Search results for "tech companies "

Big Tech's outsized influence draws state-level pushback

New York state Sen. Michael Gianaris was ecstatic when Amazon named Long Island City in 2018 as a front-runner for its new headquarters, a project that would bring 25,000 jobs and $2.5 billion in construction spending to his district in Queens. But his support faded quickly when he learned that state and city leaders had […]

Lawmakers press Big Tech CEOs on speech responsibility

The CEOs of tech giants Facebook, Twitter and Google faced a grilling in Congress Thursday as lawmakers tried to draw them into acknowledging their companies’ roles in fueling the January insurrection at the U.S. Capitol and rising COVID-19 vaccine misinformation. In a hearing by the House Energy and Commerce Committee, lawmakers pounded Facebook CEO Mark […]

Japan's Toyota, Isuzu, Hino join in truck technology tie up

Japanese automakers Toyota, Isuzu and Hino said Wednesday they are setting up a partnership in commercial vehicles to work together in electric, hydrogen, connected and autonomous driving technologies. Under the deal, Toyota Motor Corp., Japan’s top automaker, and truckmaker Isuzu Motors will each take a 4.6% stake in each other, the three companies said in […]

China slams US plan to expel phone carriers in tech clash

China’s government on Thursday called on Washington to drop efforts to expel three state-owned Chinese phone companies from the United States in a new clash over technology and security. The Federal Communications Commission voted Wednesday to begin revoking the companies’ U.S. licenses. It said they are security risks controlled by the communist Beijing government. The […]

China summons technology firms over voice software security

Chinese authorities summoned 11 companies including Alibaba and Tencent for talks regarding the security of voice software, as Beijing steps up scrutiny over the internet sector. The internet watchdog the Cyberspace Administration of China said Thursday that the talks were about security assessments of technology used in voice-based social media and deepfake technology that can […]

White House legal official Tim Wu will put Big Tech under scrutiny

On Feb.  4, Tim Wu, prominent, progressive attorney, sent his last tweet as a private citizen; the next day, the White House announced its decision to place Wu in the National Economic Council (NEC), one of two key advisory boards to President Joe Biden. While Wu has been on board over a month, none of […]

China moves to tame rapidly growing Tech sector, with Alibaba at the helm

Chinese antitrust regulators are considering a record fine to slap on e-commerce titan Alibaba Group along with smaller fines against other leading technology companies in a bid to tame China’s sprawling tech industry, The Wall Street Journal reported on Thursday citing people familiar with the matter. The regulator has already issued fines on Friday to […]

IWD: FemTech continues to empower women on global scale

Every year, the role of women in tech becomes more supported, as more female entrepreneurs and C-level executives take the helm at an even larger rate than before. This year’s International Women’s Day (IWD) is all about inclusivity, with the event’s website describing the theme #ChooseToChallenge as follows: “A challenged world is an alert world. […]