Another spat between India’s government and U.S. big tech has exacerbated disillusion among firms which have spent billions to build hubs in their largest growth market, to the extent some are rethinking expansion plans, people close to the matter said. The government on Saturday said Twitter Inc had not indicated compliance with new rules aimed … Read more
Finance ministers from wealthy G7 nations on Saturday pledged to commit to a global minimum corporate tax of at least 15 percent, rallying behind a US-backed plan. “We… commit to a global minimum tax of at least 15 percent on a country by country basis,” said a statement at the conclusion of their London meeting. … Read more
It was signed by Google, Facebook, Twitter, Microsoft and in June 2020 by TikTok, as well as players in the advertising sector. The EU on Wednesday tasked tech giants such as Facebook, YouTube and TikTok to do more against disinformation and provide much better access to their algorithms as well as beef up fact-checking. The … Read more
The observations highlight the growing problem of lack of online privacy as companies share their users’ data with third party firms without their knowledge. (Subscribe to our Today’s Cache newsletter for a quick snapshot of top 5 tech stories. Click here to subscribe for free.) A cybersecurity firm studied applications on Apple’s app store to … Read more
There are a lot of concerns about the behaviour of big tech companies including American firms and India would like to protect its policy space and express its concern regarding these entities not willing to adhere to the law of the land, commerce and industry minister Piyush Goyal said on Wednesday. He said India is … Read more
Messaging giant WhatsApp has updated its privacy policy and terms of service to better integrate with other products and services offered by its parent company Facebook. The most prominent changes deal with how WhatsApp shares information with Facebook and its subsidiaries. The instant messaging app can now share phone numbers and transaction data with Facebook. … Read more
Bharti Global and UK government on Friday said their joint venture OneWeb — a Low Earth Orbit (LEO) satellite communications operator — launched 36 satellites from the Vostochny cosmodrome in Russia. This takes the total in-orbit constellation to 110 satellites, part of OneWeb’s 648 LEO satellite fleet that will deliver high-speed, low-latency global connectivity, a … Read more
Mark Zuckerberg has a net worth of $107 billion, but one of the lowest salaries at Facebook. Not including security and plane costs, the company he founded only pays him $1 a year in base salary. Meanwhile, many of Facebook’s other employees — from software engineers to product managers, copywriters, and lawyers — can expect … Read more
WhatsApp Business, the communication platform’s business version, will launch two new ways for users to connect with businesses- QR Codes and Catalog sharing. WhatsApp Business, which has seen a phenomenal rise in customers the past few months, now has more than 15 million users every month, compared to 1 million last year. Globally, more than … Read more