Page 5 - Big Tech

Tie-ups like Equitas-Google Pay can significantly disrupt payments sector

With Covid-19 putting the brakes on bank lending, fintech players have begun to give banks serious competition

WhatsApp fined $266 mn by Irish regulator over data transparency breaches

The fine comes weeks after Amazon.com Inc. was hit with a record 746 million-euro penalty in Luxembourg, where it has its European base

Apple faces antitrust complaint in India for misusing dominant play in apps

Firm accused of forcing developers to use its proprietary in-app purchase system

Apple to let media apps avoid 30% fee after global scrutiny

To date, Apple has forced such applications to use its in-app purchase system, which gives Apple up to a 30% commission on downloads and in-app subscriptions

Amazon CEO unveils 55,000 tech jobs in first hiring push under his watch

Amazon's new hires would represent a 20% increase in tech and corporate staff, who currently number 275,000

Google, Facebook, Microsoft top EU lobbying spending, shows study

Such efforts should be a wake-up call to EU policymakers to further beef up the draft laws and lobbying rules, the study by campaign groups Corporate Europe Observatory and LobbyControl warned.

The tech landscape is changing

The action against big tech in the US could affect start-ups in other countries like India both positively and negatively

New South Korea law likely to test Apple, Google duopoly: Report

The Telecommunications Business Act would mandate giving users a free choice of app payment providers

How Big Tech is watching you

Luckily, governments around the world have started waking up to both the dangers and started working on curbing Big Tech

Twitter brings algorithmic bias bounty challenge with prizes up to $3,500

The winning teams will receive cash prizes via HackerOne

Microsoft faces subpoena in Google's antitrust case in United States

Google is also facing a new multi-state antitrust lawsuit in the US that accuses the tech giant of abusing its market power to stifle competitors.

IT rules: Google purged over 1.1 million harmful content in India

Google removed 634,357 pieces of harmful content for May and 526,866 for June 2021 via its automated detection processes.

Covid-19 pandemic: Big Tech makes jabs mandatory, Twitter closes offices

Twitter started allowing employees back to its campuses in San Francisco and New York

Mark Zuckerberg says Facebook's future lies in virtual 'metaverse'

On Monday, Facebook announced a standalone product group internally tasked with building out this vision

Facebook expects significant growth slowdown for rest of 2021

The company now has 2.9 billion monthly active users (MAUs) globally and average revenue per user stands at $10.12.

Apple and Google are winning big, but one company is about to pull ahead

No two tech giants are the same, and it comes down to their business models.

Biden says 'killing people' by misinfo was call to action for big tech

President Joe Biden tempered his assessment saying Monday that he hoped they would not take it personally and instead would act to save lives

'Poison': US Surgeon General rips big tech for Covid misinformation

US Surgeon General Vivek Murthy tore into dominant technology companies for enabling Covid-19 misinformation and urged them to redesign their recommendation algorithms

Ravi Shankar Prasad: The minister who took on big tech over compliance

While Digital India, PLI for electronics have been big focus areas for him, Prasad will be remembered for sending a strong message to FB, WhatsApp and Twitter to follow the rules of the land

Ghaziabad police not keen on probing Twitter's role in viral video: HC

'The whole problem is you don't want to investigate': HC