Technology

Senate to grill Facebook over plans for Libra cryptocurrency

WASHINGTON/NEW YORK: US lawmakers from both sides of the aisle are set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politicians across the globe. Facebook is fighting a rearguard action to get Washington onside after it shocked regulators and lawmakers with an announcement on June 18...

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Facebook to invest $300 million in journalism

NEW YORK: Facebook announced Tuesday that it will invest $300 million dollars in various projects related to journalism, especially to promote local news, which has been hit hard in the digital age. "Over the next three years, we will invest $300 million in news programs, partnerships and content," Campbell Brown, Facebook's vice president in charge of global news partnerships, said...

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Samsung to launch India-first smartphones to counter Chinese rivals

Samsung plans to launch a budget smartphone series in India ahead of a global release, aiming to regain ground ceded to Chinese rivals such as Xiaomi (1810.HK) in the world’s second-biggest mobile phone market. The South Korean company’s Indian market share by shipments has lagged Xiaomi’s in two of the three 2018 quarters for which data is available, according to...

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Facebook bans Philippine ‘fake accounts’ group followed by millions

 Facebook says it has banned a Philippine digital marketing group which runs hundreds of pages across the social network with 43 million followers, accusing it of "inauthentic behaviour" and using fake accounts. Facebook has stepped up efforts to root out fake accounts after being criticised for failing to tackle hate speech and misinformation on its platforms. Filipinos are among the...

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India plans manned space mission by December 2021

India will send its first manned mission into space by December 2021, the head of the country's space agency said on Friday. The three-person mission would make the Asian giant the fourth country after Russia, the United States and China to put people in space. "We are planning to have the first unmanned mission by December 2020, the second by...

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Vietnam says Facebook violated controversial cybersecurity law

Facebook has violated Vietnam’s new cybersecurity law by allowing users to post anti-government comments on the platform, state media said on Wednesday, days after the controversial legislation took effect in the communist-ruled country. Despite economic reforms and increasing openness to social change, Vietnam’s Communist Party retains tight media censorship and does not tolerate dissent. “Facebook had reportedly not responded to...

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Intel working with Facebook on AI chip coming later this year

Intel Corp said on Monday at the Consumer Electronics Show in Las Vegas that it is working with Facebook Inc to finish a new artificial intelligence chip in the second half of this year. The chips are Intel’s gambit to retain hold of a fast-growing segment of the artificial intelligence computing market but will face competition from similar chips from...

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Apple inks deal with Samsung to distribute iTunes shows on TVs

Samsung Electronics Co Ltd said Sunday it will add an app to its smart televisions in the coming months to let owners watch content bought on Apple Inc’s iTunes service, a possible first sign Apple is looking to distribute its forthcoming television service on devices made by others. The deal is part of an ongoing strategy shift for Apple, which...

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Apple shares slide after iPhone maker issues rare revenue warning

Apple Inc shares fell as much as 9 percent in early trading after the iPhone maker blamed weak China demand for its revenue shortfall in the holiday quarter, a clear sign of the company’s struggles in the world’s largest smartphone market. The rare revenue warning - the company’s first in nearly 12 years - sent shockwaves through global financial markets...

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Google wins US approval for radar-based hand motion sensor

Alphabet Inc’s Google unit won approval from US regulators to deploy a radar-based motion sensing device known as Project Soli. The Federal Communications Commission (FCC) said in an order late on Monday that it would grant Google a waiver to operate the Soli sensors at higher power levels than currently allowed. The FCC said the sensors can also be operated...

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Cyber attack hits US newspaper distribution

A cyber attack caused major printing and delivery disruptions on Saturday at the Los Angeles Times and other major US newspapers, including ones owned by Tribune Publishing such as the Chicago Tribune and Baltimore Sun. The cyber attack appeared to originate outside the United States, the Los Angeles Times reported, citing a source with knowledge of the situation. The attack...

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White House mulls new year executive order to bar Huawei, ZTE purchases

US President Donald Trump is considering an executive order in the new year to declare a national emergency that would bar US companies from using telecommunications equipment made by China’s Huawei and ZTE, three sources familiar with the situation told Reuters. It would be the latest step by the Trump administration to cut Huawei Technologies Cos Ltd [HWT.UL] and ZTE...

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As TikTok videos take hold with teens, parents scramble to keep up

As TikTok videos take hold with teens, parents scramble to keep upMillions of teenagers seeking their 15 seconds of fame are flocking to TikTok, but many of their parents are only now learning about the express-yourself video app — often to their dismay. The social network became the most downloaded on Apple´s App Store in the first half of this...

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Italy rejigs measures to spur sale of green cars

MILAN: Italy will offer subsidies of up to 6,000 euros ($6,820) to buyers of new low emission vehicles while slapping taxes on the purchase of larger petrol and diesel cars, according to measures approved in parliament. The measures, contained in Italy’s 2019 budget passed by the upper house on Sunday, made changes to rules proposed by Rome earlier this month...

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Lawsuit adds to Facebook woes on data protection

Facebook´s woes mounted Wednesday as it faced a lawsuit alleging privacy violations related to data leaked to a consultancy working on Donald Trump´s 2016 campaign, and as a new report suggested it shared more data with partners than it has acknowledged. Facebook shares already sagging under the weight of the social network´s troubles ended the trading day down 7.25 percent...

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Trump accuses Facebook, Twitter, Google of Democrat bias

US President Donald Trump took a swipe on Tuesday at America's tech giants, accusing them of having a liberal bias, and claiming Twitter was making it more difficult to follow his account. "Facebook, Twitter and Google are so biased toward the Dems it is ridiculous!" Trump tweeted. "Twitter, in fact, has made it much more difficult for people to join...

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FBR to develop mobile app

Federal Board of Revenue (FBR) is considering to develop mobile app to file online return with greater convenience. According to official sources, the objective of this move is to gather investors data, identify unregistered persons and ensure that due tax is paid by them. The Federal Board of Revenue is a top federal government body that investigates crimes related to...

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