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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 […]

Island turns into open-air lab for tech-savvy volcanologists

They come with eagle-eyed drones and high-precision instruments. Aided by satellites, they analyze gas emissions and the flows of molten rock. On the ground, they collect everything from the tiniest particles to “lava bombs” the size of watermelons that one of nature’s most powerful forces hurl as incandescent projectiles. Scientists from around the world are […]

US government sues to block $40 billion Nvidia-Arm chip deal

The Federal Trade Commission on Thursday sued to block graphics chip maker Nvidia’s $40 billion purchase of chip designer Arm, saying the deal would create a powerful company that could hurt the growth of new technologies. Nvidia Corp., based in Santa Clara, California, said in September 2020 that it was buying United Kingdom-based Arm Ltd. […]

GM cites improved chip supply in raising financial guidance

Citing an improved supply of automotive computer chips, General Motors raised its financial guidance on Wednesday and said it expects to return to a normal production rate by the end of next year. Chief Financial Officer Paul Jacobson told investors on a virtual chat with Credit Suisse that the company has seen improvement in the […]

Meta uncovers global disinformation battle; Congress talks 230 reforms

As governmental entities abuse social media platforms’ influence on a universal scale, Facebook released on Wednesday a report highlighting its takedown on global disinformation networks promoting false information to manipulate the public’s opinion. One thing the January 6 Capitol riot uncovered is that social media platforms, especially Facebook, have an influential effect on shaping the […]

From Square to Block: Another tech company changes its name

There’s a new Silicon Valley corporate name change on the block. A month after Facebook renamed itself Meta, Square Inc., the payments company headed by former Twitter CEO Jack Dorsey, is changing its name to Block Inc. The San Francisco-based company said Wednesday it’s making the change because the Square name has become synonymous with […]

'Buy now, pay later' catches on just in time for holidays

As Americans shop for the holidays, they will likely see a swarm of offers to get their gifts now but pay for them later in fixed monthly installments. Fueled by several hot Silicon Valley startups as well as a push by the big credit card companies, “buy now, pay later” is now available for purchasing […]

Haugen urges lawmakers to avert impasse on social media laws

Ex-Facebook employee and whistleblower Frances Haugen implored lawmakers Wednesday to avert the usual congressional stalemates as they weigh proposals to curb abuses on social media platforms by limiting the companies’ free-speech protections against legal liability. Still, Haugen urged caution in making changes to the 1996 law that provides legal protection both for content the platforms […]