Search results for "X"

U.S.-Taiwan meeting covers semiconductor chip shortage, China coercion

Taiwan’s Economy Minister Wang Mei-Hua revealed on Tuesday that the U.S. discussed with its country potential plans to address the semiconductor chip shortage, in addition to finding the needed approaches to counter China’s economic “coercion.” During the second session of an economic dialogue initiated last year, the discussion followed a week after a virtual meeting […]

FCC approves Verizon-Tracfone acquisition, demanding consumer protections

The Federal Communications Commission voted on Monday to approve Verizon’s $6 billion bid for prepaid mobile company Tracfone, which it announced back in September, pending the regulatory approval that finally came this week. “After rigorous review, the Commission found that the transaction, as modified by Verizon’s enforceable commitments, will make Verizon and Tracfone stronger providers […]

Alphabet Inc deploys multi tasker robots in Google HQ offices

Google’s parent company, Alphabet Inc. on announced Friday its latest innovative approach to tidying up the search engine’s U.S.-based offices by using multi tasker robots to fulfill different purposes, leading for general-purpose robots to assist humans on a daily basis. The team behind the machinery, developed by X, Alphabet’s innovation division, publicized that its prototype […]

Ericsson to buy cloud service company Vonage in $6.2B deal

Swedish telecom equipment maker Ericsson is buying U.S. cloud communications company Vonage in a $6.2 billion deal that will help it expand wireless services for business customers. The acquisition would also give it access to software developers who can build new applications to take advantage of features built into new fifth generation high speed wireless […]

US offers investment to boost global COVID vaccine capacity

Pressed to address gaping inequality in global COVID-19 vaccines, the Biden administration took steps Wednesday to make billions of dollars available to drugmakers to scale up domestic production to share with the world and prepare for the next pandemic. Under the new initiative, the government’s Biomedical Advanced Research and Development Authority is soliciting pharmaceutical companies […]

NYC Aims to Be First to Rein in AI Hiring Tools

Job candidates rarely know when hidden artificial intelligence tools are rejecting their resumes or analyzing their video interviews. But New York City residents could soon get more say over the computers making behind-the-scenes decisions about their careers. A bill passed by the city council in early November would ban employers from using automated hiring tools […]

Electric vehicles get spotlight at Los Angeles Auto Show

Battery-powered vehicles will get top billing at the Los Angeles Auto Show, which opens this week after a year’s hiatus due to the novel coronavirus. Subaru, which has seen strong sales growth in the U.S. during the past decade, will unveil its first all-electric vehicle, a smallish SUV named the Solterra. VinFast, a Vietnamese automaker […]

EU opens door to giving aid for semiconductor production

The European Commission said Thursday that it could approve aid to fund production of semiconductors in the 27-nation bloc amid a global chip shortage and intense worldwide competition to fill the need. The EU’s executive arm expects that the scarcity of semiconductors — a key component in everything from smartphones to cars — will last, […]

Facebook gives users control over News Feed content

Meta revealed on Thursday that it is assessing different ways for consumers to control their News Feed content on Facebook, to accurately enhance preferences from certain people, pages, and more. The social networking giant has re-altered its News Feed functionality, following many previous attempts in preceding years, as the giant is constantly presenting diversified ways […]

Alibaba shares drop as rivals’ rise, warns from consumer spree shift

E-commerce giant Alibaba Group’s shares plummeted on Thursday in both New York and Hong Kong listings by more than 10 percent, following the giant’s drastic cut in sales, led by slow growth in China’s consumer spending.  Following the quarterly results, Alibaba revealed expectations of reaching a 20 to 30 percent rise in sales in the […]