Topics: United States

Google wants the US govt to make rules on AI

Artificial Intelligence (AI) is the next-big-thing, which is partly useful and partly creepy. Having machines learn human behaviour to predict the needs is something...

Altria says, Juul Labs reported $ billion in sales in 2018

Marlboro maker Altria Group Inc said on Thursday e-cigarette maker Juul Labs Inc posted more than $1 billion in revenue in 2018, up from...

General Motors to cut jobs of 4,000 salaried employees

General Motors is expected to lay off about 4,000 salaried workers under a reorganisation announced late last year, a person familiar with the matter...

Fazle Kabir: Bangladesh sues Manila Bank over $81 million cyber-heist

Bangladesh will file a lawsuit in a US court on January 30 against Philippine bank Rizal Commercial Banking Corp (RCBC) over its role in...

Google, Facebook, and Microsoft spend big on U.S. lobbying in 2018

Alphabet Inc’s Google disclosed in a quarterly filing on Tuesday that it spent a company-record $21.2 million on lobbying the U.S. government in 2018,...

U.S. rejects China’s preparatory trade talks offer

The Trump administration has rejected an offer from China for preparatory trade talks this week ahead of high-level negotiations scheduled for next week, the...

Kerala Government partners with Unity Technologies to develop AR, VR ecosystem in the state

Kerala Startup Mission (KSUM) has tied up with Unity Technologies, USA, to develop an augmented reality (AR) and virtual reality (VR) ecosystem in the...

Congress fails to bring back Net Neutrality, Ajit Pai celebrates

Net Neutrality a concept brought by the United States, which stated that all websites and services used by the citizens must be treated equally...

China’s box office revenue increased to $8.87 billion in 2018

China’s movie box office revenue rose 9 percent in 2018 to 60.98 billion yuan ($8.87 billion), state media reported a slower pace than the...

U.S. district court dismisses lawsuit against Google over facial reorganization software

A lawsuit filed against Google by consumers who claimed the search engine’s photo sharing and storage service violated their privacy was dismissed on Saturday...

US offers job security to Afghan Taliban

According to the media reports, "The United States is planning to encourage Afghan Taliban to join the peace process in Afghanistan by offering them...

‘Kill your foster parents’ – Amazon’s Alexa chats with murder, talks about sex in AI experiment

Millions of users of Amazon's Echo speakers have grown accustomed to the soothing strains of Alexa, the human-sounding virtual assistant that can tell them...

Pennsylvania resumes Uber’s self-driving car programme

Uber Technologies Inc received approval from Pennsylvania to resume self-driving car testing on public roads this week, state records show, nine months after it...

China summons U.S. ambassador to lodge protest over Meng’s detention

The Chinese government on Sunday, summoned the U.S. ambassador to Beijing to lodge its protest against the recent detention of an executive of Huawei...

The arrest of Huawei executive bring fears of China reprisals for American executives

At a closed-door security meeting of US companies in Singapore on December 6, one topic was high on the agenda: the arrest of a...

Apple key supplier Foxconn is planning to shift its iPhone factory in Vietnam

Foxconn, the world's biggest electronics contract manufacturer and a key Apple supplier, is considering setting up a factory in Vietnam to mitigate any impact...

Singapore based fintech startup Instarem secures $20 million in fresh round funding

Instarem, a Singapore based digital payment startup on Wednesday announced the first close of its $45 million in C series funding by closing over...

HCL Technologies is planning to invest more Nordic region

IT services major HCL Technologies will continue to invest significantly in the Nordics region as it expands its headcount and delivery capabilities to further...

T-Mobile, Sprint acquisition deal to complete by the first quarter of 2019

T-Mobile, majority owned by Deutsche Telekom AG, agreed in April to buy wireless carrier Sprint and the deal was initially expected to close in...

No “settlement” talks with Qualcomm says Apple

Apple is not in talks "at any level" to settle its wide-ranging legal dispute with mobile chipmaker Qualcomm, according to a source familiar with...

Facebook expects rising costs to combat scandals to moderate after 2019

Facebook Inc on Tuesday relieved investors by forecasting that margins would stop shrinking after 2019 as costs from scandals ease up, sending shares up...

Apple CEO Tim Cook supports stricter data privacy law, urges the US to do same.

When the European Union passes a data privacy law which was enacted in May, Tim Cook was convinced about the nature and benefits of...

IBM bags Red Hat for $34 billion

IBM Corp said on Sunday it had agreed to acquire U.S. software company Red Hat Inc for $34 billion, including debt, as it seeks...

Facebook takedowns fake accounts linked with Iran

Facebook Inc has deleted accounts originating in Iran which featured posts on “politically divisive” topics that had attracted more than 1 million followers in...

Elon Musk says $20 Mn in fine, for a tweet worth it

Tesla Inc, Chief Executive Elon Musk said the tweet that cost him and the company $20 million in fines each by the U.S. Securities...

Facebook is secretly planning to acquire this cybersecurity firm

The year has not been too good for Facebook, especially because of the recent data breach which dealt the Facebook reputation in the market. According to...

Uber to Appeal Against the Fine Imposed Following the Grab Merger Deal

Uber Technologies Inc has decided to appeal a decision by the Singapore competition regulator that its merger with regional rival Grab violated the city-state’s...

PayPal Makes Strategic Investment in the Fintech Startup Tala: Report

PayPal has made a strategic investment in Tala, a financial technology startup that lends to underserved consumers in emerging markets, the companies said on...

Facebook Faces Heat from Japanese Government on Grounds of Weak Data Protection Measures

Japan’s government on Monday told U.S. technology firm Facebook Inc (FB.O) to better protect its users’ personal data following lapses this year affecting tens...

Software Bug Delays Audi’s Electric SUV Launch

Audi’s first electric sport utility vehicle (SUV) will hit showrooms four weeks later than planned because of a software development issue, a spokesman for...

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