Chief executive officer (CEO), Liang Rubo, has initiated plans to refurbish the technology enterprise into various parts, following founder Zhang Yiming’s decision to retire from […]

Rural telcos fear ramifications of China-US trade war

Numerous U.S.-based Internet Service Providers (ISP) are set to obtain on October 29 reimbursements from the Federal Communications Commission (FCC), welcoming a filing opportunity to “rip and replace” Huawei and ZTE telecom equipment.  Bloomberg revealed a $1.9 billion program allowing ISPs to deliver cost estimates to the FCC to substitute previously installed equipment by Chinese manufacturers Huawei and ZTE between October […]

Shiba Inu passes Dogecoin as top "dog" in cryptocurrency

Cryptocurrency has officially gone to the dogs. The recent trading frenzy over a digital token called Shiba Inu — commonly billed as a “meme” or joke coin — has vaulted the canine-themed cryptocurrency into the top ten most valuable digital assets by market value, hitting $40 billion and surpassing its cousin and apparent inspiration, Dogecoin. […]

Indonesia first to green light Novavax COVID-19 vaccine

Biotechnology company Novavax said Monday that Indonesia has given the world’s first emergency use authorization for its COVID-19 vaccine, which uses a different technology than current shots. The vaccine doesn’t require the extremely cold storage temperatures that some other vaccines need, which could allow it to play an important role in boosting supplies in poorer […]

New Zealand strait crossed for first time by electric plane

As he made history by becoming the first person to fly across New Zealand’s Cook Strait in an electric plane, Gary Freedman thought it only fitting that the first thing he saw when approaching the Wellington coastline was the rotating blade of a wind turbine producing renewable energy. Freedman’s 40-minute solo flight in the small […]

An "eraser button"? Focused ideas could help bridle Big Tech

Break up Big Tech? How about shrinking the tech companies’ shield against liability in cases where the content they push to users causes harm? Or creating a new regulator to strictly oversee the industry? Those ideas have captured official attention in the U.S., Europe, U.K. and Australia as controversy has enveloped Facebook — which on […]

How to create, sell, or buy NFTs 

What are NFTs, and why do people sound so smart when they talk about them? Non-fungible tokens, but what does that even mean? And why would someone even buy NFTs since they are already up there on the web for all to see?  The rise of blockchain technology, and consequently cryptocurrency and others such as meme stocks, God help […]