Tech

Australian authorities raise concerns against Apple NFT prohibitions

Australia’s parliamentary joint committee on corporations and financial services vocalized concerns around Apple’s business conduct in relation to prohibiting NFC chips incorporated into its device from being utilized for Apple Pay. Australian banks are required to deliver a monetary fee to the iOS developer to obtain access to its Apple Pay feature. In parallel, numerous […]

America 'on fire': Facebook watched as Trump ignited hate

The reports of hateful and violent posts on Facebook started pouring in on the night of May 28 last year, soon after then-President Donald Trump sent a warning on social media that looters in Minneapolis would be shot. It had been three days since Minneapolis police officer Derek Chauvin kneeled on the neck of George […]

EU investigates Nvidia's purchase of chip designer Arm

European Union regulators opened an investigation Wednesday into graphics chipmaker Nvidia’s $40 billion purchase of chip designer Arm over concerns it would limit competition, adding to global scrutiny of the deal. The European Commission said it’s concerned the combined company would have the ability and incentive to restrict access to technology from United Kingdom-based Arm […]

Facebook’s ad revenue takes hit from Apple ATT update

Following Facebook’s financial results released on Monday, the social networking giant is anticipating a damaging effect rising from Apple’s iPhone privacy alterations led by Snap Inc’s missed revenue targets. In April, the iOS developer incorporated additional privacy updates to prohibit advertisers from monitoring iPhone users without their permission. Apple’s move fueled fear in digital ad […]

Chinese tech regulations morph U.S. firms’ course of action

U.S. Big Tech legion seems to be torn between two economic powerhouses. In a battle for dominion between the East and the West, Big Tech companies are forfeiting from the Chinese market to prevent getting caught in the conflict, except for Apple, according to the BBC. Last week, Microsoft announced news of shutting down its professional […]

IBM brings $17.79 billion for Q3 revenue

IBM released on Wednesday its third-quarter (Q3) revenue report, revealing the hardware company’s rise in cloud unit, faced with a drop in IBM Z Power systems. The hardware computer mogul reported a non-generally accepted accounting principle (GAAP) of $2.52 earnings per share (EPS) revenue, resulting in $17.6 billion, with a 1 percent rise Year-over-Year (YoY). Non-GAAP […]

Smartphone producer Foxconn announces electric car venture

TAIPEI, Taiwan (AP) — The Taiwanese company that manufactures smartphones for Apple Inc. and other global brands announced plans Monday to produce electric cars for auto brands under a similar contract model. Foxconn Technology Group will produce cars and buses for brands in China, North America, Europe and other markets, said its chairman, Young Liu. […]

Spotify to generate ads on podcast, regulatory gaze fixates

Spotify’s rising success drives it to explore new horizons with generating ads on podcast for higher revenues, as Britain’s watchdogs direct their attention towards Europe’s streaming platforms, Reuters reports. “We are increasing our ads business marketing workforce by over 70 percent in Europe, Australia, and Canada … and that’s off a pretty sizable base,” Spotify’s head of […]

Clubhouse Music Mode feature boosts sounds

Social audio platform, Clubhouse, launched a new Music Mode to enable a more superior experience when playing and indulging in musical delights, easing up the process of playing and listening to music. Whether you’re an artist on the app or simply a listener, the new Music Mode “optimizes Clubhouse to broadcast your music with high […]

WhatsApp backup encryption role in safeguarding Data

Facebook announced Thursday deployment news of WhatsApp’s end-to-end encrypted chat backups for iOS and Android devices. For years, the social networking company provided end-to-end encryption to its messaging platforms. However, with its last encrypted edition, users can obtain a mirrored level of security coding with the devices’ backup. The recently added feature will be slowly […]