Page 4 - Big Tech

RBI dy guv says big tech's financial sector play in India under watch

Both Google Pay and Amazon have announced partnerships with lenders to accept deposits in the country through their mobile phone apps.

Facebook blames outage on error during routine maintenance

The global outage that knocked Facebook and its other platforms offline for hours was caused by an error during routine maintenance, the company said. Santosh Janardhan, Facebook's vice president of infrastructure, said in a blog post that Facebook, Instagram and WhatsApp going dark was caused not by malicious activity, but an error of our own making." The problem occurred as engineers were carrying out day to day work on Facebook's global backbone network; the computers, routers and software in its data centers around the world along with the fiber-optic cables connecting them. During one of these routine maintenance jobs, a command was issued with the intention to assess the availability of global backbone capacity, which unintentionally took down all the connections in our backbone network, effectively disconnecting Facebook data centers globally, Janardhan said Tuesday. Facebook's systems are designed to catch such mistakes but in this case a bug in the audit tool prevented it

Apple might come out with new MacBook Pro in October: Report

Apart from this, there are rumours doing the rounds that Apple is also preparing for the launch of new, third-generation AirPods

EU lawmaker says US tech giants should be regulated where they are based

The principle means Ireland is responsible for regulating Apple, Alphabet's Google and Facebook because they have their European headquarters there while Amazon is subject to Luxembourg's supervision

Facebook employees were unable to log on to work amid outage

Facebook employees and contractors complained that they were unable to log on to their work accounts during the company's worst service outage since 2008.

Global tax talks race to resolve hurdles as time runs out: Report

OECD-led group aims to resolve issues by October 8 gathering

India's antitrust watchdog CCI must act sans pressure to tame tech giants

As more and more Indian brands and companies strive to go global, the onus is now on the countrys regulators to create a level-playing field for domestic players

MacBook Air with Apple silicon to enter mass production in Q3 2022: Report

Rumours and leaks have proposed that the next MacBook Air could follow the 24-inch iMac in departing from the usual silver casing, in favour of a more colourful lineup

Google defends Android phone maker deals, denies carrot and stick tactics

The technology giant was addressing the second day of a week-long hearing in a European court

Centre expects tech cos will not use encryption as 'excuse': Report

India earlier this year introduced rules that require private messaging apps such as WhatsApp to divulge the originator of disinformation when asked

Apple's new iPhone to take longer to reach customers, say analysts

The iPhone 13, priced between $699 and $1,599, comes with a sharper camera, a new bionic chip and improved connectivity. It has been available for pre-booking since Sept. 17.

Some Apple, Tesla suppliers suspend production in China amid power pinch

Two major Taiwanese chipmakers, however, said their China facilities are operating as normal.

For Big Tech companies, having endless money can hold them and us back

Many smaller tech companies also fear that tech giants are hoard­ing talent because they can

Google 'information leak' plea attempt to frustrate proceedings: CCI to HC

The Competition Commission of India told the Delhi High Court on Friday that Google's plea against the alleged leak of confidential probe information was wholly misplaced

Google files writ in Delhi HC against CCI alleging confidential report leak

According to industry estimates, the Android market share is 97-98 per cent

India, other G24 nations call for gradual withdrawal of 'Google tax'

The G24 now pressed for a gradual removal of unilateral measures, simultaneous to revenue gains from the implementation of Pillar 1

Facebook spent over $13 billion on safety, security measures since 2016

Facebook Inc said it has invested more than $13 billion in safety and security measures since 2016

Big Tech under the scanner in India after South Korea slaps fine on Google

Regulators and startups in India are beginning to push back against what they see as monopolistic practices

What went wrong with Big Tech

System Error certainly serves as a very well-written, if superficial, primer for all we need to know about the impact of the tech industry

Why RBI is concerned about Equitas SFB's new scheme for Google Pay users

The RBI is weighing carefully if this could eventually lead to a backdoor entry of Big Tech in the Indian banking system