Layoffs have been taking place slowly since the pandemic started. Spiking the anxiety levels among employees making them more uncertain about their jobs than ever. This year though, the mass exodus of employees and the intense wave of layoffs have reached alarming levels. Leaving many employees without their source of income in its wake. In […]
Big Tech
In the current state of the world, the challenges the world is facing bleed into the economic aspect as well. The job market is more ruthless than ever. Layoffs, or as some like to refer to them, realignment, hit every pillar of the tech industry. Small fish are getting affected, and the giant whales are […]
Five Chinese tech-focused ETFs launched on Friday, testing investor appetite for chipmakers, new materials producers and machine tool manufacturers amid an escalating Sino-U.S. tech war, and a global rout in tech shares. The new batch of exchange-traded funds (ETFs) were given regulatory approval at record pace over the weekend, in an apparent effort by authorities […]
A bipartisan group of U.S. lawmakers on Monday released a revised version of a bill aimed at making it easier for news organizations to negotiate collectively with platforms like Google and Facebook. The Journalism Competition and Preservation Act “removes legal obstacles to news organizations’ ability to negotiate collectively and secure fair terms from gatekeeper platforms […]
India’s government on Wednesday withdrew a data protection and privacy bill which was first proposed in 2019 and had alarmed big technology companies such as Facebook and Google, announcing it was working on a new comprehensive law. The 2019 law had proposed stringent regulations on cross-border data flows and proposed giving the Indian government powers […]
The European Commission is considering creating a new directorate that may be headed by two top antitrust officials to enforce tough new rules aimed at reining in the powers of Big Tech, two people familiar with the matter said. Such a move could ease concerns that the EU competition watchdog may struggle to get technology […]
Mergers, acquisitions, and partnerships have been lately considerably increasing in numbers. The notably fast evolution in technology has pushed big technology companies (techcos) and most recently telecom companies (telcos) to look for avenues to spearhead the competition into adopting emerging concepts and practices. The scale of such events and the significantly large amounts spent in […]
Big tech companies such as Meta (Facebook), Google, Amazon, Twitter, and others have always tried to keep their algorithms close to their hearts. At the end of the day, these long stretches of code are main contributors to the company’s revenue streams. Whether it is in marketing, advertisement selection, recommendation, search optimization, or other functionalities, […]
Big Tech’s entry into telecoms is shaking up the industry 2021 was a huge year for tech giants and telecoms with Google, Verizon and most recently Amazon Web Services (AWS) all announcing plans to enter the telecoms space. The convergence of Big Tech telecoms is nothing new and each company has their own plans to […]
Meta, Alphabet unit Google, Twitter and Microsoft agreed on Thursday to take a tougher line against disinformation under an updated EU code of practice that could hit them with hefty fines if they fail to do so. More than 30 signatories including advertising bodies have committed to the updated Code of Practice on disinformation, the […]