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AI Managing Amazon's Flex HR Terminations

Amazon’s AI-powered HR workforce suffered a malfunction on Monday, leading to it mistakenly firing a number of its Flex drivers, as the company’s independent contractors are placed under the control of a questionable system. Amazon Flex is a new Amazon service allowing individuals to deliver products. The e-commerce giant initiated the program back in 2015 […]

UK watchdog tightens grip on crypto exchanger Binance

Popular cryptocurrency exchange company Binance has been baned by the UK’s Financial Conduct Authority (FCA), citing claims that it is not authorized to undertake any regulated activity in Britain, a statement by the watchdog said late last week. Binance is one of the main cryptocurrencies exchanges that provides a platform for trading various cryptocurrencies. Despite […]

Mexico central bank swats down banking magnate over Bitcoin

Mexico’s central bank on Monday swatted down the cryptocurrency enthusiasm expressed over the weekend by one of the country’s leading bankers. Ricardo Salinas Pliego, a magnate with large operations in retail, banking and television who has been seen as President Andrés Manuel López Obrador’s closest business ally, wrote in his social media accounts Sunday that […]

Casa Systems Extends Collaboration with Red Hat to Drive 5G Adoption

Casa Systems, Inc. a leading provider of physical and cloud-native infrastructure technology solutions for wireless, cable and fixed broadband networks, announced on Friday the general availability of its Axyom™ 5G multi-access core as a vendor validated cloud-native digital service enablement platform for Red Hat OpenShift, the industry’s leading enterprise Kubernetes platform. With Casa Systems converged […]

Spielberg's Amblin to make several films a year for Netflix

Steven Spielberg, a filmmaker synonymous with big-screen enchantment, has set a new deal with Netflix in which his production company, Amblin Partners, will make multiple feature films per year for the streaming giant. The partnership, one long courted by Ted Sarandos, Netflix chief content officer, is a major get for the company that, amid increasing […]

Axiata, Telenor merge mobile operations in Malaysia for $15.8 bn

Malaysia-based telecoms operator Axiata Group announced on Monday a merger with Norwegian telco Telenor for amount of $15.8 billion, in a bid to bring together their mobile operations under one roof within the country. “The signing today signifies a confirmation of the intent to establish a commercially stronger and more resilient digital converged service provider, […]

UK watchdog examines Apple-Google mobile system control

U.K. competition regulators are looking into Apple and Google smartphone operating systems, app stores and browsers, over concern that the control of “mobile ecosystems” by the two tech giants is harming consumers. The Competition and Markets Authority on Tuesday opened a market study of Apple’s iOS, App Store and Safari browser and Google’s Android, Play […]

Leak of billionaires' tax data draws GOP outcry over privacy

Republicans in Congress are alarmed by the leak of confidential IRS data to the investigative news organization ProPublica, enabling it to reveal that famous billionaires including Warren Buffett, Bill Gates and Mark Zuckerberg paid little in U.S. income tax at times. A senior IRS official said Thursday that a federal criminal investigation into the leak […]