Softbank dropped $5 billion worth of publicly listed shares through its SB NorthStar trading unit of four tech giants during its first quarter, the Japanese conglomerate revealed in a financial report released on Tuesday. Back in 2020, the Tokyo-based multinational company vastly invested in social networking platform Facebook, Google’s parent company Alphabet, popular streaming service […]
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E-commerce workers who kept China fed during the coronavirus pandemic, making their billionaire bosses even richer, are so unhappy with their pay and treatment that one just set himself on fire in protest. China’s internet industries already were known for long, demanding days. With millions of families confined at home, demand surged and employees delivered […]
By KELVIN CHAN AP Business Writer LONDON (AP) — Britain plans to create a new watchdog to police big tech companies including Google and Facebook to counter their market dominance and prevent them from exploiting consumers and small businesses. The U.K. government said Friday that it’s setting up a “Digital Markets Unit” next year to […]
In an obvious move that makes clear its intention to be a leading actor in the nascent telco edge computing market, IBM revealed a series of new software solutions and applications which are designed to assist CSPs (Communication Service Providers) and enterprises to develop and execute their edge computing strategies, citing the “5G era” as […]
The EU antitrust law imposed stricter regulations recently on big tech giants, like Apple and Google because they violated EU antitrust law
Latest updates included the new Huawei wearables, Apple’s new iPhone models and Samsung’s latest wearables.
On Tuesday the Senate designed to protect kids from dangerous online content, a significant development in online safety of children news.
On Wednesday July 24, technology stock losses in Europe and Asia were driven by AI-related tech companies such as Apple and Nvidia.
New Democratic presidential nominee, Vice President Kamala Harris on AI could be bearer of new AI regulations in the tech world, if she wins.
Apple is now forced to allow Apple Pay alternatives to use its tap-to-pay technology in the European Union.