(Reuters) – BEIJING – On Friday, China hinted an easing of its grip on the once-freewheeling digital industry as President Xi Jinping sought to support the economy in the face of growth-sapping COVID-19 lockdowns, sending shares of online giants soaring. In a meeting presided over by Xi, China’s powerful PolitburoContinue Reading
Baidu and Pony.ai have been granted authorization to run their autonomous vehicles in Beijing without the use of safety drivers, a first for robotaxi services in China (via CNBC). Although neither company need a driver, they will still want a supervisor to be present somewhere in the car. Baidu andContinue Reading
Several countries are transitioning to 5G technology as the technology matures. However, with that proving to be a success, many are wanting to migrate to 6G as quickly as possible. The issue has piqued the interest of technology corporations and even governments. 6G connection contains performance standards such as aContinue Reading
(Reuters) According to three people familiar with the matter, Elon Musk told banks that agreed to help fund his $44 billion acquisition of Twitter Inc (TWTR.N) that he would cut executive and board pay at the social media company in an effort to cut costs, and that he would developContinue Reading
As the first half of the tech earnings season comes to a close, one recurring theme has been the digital ad market’s fragility. The situation in Ukraine, increasing prices, Apple’s privacy measures, and a general decrease in ad spending all contributed to Facebook, Google, Amazon, and Twitter reporting poor revenueContinue Reading
Following El Salvador’s acceptance of Bitcoin as a national currency last year, the Central African Republic (CAR) has become the second country to do so. According to Reuters and BBC News, the government of the Central African Republic claims that a bill to adopt Bitcoin was voted unanimously by theContinue Reading
Twitch is rumoured to be looking to increase income from top streamers. Top Twitch streamers are outraged at reports that the Amazon-owned network is planning to decrease pay-outs in its partnership programme to improve profitability. Twitch is mulling a variety of adjustments, according to Bloomberg News, in order to generateContinue Reading
Elon Musk allegedly met with Twitter’s board of directors over the weekend to discuss his $43 billion (£33.6 billion) buyout bid. Following the announcement of the Tesla CEO’s proposal, Twitter’s management declared a “poison pill” strategy to stave against a hostile takeover. Mr Musk intends to fund his effort withContinue Reading
Apps that haven’t been updated in a’significant length of time’ will be deleted. Apple may be tightening down on programmes that haven’t received any upgrades in a long time. Apple tells impacted developers in an email titled “App Improvement Notice” that it will delete apps from the App Store ifContinue Reading
The Digital Services Act will change the face of the internet.Another ambitious piece of legislation to govern the internet world has been agreed upon by the EU. The group agreed on the general outlines of the Digital Services Act, or DSA, early Saturday morning following hours of discussions. The DSAContinue Reading
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