Microsoft faces investor call to publish global tax affairs

LONDON - Investors managing more than $350 billion of assets have demanded that Microsoft (NASDAQ:MSFT) publish more transparent tax and financial information, as tech giants face growing...

I saw first-hand how the tech giants seduced the EU

Silicon Valley lobbied to change EU policy. Europe needs better ways to hold firms like Google and Meta to accountThe tide is seemingly turning against Meta, Google and other tech giants....

Meta Will Integrate NFTs to Boost the Creator Economy on Social Media

Recently, Meta announced that it was working to expand on the ways in which creators can earn money through Facebook and Instagram. The company has emphasized investment into Web 3.0...

Microsoft faces investor call to publish global tax affairs

Investors managing more than $350 billion of assets have demanded that Microsoft publish more transparent tax and financial information, as tech giants face growing scrutiny globally over their...

One of China’s Top Tech Investors Sees Crackdown Turning Point

Fred Hu is the former Goldman Sachs Group Inc. rainmaker who started the $17 billion Chinese private equity firm Primavera Capital. “This could be the beginning of a new era for China tech,” Hu,...

Amazon's Prime Day shopping event, set for July 12-13, appears to be low-key than previous years, focused on...

Amazon’s Prime Day Isn’t Quite the Blockbuster It Once Was Sales growth for the shopping event has slowed as retailer contends with high inflation, consumers’ shifting habits and cost cuts ...

SAND Gains 44.4% as Microsoft & Meta Form the Metaverse Standards Forum

The Sandbox recorded a brilliant week, even in the midst of the current, extreme market conditions, with Meta’s newly formed collaborative pledge setting the stage for the metaverse to shine as...

Futures, Global Markets Rally, Bonds Slide As Traders Turn More Bullish

Futures, Global Markets Rally, Bonds Slide As Traders Turn More Bullish Following the best week for stocks in one month, global stocks extended gains on Monday on continued easing of...

U.S. Supreme Court won't hear Apple's bid to revive Qualcomm patent challenges

The U.S. Supreme Court on Monday declined to hear Apple Inc's bid to revive an effort to cancel two Qualcomm Inc smartphone patents despite the global settlement of the underlying dispute between...

Data centers, typically located in suburbs and rural zones, are increasingly being built in urban areas to further...

In 1930, the telegraph giant Western Union put the finishing touches on its new crown jewel: a 24-story art deco building located at 60 Hudson Street in lower Manhattan. Soon after, over a million...

Metaverse, NFTs, Web3 And Virtual Land In The Sandbox

Decentralized platforms like The Sandbox offer an alternative to the metaverse vision of tech giants like Facebook (Meta) and Microsoft. I chat to founder Sebastien about the opportunity to take...

SAND Gains Almost 20% in Wake of Tech Giants' Metaverse Announcement

The Sandbox's COO said again on Saturday an acquisition by Meta "will never happen." SAND is mooning anyway.

Tech firms under pressure to safeguard user data as abortion prosecutions loom

There are few federal regulations on what information is collected and retained by tech firms. Law enforcement officials can access incriminating data on location, internet searches and...

Tech firms under pressure to safeguard user data as abortion prosecutions loom

There are few federal regulations on what information is collected and retained by tech firms. Law enforcement officials can access incriminating data on location, internet searches and...

Tech firms under pressure to safeguard user data as abortion prosecutions loom

There are few federal regulations on what information is collected and retained by tech firms. Law enforcement officials can access incriminating data on location, internet searches and...

Crypto Price Crash Will Reveal ‘The Amazons And The eBays’

One widely-respected central banker has predicted those that survive the crypto crash could become the tech giants of the future...

Apple and Google should face FTC probe over ad practices that could end up harming abortion-seekers, US lawmakers say

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After Roe, Dems seek probe of tech's use of personal data

WASHINGTON (AP) — With the Supreme Court ending the constitutional protections for abortion, four Democratic lawmakers are asking federal regulators to investigate Apple and Google for allegedly...

New York Times Worries That Big Tech Won't Censor Hard Enough During Midterm Elections

New York Times Worries That Big Tech Won't Censor Hard Enough During Midterm Elections Authored by Paul Joseph Watson via Summit News, The New York Times has published an article...

Walmart says its own hybrid cloud system now has 10K “edge nodes” across the US, helping to reduce costs by 10%-18%...

Walmart Amps Up Cloud Capabilities, Reducing Reliance on Tech Giants Retailer says new hybrid system allows the company to switch between cloud providers and its servers, saving time and...

Meta, Microsoft and Other Tech Giants Say They Want an Open Metaverse

Meta and 34 other tech companies signed a pledge this week to work towards creating an open and interoperable metaverse. But leading voices in crypto aren't convinced.

Amazon providing $23M for affordable housing in Seattle

SEATTLE (AP) — Amazon said Thursday it is providing $23 million to help minority-led organizations build or preserve more than 500 new affordable housing units in Seattle — the latest spending by...

Uber rejects claim that it explored exiting India

Uber said on Thursday it has never explored exiting India, a key overseas market for several tech giants, dismissing a claim that it has had held discussions to sell the local unit. Bloomberg...

Analysis: Record numbers of Chinese graduates enter worst job market in decades

By Martin Quin Pollard BEIJING - Jenny Bai was among 10 high-performing computer science students from different Chinese universities selected by a Beijing-based internet firm for a job upon...

Chinese influencers must now have a qualification to talk about certain topics like law and medicine

Online influencers in China must now have a qualification to talk about highly professional topics. There has been a push from China for greater control over areas Beijing sees as influencing...

Privacy browser Brave grew ~5,000% from 8.1M searches in June 2021 to 411.7M in May 2022, and launches Goggles,...

Brave Search, the browser developer's privacy-centric Internet search engine, is celebrating its first anniversary after surpassing 2.5 billion queries and seeing almost 5,000% growth in a...

U.S. wants automakers to collect more 'black box' crash data

By David Shepardson WASHINGTON - U.S. auto regulators said Wednesday they want to require automakers to collect more crash data from event data recorders (EDRs)- more commonly known as "black...

Morgan Stanley Says Amazon and Meta Multiple Now 50% Below Long-Term Average

By Sam Boughedda Morgan Stanley analysts, led by Brian Nowak, released a note to investors on Wednesday focusing on internet stocks in relation to long-term average multiples. The analysts said...

NBCUniversal, Google top contenders for tie-up with Netflix for ad-supported plan

- Comcast Corp (NASDAQ:CMCSA)'s NBCUniversal and Alphabet (NASDAQ:GOOGL) Inc's Google are leading the race for a tie-up with Netflix Inc (NASDAQ:NFLX) to help it create an advertisement-supported...

How banks use Big Tech’s deposits to fund the fossil fuel industry

Some tech giants have pledged to decarbonize operations. But their cash contributes to climate change, says environmentalist Bill McKibben.

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