Alphabet Inc will donate more than $800 million in funds towards producing medical supplies used to fight COVID-19, and in ad credits to government and health organizations and businesses, Chief Executive Officer Sundar Pichai said on Friday. The company is working with Magid Glove and Safety to produce 2 million to 3 million face masks,… Read More Alphabet Inc to donate over $800million to aid fight against coronavirus
China’s Huawei Technologies unveiled its new flagship photography-focused P40 smartphones on Wednesday in an online presentation after the coronavirus scuppered the event it had planned. Richard Yu, chief executive of Huawei’s Consumer Business Group, showed three smartphones in an online broadcast: the P40, P40 Pro and P40 Pro+, which have triple, quad and penta-camera configurations… Read More Huawei launches P40 series smartphones online
Fox Corp said on Tuesday it would acquire video streaming firm Tubi for about $440 million in cash and will fund the deal with the net proceeds from the sale of its stake in Roku Inc. Tubi users spend over 160 million hours a month watching content on the free, ad-supported platform, the company said.… Read More Fox set to acquire streaming firm Tubi in $440million cash deal
U.S. President Donald Trump signed legislation on Thursday to bars the use of U.S. subsidies by carriers to purchase network equipment from Huawei Technologies and other companies deemed a national security threat. The law also requires the Federal Communications Commission (FCC) to establish a program to assist small providers with the costs of removing prohibited… Read More U.S. President Donald Trump signs law to bar rural carriers from buying Huawei network equipment
Social media app TikTok is launching a content moderation center in a bid to boost transparency, the Chinese company said on Wednesday, as it faces scrutiny from U.S. lawmakers who have accused it of sharing user data with the Chinese government. The ‘Transparency Center’ is to be opened at TikTok’s Los Angeles office where external… Read More TikTok launches moderation center to boost transparency following privacy concerns in U.S.
AT&T Inc’s advertising unit Xandr said Wednesday it is partnering with Walt Disney Co, AMC Networks and sister company WarnerMedia to make it easier for advertisers to buy TV commercials across the networks. Since forming Xandr in 2018, phone carrier AT&T has sought to allow advertisers to target certain audiences using AT&T data, which it… Read More AT&T’s Xandr partners with Disney to launch TV ad buying tool
France’s top court has recognized the right of an Uber driver to be considered an employee, a ruling that could upend the U.S. firm’s business model and potentially require it to pay more taxes and benefits such as paid holidays. The decision by the Cour de Cassation could also have ramifications for France’s wider “gig… Read More France top court rules in favour of Uber drivers ’employee’ status
Apple Inc has agreed to pay up to $500 million to settle litigation accusing it of quietly slowing down older iPhones as it launched new models, to induce owners to buy replacement phones or batteries. The preliminary proposed class-action settlement was disclosed on Friday night and requires approval by U.S. District Judge Edward Davila in… Read More Apple to pay $500million settlement in U.S. lawsuit over slow iPhones