Twitter might be interested in buying Clubhouse, according to Bloomberg, adding that “The social media platform held talks in recent months to buy Clubhouse, the buzzy, audio-based, social network, for $4 billion.” The talks between the two social media platforms have reportedly stopped, and it is unclear why. It is also unclear whether Twitter or […]
Technology
The UK government launched on Wednesday a new tech watchdog that will help make sure tech giants, such as Facebook and Google, cannot exploit their market dominance to crowd out competition and stifle innovation. The Digital Markets Unit (DMU), based in the Competition and Markets Authority (CMA), will oversee plans to give consumers more choice […]
UPS is buying 10 electric vertical aircraft as it attempts to improve delivery times in small and mid-size markets. eVTOLs are a cross between a helicopter and a fixed-wing airplane, meaning they can fly at higher speeds, as well as ascend and descend vertically. In an announcement Wednesday, the Atlanta delivery company said it will […]
It will come to no one’s surprise that the pandemic has drastically changed the landscape and dynamic of the global workforce, forcing companies worldwide to either adapt or fall victim to the swiftness of the new working norm. Businesses scrambled to adjust, especially when making the switch to remote work arrangements; this, not only showed […]
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 […]
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. […]
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 […]
U.S. technology employment continued to expand in March, contributing to the strongest month for hiring the country has experienced since last August, according to an analysis by CompTIA, the nonprofit association for the information technology (IT) industry and workforce. Tech sector companies added 9,700 jobs in March, a combination of technical and non-technical positions, data […]
New York City announced earlier this week the deployment of a new COVID-19 passport built on IBM’s blockchain-based health pass technology, as businesses in the U.S. are starting to request proof of vaccination or negative PCR for entry. The COVID-19 passport app, called Excelsior Pass, is a free and voluntary platform developed in partnership with […]
Maybe the Luka Doncic rookie basketball card that recently sold at auction for a record $4.6 million was a bit rich for your blood. Perhaps you’d be interested in a more affordable alternative — say, a virtual card of the Dallas Mavericks forward currently listed for a mere $150,000? Not long ago, there’s no way […]