Search results for "IT"

Retail investors can buy into Robinhood IPO stock

Robinhood Markets Inc. announced Wednesday its latest alteration to its share distribution, allowing firms issuing shares via the IPO Access platform to reserve stock for certain associates to the company, according to Reuters.  The trading platform’s Directed Share Programs (DSP), also referred to as “friends and family” offer, delivers workers, consumers, vendors, and various other members […]

Google bids on Pentagon program for Cloud computing technology

Three years ago, Google was pressured by its employees to drop a Pentagon project using artificial intelligence (AI), now, the Big Tech giant is chasing after another massive contract that will work on cloud computing to the military, according to The New York Times.  In 2018, Google backed away from Project Maven with the Department of […]

Australia regulator demands face-scanning firm delete photos

An Australian privacy authority has ordered facial recognition company Clearview AI to stop scanning the faces of Australians and destroy the images and related data it has already collected. It’s the latest challenge for the New York startup that has angered privacy advocates around the world over its practice of “scraping” photos from social media […]

US puts new controls on Israeli spyware company NSO Group

The Biden administration announced Wednesday it is putting new export limits on Israel’s NSO Group, the world’s most infamous hacker-for-hire company, saying its tools have been used to “conduct transnational repression.” The company, whose spyware researchers say has been used around the world to break into the phones of human rights activists, journalists, and even […]

Autonomous vehicle maker Nuro secures $600M for expansion

Electric vehicle maker Nuro said Tuesday it had secured $600 million in funding from Google, Kroger and others to continue the development of its autonomous delivery vehicle service. The Silicon Valley robotics company has already made thousands of grocery deliveries with Kroger as a part of a 2018 partnership. “Demand for local deliveries is exploding,” […]

Musk says Hertz did not finalize 100,000 Tesla deal, Hertz fires back

Elon Musk announced on Monday that Tesla has not signed a contract with Hertz, despite the rental car firm’s disclosure a week ago of a significant deal with the electric car manufacturer. Tesla shares jumped by 12.6 percent following the announcement of a massive order from Hertz of almost 100,000 vehicles on October 25, granting […]

Facebook cancels 937 accounts linked to Nicaragua government

Meta Platforms, the company that runs Facebook, said Monday it has canceled 937 accounts linked to the government of Nicaragua and the Sandinista party of President Daniel Ortega. Meta said it also removed 140 deceptive pages, 24 groups and 363 Instagram accounts for violating the company’s policy against “coordinated inauthentic behavior on behalf of a […]

UAE’s Etisalat marks a 2 percent rise in Q3, 2021

UAE-based telco, Etisalat, revealed its 2021, third quarter (Q3) financial report, unveiling a 2 percent rise in a fiscal year ending on September 30, reaching $3.62 billion. The group’s consolidated net profit rose to $653.38 million, imprinting a 1 percent increase in a fiscal year, with consolidated revenues reaching $3.62 billion, a 2 percent augmentation […]

Amid US sanctions, Huawei highlights uses for 5G technology

China’s Huawei Technologies Co. is providing smart services and 5G technology to industries such as healthcare, creating new revenue streams that might offset the damage to its smartphone business from U.S. sanctions. In the southern city of Guangzhou, the company teamed up with the Guangdong Second Provincial General Hospital to equip it with 5G technology […]