Author name: fakhar

Reddit plans to update web standards to prevent automated website scraping

Social media platform Reddit (RDDT.N) announced on Tuesday that it will update a web standard used on the site to block automated data scraping, following reports that AI startups were circumventing the rule to gather content for their systems. This decision comes amid growing accusations against AI firms for plagiarizing content from publishers to generate …

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Tencent’s ‘Dungeon & Fighter’ game leads China’s mobile download rankings

Tencent Holdings Ltd’s (0700.HK) newly launched game, “Dungeon & Fighter” (DnF Mobile), has made a powerful debut, dominating top-grossing charts on Apple’s (AAPL.O) iOS platform in China for nearly a month, according to industry data. Released in the world’s largest gaming market on May 21, the game surpassed $100 million in revenue within just 10 …

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Waymo’s self-driving ride-hailing service now accessible to everyone in San Francisco

Alphabet’s subsidiary Waymo announced on Tuesday that its autonomous ride-hailing service, Waymo One, is now available to everyone in San Francisco, nearly four years after launching a similar service in Phoenix, Arizona. Driverless vehicles are anticipated to drive commercial success for automakers, despite ongoing regulatory scrutiny and investor concerns about increasing investments in this emerging …

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Cryptocurrency World: Trump Leads Biden in Meme Coins

Donald Trump has surged ahead of Joe Biden in the realm of political meme coins.Cryptocurrency tokens linked to the former President have seen a significant rise in both trading volume and value in recent weeks, coinciding with the approaching November U.S. presidential election and the anticipation of their first public debate. Among the top 10 …

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Apple faces charges of violating EU tech regulations and is under investigation again.

EU antitrust regulators accused Apple (AAPL.O) on Monday of violating tech rules under the Digital Markets Act (DMA), marking the first charge of its kind. Apple also faces scrutiny over new fees imposed on app developers. The European Commission, responsible for antitrust and tech regulation in the EU, sent preliminary findings to Apple following a …

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Paramount Global plans to increase prices for its streaming subscriptions.

Paramount Global (PARA.O) announced it will increase subscription rates for its flagship streaming services, citing a need to restructure its operations and manage debt. Talks of a potential sale of Redstone’s controlling stake to Skydance Media have reportedly collapsed. Starting August 20, new users of the Paramount+ with Showtime plan will see a $1 monthly …

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A White House official views the Microsoft-G42 deal positively due to its role in severing ties with Huawei.

Microsoft’s (MSFT.O) $1.5 billion investment in artificial intelligence firm G42 is seen as a “positive development” by a White House official because it prompted the United Arab Emirates-based company to sever its ties with China’s Huawei. “In a region like the UAE, where G42 had close ties with Huawei, for instance, we are interested in …

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AT&T is calling on Big Tech companies to help fund telecom and broadband subsidies.

AT&T CEO John Stankey stated on Monday that Congress should empower the Federal Communications Commission to mandate contributions from Big Tech companies to a government fund that subsidizes telecom and broadband services. Currently, fees are imposed on cell phone and landline service subscribers to support the Universal Service Fund, which spends about $8 billion annually, …

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China responds to Western claims of overcapacity in EVs and lithium batteries

China’s Premier Li Qiang used his address at a World Economic Forum meeting in Dalian to respond to accusations from the U.S. and EU that Chinese companies benefit from unfair subsidies and are set to flood their markets with inexpensive green technologies. Li’s remarks come as China and the European Union prepare for technical talks …

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The US is investigating China Telecom and China Mobile due to concerns about internet and cloud security risks.

The Biden administration is investigating China Mobile, China Telecom, and China Unicom over concerns that these companies could misuse access to American data through their U.S. cloud and internet operations by providing it to Beijing, according to three sources familiar with the matter. The Commerce Department is leading the investigation, which has not been previously …

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