Digital media company BuzzFeed is setting its sights on growth. It plans to become a publicly traded company with an implied value of $1.5 billion through a merger with a special purpose acquisition company. BuzzFeed hopes the move will put it in a better position to capture lucrative digital ad dollars against much bigger rivals […]
Tech
A Dutch consumer group is launching a 1.5 billion euro ($1.8 billion) claim against TikTok over what it alleges is unlawful harvesting of personal data from users of the popular video sharing platform. The Consumentenbond and a foundation called Take Back Your Privacy demanded Thursday that TikTok pay damages to 1.2 million to 1.6 million […]
Steven Spielberg, a filmmaker synonymous with big-screen enchantment, has set a new deal with Netflix in which his production company, Amblin Partners, will make multiple feature films per year for the streaming giant. The partnership, one long courted by Ted Sarandos, Netflix chief content officer, is a major get for the company that, amid increasing […]
Without speaking a word or scratching a pen across paper, President Joe Biden drove up the pressure on Big Tech companies already smarting under federal and congressional investigations, epic antitrust lawsuits and near-constant condemnation from politicians of both parties. Biden last week elevated a fierce critic of Big Tech, antitrust legal scholar Lina Khan, to […]
When U.S. law enforcement officials need to cast a wide net for information, they’re increasingly turning to the vast digital ponds of personal data created by Big Tech companies via the devices and online services that have hooked billions of people around the world. Data compiled by four of the biggest tech companies shows that […]
IT task automation is no longer just an upgrade to daily workflow that makes life easier for employees, it has become the new norm. The sooner an organization embraces the latest network automation tools, the sooner they will gain an edge over their competitors and join the 21st century. So, who uses these network automation tools and what processes and tasks do they help? Network automation […]
Artificial intelligence (AI) helps retailers to create data models related to consumers’ buying behavior, which facilitate them in making demand forecasting and data-driven decisions. It also helps retailers to offer a personalized shopping experience to customers. Extensive R&D investments to increase AI capabilities and its application scope in various industries will positively influence artificial intelligence […]
Facebook is launching podcasts and live audio streams in the U.S. on Monday to keep users engaged on its platform and to compete with emerging rivals. Facebook says it is allowing public figures with verified accounts to start live audio rooms and invite anyone else to speak. A handful of podcasts will be available to […]
The Mayflower had a few false starts before its trailblazing sea voyage to America more than 400 years ago. Now, its artificial intelligence-powered namesake is having some glitches of its own. A sleek robotic trimaran retracing the 1620 journey of the famous English vessel had to turn back Friday to fix a mechanical problem. Nonprofit […]
IBM on Tuesday unveiled one of Europe’s most powerful quantum computers in Germany, boosting the country’s efforts to stay in the race for what’s considered a key technology of the future. Quantum computers use subatomic particles to get around the limitations of traditional physics and perform calculations at far higher speeds than even the fastest […]