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Tag: Giants

Social media giants grilled on hate content

Social media giants grilled on hate content

Technology
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Tech giants unite against company accused of WhatsApp hack

Tech giants unite against company accused of WhatsApp hack

Technology
Some of the biggest technology companies in the world, including Google and Microsoft, have joined Facebook's legal battle against the private spyware company NSO Group.It follows Facebook launching a legal challenge against the Israeli firm after confirming that an initially unnamed hacking group had developed a tool which could take control of victims' phones by calling them over WhatsApp. The companies now join Facebook's lawsuit, accusing NSO Group of developing "powerful and dangerous" tools that have enabled authoritarian governments to spy on more than 1,400 people around the world, as reported by Reuters. Image: Saudi journalist Jamal Khashoggi was reportedly targeted using NSO tools At the time, WhatsApp said that it had dete...
UK to launch new watchdog next year to police tech giants

UK to launch new watchdog next year to police tech giants

Technology
Britain plans to create a new watchdog to police big tech companies including Google and Facebook to counter their market dominance and prevent them from exploiting consumers and small businessesBy By KELVIN CHAN AP Business WriterNovember 27, 2020, 10:35 AM• 3 min readShare to FacebookShare to TwitterEmail this articleLONDON -- Britain plans to create a new watchdog to police big tech companies including Google and Facebook to counter their market dominance and prevent them from exploiting consumers and small businesses.The U.K. government said Friday that it's setting up a “Digital Markets Unit" next year to enforce a new code of conduct governing the behavior of tech giants that dominate the online advertising market.The Digital Markets Unit, scheduled to launch in April, will oversee a
Sunak plots listings reform to aid City’s quest to lure tech giants

Sunak plots listings reform to aid City’s quest to lure tech giants

Business
Rishi Sunak, the chancellor, is plotting an overhaul of the UK's public company listings regime in a bid to lure more technology "unicorns" to London.Sky News has learnt that Mr Sunak is preparing to announce a review aimed at helping the City compete more robustly with New York's vast capital markets in a post-Brexit era. City sources said that Lord Hill, Britain's former commissioner to the EU and a non-executive director of the Treasury, was this weekend being lined up to lead the review. Image: Lord Hill, the UK's former commissioner to the EU, is being lined up to lead the review One banker suggested that the chancellor could announce the plan as soon as next week, with the Financial Services Bill scheduled to have its second rea...

Ride-hailing, delivery giants win fight against labor law

Technology
OAKLAND, Calif. -- App-based companies like Uber, Lyft and Doordash have dodged a potentially devastating blow to their industry by carving out an exemption from a California law that required them to classify their drivers as employees instead of contractors.California voters passed Proposition 22 and delivered a stinging rebuke to state lawmakers and labor leaders who were fighting for better working conditions for a growing number of people who drive for ride-hailing and food delivery services.California has one of the strictest laws in the country for determining when a company must treat its workers as employees with benefits such as minimum wage, overtime and sick days. Uber, Lyft, Doordash, Instacart and others sought to get out of those requirements, and after failing in co...