Month: January 2021

Jan.20 — ASML Holding NV Chief Executive Officer Peter Wennink says the chip industry needs to deal with the global semiconductor supply shortage. He spoke on “Bloomberg Markets: European Open” after the firm, a crucial supplier to Samsung Electronics Co. and Taiwan Semiconductor Manufacturing Co, reported first-quarter results which beat analyst expectations.
Facebook’s quasi-independent oversight board issued its first rulings on Thursday, overturning four out of five decisions by the social network to take down questionable content. But critics called the announcement largely irrelevant given the flood of misinformation, extremism, and racism that remains on Facebook despite the company’s efforts over the past years. “The whole thing
How open banking is driving huge innovation Learn how fintechs and forward-thinking FIs are accelerating personalized financial products through data-rich APIs. Register Now Startups providing the tools to build software that will run on quantum computers are enjoying interest from investors. Classiq, which provides a modeling tool for building algorithms for quantum computers, revealed this week
The United Nations chief called Thursday for global rules to regulate powerful social media companies like Twitter and Facebook. Secretary-General António Guterres said he believes it shouldn’t be a company that has the power to decide whether, for example, then president Donald Trump’s Twitter account should be closed, as a questioner asked. Rather, he said,
How open banking is driving huge innovation Learn how fintechs and forward-thinking FIs are accelerating personalized financial products through data-rich APIs. Register Now To provide clarity and avert potential harms, algorithms that impact human lives would ideally be reviewed by an independent body before they’re deployed, just as environmental impact reports must be approved before
The return of Manoj Bajpayee’s (missing) agent in Amazon’s The Family Man is the highlight of February’s local streaming picks, alongside Parineeti Chopra in Netflix’s The Girl on the Train, and the Telugu-language anthology film Pitta Kathalu also on Netflix. Lastly, we’ve 1962: The War in the Hills, a Hotstar Specials series based on the
Social media chatrooms are beginning to resemble the squawk boxes on old-fashioned trading floors, as a new generation of retail traders continues to gain influence over the stock market. While attention has focused on the Wallstreetbets Reddit page that helped send shares of GameStop and AMC Entertainment Holdings soaring, thousands of “amateur” investors have also
A pedestrian wearing a protective mask crosses California Street in San Francisco, California, U.S., on Tuesday, Dec. 29, 2020. David Paul Morris | Bloomberg | Getty Images In late October, when San Francisco moved into California’s least-restrictive Covid-19 “yellow tier” — indicating minimal spread of the coronavirus — Lauren Crabbe was hopeful. Crabbe, the owner
Amazon’s bid to stall Future Group’s $3.4 billion (roughly Rs. 24,788 crores) retail assets sale is similar to Alexander the Great’s “ruthless ambition to scorch the earth”, the Indian group’s CEO Kishore Biyani said in an internal staff memo seen by Reuters. Amazon, locked in protracted legal disputes with Future, alleges the Indian firm violated
With so much of the world transitioning to working, shopping, studying, and streaming online during the coronavirus pandemic, cybercriminals now have access to a larger base of potential victims than ever before. “Zoombomb” became the new photobomb—hackers would gain access to a private meeting or online class hosted on Zoom and shout profanities and racial