Leaders from the European Union jointly expressed trepidation this week about Europe’s increasing economic dependence on China. The foreign policy service of the EU said in a prepared statement that China’s communist leadership should be considered a competitor promoting “an alternative vision of the world order.” The hardening stance of European leaders against China comes…
EU Leaders Harden Position on China, Move to Break Technology Dependency
October 21, 2022
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CCPChinaChina Business & EconomyEUEuropeFinance & Business TiesGlobal ExpansionInfiltrating the WestInternational RelationsSpecial TopicsTechTech CompetitiontechnologyThreat from Communist ChinaUS-China relationsWorld
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India Fines Google $162 Million for Abusing Its Android Market Dominance
India’s competition watchdog on Oct. 20 fined Google 13.38 billion Indian rupees ($162 million) for “abusing its dominant position” in multiple markets related to the Android mobile device ecosystem. The Competition Commission of India (CCI) said that Google abused its dominance in licensing the Android mobile operating system and various proprietary mobile applications, such as…
Tesla Cars Will Not Be Approved as Fully Self Driving This Year, Musk Says
Tesla Inc.’s advanced driver assistant software will not gain regulatory approval in 2022, Chief Executive Elon Musk said, signaling that the company is not yet able to satisfy authorities that its cars can be driven without someone behind the wheel. The Silicon Valley automaker sells a $15,000 software add-on called “Full Self-Driving” (FSD) which enables…
Tech Giants Facebook, Google, Apple Could End Up Collaborating on Creating Metaverse: Expert
October 20, 2022
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Business & MarketsCompaniesFacebookMark ZuckerbergMedia & Big TechmetaverseSocial MediaTechTech NewsUSUS News
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Tech giants like Google, Facebook (now Meta), and Apple could end up collaborating on creating a Metaverse rather than going it alone, according to Rob Nicholls, associate professor of governance at the University of New South Wales. His comments come amid reports Mark Zuckerberg’s Metaverse is struggling to attract large numbers to its virtual reality…
Musk Says Excited by Twitter Deal Despite Overpaying
OAKLAND, Calif.—Elon Musk on Wednesday said he was excited about his pending acquisition of Twitter Inc., although he and other investors were overpaying for the social media company. Musk, the chief executive of Tesla, was answering a question during a call after the electric vehicle maker’s quarterly report. The world’s richest person is pursuing the…
Social Media Platforms Suppress British Cardiologist Critical of COVID-19 Vaccines
October 20, 2022
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Aseem MalhotraCCP Viruscensorship by big techCOVID-19 vaccine injurymyocarditis riskSocial MediaTechTech NewsUKvaccine researchVaccines & SafetyWorld
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Dr. Aseem Malhotra, a British cardiologist who is critical about the use of COVID-19 vaccines, said he is being censored by social networks. Malhotra once used to promote COVID-19 vaccination on TV. However, he became highly skeptical of the vaccines after his healthy father died from cardiac issues six months after getting a jab. Last…
Musk Confirms Tesla’s Plans to Build Lithium Refinery in Texas
October 20, 2022
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Business & MarketsCompanieseconomyenergyInvestmentlithium refineryLocal NewsMedia & Big TechRegional NewsRegional-Local NewsTechTech NewsteslaTexasUSUS News
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Tesla CEO Elon Musk has confirmed that the company is pressing ahead with plans to build a lithium refinery in Texas to boost domestic production of the key commodity used in electric vehicle batteries. Musk made the remarks during a Tesla earnings call on Oct. 19, during which he called battery-grade lithium “crazy expensive” and…
Cyber Security Warning After Medibank Hack
Following a hacking incident at Medibank, Cyber Security Minister Clare O’Neil says Australian companies must do more to protect customer data. The health insurer revealed on Wednesday it had received messages from the alleged hackers claiming they had removed customer data less than a week after it was hit by a cyber attack. An investigation…
CEO of Kakao, South Korea’s Most Popular Messaging App, Resigns After Service Outage
A top executive of Kakao Corp., a popular South Korean messaging app, stepped down Wednesday following a widespread service outage on the ubiquitious platform that millions of South Koreans use regularly for wiring money, chatting with friends, hailing taxis, and logging onto other major websites. “As a CEO of Kakao, I feel miserable and strongly…
Half of Americans Believe Social Media Companies Are Biased in Applying Rules on Censorship, Fact-Checking: Poll
October 19, 2022
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Big Tech, Censorship, and SocialismBusiness & MarketscencorshipCompaniesfact checkingFeatured TopicsMedia & Big TechSocial MediaTechTwitterUSUS News
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Half of Americans think social media companies are biased when it comes to fact-checking and censoring posts, new research shows. Polling by YouGov conducted from Oct. 12–14 among 1,000 U.S. adult citizens asked respondents, “Do you think social media companies are fair in applying the rules for fact-checking and censorship or do you think they…
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