Search results for "AI "

Corporations gave over $50M to voting restriction backers

When executives from Coca-Cola and Delta Air Lines spoke out against Georgia’s new voting law as unduly restrictive last week, it seemed to signal a new activism springing from corporate America. But if leaders of the nation’s most prominent companies are going to reject lawmakers who support restrictive voting measures, they will have to abruptly […]

Facebook removes accounts tied to Iranian exile group

Facebook said Tuesday it has removed hundreds of fake accounts linked to an Iranian exile group and a troll farm in Albania. The accounts posted content critical of Iran’s government and supportive of Mujahedeen-e-Khalq, a dissident group known as MEK. In many cases, the Facebook and Instagram accounts used fake profile names and photos. Facebook […]

Japan's Toshiba studies acquisition proposal by global fund

Trading in Toshiba stock was halted Wednesday after the Tokyo-based technology conglomerate confirmed it had received a preliminary acquisition proposal. Toshiba Corp. said it had asked for more details on the proposal it had received on Tuesday, was giving it “careful consideration” and would make an announcement “in due course.” Major Japanese newspaper Nikkei reported […]

Lawmakers call YouTube Kids a 'wasteland of vapid' content

A House subcommittee is investigating YouTube Kids, saying the Google-owned video service feeds children inappropriate material in “a wasteland of vapid, consumerist content” so it can serve them ads. The inquiry comes despite Google agreeing to pay $170 million in 2019 to settle allegations that YouTube collected personal data on children without their parents’ consent. […]

SKorea's LG to exit loss-making mobile phone business

South Korean electronics maker LG said Monday it is getting out of its loss-making mobile phone business to focus on electric vehicle components, robotics, artificial intelligence and other products and services. LG’s board approved the shift in strategy and the company expects to fully exit the mobile phone business by the end of July, it […]

High court sides with Google in copyright fight with Oracle

Technology companies sighed with relief Monday after the Supreme Court sided with Google in a copyright dispute with Oracle. The high court said Google did nothing wrong in copying code to develop the Android operating system now used on most smartphones. To create Android, which was released in 2007, Google wrote millions of lines of […]

Celsius wins best cryptocurrency wallet for 2021

London-based FinTech company Celsius has been awarded the Best Cryptocurrency Wallet award in the fifth annual FinTech Breakthrough Awards program which recognizes the top companies, technologies, and products in the global FinTech market today. Celsius generates yield on crypto through its robust crypto-lending business and diversified deployment channels. Celsius manages over $10 billion in cryptocurrencies […]

MTN Nigeria restored on banking platforms

MTN Nigeria’s access to banking platforms has been restored earlier this week following a dispute between the telco and most lenders across the country over commission percentages. Bloomberg had initially reported that the spat ignited when MTN cut the commission it pays to banks per airtime transaction from 4.5 percent to 2.5 percent. The move […]

Saudi’s Saline Water Conversion corporation breaks records for low energy usage

The KSA’s Saline Water Conversion Corporation (SWCC) was officially recognized by Guinness World Records for setting its record-setting reduction in energy consumption for water desalination to 2.271 kWh per cubic meter. For the company this represents achieving a pioneer position in promoting environmental sustainability, and that “SWCC achieved this milestone by adopting innovative technologies that […]