Search results for "IT"

Climate bid faces tricky path over money for electric cars

The bipartisan compromise on infrastructure cuts in half President Joe Biden’s call for $15 billion to build 500,000 electric vehicle charging outlets, raising the stakes as the administration seeks to win auto industry cooperation on anti-pollution rules to curb climate change. The Senate legislation provides $7.5 billion in federal grants to build a national network […]

Google requests privacy policy for Play store apps

Google announced on Wednesday that Android developers will be required to include a privacy policy with their apps starting April 2022. This request is not new, as the Big Tech revealed earlier in May that developers must declare their safety information within a deadline between October and April. However, Google decided this week to provide […]

Uber shares drop as Softbank plans to sell 45 million in stakes

Uber shares tumbled on Wednesday with more than 4.5 percent in extended trading, following a report stating that SoftBank is selling around $2 billion worth of shares, in a definitive attempt to recover from lost bets on Didi and other investments. Japanese telecommunications and technology multinational conglomerate Softbank is selling a whopping 44 million shares […]

From Big Tech to Ed Tech: Chinese regulations target education sector

Late on Wednesday, Xinhua News Agency reported that China’s latest regulations against tutoring for profit and Big Tech is beneficial to the country’s growth as it stiffens its commitment to expand its capital market, leading to a share plunge in education firms. China’s latest attempt to ease financial pressure on families that support low birth […]

Pfizer vaccine efficacy falls to 84% after 6 months

Pfizer and BioNTech published on Wednesday new data indicating their COVID-19 vaccine efficacy decline from 96 percent to 84 percent over six months. These numbers are regarded as a big motivator to the drug makers currently developing a third “booster shot” to target the Indian Delta variant.  The released data shows that the antibody levels […]

Google delays return to office, mandates vaccines

Google is postponing a return to the office for most workers until mid-October and rolling out a policy that will eventually require everyone to be vaccinated once its sprawling campuses are fully reopened. The more highly contagious delta variant of the coronavirus is driving a dramatic spike in COVID-19 cases and hospitalizations. Google’s Wednesday announcement […]

Asia stocks advance, tech giants rally after Fed report

Asian stocks mostly rose Thursday after the Federal Reserve kept its accommodative monetary policies and signaled that economic recovery was on track. Chinese technology giants led the way, as authorities moved to soothe jitters over anti-monopoly and data security enforcement against the industry. Tokyo’s Nikkei 225 gained 0.4% to 27,687.28, while the Kospi in South […]

Instagram’s new settings target creepy adults

It’s every parent’s worst nightmare. Viewing your child’s social media accounts only to find obscene messages from older users intended for your preteen son or daughter. Unfortunately, nightmares like this are a reality for a rapidly increasing number of parents, as more youngsters’ dive into the social media world.  Luckily, Instagram has decided to take it in their hands to put an end to child predators roaming the photo and video-sharing site. […]

eBay cyberstalking schemer sentenced to 18 months in prison

Former eBay security manager Philip Cooke was sentenced on Tuesday to 18 months in prison for his role in an intense cyberstalking campaign against a pair of eBay critics.   U.S. district judge Allison Burroughs issued the sentence nine months after Cooke was found guilty to conspiracy of cyberstalking and tampering with witnesses.  According to federal prosecutors and a lawsuit filed last week by the victims, a group of eBay employees led by executives began in 2019 targeting the […]

Maxima Telecom wins $13.5M contract for biometric cameras in Moscow

Moscow’s public Wi-Fi provider, Maxima Telecom, won earlier this month a $13.6 million contract for the installation of 2000 biometric cameras on the roads of the capital, according to Russian media reports.  The contract was completed with the Center for Traffic Management of Moscow. It aims to deploy a neural network in the capital that will receive data from cameras, record accidents, fires and other incidents, and report them […]