Friday , July 3 2020

Tag Archives: technology

The Boycott Got Facebook's Attention, but a Real Fix Is Nowhere in Sight

Is the mass advertising boycott hitting Facebook Inc. a meaningful turning point for the social-media king? Or is it just another public-relations storm it weathers on its way to joining the Trillion-Dollar Club? Companies like Coca-Cola and Unilever are pausing their social-media spend, citing a variety of reasons, most commonly …

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Can a More Powerful Taser End Police Killings?

Rick Smith, the man who pioneered Taser stun guns, says he wants to manufacture a next-generation Taser that is so effective police officers won’t have to use their pistols anymore. But he says it will take 10 years. “Lethal force, even today, is still the most effective way to stop …

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Uber Under Pressure to Beef Up Food Delivery

Uber Technologies Inc. needs a win. After a failed bid for Grubhub Inc., the ride-hailing giant is trying to buy much smaller food-delivery company Postmates Inc. as it seeks surer footing in the era of Covid-19. The San Francisco-based company needs to get stronger in the competitive world of food …

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TikTok Tackles India App Ban, Vowing It's No Tool for Beijing

New Delhi—TikTok, a popular short-video app, sought to distance itself from Beijing after India banned it and dozens of other Chinese mobile apps in retaliation for a deadly border clash last month. In response to the ban, which was given on cybersecurity grounds, TikTok Chief Executive Kevin Mayer said Chinese …

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Facebook Boycott Organizers Want a Civil Rights Expert in the Company's Executive Suite

Facebook Inc. leaders including Chief Executive Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg are set to meet early next week with civil rights groups that called for an advertising boycott against the company over its handling of hate speech and misinformation. Among the top requests from the groups will …

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How Wirecard Went From Tech Star to Bankrupt

Markus Braun built Wirecard AG from an obscure firm based in a small town outside of Munich into a global electronic-payments giant. From its perch at the crossroads of online commerce, Wirecard extracted fees for processing credit-card transactions on behalf of businesses. It pushed into emerging markets, bought up smaller …

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Lemonade Is Priced for Sweet Outlook

Investors currently have a lot of lemons in their insurance portfolios. Now they can finally have Lemonade. The insurance-tech darling is set to begin trading on Thursday in an initial public offering. The upstart uses artificial intelligence and other tools to rapidly underwrite and pay claims via its popular smartphone …

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Cheap Online Live-TV Bundles Aren't So Cheap Anymore

Two major TV-over-internet bundles are raising their prices this summer, moves that mean smaller savings for many Americans who choose to cancel their traditional pay-TV subscriptions in favor of leaner, cheaper services. Google’s YouTube TV on Tuesday said its basic package now costs $65 a month, a 30% increase from …

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Major Tech Company CEOs to Testify Before Congress

WASHINGTON—The chief executives of Amazon.com Inc., Apple Inc., Facebook Inc. and Alphabet Inc.’s Google have agreed to testify before the House Judiciary Committee as it investigates their power over the digital marketplace, according to a spokeswoman for the committee. The hearing is planned for later this month, the spokeswoman said. …

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Apple to Shut Dozens of Stores as Coronavirus Flares

Apple Inc. is temporarily closing dozens of stores in states around the country as the Covid-19 pandemic has worsened in certain regions. The company, which operates about 270 stores in the U.S., had been reopening them for business as coronavirus lockdowns eased in the spring. As of Wednesday, Apple had …

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Apple's Virtual Event Gives Hope for Online-Only Conferences in Covid-19 Era

The reviews are in for Apple Inc.’s first-ever online-only software conference: Virtual tech conferences can work. Apple’s Worldwide Developer Conference last week became a bellwether for the potential of corporate gatherings that take place exclusively online as the coronavirus pandemic makes physical conferences impossible. Developers said… Source link

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Facebook's Tensions With Advertisers Predate the Boycott

In a virtual town hall with marketers and advertising agencies on Tuesday, Facebook Inc. executives once again tried to answer complaints that the company hasn’t done enough to counter hate speech and misinformation. Led by Carolyn Everson, vice president of Facebook’s Global Business Group, executives described efforts to make the …

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FedEx Reports Better-Than-Expected Revenue as Residential Deliveries Surge

FedEx Corp. said Christmas-like levels of online shopping boosted its business, and it is seeing tentative signs that the global economy is recovering from the coronavirus pandemic. The delivery giant also experienced a jump in international cargo during the fiscal fourth quarter, helping to offset the significant decline in commercial …

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Facebook Bans Large Segment of Boogaloo Movement

Facebook Inc. has classified a large segment of the boogaloo movement as a dangerous organization and banned it from its network, in the tech company’s broadest move yet against the group. The company said in a blog post it removed more than 300 Facebook and Instagram accounts and 106 groups …

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India Ban Hurts Chinese Tech in World's Biggest Untapped Market

India’s decision to ban dozens of Chinese apps for security reasons is a big setback for China’s top tech firms’ campaign to replicate their remarkable domestic success around the world, as they may now be largely locked out of what many consider the world’s last great untapped digital market. As …

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Amazon Launches Space Push to Drive Cloud-Computing Growth

Amazon.com Inc. is boosting efforts to lure military and commercial space organizations as major users of its cloud-computing services, hoping to benefit from rising government spending and burgeoning private investment. The move by Amazon Web Services, the online retail giant’s cloud-computing arm, comes during a multiyear surge in U.S. military …

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