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Tech News
Didi shares tank as merchants react to China’s crackdown
The shares of ride-hailing giant Didi Chuxing plunged up to 25% in pre-market trading on Tuesday, less than a week after the Chinese app was listed on the New York Stock Exchange.The company's share price fell to $ 12.06 in early trading on…
American Web Giants Hit Again at Hong Kong Doxxing Regulation
An industry group representing America's largest internet companies warned the Hong Kong government that changes to the city's privacy laws could affect companies' ability to provide services in the city.The June 25 letter questioning…
Amazon new CEO Andy Jassy takes over for Jeff Bezos
Jeff Bezos announces Blue Moon, a lunar lander for the moon, during a Blue Origin event in Washington, DC, May 9, 2019.Saul Loeb | AFP | Getty ImagesAnn Hiatt recalls that Jeff Bezos didn't sit down for long.As executive assistant to the…
The Tech Chilly Struggle’s ‘Most Sophisticated Machine’ That’s Out of China’s Attain
SAN FRANCISCO - President Biden and many Washington lawmakers are currently concerned about computer chips and China's ambitions with basic technology.But a huge machine that was sold by a Dutch company has turned out to be an important…
Why many Uber and Lyft drivers aren’t coming again
A ride share driver picks up passengers at O'Hare Airport on April 10, 2019 in Chicago, Illinois.Scott Olson / Getty ImagesAfter a dramatic decline in traveling this past year, people are moving again. Yet, despite offering cash incentives,…
China Orders Didi Off App Shops in Escalating Crackdown
China’s government ordered the country’s leading ride-hailing platform, Didi, removed from app stores for “serious” problems related to the collection and use of customer data, the latest blow by Beijing to the company, which went public on…
How California’s PG&E is preventing its huge wildfire drawback
California's largest utility company, Pacific Gas & Electric, has a massive forest fire problem. Five of the ten most devastating fires in California since 2015 have been linked to PG&E devices, including the 2018 Camp Fire that…
Pandemic Wave of Automation Might Be Unhealthy Information for Staff
"You can bring in a less skilled worker and make them a lot easier to adapt to our system," said Ryan Hillis, a vice president for Meltwich. "It certainly extends the scope of who can stand behind this grill."With more advanced kitchen…
Bitcoin mining problem drops after hashrate collapse in China
Bitcoin mine on the edge of the Tibetan Plateau near Sichuan, China. The mine is strategically located next to a hydraulic power generator.Getty ImagesIt just got a lot easier and more profitable to mine for Bitcoin.The world has known for…
Kaseya, a Software program Supplier, Investigates Potential Cyberattack
Kaseya, a software company that provides services to more than 40,000 organizations around the world, said Friday that it is investigating the possibility of being a victim of a cyber attack.The company has requested customers using its VSA…