Search results for "tech companies "

From Biden to Congress, Big Tech is under mounting pressure

Without speaking a word or scratching a pen across paper, President Joe Biden drove up the pressure on Big Tech companies already smarting under federal and congressional investigations, epic antitrust lawsuits and near-constant condemnation from politicians of both parties. Biden last week elevated a fierce critic of Big Tech, antitrust legal scholar Lina Khan, to […]

How Big Tech created a data 'treasure trove' for police

When U.S. law enforcement officials need to cast a wide net for information, they’re increasingly turning to the vast digital ponds of personal data created by Big Tech companies via the devices and online services that have hooked billions of people around the world. Data compiled by four of the biggest tech companies shows that […]

Vaccine technology transfer center to open in South Africa

The World Health Organization is in talks to create the first-ever technology transfer hub for coronavirus vaccines in South Africa, a move to boost supply to the continent that’s desperately in need of COVID-19 shots, the head of the U.N. agency announced. The new consortium will include drugmakers Biovac and Afrigen Biologics and Vaccines, a […]

Gains for some tech giants nudge S&P to another record high

Technology companies helped lift stocks higher on Wall Street, nudging the S&P 500 to its third straight all-time high, even as other parts of the market faltered. A burst of buying in the final 10 minutes of trading sent the benchmark index 0.2% higher. The S&P 500 had been down 0.3% earlier amid another bout […]

Orange, AXA acquire majority stake in Moroccan HealthTech company

Orange Middle East and Africa and AXA CIMA entities led by AXA Assurance Maroc announced on Monday a joint agreement to acquire a majority stake in DabaDoc, the Moroccan HealthTech company digitalizing access to healthcare in Africa, alongside the company’s founders. DabaDoc – which was founded by Zineb Drissi-Kaitouni and Driss Drissi-Kaitouni earlier in 2014 […]

Tech calms down, but still strong as the world goes digital

Technology company stocks are in rest mode this year, but what may seem like weakness as the economy recovers is really just dormancy. Digital devices, software and even cybersecurity will be the key areas for steady growth as consumers and businesses become more digital in how they operate, analysts say. The virus pandemic made that […]

Florida law seeks to rein in large social media companies

Republican Florida Gov. Ron DeSantis signed a bill on Monday that seeks to punish social media platforms that remove “conservative ideas” from their sites, though it is not clear if it would pass constitutional muster because it might violate the First Amendment. The new law will enable the state to fine large social media companies […]

Reporter's driverless van ride: Cool tech, freaky turns

The annoyed shopper paced around and knocked on the windows of a minivan blocking him from leaving his Costco parking spot. He didn’t seem to notice, or care, that there was no one inside. A colleague and I had called for the Waymo ride — our first in a fully driverless vehicle — and quickly […]

EU signs new deal with Pfizer-BioNTech, Hungary opts out

The European Union’s executive arm on Thursday finalized a third vaccine contract with Pfizer and BioNTech through 2023 for an additional 1.8 billion doses of their COVID-19 shot to share between the bloc’s countries except for Hungary, which opted out of the deal. The European commission said the contract, which was agreed on behalf of […]

Telefónica Tech, Siemens collaborate on smart buildings infrastructure

Spanish telecoms giant Telefónica announced last week that it’s teaming up with Siemens España to deliver a combination of services and solutions tailored toward smart buildings and cities. Both companies will join to present a far-reaching value proposition that includes everything from energy efficiency and user experience to connectivity, security, and data analysis at a […]