Wednesday, 18th May 2022
<To guardian.ng
Search

Tech giants face crackdown in Australia

By Bloomberg
27 July 2019   |   6:00 am
Tech giants are in the firing line in Australia as the Morrison government is now calling for a new regulatory framework. The nation’s competition watchdog has already raised concerns about the power of companies, including Google and Facebook.

Related

18 Oct 2021
Facebook has announced that it will expand in the European Union to build a new computing platform. It comes as the tech giant contends with concerns over its practices.
24 Oct 2021
A robotic dog stole the limelight at the Milipol defence and security trade fair near Paris on Tuesday. The 22nd edition of Milipol Paris takes place from Oct. 19 to 22 and plays host to dozens of countries, including Israel, United States and Switzerland. The robotic dog costs "under $1 million", according to Ghost Robotics special projects head Tom Jacobs. He adds that the technology that has advanced in the past few years has enabled the robot dog to keep its balance in difficult terrain
24 Oct 2021
DW spoke with Maria Ressa about journalism, facts and democracy. The Philippines-based journalist warned that tech companies are grabbing power and money while abdicating responsibility.
21 Oct 2021
Experts question whether Google's planned $1 billion investment in Africa stands to benefit the continent in the long term. Instead, some see it as another avenue for big tech companies to acquire budding start-ups.
25 Oct 2021
An investigation suggests that Facebook has selectively chosen what hate speech it wants to shut down in India. Whistleblower Frances Haugen's disclosures come as she is set to appear before British lawmakers.
26 Oct 2021
Facebook reported an annual 17 per cent jump in third-quarter net profit, driven by an increase in daily active users and strong advertising sales despite the platform facing multiple controversies that have led to calls for tighter regulation.
27 Oct 2021
Benefitting from soaring demand for online ads, Google's parent company Alphabet reported nearly $19 billion in profits between July and September, up 68 percent from the same period last year. Microsoft's earnings also beat expectations, while French consumers are gearing up for some price hikes at the bakery.
27 Oct 2021
European Competition Commissioner Margrethe Vestager told DW in an interview that legal action against the tech giant could be endless, but regulation now could limit its damage.
28 Oct 2021
Facebook began this week by announcing more than $9 billion in quarterly profits, an increase of about 17 percent. The social media giant also announced that it now has close to three billion users. But all is not well on the Facebook front as Mark Zuckerberg’s platform has been facing a deluge of scathing reports.
29 Oct 2021
Facebook has changed its name to "Meta" in a shift away from social media and towards developing "the metaverse," a digital world that could be the next generation of the internet. Here's what they have planned.
2 Nov 2021
Frances Haugen said her former boss, Mark Zuckerberg, should step down and allow change instead of devoting resources to build the so-called "metaverse."
13 Nov 2021
Frances Haugen called on lawmakers in Brussels to seize the opportunity to create a "global gold standard" as they draft oversight regulation for tech giants.