US election: Where do Trump and Biden stand on tech issues? October 28, 2020 The bosses of Facebook, Twitter and Google are this afternoon appearing in front of a US Senate committee to face questions over key issues of tech regulation. With tech titans facing increased scrutiny in their home country, the topic is likely to be a key policy issue in the run-up to the presidential election. So [...]
realme: the smartphone brand demanding to be known October 28, 2020 | Sponsored From an idea between friends in a back office in Mumbai, to the world’s fastest-growing smartphone brand in just two years, realme is making waves in Europe. Since co-founding realme in 2018, my ambition has been to approach smartphone technology differently – making sure that everyone has access to high-quality devices, no matter what they [...]
Apple steps up search engine efforts amid Google antitrust probe October 28, 2020 Apple is reportedly ramping up efforts to develop its own search engine technology as US antitrust authorities put Google’s market dominance under the spotlight. In iOS 14, the company’s latest iPhone software, Apple now shows its own results when users type queries into the search bar on the home page. The changes, which are likely [...]
Microsoft beats revenue forecasts on cloud computing growth October 27, 2020 Microsoft posted a rise in revenue for the first quarter as the ongoing shift to home working helped drive up demand for its cloud computing services. Microsoft reported revenue of $37.2bn (£28.5bn) for the three months to the end of September, up 12 per cent on the same period last year and ahead of analysts’ [...]
Tech bosses to defend key internet law in front of US Senate October 27, 2020 The bosses of the world’s biggest tech giants will tomorrow launch an impassioned defence of a key law, arguing that it is crucial to maintaining freedom of expression online. During an appearance in front of the Senate commerce committee, the chief executives of Facebook and Twitter will defend Section 230, a provision of the 1996 [...]
Tiktok moves into ecommerce with Shopify advertising deal October 27, 2020 Tiktok has made its first major move into social ecommerce after signing a deal with Shopify to allow brands to sell their wares through the viral video app. The tie-up means Shopify merchants will be able to run video ads on the platform, allowing Tiktok users to click through and purchase a product. The feature [...]
UK betting firm Genius Sports to go public with $1.5bn US deal October 27, 2020 UK sports data firm Genius Sports Group is planning to go public with a listing on the New York Stock Exchange by merging with special purpose acquisition company Dmy Technology. The deal values the combined group at around $1.5bn. Genius Sports boss Mark Locke will stay on as chief executive following the transaction. Dmy chairman [...]
Tech firms demand legal safeguards over content moderation October 26, 2020 Tech giants including Google and Facebook have called on the EU to introduce a “legal safeguard” to limit their liability when proactively tackling harmful content. Brussels is currently drafting rules under its upcoming Digital Services Act that would increase companies’ responsibility for removing illegal material posted to their platform. But in a report released today, [...]
Facebook takes on Google and Amazon with cloud gaming launch October 26, 2020 Facebook has launched a free cloud gaming feature on its platform, becoming the latest tech giant to move into the lucrative games market. The social media site today said users will be able to stream games such as Asphalt 9: Legends and PGA Tour Golf Shootout on the Facebook app and browser with no download [...]
Ant Group to raise $34bn in world’s biggest stock market debut October 26, 2020 Ant Group is aiming to raise up to $34.4bn (£26.4bn) in what will be the world’s largest ever initial public offering, stock market filings confirmed today. The Chinese fintech firm is set to raise $17.2bn in both Shanghai and Hong Kong through the mammoth dual listing. Ant Group set the price tag for the Shanghai [...]