Tag: Tech Sector
Meta Says Metaverse Will Be Worth $3 Trillion
Meta’s president of global affairs, Nick Clegg, is defending Meta’s eye-popping investments in the metaverse, saying he believes the technology will change how consumers...
Europeans Should Benefit From AI Rules, Says Lawmaker
Europe’s proposed artificial intelligence (AI) rules should try to benefit from the technology instead of hindering it, an EU lawmaker told Reuters this week.
“There...
EU Lawmakers Vote For Tougher Tech Laws
A key committee of EU lawmakers on Tuesday agreed to tougher laws targeting Amazon, Apple, Google and Facebook, reported Reuters. Frustrated by the slow pace of...
Big Tech Gives Feedback On Antitrust Legislation
Four of the biggest US technology companies are getting a belated chance to give feedback on antitrust legislation that could force drastic changes to...
China’s Big Tech “Self-Corrects” To Ease Potential Regulatory Fury
Concerned about unprecedented regulatory heat for China’s tech sector, some companies are no longer waiting for any official reprimands that may or may not...
European Union Gives Google Ultimatum On Travel Price Transparency
The European Union has given Google an eight-week ultimatum to make its travel-related search more transparent or the Silicon Valley technology giant could face...
Germany Raised $12B To Boost Tech Startups’ Growth
Germany has created a US$12 billion fund to speed up the growth of startups in the technology sector. The country sees such companies as...
Senate Passes Tech Innovation Bill To Compete With China
An expansive bill aimed at reinvigorating America's technological footprint to counter China passed the Senate on Tuesday and now heads to the House, where it faces...
Blackstone To Buy Singapore Property In $132M Deal
Blackstone Group is seeking to invest in more properties in Singapore to capitalize on rising demand for office space among technology firms expanding in...
Microsoft CEO Says Big Tech Antitrust Issues Can Be Solved With...
Microsoft President Brad Smith said that though Microsoft isn't a target for these new big tech antitrust cases, there are key lessons governments should...
