International Business

Tech Giants To Self-Regulate, Reduce Harmful Online Content In New Zealand

Tech Giants To Self-Regulate, Reduce Harmful Online Content In New Zealand

Reuters | Monday July 25, 2022

Big tech companies agreed on Monday to reduce harmful online content in New Zealand, making a move that critics said dodged the alternative of government regulation.

Google Fires Software Engineer Who Claimed Its AI Chatbot Has Emotions

Google Fires Software Engineer Who Claimed Its AI Chatbot Has Emotions

Reuters | Sunday July 24, 2022

Alphabet Inc's Google said on Friday it has dismissed a senior software engineer who claimed the company's artificial intelligence (AI) chatbot LaMDA was a self-aware person.

Social Media Stocks Set To Lose $42 Billion In Market Value On Dire Ad Spending

Social Media Stocks Set To Lose $42 Billion In Market Value On Dire Ad Spending

Reuters | Saturday July 23, 2022

Shares of social media firms fell sharply on Friday after Twitter Inc and Snapchat's owner signaled advertisers had tightened their purse strings in response to a darkening economic outlook.

Elon Musk's SpaceX Breaks Rocket Launch Record With Starlink Mission

Elon Musk's SpaceX Breaks Rocket Launch Record With Starlink Mission

Reuters | Saturday July 23, 2022

Elon Musk's SpaceX on Friday broke its record for the number of rockets launched in a calendar year, topping last year's slate of 31 missions amid a whirlwind campaign to launch its own internet satellites into orbit.

Facebook Revamping Main Feed To Attract Younger Users

Facebook Revamping Main Feed To Attract Younger Users

Reuters | Friday July 22, 2022

Meta Platforms said on Thursday it was revamping the main feed on its Facebook app to prioritize "discovery" of new content, instead of posts from accounts users follow, a bid to style its apps after short-form video competitor TikTok.

Microsoft Offers Greater Data Control, Launches 'Sovereign' Cloud For Governments

Microsoft Offers Greater Data Control, Launches 'Sovereign' Cloud For Governments

Reuters | Wednesday July 20, 2022

Microsoft on Tuesday launched a public cloud for government customers, offering greater control over their data

IPhone Maker Foxconn Partners With Chipmaker NXP Semiconductors

IPhone Maker Foxconn Partners With Chipmaker NXP Semiconductors

Reuters | Wednesday July 20, 2022

Taiwan's Foxconn said on Wednesday it has partnered with chipmaker NXP Semiconductors to develop platforms for electric vehicles, adding to a string of such deals by the iPhone assembler as it moves into the auto market.

Google, Twitter Yet To Sign Indonesia's New Rules, Risk Temporary Block

Google, Twitter Yet To Sign Indonesia's New Rules, Risk Temporary Block

Reuters | Wednesday July 20, 2022

Neither Alphabet's Google nor Twitter Inc had signed up to Indonesia's new licensing rules as of midday Wednesday, ministry records showed, as a deadline loomed that could see their services temporarily blocked in the country.

Amazon-Owned Self Driving Firm Zoox Plans To Test Robotaxi In California

Amazon-Owned Self Driving Firm Zoox Plans To Test Robotaxi In California

Reuters | Wednesday July 20, 2022

Zoox, a self-driving technology firm owned by Amazon.com, said on Tuesday it was gearing up to launch its robotaxi business, self-certifying that its vehicle with no pedals or steering wheel meets U.S. federal regulations and applying for a permit in California to test-drive it.

In A First Blow To Elon Musk, Twitter Gets Fast-Tracked October Trial

In A First Blow To Elon Musk, Twitter Gets Fast-Tracked October Trial

Reuters | Wednesday July 20, 2022

Twitter Inc will get an October trial in its legal fight to hold Elon Musk to his $44 billion takeover, after a Delaware judge said on Tuesday the social media company deserved a quick resolution of the deal's uncertainty.

Netflix Set To Acquire Australian Animation Studio Animal Logic

Netflix Set To Acquire Australian Animation Studio Animal Logic

Reuters | Wednesday July 20, 2022

Netflix Inc plans to acquire Sydney-based Animal Logic, an animation studio that has worked on hits from "Happy Feet" to "The Lego Movies," the companies said in a statement on Tuesday.

Russia To Fine Apple For Violating Antitrust Laws

Russia To Fine Apple For Violating Antitrust Laws

Reuters | Tuesday July 19, 2022

Russia's competition authority said on Tuesday it would fine U.S. tech giant Apple for violating Russian antitrust laws and abusing its dominant position in the app store market.

Elon Musk, Twitter Square Off In Court Today Over Trial Fast Track Plea

Elon Musk, Twitter Square Off In Court Today Over Trial Fast Track Plea

Tuesday July 19, 2022

Twitter Inc's showdown with Elon Musk over his $44 billion takeover faces its first test on Tuesday, when a judge will weigh the company's bid for a fast-tracked trial which it says it needs to ensure deal financing doesn't come unraveled.

Donald Trump's Social Media Deal Leaked Months In Advance: Report

Donald Trump's Social Media Deal Leaked Months In Advance: Report

Reuters | Tuesday July 19, 2022

Trump Media & Technology Group, the creator of social media platform Truth Social, agreed to merge with Digital World on October 20 and the deal was expected to close by the second half of this year.

How Netflix Plans To Find Its Inner 'Star Wars', After Creating An $82 Billion Giant

How Netflix Plans To Find Its Inner 'Star Wars', After Creating An $82 Billion Giant

Reuters | Monday July 18, 2022

Netflix broke Hollywood's rules to create a $82 billion global streaming colossus that the rest of the entertainment industry rushed to copy. But as growth slows, it is looking backwards for a way forward, borrowing a page from Walt Disney's playbook.