Page 6 - Big Tech

Big Tech in financial system poses concentration risk: Shaktikanta Das

'Unbridled mushrooming of digital lending apps is a material concern'

Twitter whistleblower Peiter Zatko taking security warnings to Congress

Peiter Mudge Zatko, the Twitter whistleblower who is warning of security flaws, privacy threats and lax controls at the social platform, will take his case to Congress on Tuesday. Senators who will hear Zatko's testimony before the Senate Judiciary Committee are alarmed by his Twitter allegations at a time of heightened concern over the safety of powerful tech platforms. It's Zatko's second Capitol Hill appearance, and in some ways a 21st-century echo of his first. In 1998, he testified before a Senate panel along with fellow members of a hacker collective who warned about the security dangers of the then-emerging internet age. Zatko, a respected cybersecurity expert, was Twitter's head of security until he was fired early this year. He has brought the stunning allegations to Congress and federal regulators, asserting that the influential social platform misled regulators about its cyber defences and efforts to control millions of spam or fake accounts. Sen. Dick Durbin, the Illi

Microsoft gives ONDC its 1st Big Tech push, to launch shopping app in India

Network may open to Bengaluru public later this month

Wall Street rises on tech, earnings boost as recession fears ease

US service sector unexpectedly picks up in July; PayPal rises after bumping annual profit outlook; Apple gains 3.5%, Microsoft adds 2.7%; Moderna jumps on $3 bn share buyback plan

Centre aims to make Big Tech pay for using content from news publishers

If implemented, the new law will force Big Tech companies to pay digital news publishers a share of the revenue earned via using their original content.

Big Tech games system many times: Chandrasekhar after Uber Files report

Chandrashekhar added that innovation would grow along with a citizen's right to open a trusted and accountable Internet under the Modi government.

Why is there a growing unease between the govt and Big Tech in India?

India is seeing yet another showdown between Twitter and regulators. The microblogging site has challenged the government's directives asking it to take down certain posts. Why is this growing unease?

India says Big Tech must obey law of the land as Twitter goes to court

The Indian government said that all Internet intermediaries and social media platforms have to comply with the law of the land, after Twitter moved Karnataka High Court

What is Web 5.0?

The internet has come a long way. The upcoming web 3.0 boasts of decentralisation as its bedrock. And now, former Twitter CEO Jack Dorsey has announced Web 5.0. Let us find out more about it

Will issue guidelines to make digital lending ecosystem safer: RBI Guv

Speaking on inflation, Guv Das said that had the monetary policy been tighter, the economic damage would have been enormous

Meta, Google and Twitter vow to fight fake news or risk penalties

The signatories agree to do more to tackle deep fakes, fake accounts and political advertising

No Bezos-Ambani face-off as Big Tech quits race for IPL broadcast rights

Amazon, Alphabet, Apple pull out of media rights auction

Google hit with UK probe into suspected competition breaches: Report

The Competition and Markets Authority will probe suspected breaches of competition law in Google's rules over in-app payments in its mobile store in the UK

G7 deal on minimum global corporate tax: Reason, likely impact explained

Agreement paves way for levies on multinationals in countries where they operate, instead of just where they are headquartered.

With midterms looming, Biden may lose support of Big Tech, minority voters

Facing crises like rising inflation to escalating Russian aggression, Biden risks seeing his falling poll numbers translate into the loss of the Democratic Party's tenuous control of Congress

US bill could see Google, FB spinning off ad biz, may have India impact too

The bill would effectively put an end a company's ability to act as a broker for a buyer or seller of ad space while simultaneously owning the exchange on which the ad space is traded

Google, Facebook face tough tech rules from UK's new digital watchdog

Digital watchdog will protect small businesses and consumers; can impose fines on tech firms

Technology companies face billions in fines under EU content rules

The landmark Digital Services Act is the EU's answer to what it sees as a failure by tech giants to combat illegal content on their platforms.

EU poised to unveil rules forcing Big Tech to protect users

EU officials were negotiating Friday over the final details of the legislation, dubbed the Digital Services Act

Apple workers at NYC store hope to be next in Big Tech unionisation

Organisers at Apple Grand Central are handing out signature cards so employees can express interest in forming a union