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UK draws up plans to heighten digitalization of global trading

The UK government’s Board of Trade uncovered Friday a report with plans to enhance digitalization of global trading to deliver significant opportunities for local businesses to play a role in empowering economic growth. The board, led by the country’s trade minister Anne Marie Trevelyan, structured the report to highlight the vitality of heightening digitalization of […]

Senate Calls for Testimony from Instagram CEO, Adam Mosseri

Instagram CEO, Adam Mosseri, will give testimony before Congress on December 6th, in a set of hearings for the platform’s approaches towards teens’ online protection, The New York Times reported. The testimony will be a follow-up after Senate lawmakers intensified their scrutinizing gaze on the platform concerning how its parent company Meta – previously Facebook – […]

Apple suing Israeli hacker-for-hire company NSO Group

Tech giant Apple announced Tuesday it is suing Israel’s NSO Group, seeking to block the world’s most infamous hacker-for-hire company from breaking into Apple’s products, like the iPhone. Apple said in a complaint filed in federal court in California that NSO Group employees are “amoral 21st century mercenaries who have created highly sophisticated cyber-surveillance machinery […]

Italian competition watchdog fines Apple, Amazon $225M

Italy’s antitrust watchdog has fined Apple and Amazon a total of more than 200 million euros ($225 million) for cooperating to restrict competition in the sale of Apple and Beats branded products in violation of European Union rules. An investigation found that provisions in a 2018 agreement between the U.S. tech giants limited access to […]

NYC Aims to Be First to Rein in AI Hiring Tools

Job candidates rarely know when hidden artificial intelligence tools are rejecting their resumes or analyzing their video interviews. But New York City residents could soon get more say over the computers making behind-the-scenes decisions about their careers. A bill passed by the city council in early November would ban employers from using automated hiring tools […]

HaptX accuses Meta of identical patent for “Haptic Glove”

Haptic gloves company “HaptX” is alleging that Meta has emulated its design in its latest uncovering for the Haptic Glove in Wednesday’s reveal, stating it appears “to be substantially identical” to its patents. Virtual Reality (VR) and Augmented Reality (AR) haptic glove pioneer HaptX pointed fingers at Meta – formerly known as Facebook – stating […]

Meta reveals “Haptic Glove” for Metaverse’ VR

Mark Zuckerberg posted on Tuesday a video of him experimenting on a “haptic glove” to assist in sensing virtual objects, to highlight Meta’s virtual reality (VR) fueled metaverse. The cyborg glove is developed with hundreds of small motors to help bring sensory feeling to the hand. In addition to locking limbs into specific positions, such […]

Google supports local journalism in new feature

Google announced on Tuesday the release of its latest feature directed at local journalism readers and reports to assist in organizing local news outlets. The latest feature will deliver more transparency to homegrown news content when individuals seek information concerning their community. According to the search engine, its latest feature is not a new one […]

China stock exchange for entrepreneurs launches in Beijing

A stock exchange set up in the Chinese capital to serve entrepreneurs opened trading Monday with 81 companies amid a crackdown on tech giants that has wiped more than $1 trillion off their market value abroad. The Beijing Stock Exchange joins other mainland Chinese exchanges in Shanghai and the southern city of Shenzhen. They are […]

Google’s appeal on $2.8 billion fine refused by EU General Court

Europe’s antitrust regulators marked their biggest win on Wednesday after Google lost an appeal on a $2.8 billion for attempting to monopolize shopping services while downgrading competitors’ services. The win signaled the European Commission’s first major triumph against one of the Big Tech giants out of three key court rulings aimed at heightening regulations on […]