List of All Articles with Tag 'tec'

Investors were given plenty of opportunities to fret about the outlook for technology giants this earnings season. Instead,

UK Chancellor Jeremy Hunt is likely to take an ax to the welfare bill to find savings for

Canadian financial group Fairfax Financial Holdings Ltd. offered to buy out minority shareholders of agriculture technology firm Farmers

BEIJING China will allow road trials of some intelligent connected vehicles (ICVs) in designated city areas, the industry

TikTok is “proactively and aggressively” removing posts seemingly glorifying Osama bin Laden, it has said. A series of videos that shared a letter from bin Laden justifying the 9/11 attacks were published across the platform, and TikTok said it was “investigating” how it had happened. But it also said that reports about the spread of the posts had been exaggerated, and that the number of videos was actually small. The controversy began in recent days after a host of videos were highlighted by journalist Yashar Ali, in a tweet. He said there were “thousands of TikToks (at least)” that shared the letter from bin Laden. “The TikToks are from people of all ages, races, ethnicities, and backgrounds. Many of them say that reading the letter has opened their eyes, and they’ll never see geopolitical matters the same way again,” he said. “Many of them — and I have watched a lot — say it has made them reevaluate their perspective on how what is often labeled as terrorism can be a legitimate form of resistance to a hostile power.” The tweet led to criticism of TikTok as well as its users, including from the White House. “There is never a justification for spreading the repugnant, evil and antisemitic lies that the leader of Al Qaeda issued just after committing the worst terrorist attack in American history,” a spokesperson said. TikTok said however that the spread of the posts had been relatively limited and that it was not true that the videos were trending. “Content promoting this letter clearly violates our rules on supporting any form of terrorism,” the company wrote on its TikTok account. “We are proactively and aggressively removing this content and investigating how it got onto our platform. “The number of videos on TikTok is small and reports of it trending on our platform are inaccurate. This is not unique to TikTok and has appeared across multiple platforms and the media.” TikTok does not provide readily accessible information about the spread of posts on its platform. Some of the videos had tens of thousands of likes and views. Many of the TikToks pointed to a copy of the letter that had been posted on The Guardian’s website. As it began to spread, the newspaper removed the page, replacing it with a note that it was lacking “the full context” and instead directed readers to a news article about the original letter. Read More TikTok launches feature to save songs to music apps like Spotify Elon Musk weighs in on the scooped bagel debate ICO seeks permission to appeal against Clearview AI tribunal ruling

Amazon has announced plans to start selling cars on its website, marking a major new product category for the online retail giant that made its start selling books. The e-commerce firm said on Thursday that it will launch vehicle sales in the US in the second half of 2024, allowing local car dealers to sell directly to customers on its site. In a joint announcement with South Korean car manufacturer Hyundai, the two companies said Amazon will begin by offering Hyundai vehicles. In turn, Hyundai will name Amazon’s cloud computing unit AWS as its preferred cloud provider and integrate its next-generation vehicles with Alexa, Amazon’s popular voice assistant. The idea, according to Amazon, is to have customers purchase a new car online and pick it up – or have it delivered – from their local dealer. Amazon did not say how many dealers would be participating in the program or if customers across the US would be able to make purchases. An Amazon spokesperson said the company would release more details as it builds the program, which is expected to begin with Hyundai franchised dealers and launch during the later part of next year. Currently, Amazon sells vehicle equipment online and offers a showroom for consumers who want to research different types of cars they may want to buy. But consumers can not directly purchase a vehicle on its platform. The announcement shows Amazon’s ambitions to grow its footprint through dealers in an industry that has strong lobbying forces and heavy state regulations. Nearly all states require manufacturers to sell their vehicles through dealerships to ensure the automakers don’t undercut their own network of franchised dealers. Despite its vision, Amazon might face challenges convincing consumers who might not feel comfortable making such a large purchase on its platform. In a statement, an Amazon spokesperson said customers are increasingly purchasing vehicles online and the company will provide a “range of solutions that add transparency” to the car buying process to help them make an informed decision. The latest move comes as Amazon faces another class action lawsuit over refunds on returned products, with plaintiffs accusing the retailer of failing to issue refunds for returned products. The lawsuit was filed in federal court in Amazon’s hometown of Seattle this week. Additional reporting from agencies. Read More ‘We are broken’: Armenia looks to technology to rebuild Ring to preview security features with abuse charity to boost safety SpaceX is launching the world’s biggest rocket – follow live Battery breakthrough brings ‘unprecedented performance’ to next-gen cells

TOKYO Japan's Panasonic Holdings said on Friday it plans to sell a stake in its automotive systems business

SHANGHAI (Reuters) -Li Auto said on Friday it will start mass production and delivery of its first fully electric car

HONG KONG Hong Kong-listed shares of China's Alibaba Group plunged 10% on Friday, wiping about $20 billion off

India’s lenders and shadow banks tumbled after the central bank announced stricter rules to stem the relentless rise

The European Union could reap €628 billion ($681 billion) a year by bringing digitally lagging businesses up to

Alibaba Group Holding Ltd.’s market value has slumped to only about half that of rival Tencent Holdings Ltd.