Category: Technology

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pakistan social media blackout: Pakistan protests: Social media blackout boosts Imran Khan’s momentum

[ad_1] A state-imposed social media blackout to quell massive protests around the arrest of Pakistan’s former prime minister Imran Khan has instead fuelled momentum for him, analysts say. Moments after Khan was detained by a swarm of paramilitary Rangers on Tuesday, the interior ministry restricted nationwide access to Twitter, Facebook and YouTube. Mobile data coverage ...

tesla inc: Tesla to recall over 1 million foreign and China-made cars

[ad_1] Tesla Inc will recall a total of 1,104,622 vehicles, both imported and China-made ones, China’s market regulator said on Friday. The models to be recalled include imported Model S, Model X, Model 3 as well as China-produced Model 3 and Model Y, the State Administration for Market Regulation said in a statement. The recall ...

meta ai: Meta announces testing of generative AI-powered advertisement tools

[ad_1] Meta (formerly Facebook) said on Thursday it is introducing additional AI features and a product to the suite that aims to make it easier for businesses to achieve their goals through AI. An AI sandbox will act as the company’s testing ground for initial versions of new tools and features including generative AI-powered ad ...

apple italy probe: Italy probes Apple over app market dominance

[ad_1] Italy’s antitrust regulator said Thursday it has opened an investigation into tech giant Apple for allegedly abusing a dominant position in the app market. At issue is Apple’s App Tracking Transparency policy that compels third-party developers to secure an opt-in from iPhone users to track their usage for advertising and other purposes. The policy, ...

xu lei: China’s JD.com promotes finance chief to CEO role as Xu Lei resigns

[ad_1] China’s e-commerce giant JD.com Inc said on Thursday its chief executive Xu Lei will step down, with the company’s chief financial officer taking on the role. Xu Lei, who has officially been CEO for a year, said on a call with analysts after the company reported first quarter earnings that he had resigned to ...

softbank paytm stake sale: SoftBank offloads 2% stake in Paytm parent One97 Communications

[ad_1] SoftBank has sold a 2.07% stake in Paytm parent One97 Communications in a series of sales in the open market this year, to comply with the market regulator’s takeover regulations, the Japanese investor informed stock exchanges. A SoftBank entity, SVF India Holdings (Cayman) Ltd, sold the shares, totalling more than 13 million, between February ...

tokyo electron: Tokyo Electron expects profit dip as chipmakers slow investment

[ad_1] Tokyo Electron Ltd, Japan’s leading maker of semiconductor manufacturing tools, on Thursday forecast its profit to dip by more than a third from a record high as its customers slowed investment in new plant. The company expects operating profit to fall 36% to 393 billion yen ($2.91 billion) in the twelve months to March ...

ai chatbot: European Parliament votes on curbs for ChatGPT and other AI

[ad_1] EU lawmakers hold a crucial vote Thursday towards setting restrictions on how AI such as ChatGPT can be used in the European Union. European Parliament committees will set out their position for upcoming negotiations with EU member states that aim to create a law to prevent abuses in the way artificial intelligence is used, ...

startup executives pay: Inflated pay dampens startup executives’ job hunt

[ad_1] The astronomical packages bagged by senior startup executives during the boom times are now turning out to be a handicap for many as they look for a job change amid a slowdown in the sector. Professionals who are drawing extremely high salaries and looking to move out from troubled startups are facing sharp cuts ...

apple: EU antitrust regulators seeking more info on Apple Pay

[ad_1] EU antitrust regulators are seeking more information on Apple‘s mobile payment system, the European Commission said on Wednesday, a sign that the enforcer is looking to close any loopholes and boost its case against the iPhone maker. The EU competition watchdog last year accused Apple of restricting rivals’ access to its tap-and-go technology, Near-Field ...