Chinese companies will have to disclose more information about audits and whether they are controlled by a government or else leave U.S. stock markets under a rule approved by securities regulators. The rule approved Thursday by the Securities and Exchange Commission steps up a long-running standoff between Washington and Beijing over how much information companies […]
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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 […]
As the chip shortage crisis takes a new universal form, and while the world recovers from a crippling pandemic, Big Tech giant Apple seems to be suffering from collateral damage affecting its supply and demand chain for its iPhone 13 lineup. As reported by Bloomberg, the news hub revealed that the iOS developer asked component manufacturers to […]
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 […]
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 […]
Money20/20 today reports that more than 8,000 attendees, from over 2,500 companies participated at Money20/20 USA at The Venetian Resort, Las Vegas in late October. The event was a showcase for the fastest growing and most innovative fintech companies. This follows the hugely successful Money 20/20 Europe, held in Amsterdam in September, which hosted more […]
CoinShares revealed Monday a heavy institutional investor flow into cryptocurrency products and funds despite a substantial drop in the past weeks, as a new digital asset emerges to the scene, carrying the same title after the new coronavirus variant, the Omicron. Despite its rising record inflows in 2021’s first 11 months, cryptocurrency has marked a […]
Instagram CEO, Adam Mosseri, will give testimony before Congress on December 6th, in a set of hearings for the platform’s approaches towards teens’ online protection, The New York Times reported. The testimony will be a follow-up after Senate lawmakers intensified their scrutinizing gaze on the platform concerning how its parent company Meta – previously Facebook – […]
The growing speed Artificial Intelligent (AI) is reaching will make it one of the most challenging tasks for humanity to control. Theoretically, studies have proved that super intelligent AI will be impossible to curb by humans, a species in the next decades that will be far more inferior to machine learning intelligence. So, what will superintelligent AI […]
A coalition of states attorneys general launched Thursday an investigation into Instagram’s ways of attracting and affecting the younger generation, especially younger girls, in their latest attempt to harshen regulatory scrutiny on Meta Platforms Inc, according to The Wall Street Journal. The examination into the social networking platform led by eight states, with Massachusetts and Nebraska […]