Companies in China would need government approval to transfer important data abroad under proposed rules announced Friday that would tighten Beijing’s control over information and might disrupt operations for international corporations. The measure is needed to protect the Chinese public and “safeguard national security,” the Cyberspace Administration of China said. President Xi Jinping’s government sees […]
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Chinese tech giant Huawei’s sales fell 32% from a year earlier in the first nine months of 2021 under U.S. sanctions and following the sale of its Honor smartphone brand, according to figures released Friday. Huawei Technologies Ltd.’s smartphone and other consumer-oriented businesses have been “significantly impacted” but sales to phone carriers and other commercial […]
British lawmakers grilled Facebook on Thursday over how it handles online safety as European countries move to rein in the power of social media companies. Facebook’s head of safety said the tech giant supports regulation and has no business interest in providing people with an “unsafe experience.” Representatives from Google, Twitter and TikTok also answered […]
The rippling effect the global chip shortage inflicted on Big Tech firms manifested into Apple’s fourth quarter (Q4) revenues, reporting in a $6 billion loss that could potentially delay manufacturing plans, according to CEO Tim Cook. The Big Tech titan revealed Thursday its financial report for the fiscal year 2021, failing to accommodate Wall Street expectations, an outcome heavily attributed to […]
Australia’s parliamentary joint committee on corporations and financial services vocalized concerns around Apple’s business conduct in relation to prohibiting NFC chips incorporated into its device from being utilized for Apple Pay. Australian banks are required to deliver a monetary fee to the iOS developer to obtain access to its Apple Pay feature. In parallel, numerous […]
The reports of hateful and violent posts on Facebook started pouring in on the night of May 28 last year, soon after then-President Donald Trump sent a warning on social media that looters in Minneapolis would be shot. It had been three days since Minneapolis police officer Derek Chauvin kneeled on the neck of George […]
Following Facebook’s financial results released on Monday, the social networking giant is anticipating a damaging effect rising from Apple’s iPhone privacy alterations led by Snap Inc’s missed revenue targets. In April, the iOS developer incorporated additional privacy updates to prohibit advertisers from monitoring iPhone users without their permission. Apple’s move fueled fear in digital ad […]
Once more, the social networking giant is under the spotlight. Facebook’s employees have effortlessly acted to restrain right-wing platforms, ignoring managers’ objections to prevent any future political clash on its platform, reported by the Wall Street Journal (WSJ). In-house debates between the tech giant’s managers and employees were driven by recent worries that Facebook is inversely […]
More than 70 percent of China’s 5G smartphones are driven by the country’s expanded network coverage and ampler models’ options, resulting in an 8.1 percent rise in sales for fifth-generation network devices. China, a country with a mindset focused on usurping the U.S. from its throne as the world’s largest economy, is impressively playing the […]
The term “metaverse” seems to be everywhere. Facebook is hiring thousands of engineers in Europe to work on it, while video game companies are outlining their long-term visions for what some consider the next big thing online. The metaverse, which could spring up again when Facebook releases earnings Monday, is the latest buzzword to capture […]