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Google monopoly ruling: Where the tech giant goes from here
TechXplore· 2024-08-18 15:20
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: PhotoMIX Company from Pexels A US judge has found that Google is a monopoly and has used this dominance to reinforce its market position. This ruling, which is subject to appeal, brings the US regulator close to the European Commission in its approach to tech giants such as Google, Meta, and Amazon. Regulators now agre ...
New Boeing CEO pledges to 'reset' relations with machinists
TechXplore· 2024-08-17 07:46
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Boeing CEO Kelly Ortberg says he wants to "reset" the relationship with a key labor union. Boeing's new boss said Friday he was looking to "reset" relations with a key union representing tens of thousands of its workers, amid negotiations for a new labor contract. "I met with the presidents of IAM 751 & W24 this week in Seattl ...
US to award chipmaker Texas Instruments up to $1.6 bn
TechXplore· 2024-08-16 14:23
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: The US government says it has signed a preliminary agreements with Texas Instruments to give the company up to $1.6 billion in support of new facilities in the country. The US government said Friday it has signed a preliminary agreement with semiconductor manufacturer Texas Instruments to give the company up to $1.6 billion to h ...
EU presses Meta on plans after disinformation tracker axed
TechXplore· 2024-08-16 14:21
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: The EU's request to Meta was sent under the bloc's Digital Services Act, a landmark new law that cracks down on illegal content online. The EU on Friday formally requested that Meta detail steps it is taking on transparency after the Facebook and Instagram owner scrapped a widely-used tool for tracking disinformation online. M ...
US lawmakers press Meta over illicit drug ads
TechXplore· 2024-08-16 08:25
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: The Tech Transparency Project says blatant ads for OxyContin and other illegal drugs were found in Meta's ad library. Members of Congress on Thursday called on Meta chief Mark Zuckerberg to give them details regarding ads for opiods and other illicit drugs on the tech titan's platform. A letter signed by 19 lawmakers pressed f ...
Meta fends off AI-aided deception as US election nears
TechXplore· 2024-08-15 16:35
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Julio Lopez from Pexels Russia is putting generative artificial intelligence to work in online deception campaigns, but its efforts have been unsuccessful, according to a Meta security report released Thursday. The parent company of Facebook and Instagram found that so far AI-powered tactics "provide only incremental p ...
Iran hackers target Harris and Trump campaigns: Google
TechXplore· 2024-08-15 13:10
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Google says a hacker group linked to Iran's Islamic Revolutionary Guard is using 'phishing' tactics to trick targets into revealing passwords to accounts they want to loot. Google on Tuesday confirmed that hackers backed by Iran are targeting the campaigns of US presidential rivals Kamala Harris and Donald Trump. A hacker grou ...
Chinese tech giant Alibaba's quarterly profit shrinks 29 percent

TechXplore· 2024-08-15 13:00
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Chinese e-commerce giant Alibaba reported a 29 percent fall in quarterly profit on August 15, 2024, as it battles sluggish consumption during an economic slowdown. Chinese e-commerce giant Alibaba reported a 29 percent fall in quarterly profit on Thursday as it battles sluggish consumption during an economic slowdown. Net inco ...
Cisco cuts thousands of jobs, 7% of workforce, as it shifts focus to AI, cybersecurity
TechXplore· 2024-08-15 12:52
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: The Cisco logo appears on a screen at the Nasdaq MarketSite on Oct. 3, 2018 in New York's Times Square. Credit: AP Photo/Richard Drew, File Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to more rapidly growing areas in technology, such as artific ...
Washington state Supreme Court's ruling in Amazon case sets 'precedent' on price gouging
TechXplore· 2024-08-15 10:40
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain Washington's Supreme Court has ruled in favor of consumers who say they were victims of price gouging on Amazon's digital store at the start of COVID-19 lockdowns. Seven Washington Supreme Court justices determined that the price-gouging allegations against Amazon could constitute an "unfair" ...