Search results for "ai"

Instagram Hits 2 Billion Active Users Without Admitting

Instagram is reported to have reached 2 billion monthly active users without officially announcing it, according to anonymous employees who broke the news to CNBC. The reason behind not announcing it is that the platform was under surveillance in the past few months for potentially causing harm to children and teens. The last time the […]

Norway fines dating app Grindr $7.16M over privacy breach

Norway’s data privacy watchdog on Wednesday fined gay dating app Grindr 65 million kroner ($7.16 million) for sending sensitive personal data to hundreds of potential advertising partners without users’ consent — a breach of strict European Union privacy rules. The Norwegian Data Protection Authority said it imposed its highest fine to date because the California-based […]

U.S. expands Chinese firms’ blacklist; Uber to sell Didi shares

In a Financial Times report released on Wednesday, the U.S. publicized intentions of intensifying its grip on Chinese firms by expanding its blacklist to include commercial drone maker DJI as well as several biotech firms. The report caused shares of Chinese healthcare and technology firms to drop as investors shudder with worry from the news’ […]

Proposed Nebraska mine might produce more rare elements

The company working to build a mine in southeast Nebraska to extract a rare element used to make steel lighter and stronger said Tuesday that it may also be able to produce some of the key ingredients needed to make the powerful magnets used in electric vehicles and other high-tech products. NioCorp Developments released a […]

NYC weighs cutting off natural gas hookups for new buildings

New York City lawmakers are poised to decide Wednesday whether to prohibit most new buildings from using natural gas, a move that would make the nation’s most populous city a showcase for a climate-change-fighting policy that has been both embraced and blocked around the country. The measure is expected to pass the City Council and […]

Netflix slashes prices to compete with Disney+, Amazon

In its attempt to compete with its rivals Disney and Amazon, the famous streaming service Netflix cut on Tuesday the prices of its services in India for the first time since launching five years ago. As it aims to reach higher on the streaming ladder, Netflix slashed its prices by 60 percent to $2.62 paid […]

New German government to revamp incentives for electric cars

Germany’s new government said Monday it is extending the country’s current incentive payments for buyers of electric and hybrid cars for a year but then plans to impose tougher requirements for vehicles to qualify for the support. The economy and climate ministry that was set up when Germany’s new government took office last week said […]

UK antitrust watchdog investigates Microsoft's Nuance deal

British antitrust regulators are opening an investigation into Microsoft’s $16 billion acquisition of speech recognition company Nuance in the latest sign they’re tightening scrutiny of big technology deals. The Competition and Markets Authority said in a brief statement Monday that it’s looking into the purchase because of concerns that it could result in a “substantial […]

Report urges UK government to beef up online safety measure

Proposed British rules aimed at cracking down on harmful online content should be beefed up with tougher measures like making it illegal to send unsolicited graphic images, requiring porn sites to ensure children can’t gain access and moving faster to hold tech executives criminally liable for failing to uphold the regulations, lawmakers said in a […]

Dogecoin value rises, Tesla declares accepting the crypto as payment

Dogecoin shares soared to over 18 percent on Tuesday following Tesla Inc. chief, Elon Musk’s announcement of the company’s altered tactic of accepting cryptocurrency payments for merchandise. The announcement revealed on Twitter sent Dogecoin shares to heighten in valuation when most cryptocurrencies seem to be dropping in value. “Tesla will make some merch buyable with […]