Google announced Tuesday plans to invest $750 million in Australia’s tech future in the upcoming five years, ten months after threats of pulling the search engine out of the country. This year has put the Big Tech giant’s affiliation with the Australian government under the spotlight, as Google threatened to extract its search engine from […]
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Amazon has agreed to pay $500,000 and be monitored by California officials to ensure it properly notifies its workers about new coronavirus cases, the state’s attorney general said Monday. Amazon employs about 150,000 people in California, most of them at 100 “fulfillment centers” — sprawling warehouses where orders are packed and shipped. The agreement, which […]
Ohio’s largest public employee pension fund has sued Facebook — now known as Meta — alleging that it broke federal securities law by purposely misleading the public about the negative effects of its social platforms and the algorithms that run them. The lawsuit by the Ohio Public Employees Retirement System specifically claims that Facebook buried […]
Take a step back from the picked-over store shelves, the stalled container ships and the empty auto showrooms, and you’ll find a root cause of the shortages of just about everything. Even as the pandemic has dragged on, U.S. households flush with cash from stimulus checks, booming stock markets and enlarged home equity have felt […]
The Cyber Administration of China (CAC) uncovered on Sunday a draft rule requiring tech firms listing in Hong Kong Stock Exchange (HKSE) to succumb to a cyber security review for share sales jeopardizing national security. Beijing’s watchdog has played its card in its overdue battle with its tech sector, with a maneuver that will endanger […]
Silicon Valley’s chip production is lurching to enlarge its investments in Chinese semiconductor firms, as Washington’s rising tension of upholding its status in global innovation could be overthrown by Beijing’s bid for chip-sector sovereignty. One of the companies joining the semiconductor progression is Intel Corp. The chip manufacturer is backing Chinese company Primarius Technologies Co., […]
Since the rise of the fourth industrial revolution, digital innovation acted as one of the main pillars for global evolution, the future of machine learning with various tech companies adopting algorithm-based artificial intelligence (AI) will heighten the industry’s universal value. Artificial intelligence and machine learning are both associated as they are the most adopted technologies to […]
Telecoms operators should be flying high. Over the past 20 months they have been a linchpin of societies and economies, keeping businesses going, families talking and us all hooked to Netflix. And yet, from February to December 2020, telcos created less value for shareholders than nearly every other sector, according to Bain & Company. This […]
Embattled Japanese technology conglomerate Toshiba said Friday it is restructuring to improve its competitiveness, spinning off its energy infrastructure and computer devices businesses. The energy infrastructure spinoff will include Tokyo-based Toshiba Corp.’s nuclear power operations, including the decommissioning efforts at the nuclear plant in Fukushima that suffered meltdowns after an earthquake and tsunami in March […]
The United Nations Climate Change Conference, which was postponed a year because of COVID-19, has promoted a series of announcements from foundations and individuals attempting to pour money into efforts to fight climate change, an area many think philanthropy has neglected. As policymakers from around the world gathered in Glasgow for a series of long-awaited […]