Meta risks fines over 'pay for privacy' model breaking EU rules
The EU accused Facebook owner Meta on Monday of breaching the bloc's digital rules, paving the way for potential fines worth billions of euros.
Jul 1, 2024
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Internet
News tagged with innovative companies
Business
EU accuses Apple of breaking bloc's digital rules
Apple risks billions of euros in fines after the European Union on Monday accused the iPhone maker of violating the bloc's landmark digital rules by hindering competition on its App Store.
Jun 24, 2024
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Business
European tech must keep pace with US, China: Meta's Clegg
Europe is lagging behind both the United States and China when it comes to technology and innovation, top executive with US firm Meta Nick Clegg has told AFP.
Jun 24, 2024
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Business
Fantasy sports company PrizePicks says it will hire 1,000 in Atlanta as it leases new headquarters
PrizePicks will expand its operations in Atlanta, hiring an additional 1,000 employees over seven years, the fantasy sports company announced Thursday.
Apr 4, 2024
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Business
When sticking with old technology can be a strategic move
Technological innovation—especially disruptive innovation—is often heralded as the best strategy for a company. But new research published in Strategic Management Journal found that as competitors adopt new technology ...
Nov 16, 2023
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Machine learning & AI
Major firms warn EU over AI regulation risks
More than 150 leading companies warned the EU's plans to regulate artificial intelligence risk harming Europe's competitiveness and do not go far enough to tackle challenges, in a letter seen by AFP Friday.
Jun 30, 2023
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Business
China's Huawei says sales down but new ventures growing
Chinese tech giant Huawei said Friday its revenue fell in the first half of 2022 but new ventures in autos and other industries helped to offset a decline in smartphone sales under U.S. sanctions.
Aug 12, 2022
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Energy & Green Tech
World's first organic photovoltaic cell made from recycled polypropylene
The partners of the EU project FlexFunction2Sustain have committed themselves to create a network for innovative solutions for sustainable and smart products powered by nano-functionalized paper and plastic in order to support ...
Jul 21, 2022
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Business
Raytheon to establish global headquarters in Virginia
Aerospace and defense company Raytheon Technologies will establish a global headquarters in Arlington, Virginia, the company announced Tuesday.
Jun 7, 2022
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Business
China's Alibaba promises $15.5B for development initiatives
E-commerce giant Alibaba Group said Friday it will spend $15.5 billion to support President Xi Jinping's campaign to spread China's prosperity more evenly, adding to pledges by tech companies that are under pressure to pay ...
Sep 3, 2021
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