Search results for "new ai"

Microsoft Mesh mixed reality joins metaverse league with Teams

Microsoft joins the metaverse legion by announcing Tuesday the development of a Microsoft Mesh Mixed Reality inside Teams by directly inserting virtual experience platform Mesh to endorse the integration of virtual spaces for consumers and business. The Big Tech titan revealed that following the overtake of the COVID-19 pandemic and the world’s shift towards remote […]

Musk says Hertz did not finalize 100,000 Tesla deal, Hertz fires back

Elon Musk announced on Monday that Tesla has not signed a contract with Hertz, despite the rental car firm’s disclosure a week ago of a significant deal with the electric car manufacturer. Tesla shares jumped by 12.6 percent following the announcement of a massive order from Hertz of almost 100,000 vehicles on October 25, granting […]

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 […]

Facebook cancels 937 accounts linked to Nicaragua government

Meta Platforms, the company that runs Facebook, said Monday it has canceled 937 accounts linked to the government of Nicaragua and the Sandinista party of President Daniel Ortega. Meta said it also removed 140 deceptive pages, 24 groups and 363 Instagram accounts for violating the company’s policy against “coordinated inauthentic behavior on behalf of a […]

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 […]

UAE’s Etisalat marks a 2 percent rise in Q3, 2021

UAE-based telco, Etisalat, revealed its 2021, third quarter (Q3) financial report, unveiling a 2 percent rise in a fiscal year ending on September 30, reaching $3.62 billion. The group’s consolidated net profit rose to $653.38 million, imprinting a 1 percent increase in a fiscal year, with consolidated revenues reaching $3.62 billion, a 2 percent augmentation […]

Amid US sanctions, Huawei highlights uses for 5G technology

China’s Huawei Technologies Co. is providing smart services and 5G technology to industries such as healthcare, creating new revenue streams that might offset the damage to its smartphone business from U.S. sanctions. In the southern city of Guangzhou, the company teamed up with the Guangdong Second Provincial General Hospital to equip it with 5G technology […]

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 […]