Search results for "stock"

Chinese tech crackdown forges Apple’s iron grip

The Chinese tech crackdown to reign in the industry’s firms has reached a new frontier, U.S. Big Tech. As China ups its regulatory game on tech firms, American sweetheart, Apple, has always managed to avoid being caught in the crossfire by striving to preserve a sharp image with Chinese authorities. With President Xi Jinping launching […]

US regulators seek answers from Tesla over lack of recall

U.S. safety investigators want to know why Tesla didn’t file recall documents when it updated Autopilot software to better identify parked emergency vehicles, escalating a simmering clash between the automaker and regulators. In a letter to Tesla, the National Highway Traffic Safety Administration told the electric car maker Tuesday that it must recall vehicles if […]

Android’s apps trail users’ device interaction, research finds

Google, device manufacturers, and third-party apps could be probing deeper into users’ on-device habits by creating a tailing road to survey their every interaction through Android’s apps OS, a Trinity College’s study revealed. Data breaches and password leaks have taken the world by a swoop the minute a global conceptualization broke out that no one […]

Google vs Epic Games, the unbounded feud

Once more, Epic Games comes across another counterattack from a Big Tech player, Google. The search engine giant countersued on Monday the gaming firm under allegations of violating its contract by welcoming an additional payment system to overtake the Play Store’s payment systems and its 30 percent in-app purchase commission. To those who do not […]

Apple-Epic Games lawsuit appealed by iPhone maker

One month after the U.S. federal court issued its verdict on the Apple-Epic games lawsuit, the iPhone maker filed on Friday an appeal that could potentially put on hold any adjacent lawful ruling on the matter. In the Epic vs. Apple case ruling, judge Yvonne Gonzales Rogers ruled that the Big Tech giant was indulging […]

DOJ empowers False Claims Act, Federal contractors’ cybersecurity threat

U.S. Department of Justice (DOJ) disclosed on Wednesday intentions of implementing the False Claims Act as an additional measure to follow-up on cybersecurity cases intertwined with federal contractors playing a role in exposing the country’s security ecosystem to cybersecurity threats. Deputy Attorney General Lisa O. Monaco introduced this week the Civil Cyber-Fraud Initiative that will […]

EC wants to ban facial recognition in regulatory motion

The European Commission (EC) has finally commenced its strategy to curb Artificial Intelligence (AI) influence by voting on the ban of facial recognition in Europe’s law enforcement agencies until further regulations legislation. EU revealed through research that the adoption of facial recognition for law enforcement is resulting in more harm than good and that the […]

Trading apps move to get a live person to hear your problems

It’s one of the downsides of apps that make things like ordering food or buying stocks and cryptocurrencies easier: What happens when something goes wrong? It’s often a frustrating chase, tapping through menu after menu in hopes of reaching a person to fix the problem. It’s also something that upstart companies upending the investment and […]

China power shortage inflicts anarchy into tech supply chain

China is facing the worst power shortage in its history as the electricity crunch and authorities force manufacturers to cut down on production, an act that could unleash chaos within the tech supply chain. Companies are bracing themselves for what could be the pinnacle of production after COVID-19 merely ravaged the industry. Now, another factor […]

China tightens political control of internet giants

The ruling Communist Party is tightening political control over China’s internet giants and tapping their wealth to pay for its ambitions to reduce reliance on U.S. and European technology. Anti-monopoly and data security crackdowns starting in late 2020 have shaken the industry, which flourished for two decades with little regulation. Investor jitters have knocked more […]