As he made history by becoming the first person to fly across New Zealand’s Cook Strait in an electric plane, Gary Freedman thought it only fitting that the first thing he saw when approaching the Wellington coastline was the rotating blade of a wind turbine producing renewable energy. Freedman’s 40-minute solo flight in the small […]
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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 global computer chip shortage cut into third-quarter profits at both Ford and crosstown rival General Motors, with both companies having to temporarily close factories, pinching supplies on dealer lots. Ford’s net income of $1.83 billion fell 23% from a year ago, while GM’s profit dropped 40% to $2.4 billion. High prices, mainly for the […]
Growth in Microsoft’s cloud computing business helped push its profit up 24% in the July-September quarter over the same time last year. The Redmond, Washington-based tech company on Tuesday reported quarterly profit of $17.2 billion, or $2.27 per share, beating Wall Street expectations of $2.08 per share. Microsoft profits have soared throughout the pandemic thanks […]
Facebook the company is losing control of Facebook the product — not to mention the last shreds of its carefully crafted, decade-old image as a benevolent company just wanting to connect the world. Thousands of pages of internal documents provided to Congress by a former employee depict an internally conflicted company where data on the […]
Hertz announced Monday that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of battery-powered cars in history and the latest evidence of the nation’s increasing commitment to EV technology. The news of the deal triggered a rally in Tesla’s stock, driving the carmaker’s market value over the $1 trillion mark […]
Facebook in India has been selective in curbing hate speech, misinformation and inflammatory posts, particularly anti-Muslim content, according to leaked documents obtained by The Associated Press, even as the internet giant’s own employees cast doubt over its motivations and interests. Based on research produced as recently as March of this year to company memos that […]
Etisalat and Microsoft join forces to unleash its latest 5G enterprise by emerging Azure Multi-access Edge Compute, a power move to highlight the giant’s partnership with Emirate’s telco. In a press release, Etisalat revealed that its recent collaboration with the Big Tech titan’s digital crime unit (DCU) will empower digital security in the Middle East […]
In its first significant action under a new director, the Consumer Financial Protection Bureau is ordering Apple, Amazon, PayPal and other tech giants to reveal how their proprietary payment networks function. Apple Pay, Google Pay and other payment systems created by big tech companies now dominate large portions of e-commerce and person-to-person payments. CFPB Director […]
Amazon announced on Wednesday news of a new tool that could help third-party sellers retrieve data, to better predict shoppers’ demands to create products that accommodate the market’s needs. Amazon Product Opportunity Explorer will provide retailers with the opportunity to gain access to data and the latest trends to assist in identifying opportunities to market […]