News Muncher - category tech giants

Meta settles Cambridge Analytica lawsuit with Australia’s privacy watchdog, to pay $50 million

The settlement closes an expensive and drawn-out legal saga over the infamous Cambridge Analytica scandal, marking another chapter in Meta’s global reckoning for mishandling user data Australia’s privacy regulator took Meta to court in 2020, accusing the tech giant of failing to safeguard users’ personal information. The settlement closes an expensive and drawn-out legal saga over the infamous Cambridge Analytica …

Privacy Tech Data Settlement User Meta Facebook

1 week, 2 days ago

Amazon to donate $1 million to Trump's inauguration and strikes streaming deal as more Big Tech giants bend the knee

Daily Mail

Tech giants donate to Trump inauguration after being past targets of his ire Some of the biggest companies and business leaders in the world are looking to start their standing with President-elect Donald Trump on the right foot as he prepares to take office in January with a series of meetings and donations. Bezos is one of several billionaire tech …

Trump Inauguration Biden Million Bezos Meta Facebook

1 week, 4 days ago

Australia to tax tech firms that earn $160 mn or more but don’t pay for news

Firstpost

‘The real objective … is not to raise revenue – we hope not to raise any revenue. The real objective is to incentivise agreement-making between platforms and news media businesses in Australia,’ Assistant Treasurer Stephen Jones said Facebook, TikTok, and other social media apps are likely to be affected by the new tax proposal. Assistant Treasurer Stephen Jones and Communications …

Media Tax Google Revenue Jones Platforms Tiktok

Tech giants like Meta, Google to be forced to pay for Australian news

CNN

Sydney Reuters — Australia plans new rules to “create a financial incentive” for big tech firms to pay Australian media companies for news content on their platforms, Assistant Treasurer and Minister for Financial Services Stephen Jones announced on Thursday. The move, described as a “news bargaining initiative,” piles pressure on global tech giants like Facebook-owner Meta Platforms and Google to …

Media Google Jones Platforms Meta Tech Giants Our Platforms

3 weeks, 3 days ago

5 big questions about how tech will look under Trump

CNN

New York CNN — The incoming Trump administration could mean big changes in the government’s relationship with tech companies in ways that could affect users, ranging from the content they might see online to whether they could be confronted with discriminatory AI systems. Trump said in June — in a video posted to the platform itself — that he would …

Law Social Tech Congress Trump Google Companies

1 month, 1 week ago

Oil bosses have big hopes for the AI boom

Live Mint

This week 180,000 people descended on Abu Dhabi to attend ADIPEC, the global oil-and-gas industry’s biggest annual gathering. On the eve of the jamboree Sultan Al Jaber, chief executive of ADNOC, the Emirati national oil giant, convened a private meeting of big tech and big energy bosses. A survey of some 400 energy, tech and finance bigwigs released in conjunction …

Clean Energy Gas Natural Gas Ai Big Oil Tech Giants Energy Tech

1 month, 1 week ago

Canada’s foreign ministry refutes claims of government ban on Australian diaspora outlet

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Canada’s foreign ministry has clarified …

India Australia Canada Independent Indian Press Today

1 month, 2 weeks ago

What Trump 2.0 means for, US TikTok Ban, semicon industry and the US-China chip war

Firstpost

During his first term, Trump’s interactions with tech giants were a mixed bag. After leaving office, Trump claimed Google was biased against him and criticised Meta for banning him from its platforms With Musk as one of Trump’s biggest backers, industry players are worried that Musk’s competitors like OpenAI and Meta might find themselves at a disadvantage when it comes …

China Tech Trump Silicon Valley Musk His First Term Biden

1 month, 3 weeks ago

Chinese Tech Giants Dominate the Electric Vehicle Market

Live Mint

Chinese tech giants are making a big push into the electric vehicle (EV) market, with several companies like Baidu, Huawei, Xiaomi, and Apple investing heavily in the industry. These tech firms have been able to leverage their expertise in software, AI, and automation to create smart and efficient EVs that are often more advanced than their Western counterparts. However, the …

Entertainment Business Technology Car Industry Beijing

1 month, 4 weeks ago

DAMIAN COLLINS: No 10 must block AI giants attempting to steal our artists' work

Daily Mail

The creative industries are one of the UK’s greatest assets: drivers of innovation and growth, as well as a source of cultural power and wellbeing. At the beginning of last month, however, Google published a policy paper entitled: Unlocking The UK’s AI Potential. At the beginning of last month Google published a policy paper entitled: Unlocking The UK’s AI Potential …

Copyright Google Ai Tdm

3 months, 1 week ago

What is Apple Intelligence? Tech giant's AI platform for the new iPhone 16 is coming to the US next month - but UK users will have to wait

Daily Mail

As Apple launched the new iPhone 16 at its 'Glowtime' event last night, it was the company's latest AI features which took centre stage once again. In a video announcing the new features coming to iPhone 16 Craig Federighi, Apple's vice president of software engineering, said: 'Apple Intelligence is going to transform so much of what you do with iPhone.' …

Intelligence Features Google Apple Siri Ai Iphone 16

4 months, 1 week ago

After health care attacks, tech giants will help small hospitals with cyber defenses

NPR

After health care attacks, tech giants will help small hospitals with cyber defenses toggle caption Aaron Bolton/Montana Public Radio More devices than ever inside hospitals require an internet connection, everything from MRI machines and health records to heart rate monitors. Federal reports and studies show cyberattacks slow doctors’ ability to treat patients and can even force hospitals to send patients …

Health Cybersecurity Patients Care Hospitals Hospital Hussain

4 months, 4 weeks ago

California is trying to force Big Tech to pay for news. What can we learn from Australia and Canada?

LA Times

A man carries a copy of the Sydney Morning Herald in 2012. If the News Media Bargaining Code became law, Google Australia Managing Director Mel Silva said in a Senate hearing, the company would have “no real choice” but to stop making Google Search available in Australia. Rod Sims, an economist and former chair of the Australian Competition and Consumer …

Law Australia Canada Tech Google Legislation Pay

9 months ago

Tech Giants Seek Partnerships, Talent to Speed Up AI Deployment

Hindustan Times

Earlier this week, Microsoft Corp. named artificial intelligence pioneer Mustafa Suleyman chief of its consumer AI business and hired most of the staff from his Inflection AI startup. A day before, Bloomberg reported that Alphabet Inc.’s Google was in talks to license its Gemini AI engine to Apple Inc. HT Image The moves suggest that despite pouring billions of dollars …

Technology Tech Products Google Apple Consumer Products Company

9 months, 1 week ago

Govt-appointed panel proposes bill to curb anti-competitive practices by tech giants

Hindustan Times

New Delhi: The Committee on Digital Competition Law, constituted by the Union ministry of corporate affairs, has proposed a legislation to curb anti-competitive business practices used by tech giants such as Amazon, Google and Facebook. In the draft bill, the committee proposed that for certain “core digital services” such as search engines, web browsers and social networking sites, the Competition …

India Market Tech Corporate Affairs Google Digital Report

9 months, 2 weeks ago

Europe's Digital Markets Act is forcing tech giants to make changes; Here's what that will look like

The Hindu

Europeans scrolling their phones and computers this week will get new choices for default browsers and search engines, where to download iPhone apps and how their personal online data is used. They’re a part of changes required under the Digital Markets Act, a set of European Union regulations that six tech companies classed as “gatekeepers” — Amazon, Apple, Google parent …

Google Apple Microsoft Apps App Digital Markets Act

10 months, 1 week ago

Tech giants pledge action against deceptive AI in elections

NPR

Tech giants pledge action against deceptive AI in elections Enlarge this image toggle caption Michael Dwyer/AP Michael Dwyer/AP Tech giants including Microsoft, Meta, Google, Amazon, X, OpenAI and TikTok unveiled an agreement on Friday aimed at mitigating the risk that artificial intelligence will disrupt elections in 2024. "The intentional and undisclosed generation and distribution of Deceptive AI Election content can …

Technology Elections Election Google Microsoft Content Agreement

1 year, 4 months ago

Microsoft edits Activision Blizzard deal for the UK; Big Tech giants in Europe brace for Digital Services Act; FTC will probe Qualcomm’s chipmaker acquisition - The Hindu

The Hindu

Microsoft edits Activision Blizzard deal for the UK Microsoft is amending its Activision Blizzard takeover deal to get the UK antitrust regulator’s seal of approval. Microsoft President Brad Smith said that a deal had been struck with Ubisoft to sell cloud streaming rights for Activision games for more than a decade. Big Tech giants in Europe brace for Digital Services …

Europe Acquisition Deal Big Tech Ftc Dsa Qualcomm

1 year, 6 months ago

Consumer tech and new products: Developer conference keynotes are changing

Hindustan Times

Every summer, tech giants unveil a new direction for their software products, apps, and upgrades bestowed upon tools for app developers. Apple CEO Tim Cook takes a photo in a viewing area for new products during Apple’s Worldwide Developers Conference at the Apple Park campus in Cupertino, California, on June 5. Apple’s different take on reality While Microsoft and Google …

Tech Products Search Google Apple New Products Microsoft

1 year, 8 months ago

From Google to Amazon, tech giants offer 1-year salary to encourage resignation

Live Mint

Silicon Valley's tech giants have continued shredding staff. {{^adFree}} {{/adFree}} As per their law, "companies are legally required to consult with these councils before executing layoffs, which involves a potentially time-consuming process of data collection, discussions, and the option of appealing". Alphabet Inc, Google's parent company has reportedly asked employees to resign voluntarily and get good severance packages in return …

Amazon Google Adfree Tech Giants

1 year, 9 months ago

Explained | What is Canada’s Online News Act and how it impacts social media users

The Hindu

The story so far: On March 11, Facebook-owner Meta reiterated its stance against Canada’s proposed Online News Act. Introduced in April 2022, Canada’s ‘Online News Act,’ also known as the House of Commons bill C-18, aims to make Big Tech companies like Google and Meta compensate local news publishers for making the latter’s content available for users on its platforms. …

Canada Tech Google Companies Pay Content Platforms

1 year, 10 months ago

Disney lays off 7,000 as streaming subscribers decline

Firstpost

The job cuts follow similar moves by US tech giants dialing back from a hiring spurt that began during the height of the pandemic San Francisco: Entertainment giant Disney said Wednesday it was laying off 7,000 employees, as CEO Bob Iger announced a reorganization of the company he returned to lead last year. “Because things in a very competitive world …

Film Streaming Netflix Costs Disney Going Look

1 year, 11 months ago

Seattle schools sue tech giants over social media harm

Associated Press

SEATTLE — The public school district in Seattle has filed a novel lawsuit against the tech giants behind TikTok, Instagram, Facebook, YouTube and Snapchat, seeking to hold them accountable for the mental health crisis among youth. “Defendants have successfully exploited the vulnerable brains of youth, hooking tens of millions of students across the country into positive feedback loops of excessive …

Social Media Media Social Google Lawsuit Content Public

1 year, 11 months ago

Seattle schools sue tech giants over social media harm

LA Times

In a lawsuit filed Friday, Seattle Public Schools accuses several social media companies of creating a public nuisance by targeting their products to children. The public school district in Seattle has filed a novel lawsuit against the tech giants behind TikTok, Instagram, Facebook, YouTube and Snapchat, seeking to hold them accountable for the mental health crisis among youth. “Defendants have …

Social Media Mental Health Social Lawsuit Content Public Seattle

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Articles for Tech Giants

Meta settles Cambridge Analytica lawsuit with Australia’s privacy watchdog, to pay $50 million

Amazon to donate $1 million to Trump's inauguration and strikes streaming deal as more Big Tech giants bend the knee

Australia to tax tech firms that earn $160 mn or more but don’t pay for news

Tech giants like Meta, Google to be forced to pay for Australian news

5 big questions about how tech will look under Trump

Oil bosses have big hopes for the AI boom

Canada’s foreign ministry refutes claims of government ban on Australian diaspora outlet

What Trump 2.0 means for, US TikTok Ban, semicon industry and the US-China chip war

Chinese Tech Giants Dominate the Electric Vehicle Market

DAMIAN COLLINS: No 10 must block AI giants attempting to steal our artists' work

What is Apple Intelligence? Tech giant's AI platform for the new iPhone 16 is coming to the US next month - but UK users will have to wait

After health care attacks, tech giants will help small hospitals with cyber defenses

California is trying to force Big Tech to pay for news. What can we learn from Australia and Canada?

Tech Giants Seek Partnerships, Talent to Speed Up AI Deployment

Govt-appointed panel proposes bill to curb anti-competitive practices by tech giants

Europe's Digital Markets Act is forcing tech giants to make changes; Here's what that will look like

Tech giants pledge action against deceptive AI in elections

Microsoft edits Activision Blizzard deal for the UK; Big Tech giants in Europe brace for Digital Services Act; FTC will probe Qualcomm’s chipmaker acquisition - The Hindu

Consumer tech and new products: Developer conference keynotes are changing

From Google to Amazon, tech giants offer 1-year salary to encourage resignation

Explained | What is Canada’s Online News Act and how it impacts social media users

Disney lays off 7,000 as streaming subscribers decline

Seattle schools sue tech giants over social media harm

Seattle schools sue tech giants over social media harm