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Capital One to buy Discover for $35.3 bn
TechXplore· 2024-02-20 07:58
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: According to Capital One the deal to acquire Discover is expected to close in late 2024 or early 2025. US banking giant Capital One announced Monday it will acquire financial services company Discover in a $35.3 billion all-stock deal combining two of America's major credit card firms. Under the deal, Discover shareholders wil ...
Q&A: Facebook turns 20—where does it go from here?
TechXplore· 2024-02-16 17:50
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 Deep down, Facebook is not entirely unlike many brilliant, high-potential 20-year-olds. Its appeal is clear. Its performance is generally very strong, if not outstanding. Yet it's still subject to occasional lapses in judgment and bouts of immaturity. But warts and all, Facebook is the world' ...
EU watchdog urged to reject Meta 'pay for privacy' scheme
TechXplore· 2024-02-16 16:00
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: Since November 2023, Facebook and Instagram users in Europe can buy subscriptions to avoid data tracking. Civil rights groups on Friday called on an EU watchdog to rule against Facebook owner Meta's scheme to let Europeans pay to opt out of data tracking, which they say violates EU law. Since November 2023, Facebook and Instag ...
Taiwan chipmaker TSMC stock surges after Morgan Stanley raises price target on Nvidia
TechXplore· 2024-02-16 09:23
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: Credit: CC0 Public Domain Taiwan's Taiex benchmark index jumped 3% to a record high on Thursday, buoyed by a surge in the share price of Taiwan Semiconductor Manufacturing Company, the world's biggest maker of computer chips. The leap came after Morgan Stanley analysts raised their price target on Nvidia, which designs chips t ...
Musk fights US state of Delaware after Tesla pay debacle
TechXplore· 2024-02-15 21:30
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: Musk is furious at the Delaware court, seeing it has a haven for over-litigious lawyers and meddlesome judges that are getting in the way of his business decisions and vision. Elon Musk is on the warpath against Delaware and its powerful business court, moving his SpaceX company out of the eastern US state after a judge struck d ...
Google set to open Paris AI research hub
TechXplore· 2024-02-15 10:45
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 US tech giant Google was set Thursday to open an AI research hub in Paris, the French government said, part of a trend for big tech firms to base teams in European centers. In recent years, Google has poured investment into its engineering facility in Zurich, which also houses AI-focused team ...
Cisco Systems to lay off more than 4,000 workers in latest sign of tighter times in tech
TechXplore· 2024-02-15 09:13
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: An exterior view of Cisco Systems Inc. headquarters, May 9, 2012, in Santa Clara, Calif. On Wednesday, Feb. 14, 2024, internet networking pioneer Cisco Systems announced that more than 4,000 employees are being laid off, joining the parade of technology companies in a trend that has helped boost their profits and stock prices wh ...
Italy fines BAT, Amazon over heated tobacco ads
TechXplore· 2024-02-14 15:42
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 Italy's competition authority on Wednesday fined British American Tobacco's Italian division six million euros ($6.4 million) and Amazon one million euros for misleading advertising of a heated tobacco product. The AGCM watchdog said the companies advertised BAT's Glo Hyper X2 and Glo Hyper A ...
Apple's iMessage, Microsoft's Bing escape EU rules
TechXplore· 2024-02-13 14:06
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 European Commission decided not to hit Apple's iMessage with stricter rules. Apple's iMessage and Microsoft's Bing search engine got a reprieve from tougher EU rules curbing how tech titans do business, the European Commission said on Tuesday. From next month, the world's biggest digital firms, identified as "gatekeepers" ...
Amazon lands an exclusive NFL playoff game for streaming next season
TechXplore· 2024-02-12 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: Credit: Pixabay/CC0 Public Domain Amazon is getting its turn to exclusively stream an NFL playoff game. The tech giant will carry a wild-card game during the 2024–25 season, according to people familiar with the plan who were not authorized to comment. The game provides an opportunity for Amazon to bring a massive audience to ...