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Tencent adds $200 billion this year, now bigger than Facebook
Technology
Tencent adds $200 billion this year, now bigger than Facebook

China’s gaming and social media giant Tencent is now more valuable than Facebook, Tencent’s market capitalization has surpassed Facebook’s following a huge rally in the Chinese firm’s shares this year. The total value of publicly traded shares of the Chinese gaming and social media giant that owns WeChat stood at $664.50 billion at around 3:07 p.m. Singapore time. Meanwhile, Facebook’s market cap totaled $656.15 billion as of Tuesday’s close

facebook technology wechat tencent

Wed Jul 29 - CNBC
Apple’s iPhone 11 now being assembled in Chennai
Technology
Apple’s iPhone 11 now being assembled in Chennai

According to the latest reports, Apple’s new iPhone 11 is now “Made in India” at its contract manufacturer Foxconn’s plant near Chennai. There were a lot of speculations in recent days about the production of iPhone as the US cutting economic ties with China, but it seems like India grabbed the opportunity with both hands to facilitate Apple in production

apple india 11 iphone chennai

Tue Jul 28 - ThePrint
Technology
India bans 47 more Chinese apps
Mon Jul 27
India bans 47 more Chinese apps
Technology
India bans 47 more Chinese apps

The Government of India banned 47 more Chinese apps in the country. In June, the Government banned 59 Chinese apps that included the hugely popular TikTok. Now, 47 more apps have been banned, for operating as clones of the previously banned apps, the list of particular apps banned in the fresh decision is yet to be announced

india china apps ban

Mon Jul 27 - NDTV
Google extends its work-from-home order to summer 2021
Technology
Google extends its work-from-home order to summer 2021

Google CEO Sundar Pichai sent an email to all the company employees mentioning that they can now work from home until June 2021 due to the coronavirus situation. “To give employees the ability to plan ahead, we are extending our global voluntary work from home option through June 30, 2021, for roles that don’t need to be in the office,” Sundar Pichai said in an email to employees

google home sundar pichai

Mon Jul 27 - CNBC
Apple starts iPhone 11 manufacturing in India
Technology
Apple starts iPhone 11 manufacturing in India

According to a report posted on Techcrunch, Apple manufacturer Foxconn has started building iPhone 11 units in a facility near Chennai in India, TechCrunch reported, the first time Apple has made one of its top-tier phones in that country. Apple has manufactured lower-priced iPhone models in India since 2017, and reportedly has been considering moving production of its more premium models there for some time

apple india chennai foxconn iphone11

Sun Jul 26 - TheVerge
Technology
Facebook takes on Zoom
Sat Jul 25
Facebook takes on Zoom with live video broadcasting for large meetings
Technology
Facebook takes on Zoom

The new feature allows users to stream video calls made in Messenger Rooms on Facebook Live. Facebook users who create a Messenger Room will be able to stream a live broadcast of the call from their profile, a Facebook Page or a Facebook Group, allowing large audiences to watch in real time.

facebook million large

Sat Jul 25 - Foxbusiness
Garmin hit with massive outage in suspected ransomware attack
Technology
Garmin hit with massive outage in suspected ransomware attack

Garmin, the GPS and wearable device company, says a widespread blackout has left its fitness devices, website and call centers offline for more than 24 hours in what may be a ransomware attack. "We are currently experiencing an outage that affects Garmin.com and Garmin Connect," the company announced on Twitter and the Garmin Connect website .

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Sat Jul 25 - Cnn
Twitter plans subscription model after a massive revenue slump
Technology
Twitter plans subscription model after a massive revenue slump

After reporting Q2 earnings that showed a marked dip in ad revenue, Twitter has said its exploring alternatives, dangling the possibility of a subscription option. The social media giant reported ad revenues of $562M, down almost a quarter (23%) on a year ago as the pandemic and “civil unrest” had both contributed to the decline. Twitter CEO Jack Dorsey told investors it’ll likely run subscription “tests” this year

twitter revenue covid19 jack dorsey

Fri Jul 24 - Techcrunch
Elon Musk-backed AI text generator takes center stage
Technology
Elon Musk-backed AI text generator takes center stage

Everyone on social media is talking about a new piece of software called GPT-3, which has been developed by OpenAI, an Elon Musk-backed artificial intelligence lab in San Francisco. GPT-3 (Generative Pre-training) is a language-generation tool capable of producing human-like text on demand. The software learned how to produce text by analyzing vast quantities on the internet and observing which letters and words tend to follow one another

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Thu Jul 23 - CNBC
Facebook’s new page design removes like button
Technology
Facebook’s new page design removes like button

Facebook is testing a new design for Facebook Pages that will, among other things, remove the “Like” count, offer a cleaner and more readable layout, and make it easier for those who operate Pages to actually use and manage them. Currently, the public figures involved in the test include actors, authors, creators and a small handful of media entities, like bands and books

facebook like button pages

Thu Jul 23 - Techcrunch
Irish contact-tracing app COVID Tracker in demand
Technology
Irish contact-tracing app COVID Tracker in demand

Ireland launched its contact-tracing app, COVID Tracker on July 7 and the app got nearly 1.3 million downloads in the first week of its launch. The app has been so successful that officials from other countries, including the US, want to use it. On July 20, NearForm (Company behind the app) and Ireland's health authority donated the code to an open-source project called the Linux Foundation Public Health Initiative

ireland tracker covid tracing contact

Wed Jul 22 - BusinessInsider
Mark Zuckerberg says there’s no deal with Donald Trump
Technology
Mark Zuckerberg says there’s no deal with Donald Trump

Rumors of Facebook CEO Mark Zuckerberg cutting a secret deal with President Donald Trump, and turning a blind eye to his lies and incendiary posts in the hope that the social media giant won’t become the president’s next target has been around for a while now. Zuckerberg himself has denied it, and said “I’ve heard this speculation, too, so let me be clear: There’s no deal of any kind,”

zuckerberg facebook trump mark

Tue Jul 21 - TheVerge
Samsung plans to unveil five new devices
Technology
Samsung plans to unveil five new devices

August 5 is Samsung’s turn to enter the uncanny valley of live virtual product launches. As the company prepares to take the stage in its native South Korea to launch the Galaxy Note S20. The company’s new smartphone chief TM Roh said that the company is going big with the launch of five new power devices on August 5.

galaxy note smasung

Mon Jul 20 - Techcrunch
Apple wins an appeal to overturn Ireland’s 13 billion euros tax
Technology
Apple wins an appeal to overturn Ireland’s 13 billion euros tax

Apple has been told it will not have to pay Ireland €13bn in back taxes after winning an appeal at the European Union's second-highest court. It follows a record ruling by the European Commission against the US tech giant in 2016. The EU's General Court said it had annulled that decision because the Commission had not proven Apple had broken competition rules

apple court ireland taxes ruling

Wed Jul 15 - BBC
UK bans Huawei, ask companies to remove existing Huawei equipment
Technology
UK bans Huawei, asked companies to remove existing Huawei equipment

In an official announcement on Tuesday, The United Kingdom has banned Huawei from its 5G telecom network, reversing a January decision to allow the embattled Chinese tech company a limited role in building the country's super-fast wireless infrastructure. Operators such as BT and Vodafone have been given until 2027 to remove existing Huawei equipment from their 5G networks

uk ban 5g huawei

Tue Jul 14 - CNN
Amazon is launching smart grocery carts
Technology
Amazon is launching smart grocery carts

Amazon is launching shopping carts that track items as shoppers add them, then automatically charges them when they remove the grocery bags, allowing them to skip the checkout line. The Dash Carts will roll out at Amazon’s new Los Angeles-area grocery store, which is slated to open in 2020, the company announced Tuesday. Dash Carts are embedded with cameras, sensors and a smart display that automatically track a shopper’s order

amazon smart stores carts

Tue Jul 14 - CNBC
Google plans to invest $10 billion in India to help accelerate digital adoption
Technology
Google plans to invest $10 billion in India to help accelerate digital adoption

Google CEO Sundar Pichai said on Monday that it plans to invest $10 billion in India in the next five to seven years as the company looks to help accelerate the adoption of digital services. “We’ll do this through a mix of equity investments, partnerships, and operational, infrastructure, and ecosystem investments. This is a reflection of our confidence in the future of India and its digital economy,” Pichai said

google sundar pichai digitalindia

Mon Jul 13 - Techcrunch
White House advisor calls TikTok’s CEO an “American Puppet”
Technology
White House advisor calls TikTok’s CEO an “American Puppet”

Donald Trump’s trade advisor Peter Navarro dubbed TikTok’s new CEO Kevin Mayer, an “American puppet” for working at the Chinese-owned social media app, in an interview with Fox Business. Navarro also used the interview to double down on accusations that Chinese apps are gathering data on Americans and handing that over to Beijing. He also said to expect “strong action” from President Donald Trump on TikTok and other Chinese apps

tiktok peter kevin mayer

Mon Jul 13 - CNBC
Technology
The Global ‘App War’
Sat Jul 11
The Global ‘App War’
Technology
The Global ‘App War’

Nations and companies around the world are being forced to pick a side between the US-China technology war. The latest casualty is TikTok, a popular video app with more than a billion users. The app is owned by a Chinese company Bytedance. TikTok was blocked in India after a heated border clash with China. Then, on Monday, US authorities said they would look at banning the app

india china us app war

Sat Jul 11 - CNN
California launched an antitrust investigation against Google
Technology
California launched an antitrust investigation against Google

According to a report published by Politico, California has become the 49th state to launch an antitrust investigation into Google. California and Alabama were the only states that did not participate in an antitrust investigation by 48 states, Puerto Rico and the District of Columbia, that began in September and is focused on Google’s dominance in online advertising and search

google california antitrust

Fri Jul 10 - Techcrunch
TikTok’s transparency report shows company removed 49 million videos
Technology
TikTok’s transparency report shows company removed 49 million videos

According to TikTok’s latest transparency report published on Thursday, TikTok removed over 49 million videos for content violations in just six months as the company received 500 requests from different Governments. India, where the app was banned last week, had 16.5 million videos removed, which is roughly four times more than any other country. The U.S. had the second most videos removed with 4.6 million. Pakistan ranked third (3.7 million)

tiktok violation content videos

Thu Jul 09 - CNBC
Chingari crosses 10 million downloads in India, says ‘No’ to Chinese funding
Technology
Chingari crosses 10 million downloads in India, says ‘No’ to Chinese funding

India recently banned 59 Chinese apps including social networking app TikTok with more than 200 million users but the ban helped local start-ups to flourish. Chingari is a Tik-Tok alternative, the short-form video-sharing app crossed 10 million downloads on the Android Play Store in under a month. While talking about Chinese money, Co-Founder Sumit Ghosh said “ “No Chinese money, no Chinese companies’ money, Not now, not ever,”

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Thu Jul 09 - CNBC
Microsoft and Zoom joins Google, Facebook, and Twitter in Hong Kong data pause
Technology
Microsoft and Zoom joins Google, Facebook, and Twitter in Hong Kong data pause

Microsoft and Zoom have said they will not process data requests made by the Hong Kong authorities while they take stock of new security law. They follow Facebook, Google, Twitter, and the chat app Telegram, which had already announced similar "pauses" in compliance over the past two days. China passed the law on 30 June, criminalizing acts that support independence. Apple says it is "assessing" the rules

facebook data hongkong zoom msft

Wed Jul 08 - BBC
Technology
US considering TikTok ban
Tue Jul 07
US considering TikTok ban
Technology
US considering TikTok ban

The U.S. is “looking at” banning TikTok and other Chinese social media apps, Secretary of State Mike Pompeo told Fox News on Monday. His comments come amid rising tensions between the U.S. and China and as scrutiny on TikTok and Chinese technology firms continue to grow. When asked in a Fox News interview, Pompeo said: “We are taking this very seriously. We are certainly looking at it.”

us tiktok ban

Tue Jul 07 - CNBC
Google’s Fitbit acquisition under scrutiny from the EU regulator
Technology
Google’s Fitbit acquisition under scrutiny from the EU regulator

EU antitrust regulators are increasing their scrutiny of Google’s planned acquisition of fitness tracker firm Fitbit. Google announced it was buying Fitbit last year for $2.1 billion and said it hoped to complete the deal sometime in 2020. But the acquisition may be delayed over fears about the search giant’s increased access to sensitive data from Fitbit’s hardware, including users’ heart rates, their fitness activity, and their sleep patterns

google fitbit eu

Mon Jul 06 - TheVerge