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U.S. banks deploy AI to monitor customers, workers amid tech backlash

FILE PHOTO: Cameras are seen on the exterior of a Chase Bank branch in New York City U.S., April 7, 2021. REUTERS/Brendan McDermid/File Photo April 19, 2021 By Paresh Dave and Jeffrey Dastin (Reuters) – Several U.S. banks have started deploying camera software that can analyze customer preferences, monitor workers and spot people sleeping near […]

Sen. Josh Hawley Introduces Antitrust Bill to ‘Bust Up’ Big Tech Like Google and Amazon

Sen. Josh Hawley (R-Mo.) introduced an antitrust bill that would ban Amazon and Google from running an online marketplace and selling goods on that marketplace at the same time. “Big Tech companies like Google and Amazon have been coddled by Washington politicians for years. This treatment has allowed them to amass colossal amounts of power […]

Wall Street Week Ahead: Tech retakes market lead as investors eye yields, earnings

FILE PHOTO: A Wall St. street sign is seen near the New York Stock Exchange (NYSE) in New York City, U.S., September 17, 2019. REUTERS/Brendan McDermid/File Photo/File Photo April 16, 2021 By Lewis Krauskopf NEW YORK (Reuters) – U.S. technology and growth stocks have taken the market’s reins in recent weeks, pausing a rotation into […]

U.S. House committee approves blueprint for Big Tech crackdown

FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo/File Photo April 15, 2021 By Diane Bartz WASHINGTON (Reuters) – The U.S. House of Representatives Judiciary Committee has formally approved a report accusing Big Tech companies of buying or crushing smaller firms, Representative David Cicilline’s office said in a statement Thursday. […]

Intelligence Report Warns of Potentially Catastrophic Shocks From Threats Like Tech Disruption, Disease

A new intelligence report on the key trends and uncertainties in the future strategic environment for the United States warns of a series of “global challenges” that will strain societies and deliver shocks that could be catastrophic, including technological disruption, financial crises, and disease. The report from the U.S. National Intelligence Council (pdf), published once every […]

Analysis: Chinese tech start-ups pull IPO plans as Beijing tightens scrutiny

FILE PHOTO: A sign for STAR Market, China’s new Nasdaq-style tech board, is seen after the listing ceremony of the first batch of companies at Shanghai Stock Exchange (SSE) in Shanghai, China July 22, 2019. REUTERS/Stringer April 12, 2021 By Samuel Shen and Scott Murdoch SHANGHAI/HONG KONG (Reuters) – A growing number of Chinese tech […]

Analysis: Investors keep faith in U.S. value stocks as tech roars back

A trader exits the New York Stock Exchange (NYSE) after the trading day in New York, U.S., March 1, 2021. REUTERS/Brendan McDermid April 9, 2021 By Lewis Krauskopf NEW YORK (Reuters) – A rebound in growth and technology stocks has investors gauging whether a months-long rally in the shares of banks, energy companies and other […]

S&P 500 scales new record high on tech boost

FILE PHOTO: People are seen on Wall St. outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid/File Photo April 8, 2021 By Shivani Kumaresan and Medha Singh (Reuters) -The S&P 500 hit a record peak on Thursday, helped by gains in tech-related stocks as weaker-than-expected jobless claims […]

Five Big Tech Companies to Be Investigated for Censorship of Conservative Content: Indiana AG

Indiana Attorney General Todd Rokita said on Wednesday that he will be scrutinizing five big tech companies that might have potentially caused harm to Indiana consumers through “abusive, deceptive and/or unfair” practices. The five companies to be scrutinized by Rokita are Amazon, Apple, Facebook, Google, and Twitter. Rep. Todd Rokita (R-Ind.) announces the 2018 budget […]