Search results for "IT"

China targets 33 apps over misuse of private user data

Cyberspace Administration of China (CAC) has ordered 33 app developers to cease the practice of collecting private user data without first receiving consent from its users, under threat of penalties, the severity of which are yet to be clear. The developers, which include Baidu, Tencent, iFlytek and Sogou, have been given ten days to comply […]

Facebook's oversight board: Watchdog or distraction?

Facebook’s oversight board, which on Wednesday upheld the company’s ban of former President Donald Trump, also had some harsh words for the company. Calling Facebook’s indefinite ban of Trump a “vague, standardless penalty,” the board accused Facebook — its corporate sponsor — of seeking to “avoid its responsibilities” by asking its quasi-independent oversight group to […]

Global sports technology market to reach $41 billion by 2026

While the pandemic brought everyday life to a screeching life, sports technology continued to remarkably grow at a substantial rate.   According to a report by Grand View Research, the global sports technology market size was valued at $11.70 billion in 2020 and is expected to register a compound annual growth rate (CAGR) of 16.8 percent from 2021 to 2028.  […]

Microsoft pledges to let EU users keep data inside bloc

Microsoft is pledging to let business and public sector customers in the European Union keep cloud computing data inside the 27-nation bloc to avert concerns about U.S. government access to sensitive information. Microsoft “will go beyond our existing data storage commitments and enable you to process and store all your data in the EU,” said […]

Stellantis CFO: Chip shortage impact remains 'controlled'

The Stellantis automotive company created out of the merger of Fiat Chrysler Automobiles and PSA Peugeot reported Wednesday a 14% increase in first-quarter revenues, despite a drop in production due to the semiconductor shortage. Stellantis revenues for the first three months of 2021 were 36.9 billion euros, compared with 32.4 billion euros ($44.42 billion) in […]

Uber demand jumps as delivery grows, ride-hailing recovers

Uber saw record demand in the first quarter as its food delivery business grew and ride-hailing began to see some recovery. The San Francisco-based company said Wednesday that its bookings jumped 24% to $19.5 billion _ an all-time high _ in the January-March period. That was far ahead of the $18 billion Wall Street was […]

Google says 20% of workers will be remote, many more hybrid

Google says it expects about 20% of its workforce to still work remotely after its offices reopen this fall, while some 60% will work a hybrid schedule that includes about three days in the office and two days “wherever they work best.” The remaining 20% can change their location to a different Google office. The […]

Facebook board's Trump decision could have wider impacts

Since the day after the deadly Jan. 6 riots on the U.S. Capitol, former President Donald Trump’s social media accounts have been silent — muzzled for inciting violence using the platforms as online megaphones. On Wednesday, his fate on Facebook, the biggest social platform around, will be decided. The company’s quasi-independent Oversight Board will announce […]