Business

PayPal earnings soar on e-commerce boom

PayPal on Wednesday reported record quarterly profit as the online financial transactions service benefited from an e-commerce trend boosted by the pandemic.

Business

Big Tech critic gets nod for key US regulatory post

US President Joe Biden on Monday named a prominent advocate of breaking up Big Tech firms to a key regulatory post, in a move suggesting an aggressive posture on antitrust enforcement.

Machine learning & AI

Spain to invest 600 mn euros in artificial intelligence

Spain is to invest 600 million euros (725 million dollars) in developing artificial intelligence over the next two years as part of plans to transform its national economy, the premier said Wednesday.

Internet

Social media exploitation erodes trust

Social media platforms in Australia are vulnerable to exploitation by foreign actors for commercial, political, and strategic reasons, according to new analysis.

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