TikTok Chief Executive Shou Zi Chew on a visit to Brussels on Tuesday sought to reassure the European Union the app would respect the bloc’s increasingly stringent tech rules and commitments to privacy and child safety. The short-video app, which is owned by Chinese technology conglomerate ByteDance, has for the last three years worked to […]
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Microsoft Corp is in advanced talks to invest in Gatik, a California-based autonomous driving startup, as part of its cloud partnership with the company, two people familiar with the discussions told Reuters. Microsoft plans to invest over $10 million in a financing round that values Gatik at more than $700 million, the sources added. As […]
Twitter Inc suffered a major outage on Wednesday, leaving tens of thousands of users globally unable to access the popular social media platform or use its key features for several hours before services appeared to come back online. The incident is the social media site’s first apparent widespread service disruption since billionaire Elon Musk took […]
While you’re more than likely reviewing, or eagerly awaiting, your Spotify Wrapped, Snapchat Year in Review and Instagram Playback, have you reviewed the telecoms happenings from this past year? Undoubtedly, the pandemic changed the telecoms game completely and in 2022, we’ve seen the post-COVID landscape begin to take shape. With the year coming to a […]
The lead privacy regulator for Twitter in the European Union said it was concerned about the potential impact of layoffs at the social media company on its ability to meet privacy obligations, but said it was so far getting answers to its questions. Twitter has fired top executives and enforced steep job cuts with little […]
Berkshire Hathaway Inc said it bought more than $4.1 billion of stock in Taiwan Semiconductor Manufacturing, a rare significant foray into the technology sector by billionaire Warren Buffett’s conglomerate. The news sent shares in TSMC soaring, closing up 7.9 percent in Taiwan on Tuesday, as it boosted investor sentiment for the world’s largest contract chipmaker, […]
Apple is one of the biggest names in the tech industry. It is a known fact that even though the brand is US based, the production is heavily based in China. This is a general practice among big tech names. The labor cost in China is cheaper, and most materials are available there. It makes […]
Layoffs have been taking place slowly since the pandemic started. Spiking the anxiety levels among employees making them more uncertain about their jobs than ever. This year though, the mass exodus of employees and the intense wave of layoffs have reached alarming levels. Leaving many employees without their source of income in its wake. In […]
Released as open-source software in 2009, Bitcoin was the first decentralized cryptocurrency and became the largest by market cap. But the concept of digital asset mining was proposed 27 years before this, in 1983. Today, there exists over 12,000 cryptocurrencies, and some companies accept them as valid payment methods, such as big tech giant, Apple […]
After months of tears and tantrums, bitcoin wants to split up with stock markets. The cryptocurrency, which has been closely correlated with tech stocks for much of its torrid 2022, is staging one of its strongest efforts yet to break away. Its 30-day correlation with the Nasdaq slid to 0.26 last week, its level lowest […]