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April 15, 2021

Tech

Ford CEO takes shot at Tesla for using customers to test unfinished tech

CNBC
CNBC – For more and to sign up click here Ford says its Active Drive Assist system will allow for hands-free driving on more than 100,000 miles of divided highways in the U.S. and Canada. Ford Ford Motor followed Tesla in many ways when it came to the Mustang Mach-E,......

Judge in Texas lawsuit against Google issues protective order

Reuters
FILE PHOTO: The Google Inc. logo is seen outside their headquarters in Mountain View, California August 18, 2004. REUTERS/Clay McLachlan/File Photo WASHINGTON (Reuters) – The judge hearing the Texas antitrust lawsuit against Alphabet Inc’s Google put limits on what the search giant’s in-house lawyers can see in an order aimed......

Chinese tech stocks rally after anti-monopoly pledge as regulators sharpen claws

CNBC
CNBC – For more and to sign up click here A man holding a phone walks past a sign of Chinese company ByteDance’s app TikTok, known locally as Douyin, at the International Artificial Products Expo in Hangzhou, Zhejiang province, China October 18, 2019. Reuters Regulators fined Alibaba a record $2.8......

Tech billionaires are obsessed with climate change — but some question if they’re focusing on the right areas

CNBC
CNBC – For more and to sign up click here Combination: Jeff Bezos (L), Elon Musk (C) and Bill Gates (R). Reuters Climate change appears to be high on the agenda for tech billionaires like Elon Musk, Jeff Bezos and Bill Gates but some are questioning whether they’re focusing their......

GOP donors, leaders discussed plans to take on Big Tech, corporations during retreat at Trump’s Mar-a-Lago

CNBC
CNBC – For more and to sign up click here Former U.S. President Donald Trump’s Mar-a-Lago resort is seen in Palm Beach, Florida, February 8, 2021. Marco Bello | Reuters Many top Republican donors, lawmakers and strategists huddled privately over the weekend at Mar-a-Lago, the Florida resort owned by former......

Microsoft to Buy Nuance for $16 Billion to Focus on Health Care Tech

New York Times
Microsoft said on Monday that it would buy Nuance Communications, a provider of artificial-intelligence and speech-recognition software, for about $16 billion, as it pushes to expand its health care technology services. In acquiring Nuance, whose products include the transcription tool Dragon, Microsoft is hoping to bolster its offerings for the......

Investing in China tech stocks is partly a bet on Beijing’s regulatory attitude, says NYU’s Damodaran

CNBC
CNBC – For more and to sign up click here The success of China’s internet giants is closely tied to their relationship with Beijing, according to Aswath Damodaran, New York University’s “dean of valuation.” Investors are “making a joint bet on the company and its relationship with Beijing,” Damodaran, professor......

In a quest to rein in its tech giants, China turns to data protection

CNBC
CNBC – For more and to sign up click here Chinese President Xi Jinping in Beijing on Jan. 22, 2021. Shen Hong | Xinhua News Agency | Getty Images GUANGZHOU, China — China is looking to tighten rules around how its citizens’ personal data is collected, as it moves to......

News media suffering the brunt of tech titan’s greed

NYPost
Rachel Bovard Google is under antitrust scrutiny from both the federal government and the states, whose law-enforcement agencies are increasingly skeptical that its dominant market position has been fairly won. Much of the particulars of Google’s behavior have remained under court seal. But, due to a filing error by one......

Tech comedians are poking fun at their employers, drawing big followings

CNBC
CNBC – For more and to sign up click here Alexis Gay quit her job in tech to pursue comedy full-time amid the Covid-10 pandemic. Images courtesy of Alexis Gay When Alexis Gay had to present second quarter results to her team on a Zoom video call, she sat down......

Exclusive: China’s antitrust regulator bulking up as crackdown on behemoths widens

Reuters
BEIJING/HONG KONG (Reuters) – China’s competition watchdog is adding staff and other resources as it ramps up efforts to crack down on anti-competitive behaviour, especially among the country’s powerful companies, people with knowledge of the matter told Reuters. FILE PHOTO: The logo of Alibaba Group is seen at its office......

Entertainment venues still waiting for a lifeline as tech glitches snarl Covid relief applications

CNBC
CNBC – For more and to sign up click here The Anthem, a popular live music venue, displays a message of support on their marquee on April 3, 2020 in Washington, DC. Drew Angerer | Getty Images At The Independent in San Francisco, it’s been a long, dark year in......

Following Brexit, the U.K.’s competition watchdog is staking its place in the Big Tech backlash

CNBC
CNBC – For more and to sign up click here The logos of Google, Facebook, Instagram, Twitter, Snapchat and TikTok displayed on a computer screen. Denis Charlet | AFP via Getty Images The U.K.’s competition watchdog doesn’t just have GIFs on its mind. The Competition and Markets Authority’s probe into......

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