The U.S. government has initiated a $500 million investment program in an effort to create tech innovation hubs in metro areas across middle America. The Department of Commerce’s Regional Technology and Innovation Hub program, known as Tech Hubs, has issued its first notice of funding opportunity (NOFO), which allows eligible groups across the country to
In response to the Indian government’s notice to send a notice to Meta’s messaging platform regarding an increase in international scam calls, WhatsApp has promised to safeguard users’ privacy and security. A WhatsApp spokesperson stated that the company provides options like ‘Block’ and ‘Report’ for users to avoid unwanted calls or messages. Additionally, the company
May 11 is a significant day in India as it marks National Technology Day, which commemorates a series of underground nuclear tests conducted in Rajasthan in 1998. The successful completion of these tests established India as a nuclear power and led to the celebration of the scientists who made it possible. Today, National Technology Day
CNN’s new CEO, Chris Licht, has been working to rebrand the cable news network as a politically neutral, fact-based source of news since Discovery’s merger with WarnerMedia last year. The network’s recent town hall event with former President Donald Trump was an opportunity to showcase this new approach. However, the event failed to hold Trump
SoftBank’s Vision Fund has recorded a loss of ¥4.3tn ($32bn) for the fiscal year ending on Mar. 31, 2021, compared to a loss of ¥2.55tn in the same period a year ago. The tech-heavy Nasdaq 100 index declined by 11% over SoftBank’s fiscal year, despite a rally in tech stocks. SoftBank’s overall investment losses at
China’s largest semiconductor manufacturing company, Semiconductor Manufacturing International Co. (SMIC), has reported a decline in quarterly revenue for the first time in over three years due to a glut in chips and lack of demand. SMIC posted revenue of $1.46 billion in Q1 2021, a 20.6% YoY decrease. The company’s net profit also fell to
Italy’s competition watchdog, AGCM, is attempting to close a legal loophole that allows various companies to dodge antitrust fines, which could benefit Amazon in an ongoing appeal. A legal expert and two sources have informed Reuters that the European Commission is closely monitoring the situation, which could impact a record fine of €1.1bn that Amazon
In 2016, AlphaGo became the first machine to beat humans at the board game Go, and in 2023, ChatGPT, an AI chatbot, passed legal and medical exams and solved riddles. These machines are capable of doing things that their creators cannot explain. While this technology is exciting, it also provokes anxiety about its potential. The
The US Transportation Department (USDOT) experienced a data breach that exposed the personal information of more than 237,000 current and former federal government employees. The breach affected the systems used for processing transit benefits that reimburse government employees for commuting costs. It is unclear if any of the personal information has been used for criminal
A former head of engineering at Bytedance in the United States has filed a complaint in a San Francisco state court alleging that the Chinese tech company discharged him for raising concerns about its practices. Yintao “Roger” Yu claims that Bytedance was taking user content from other platforms, mainly Instagram and Snapchat, without permission. He