Google recently made the decision to begin removing links to California news websites from search results for certain Californians as a result of the California Journalism Preservation Act. The act would require online advertising companies to pay a fee for connecting state residents to news sources. Jaffer Zaidi, Google’s vice president of global news partnership,
Enterprise
The tech industry is facing increasing regulatory challenges, as seen in Amazon CEO Andy Jassy’s recent comments regarding the failed acquisition of iRobot. Jassy expressed disappointment at regulators’ actions, which led to the collapse of the deal worth $1.7 billion. Despite the potential competitive boost for iRobot, regulators raised antitrust concerns, ultimately blocking the acquisition.
Alibaba, under the leadership of Jack Ma, has undergone significant reorganization and change over the past year. This reorganization was fueled by a historic overhaul and sweeping management changes aimed at returning the Chinese technology giant to growth. Despite facing external and internal doubt and pressures, Ma witnessed the birth of a strong and courageous
General Motors’ Cruise self-driving vehicle unit has announced the redeployment of cars on U.S. roadways after a hiatus since October. The relaunch will commence with a small fleet of human-driven vehicles in Phoenix, as opposed to the previous operation as robotaxis. This strategic shift aims to “create maps and gather road information in select cities,
Tesla recently settled a wrongful death lawsuit brought by the family of Walter Huang, an Apple engineer and father of two. The lawsuit stemmed from Huang’s tragic death in 2018 when his Model X SUV, with Autopilot features activated, crashed into a highway barrier near Mountain View, California. The National Transportation Safety Board (NTSB) investigated
The CEO of blockchain startup Ripple, Brad Garlinghouse, has made a bold prediction regarding the future of the cryptocurrency market. He believes that the combined market capitalization of all cryptocurrencies will exceed $5 trillion by the end of this year. This forecast is based on a variety of macro factors, including the recent approval of
When it comes to the automotive industry, the concept of depreciation is not new. However, the rapid decline in value associated with electric vehicles is taking this phenomenon to a whole new level. This trend is posing a significant challenge to the wider adoption of electric vehicles and has raised concerns among industry experts and
In a major move that signals a significant shift in the global semiconductor industry, SK Hynix has announced its plans to invest $3.87 billion in its first chip packaging facility in the U.S. This decision comes as part of SK Hynix’s efforts to strengthen supply chain resilience and develop a local semiconductor ecosystem in the
Uber Eats is taking a giant leap into the future by partnering with Waymo to bring autonomous deliveries to the Phoenix metropolitan area. This new service, set to launch this week, is a significant milestone in the collaboration between Uber and Waymo, marking a new era of innovation in the food delivery industry. This partnership
In a recent report published by Tesla for the first quarter of 2024, it was revealed that the total deliveries of vehicles fell by 8.5% compared to the same period last year, and by about 20% from the fourth quarter. This decline is significant and has raised concerns among investors and analysts about the future