Zoom investment shines light on woman behind Li Ka-shing’s tech bets
By: Financial Times July 02, 2020 Li ka-shing, hong kongs undisputed dealmaking master, made about 30bn in assets over the past ten years, spanning retail, energy and infrastructure. their sons victor and richard have carved on their reputations for sealing billion-dollar buyouts world wide. Nevertheless elder mr lis financial investment in videoconferencing team zoom, whoever […]
Effort to crack Big Tech’s legal shield gains bipartisan momentum
By: Roll Call June 30, 2020 Bipartisan support for a pair of Senate bills that would force social media companies such as Facebook and Twitter to change their content moderation policies could mark a turning point in Washington’s ongoing efforts to maintain greater control over Silicon Valley. Both Republicans and Democrats have frequently criticized a […]
Peers call for tougher regulation of digital and social media in UK
By: The Guardian June 29, 2020 Ministers are being urged to toughen up the regulation of digital and social media because “a pandemic of misinformation and disinformation” is eroding trust in politics and public institutions. A House of Lords committee on democracy and digital technologies, chaired by the film producer and Labour peer David Puttnam, […]
Unilever to pull ads from Twitter, Instagram and Facebook through end of the year
By: The Hill June 26, 2017 Unilever, which controls brands including Dove soap and Hellmann’s Mayonnaise, announced Friday that it is pulling brand advertisements from Twitter, Instagram and Facebook until “at least” the end of 2020. The decision was made after several other major companies pulled advertisements from Facebook as part of an advertising boycott called for by […]
Michigan is trying to make it illegal for companies to put microchips in their employees
By: The Byte June 26, 2020 Michigan lawmakers just introduced a bill that would ban employers from implanting their workers with microchips — unless, of course, the worker in question volunteered. In recent years, a growing number of companies have explored the idea of tagging their employees with subdermal, rice-sized RFID chips. Companies defend the chips as […]
Business Roundtable Encourages Multilateral Resolution of Digital Tax Issues
By: New York Times March 28, 2017 “Business Roundtable has long supported a multilateral solution to tax issues arising from the digitalization of the economy. We commend the important work undertaken by the United States and its partners in the OECD and the Inclusive Framework toward international tax rules that reduce uncertainty and promote cross-border […]
Google Will Start Paying Publishers for Upcoming News Service
By: Bloomberg June 25, 2020 Alphabet Inc.’s Google will begin paying select media outlets featured in a yet-to-be released news service later this year, a major business shift for the search engine after years of pressure from media companies and regulators. The licensing deals will start in three countries and Google is in talks with […]
Expert: Online Disinformation Now Targeting COVID-19, Black Lives Matter
By: Futurism June 25, 2020 For years, Hany Farid has been warning Congress, the media, and anyone else who would listen that society is losing the battle against disinformation online. With the rise of sophisticated, hyper-realistic deepfakes and other forms of manipulated media and the approaching 2020 presidential election, his warnings seem more prescient than ever. Farid, a professor […]
Google considers alternatives to Hong Kong for undersea cable
By: Financial Times June 24, 2020 Google is contemplating different locations for a deliberate high-speed web cable after the US authorities warned it towards constructing the hyperlink to Hong Kong for safety causes. “We are looking at alternatives. You always have alternative plans or are evaluating alternatives,” stated Thomas Kurian, the pinnacle of Google’s cloud […]