The Business & Technology Network
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Feed Items

Amazon is planning to offer internet service to areas with poor coverage globally by the end of the year, a move that could bring in billions of dollars in new revenue just from the consumer market alone, according to analysts. [contact-form-7] Amazon’s Project Kuiper launched low Earth orbit (LEO) satellites into space for the first time in April and June, with the goal of serving...
Banks that hold crypto assets on behalf of their customers should consider potential risks, maintain control of cryptographic keys and related sensitive information, and identify the vulnerabilities associated with each type of crypto asset, three federal bank regulatory agencies said Monday (July 14). [contact-form-7] The Office of the Comptroller of the Currency (OCC), Board of...
Scammers are using fake news websites that mimic trusted media brands to spread and promote investment fraud, according to digital risk protection platform CTM360. [contact-form-7] The company identified more than 17,000 of these “baiting news sites” (BNS) across 50 countries, it said in a July 7 report. These sites are promoted through fake news articles posted through ad platforms...
TikTok parent ByteDance is reportedly developing a mixed reality device resembling goggles. [contact-form-7] That’s according to a report Monday (July 14) from The Information, citing three sources with direct knowledge of the Chinese company’s efforts. As the report notes, this shows ByteDance following the efforts of Meta, which is working on a similar device scheduled to come out in...
Every company’s marketing department has thousands of photos that teams must sort through to find matches for advertising campaigns. Doing so manually would typically take days or even weeks. [contact-form-7] Philips, a Dutch health technology company, faced the same issue. So it built a solution using Google Cloud’s Vertex AI platform to narrow down 200,000 images into the best 8,000...
Apple is reportedly facing pressure to make a major acquisition amid its AI troubles. [contact-form-7] As Bloomberg News reported Monday (July 14), investors are concerned by a slump in share prices that has wiped out more than $630 billion in Apple’s market value this year and frustrated with the company’s delays in introducing artificial intelligence (AI) features. To that end, these...
BLCK said Monday (July 14) that it is set to launch its live shopping channel built for streaming TV by the fourth quarter, in time for Cyber Week, Black Friday and Christmas shopping. [contact-form-7] The channel will air shoppable product shows and interactive deals on streaming TV outlets like Roku, Fire TV, Apple TV and Google TV, the company said in a Monday press release. BLCK...
Point-of-sale system Clover launched a new integration with small business management platform Homebase. [contact-form-7] The integration embeds Homebase’s scheduling, time tracking and employee management capabilities into the Clover Web Dashboard, giving merchants a single platform to manage daily operations, according to a Monday (July 14) press release. “Small business owners know...
Meta CEO Mark Zuckerberg said Monday (July 14) that the company will invest “hundreds of billions of dollars” into AI infrastructure for its superintelligence effort. [contact-form-7] Writing in a thread on Meta’s social media platform Threads, Zuckerberg noted that Meta has also been investing in talent for its superintelligence team. “We have the capital from our business to do this...
Is Google preparing to merge its Chrome operating system and Android into one? [contact-form-7] In a conversation with TechRadar published Friday (July 11), Sameer Samat, president of the Android Ecosystem at Google, asked reporter Lance Ulanoff why he was using a MacBook Pro, Apple Watch and iPhone to understand about the apps he uses to manage these devices. “I asked because we’re...