Tech

After Beijing, Washington, EU unleash Big Tech regulation crusade

With the exponentially mounting tension between the U.S. and China, and each powerhouse launching its own Big Tech regulation crusade against homegrown giants, the U.S., and Europe have finally concluded how to target legion’s ever-growing supremacy. Both continental forces have finally taken their final stance regarding American tech chiefs, with the European Union (EU) having […]

Amazon stops accepting UK Visa credit cards, cites high fees

Amazon says it will stop accepting Visa credit cards issued in the United Kingdom because of a dispute over fees, marking growing tensions between the companies. The online retail giant said in a message Wednesday to customers that they won’t be able to use the payment company’s U.K. credit cards starting Jan. 19, blaming “the […]

Google to invest $750 million in Australia's tech future

Google announced Tuesday plans to invest $750 million in Australia’s tech future in the upcoming five years, ten months after threats of pulling the search engine out of the country. This year has put the Big Tech giant’s affiliation with the Australian government under the spotlight, as Google threatened to extract its search engine from […]

Ohio retirement fund sues Facebook over investment loss

Ohio’s largest public employee pension fund has sued Facebook — now known as Meta — alleging that it broke federal securities law by purposely misleading the public about the negative effects of its social platforms and the algorithms that run them. The lawsuit by the Ohio Public Employees Retirement System specifically claims that Facebook buried […]

China stiffens scrutiny on HKSE IPO, issues Beijing Stock Exchange

The Cyber Administration of China (CAC) uncovered on Sunday a draft rule requiring tech firms listing in Hong Kong Stock Exchange (HKSE) to succumb to a cyber security review for share sales jeopardizing national security. Beijing’s watchdog has played its card in its overdue battle with its tech sector, with a maneuver that will endanger […]

SpaceX delivers new crew of 4 to station, 'glorious sight'

A SpaceX capsule carrying four astronauts pulled up Thursday at the International Space Station, their new home until spring. It took 21 hours for the flight from NASA’s Kennedy Space Center to the glittering outpost. The one German and three U.S. astronauts said it was an emotional moment when they first spotted the space station […]

Chinese shoppers spend $139 billion during Singles' Day fest

Chinese shoppers spent $139.1 billion during this year’s annual Singles’ Day shopping extravaganza, breaking last year’s record even though spending slowed during the coronavirus pandemic. Alibaba tallied 540.3 billion yuan ($84.5 billion) in spending over the festival that spanned Nov. 1 to Nov. 11, the company said Thursday, a growth of 14% compared to a […]

Ford, Purdue partner on technology to speed up EV charging

Ford and Purdue University are partnering to develop a new charging station cable compatible with vehicle charging technology still being developed with hopes of making a broader transition to electric vehicles possible. Purdue researchers are trying to develop an alternative cooling method to prevent battery overheating with a charging cable that can deliver an increased […]

Tesla driver killed in fiery crash hit 90 mph, report says

The Tesla driver who died with a passenger in a fiery September crash near Miami accelerated to 90 mph (145 kph) in the seconds before he lost control and smashed into trees, federal investigators said Wednesday — a conclusion disputed by the attorney representing the driver’s family. The National Transportation Safety Board said in a […]

Taiwan's TSMC to build first chip plant in Japan amid crunch

Japanese electronics maker Sony and TSMC of Taiwan said Tuesday they plan to jointly build a computer chip plant in Japan with an initial investment of $7 billion. The plant in the southwestern city of Kumamoto will be the first foundry in Japan for TSMC, one of the world’s leading chipmakers. Construction will start next […]