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Netflix unveils first use of generative AI in original series
News Tech

Netflix hikes streaming plans in US, UK, France

Netflix on Wednesday, increased the cost of certain of its streaming plans in the US, the UK, and France. Overcoming the 6 million median predictions of Wall Street experts LSEG surveyed, the company added roughly 9 million new subscribers globally. Netflix attributed the gains to its campaign against password sharing and a consistent stream of […]

TikTok launches feature for quality sleep amid lawsuits
News Tech

TikTok launches e-commerce platform in US

TikTok has launched its e-commerce operation in the United States after months of testing, according to a blog post on Tuesday. This is because its Chinese owner ByteDance aims to cash in on the success of the social media app. Through a number of features on its main app, TikTok is introducing online shopping in […]

Top executives from American and Vietnamese companies in the semiconductor, technology, and aviation sectors gathered on Monday, as part of U.S. President Joe Biden's visit to Hanoi, Vietnam.
News Tech

Biden meets top tech executives in Vietnam

Top executives from American and Vietnamese companies in the semiconductor, technology, and aviation sectors gathered on Monday, as part of U.S. President Joe Biden’s visit to Hanoi, Vietnam. According to the meeting agenda, senior executives from Google, Intel, Amkor, Marvell, GlobalFoundries, and Boeing attended the Vietnam-U.S. Innovation & Investment Summit. Executives from half a dozen […]

North Korean hackers intending to liquidate millions in stolen crypto, FBI warns
News Tech

North Korean hackers to liquidate millions in stolen crypto, FBI warns

U.S authorities have disclosed that North Korean hackers are allegedly getting ready to cash out millions of dollars through a string of high-profile cryptocurrency breaches. The Lazarus Group, also known as APT38 and “TraderTraitor,” which is supported by North Korea, stole hundreds of millions of dollars’ worth of cryptocurrencies in recent blockchain activity, the FBI […]

US DOJ probes Visa over antitrust issues
News Tech

US DOJ probes Visa over antitrust issues

The U.S. Department of Justice has opened a new investigation that Visa is charging retailers more for not adopting the payment company’s own tokenization technology, Bloomberg News reported on Wednesday. Early in 2021, the DOJ launched an antitrust investigation into Visa to see whether it engages in anticompetitive behaviour in the debit card market. According […]

Singapore grants Coinbase payments license
Crypto

Coinbase receives nod to trade crypto in U.S

A prominent player in the cryptocurrency space, Coinbase, has received a significant nod from regulators, a move that has propelled its shares up by 5% in premarket trading. The approval, granted by the National Futures Association, marks a pivotal moment for Coinbase, underscoring its unwavering dedication to maintaining a business that adheres to regulatory standards. […]

White House unveils AI policy for US global dominance
News Tech

US unveils million-dollar competition to tackle cyberattacks

The White House announced on Wednesday that it had started a multi-million dollar cyber competition to encourage the use of artificial intelligence to detect and fix security holes in the infrastructure of the United States government. This is in response to hackers’ increasing use of technology for nefarious ends. “Cybersecurity is a race between offense […]

Global stock markets find balance amid European equities
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Global stock markets find balance amid European equities

Global stock markets maintained a sense of equilibrium, with European equities showing resilience, particularly in response to Italy’s decision to allay concerns about a proposed bank profit tax. Meanwhile, the dollar experienced a slight decline as new economic data highlighted shifts in the Chinese economy. As Wall Street opened to mixed sentiments, the Nasdaq and […]

News Tech

Court rejects Google’s bid to dismiss $5bn privacy lawsuit

A lawsuit claiming that Google violated the privacy of millions of people by covertly monitoring their internet use was denied by a U.S. judge. According to U.S. District Judge Yvonne Gonzalez Rogers, because the Alphabet subsidiary never clearly informed users that it would do so, she was unable to determine whether consumers gave Google their […]

TikTok launches feature for quality sleep amid lawsuits
News Tech

Tech groups join TikTok, tackles ban in US state

Two tech organisations on Monday, joined TikTok in its lawsuit to stop the use of the short-form video sharing app in Montana before it becomes law on January 1st, 2024. In a joint court filing, Chamber of Progress and NetChoice, a national trade association with major tech platforms, claimed that Montana’s attempt to isolate Montanans […]

US, Africa partner to strengthen trade
Business

US, Africa partner to strengthen trade

The US-African Business Summit, which drew more than 1300 participants and took place in mid-July in Gaborone, Botswana, has focused mainly on developing measures to improve trade and economic ties between the two continents. The mid-July summit was organized by the Corporate Council on Africa as a follow-up to the December 2022 US-African Leaders Summit in […]

TikTok reassigns senior executive team
News Tech

Group challenges TikTok ban in Texas

A group filed a lawsuit against the state of Texas on Thursday, claiming that the state’s prohibition on public university personnel using the Chinese-owned short video app TikTok on state-owned devices or networks has jeopardised research and instruction. The Knight First Amendment Institute at Columbia University filed a complaint in the United States District Court […]

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