Lawmakers pummel Big Tech CEOs at US anti-trust hearing

Lawmakers pummel Big Tech CEOs at US anti-trust hearing

Big Tech executives faced an onslaught of criticism from US lawmakers on Wednesday at a high-stakes antitrust hearing which could lay the groundwork for tougher regulation of the major internet platforms. CEOs Tim Cook of Apple, Jeff Bezos of Amazon, Mark Zuckerberg of Facebook and Sundar Pichai of Google were ...

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Tech titans to defend American success stories

Tech titans to defend American success stories

Leaders of the world's four most powerful companies will defend the Internet giants, painting them as US success stories in a fiercely competitive world during a major antitrust hearing Wednesday. The unprecedented hearing will feature chief executives Jeff Bezos of Amazon, Tim Cook of Apple, Mark Zuckerberg of Facebook and ...

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Share surge propels Taiwan chip giant TSMC into top 10  

Share surge propels Taiwan chip giant TSMC into top 10  

Taiwanese chip giant TSMC on Tuesday briefly became the world's tenth largest company thanks to a two-day surge in its stock price that has propelled the island's exchange to a record high. Taiwan Semiconductor Manufacturing Company, the world's largest contract microchip maker, produces the processors that provide the computing muscle ...

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Huawei has 'no plans to cut jobs or business in India'

Huawei has 'no plans to cut jobs or business in India'

(ATF) Chinese telecom gear maker Huawei Technologies does not have plans to cut jobs and business is going on as usual at its centres in India, a source close to the matter told Asia Times Financial. This news emerged amid media reports that the company has cut its India revenue ...

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TikTok launches $200m 'creator fund'

TikTok launches $200 mn 'creator fund'

TikTok unveiled plans for a $200 million "creator fund" to add content from emerging social media personalities to the fast-growing video-sharing app. The new US fund will "help support ambitious creators who are seeking opportunities to foster a livelihood through their innovative content," said Vanessa Pappas, general manager of TikTok ...

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Intel’s tech delays bite progressively harder

Intel’s tech delays bite progressively harder

In chipmaking, being able to make the smallest, most complex processors isn’t just about bragging rights. Those that can, at scale and at speed, have a huge financial advantage over rivals. As for the others, they end up like Intel. After losing its lead with a years-long series of product ...

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China’s new data security law extends sovereignty to cyberspace

China’s new data security law extends sovereignty to cyberspace

(ATF) With China planning to spend trillions of yuan on technology upgrades, from 5G to the industrial Internet, and massively boosting its data capacity, a new law governing this new state infrastructure has been announced. It will affect more than just people living in China, as there are international aspects ...

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