Tag: tech

Uber was fined $59 million over sexual assault data. Now it may pay just $150,000

The California Public Utilities Commission previously fined Uber (UBER) $59 million in December 2020 and threatened to suspend its license to operate in the state after the company did not comply with a request for sexual assault data. But that fine has now been slashed to just $150,000, according to a proposed agreement filed Thursday. […]

Which billionaire is winning the space race? It depends

The space companies founded by the three billionaires all have slightly different goals and varying visions of how to achieve them. But never has the Branson-Musk-Bezos dynamic appeared more competitive than when Branson announced earlier this month that he would fire himself into outer space on a suborbital joy ride just days before Bezos will […]

Virgin Galactic founder Richard Branson successfully rockets to outer space

Branson -— along with Virgin Galactic employees Beth Moses, Colin Bennett, and Sirisha Bandla and pilots Dave Mackay and Michael Masucci — boarded the SpaceShipTwo, a winged plane with a single rocket motor that the company has spent nearly two decades developing, before the crack of dawn. Attached beneath its massive, twin-fuselaged mothership, dubbed WhiteKnightTwo, […]

Virgin Galactic founder Richard Branson successfully rockets to outer space

Branson -— along with Virgin Galactic employees Beth Moses, Colin Bennett, and Sirisha Bandla and pilots Dave Mackay and Michael Masucci — boarded the SpaceShipTwo, a winged plane with a single rocket motor that the company has spent nearly two decades developing, before the crack of dawn. Attached beneath its massive, twin-fuselaged mothership, dubbed WhiteKnightTwo, […]

After cracking down on Didi, China probes other US-listed tech giants

The companies under investigation recently went public in the US stock market, even though geopolitical tensions between the two countries remain high and Chinese authorities have been cracking down on technology companies. On Monday, China’s cybersecurity watchdog announced probes into truck-hailing platforms Yunmanman and Huochebang, as well as job listing site Boss Zhipin. New users […]

Airline and bank websites go down in another major internet failure

Virgin Australia said in a statement on Thursday that it had resolved an IT outage caused by a failure at Akamai Technologies (AKAM), a global content delivery network. “Virgin Australia was one of many organizations to experience an outage with the Akamai content delivery system today and we are working with them to ensure that […]

Analysis: Can China still lead the world in tech without a new Jack Ma?

A couple of China’s most successful entrepreneurs have quit high-level positions amid the turmoil. Zhang Yiming, the founder of TikTok owner ByteDance, recently announced he would step down as CEO at just 38 years old to take a less prominent role in the company. And Colin Huang, 41, said in March that he would resign […]

Facebook says Trump now suspended until at least January 2023

Facebook (FB) said it will then assess the circumstances to see if he should be allowed back on. The move guarantees Trump won’t be able to post from his Facebook account, which had tens of millions of followers, prior to the 2022 midterm elections. But Facebook’s announcement does leave open the possibility his suspension could […]

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