Big Tech

China's major tech companies have shed more than $1 trillion in value -equivalent to the entire Dutch economy - since the government's regulatory crackdown on the sector began more than two years ago, according to Refinitiv data.Investors…

Amazon has launched a legal challenge against its inclusion in a group of companies subject to tough European Union online content rules, in a move that technology experts have said may prompt other tech giants to follow suit.Amazon's…

Amazon's $1.7 billion (nearly Rs. 14,100 crore) acquisition of robot vacuum cleaner maker iRobot may reduce competition and strengthen Amazon's position as online marketplace provider, EU antitrust regulators warned on Thursday.The European…

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EU countries and EU lawmakers on Tuesday agreed on rules that govern how Big Tech and other companies use European consumer and corporate data, with safeguards against non-EU governments gaining illegal access.The European Commission…

The draft of the much-anticipated Digital India Bill to govern emerging technologies such as artificial intelligence (AI) and quantum computing is likely to be opened for public consultation within the next fortnight, senior officials told…

Tech giants could face billions of dollars in fines for failing to tackle disinformation under proposed Australian laws, which a watchdog on Monday said would bring "mandatory" standards to the little-regulated sector.Under the proposed…

Meta Platforms said on Thursday subsidies from Big Tech should be the last option for European Union telecoms operators trying to get US companies to foot some of their network cost.Deutsche Telekom, Orange, Telefonica and other operators…

Two US senators introduced legislation on Wednesday that would allow social media companies to be sued for spreading harmful material created with artificial intelligence.The law would open the door for lawsuits to proceed against social…

Reported By: Debashis SarkarLast Updated: June 12, 2023, 17:58 ISTLondon, United Kingdom (UK)Investing in newer technologies including AI, quantum, synthetic biology, and semiconductors is one of his priorities to grow the UK's economy.…