August 2, 2022 The Algorithmic Accountability Act requires all companies that use AI to conduct critical impact assessments of the automated systems they use and sell under the terms of the Federal Trade Commission (FTC). In particular, the more...
August 2, 2022 The quarterly results from Apple and Amazon have helped bolster investor confidence, despite the uncertainties looming from the economic downturn. Together, Apple and Amazon have increased their market value by about US$175 billion. Amazon's shares more...
August 2, 2022 The U.S. Federal Communications Commission (FCC) announced that it has now opened bids for its latest auction of mid-band spectrum auction. The auction is aimed at boosting the country's next generation of 5G wireless services, more...
August 2, 2022 The U.S. Commerce Department has announced plans to limit the size of government subsidies for semiconductor production. The Commerce Department said that the award to chip companies will be "no larger than is necessary to more...
August 2, 2022 At a company-wide meeting on Thursday, Meta chief executive Mark Zuckerberg admitted he was optimistic about the company's growth after the huge profits it made during the pandemic era. As a result, the company took more...
August 2, 2022 In the fight for net neutrality, Democrats have introduced the Net Neutrality and Broadband Justice Act, which will reclassify broadband internet service as a basic service. It will also authorize the Federal Communications Commission (FCC) more...
August 2, 2022 Top tech Chief Executive Officers (CEOs) are banking on smart glasses to replace smartphones in the near future. Meta CEO Mark Zuckerberg is among the key proponents, believing that smart glasses will replace smartphones by more...
August 2, 2022 81% of tech employers still require a college degree, though 79% said they would be fine with only enough work experience. 47% of tech employers admitted that skills training credentials are most important when considering more...
August 2, 2022 The United States House of Representatives on Thursday passed legislation that will allow the country to invest heavily in local semiconductor production and scientific research. The final vote was 243-187, with 24 Republicans and 218 more...
July 29, 2022 Meta's VR division suffered an operating loss of US$2.8 billion in the second quarter. Reality Labs, as it is widely known, is fundamental to Meta's metaverse ambitions, even though it remains very expensive to operate. more...
