Chinese budget smartphone maker Xiaomi is set to raise around $1.2 billion from debt issuance, with $800 million worth of bonds due for payment in 2031 with a coupon of 2.87 percent per year, a regulatory filing said. The move comes at a tricky time as other Chinese tech companies have seen themselves pitted in a government crack down led […]
Tech
China’s most popular social media service has deleted accounts on LGBT topics run by university students and nongovernment groups, prompting concern the ruling Communist Party is tightening control over gay and lesbian content. WeChat sent account holders a notice they violated rules but gave no details, according to the founder of an LGBT group, who […]
Dozens of states are taking aim at Google in an escalating legal offensive on Big Tech. This time, attorneys general for 36 states and the District of Columbia have filed a lawsuit targeting Google’s Play store, where consumers download apps designed for the Android software that powers most of the world’s smartphones. The 144-page complaint […]
Stakes have been mounting between two of the world’s major superpowers; however, the matter has shied away from ideologies and nuclear weapons and has moved matters into a realm etched into the very fabric of our everyday life: technology. Noticeably everything sharply ignited by former U.S. president Donald Trump’s blacklisting of Chinese tech titan Huawei […]
Popular micro-blogging platform Twitter stands facing legal accountability in India after failing to adhere to the country’s new IT act forcing social networking sites to remove content following the issuance of a legal order. Twitter has been facing an increasing backlash from a plethora of fronts for the past couple of months. As steep tensions […]
Audio-editing software Audacity has been accused by its users of being spyware for governments, following its update of its privacy terms which would see it collecting private user data. The privacy terms, which were released last week, state that the program will start collecting certain forms of “personal data” like the user’s operating system name […]
Chinese leader Xi Jinping on Tuesday attacked calls from some in the U.S. and its allies to limit their dependency on Chinese suppliers and block the sharing of technologies. In a speech to representatives of leftist political parties in more than 100 countries, Xi said China’s ruling Communist Party has succeeded in raising the country […]
When Singaporean global investment company Temasek announced the financing news of Google-backed Indian software engineer company, DotPe. India’s digital services space was bound to enter a new round of changes by delivering users a more customized and brand-led experience. However, the Temasek investment in Google-backed DotPe could hold significant risks for platforms such as Zomato […]
Tiktok’s Chinese caretaker company ByteDance debunks any implications of selling Tiktok’s advanced artificial intelligence technology to other companies. Succeeding a published report by the Financial Times stating the Beijing-based company ByteDance will be selling its prominent Tiktok’s AI technology to well thought of list of clients. Allegedly, the client list includes a distinct range […]
Popular streaming service Netflix is looking to bolster its position in Sub Saharan Africa (SSA), with the release of a new, cheaper, and mobile-only subscription since smartphones are heavily used on the continent. The new subscription will cost $3.99, which is almost 50 percent to 60 percent cheaper than their basic plan. According to the […]