China’s top internet watchdog said on Friday tech giants such as Tencent Holdings and Alibaba Group have submitted details of algorithms used in some of their products, complying with a drive by authorities to tighten oversight of platform algorithms. The rules are part of a broad regulatory crackdown by Beijing against its once free-wheeling technology […]
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Google has grave reservations about developing a self-regulatory body in India for the social media sector to hear user complaints, though the proposal has support from Facebook and Twitter, sources with knowledge of the discussions told Reuters. India in June proposed appointing a government panel to hear complaints from users about content moderation decisions, but […]
Facebook-parent Meta Platforms Inc is set to raise $10 billion in its first-ever bond offering on Thursday, as it looks to fund share buybacks and investments to revamp its business, according to two sources close to the deal. The offering, which included bonds with maturities ranging from five years to 40 years, received over $30 […]
Export restrictions being considered by Washington to halt China’s advances in semiconductor manufacturing could come at a substantial cost, experts say, potentially disrupting fragile global chip supply chains – and hurting U.S. businesses. Reuters reported on Monday that the United States is considering limiting shipments of American chipmaking equipment to memory chip producers in China […]
People are eagerly jumping on the Web 3 bandwagon and joining the online revolution that promises to transform the Internet as we know it. What is on everyone’s mind, given the ubiquitous enthusiasm and the potential profits that await early adopters, is how to invest in Web 3. Both investors and customers have great prospects […]
What is biometric identification? It is the process through which unique biological characteristics are used in biometric identification to recognize and validate a person. These characteristics can be found in facial traits, eye structures, DNA, fingerprint patterns, and even handwriting. All this data that can be gathered on an individual inevitably brings up the ethical […]
Google faces a London trial over an estimated 920-milion-pound ($1.1 billion) damages claim after a court authorised a lawsuit that alleges the Alphabet-owned tech giant overcharged 19.5 million customers for app store purchases. The class action, which was certified by the Competition Appeal Tribunal on Monday, alleges Google abused its dominant position by charging up […]
If the internet and the videogame industry have shown us anything, it is that where humans go, human vices follow. Violence, sexual assault, abuse, and more, the internet is home to everything that exists in the real world, accentuated by the anonymity and lack of regulation offered on the web. With that, could we see […]
Two currents that are said to revolutionize the digital world are the Metaverse and Web 3. Elon Musk, the world’s richest man, is not a fan of either. As the CEO of SpaceX and Tesla, Elon Musk’s take on the Metaverse was made quite clear in his interviews and tweets. He couldn’t envision a compelling use-case […]
The Russian invasion of Ukraine has tested the U.S. geopolitical caliber and superiority as a globally renowned powerhouse. With Russia’s condemning intrusion on Ukraine’s sovereign dominion, the U.S. played the field through economic sanctions against Russia to force some influence on Russian President Vladimir Putin. Yet, in March, it appeared that the U.S. decided to […]