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Tag: United States

As TikTok’s future in the United States remains uncertain, the company has begun testing a new platform aimed at supporting artists in their careers.
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 […]

Chinese hackers hack US Commerce chief's emails
News Tech

Chinese hackers hack US Commerce chief’s emails

Secretary of the U.S. Department of Commerce, Gina Raimondo, has become one of several high-ranking Americans whose emails were compromised earlier this year by hackers that Microsoft claims is located in China. In a meeting with Wang Yi on Thursday in Jakarta, Secretary of State Antony Blinken made it clear that any action that targets […]

Huawei revisits 5G phones to overcome US ban - Report
News Tech

Huawei revisits 5G phones to overcome US ban – Report

China’s Huawei Technologies is planning to enter the 5G smartphone market by the end of this year, marking a comeback after a U.S. ban on equipment sales destroyed its consumer electronics sector, according to research firms. According to three independent technological research organisations covering China’s smartphone market, Huawei should be able to obtain 5G chips […]

US authors sue OpenAI, Meta for copyright infringement
News Tech

US authors sue OpenAI, Meta for copyright infringement

Authors Richard Kadrey, Christopher Golden, and comedian Sarah Silverman are suing OpenAI and Meta in a US district court on separate counts of copyright infringement. The lawsuits claim, among other things, that OpenAI’s ChatGPT and Meta’s LLaMA were trained on datasets containing their works that were obtained illegally. They claim these datasets were obtained from […]

News

KPMG to cut 5% of its US staff

In response to “economic headwinds, coupled with historically low attrition,” a KPMG representative announced on Monday that the Big Four accounting giant is firing 5% of its U.S. workforce. According to Reuters, at the end of its most recent fiscal year, which ended on September 30, the company had nearly 39,000 employees working there. The first […]

Russia-sponsored hackers attack Microsoft systems again - Company
News

US fines Microsoft $20m over child data privacy

Officials have stated that Microsoft would pay $20 million to resolve government claims that it unlawfully obtained personal data from children. who signed up on its Xbox video game console. The Punch reported that according to the Federal Trade Commission, between 2015 and 2020, Microsoft allegedly acquired and stored personal information from children under the age […]

US, EU forge alliance to address China's export control
News

US, EU forge alliance to address China’s export control

In a significant move to address mounting concerns about China’s non-market practices, Washington and the European Union are set to announce their commitment to joint action and coordinated export controls. The draft statement, providing a glimpse into the upcoming EU-U.S. Trade and Technology Council meeting, reveals a strategic alliance aimed at tackling economic coercion and […]

Minister of Economy, Trade and Industry of Japan
Business featured

G7 to finance climate action in developing countries 

Japan’s economy and trade minister, Yasutoshi Nishimura, on Saturday stated that members of the G7 must take action to help emerging countries reduce emissions, including financing decarbonisation in “hard-to-abate” industries. Reuters reported that the G7 ministers are meeting in Sapporo on Saturday and Sunday for climate and energy talks. Meanwhile, Nishimura emphasized that it is […]

Banks reduce forex sales as scarcity persists
Business

Dollar drops as inflation falls behind projection

The value of the dollar fell sharply on Wednesday after data indicated that the increase in U.S. consumer prices in March was lower than projection. According to CNBC, this development may decrease the probability of the Federal Reserve continuing to raise interest rates. In March, the Consumer Price Index experienced a rise of only 0.1%, […]