Huawei launches smartphone overseas despite U.S. sanctions crippling its mobile phone business

Customers at a Huawei licensed experience store shop for devices on October 30, 2020 in Suzhou, China. Fred Lee | Getty Images News | Getty Images GUANGZHOU, China — Huawei launched its mid-range Nova 9 smartphone overseas for the first time on Thursday, starting in Europe. The Chinese smartphone giant’s business overseas has been crippled …

Crypto exchange FTX raises $420 million from 69 investors, in meme funding round

Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, on June 5, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Cryptocurrency exchange FTX says it has raised $420 million in a new round of funding, valuing the company at $25 billion. The Bahamas-based firm said Thursday it raised …

Silicon Valley entrepreneur Sam Altman wants to scan your eyes in exchange for free cryptocurrency

Worldcoin’s orb-shaped devices scan people’s eyes in exchange for cryptocurrency. Worldcoin It sounds like something out of a sci-fi movie — metallic orbs that scan people’s eyes to pay them in digital currency. That’s what tech investor Sam Altman has been working on for his new start-up, a company called Worldcoin. Launched out of “stealth” …

Facebook says it will pay French publishers for links to news content

Facebook said Thursday that it has struck a deal with a group of French publishers to pay for links to their news stories that are shared by people on the social network. The company says it inked the licensing agreement with the Alliance de la Presse d’Information Generale, which represents 300 …

Hope data protection law is in place in next few months: MoS IT

Minister of State for Electronics and IT Rajeev Chandrasekhar on Thursday said he hopes that the personal data protection law might be in place in the next few months and the Joint Parliamentary Committee may place the Bill during the upcoming session of the Parliament. He said the Supreme Court has …

Apple introduces new online engagement series for developers

Tech giant Apple has launched a new online developer engagement series – Tech Talks 2021 – that provides developers globally, including in India, an opportunity to connect with Apple experts. Tech Talks 2021 features more than 100 live sessions and 1,500 office hours running over the course of the next eight …

Facebook introduces AR experiences for group video calls on Messenger

Facebook on Thursday announced that Group Effects are now available on Messenger video calls and Messenger Rooms, and will soon come to Instagram. Group Effects are new AR experiences that can augment everyone on a video call at the same time, enabling a more fun and immersive way to connect with …

Blacklisted Chinese tech giant Huawei paid Tony Podesta $500,000 to lobby the White House

Tony Podesta Rebecca D’Angelo | The Washington Post | Getty Images Huawei, the Chinese tech giant that is on a U.S. trade blacklist, paid veteran Democratic lobbyist and donor Tony Podesta $500,000 to lobby the White House during the third quarter. The disclosure comes as the Biden administration is facing pressure to keep Huawei on …

Amazon warehouse workers on Staten Island to file for union election

Amazon workers at Amazon’s Staten Island warehouse strike in demand that the facility be shut down and cleaned after one staffer tested positive for the coronavirus on March 30, 2020 in New York. Angela Weiss | AFP | Getty Images Amazon warehouse workers on New York’s Staten Island plan to file for a union election, …

WeWork debuts on the public markets after SPAC merger, stock up in early trading

Shares of WeWork jumped as high as 8% in early trading on Thursday, as the company went public through a special purpose acquisition company more than two years after its failed IPO. The stock is currently up more than 5%. The office-leasing company scrapped plans for an IPO in 2019 after investors raised concerns over …