Technology

By Dan Strumpf The Wall Street Journal Wenxin Fan Mon., Nov. 19, 2018 HONG KONG— The U.S. and China are locked in a battle for technological supremacy. One Silicon Valley company is arming both sides. In the U.S., Santa Clara, Calif.-based Nvidia Corp., which makes advanced computer chips key to artificial intelligence, sells to Uber Technologies Inc. for self-driving cars and to Microsoft Corp. for cloud-computing services. Nvidia gets even more revenue from China. Chinese tech giants including Alibaba Group Holding Ltd. and Baidu Inc. use its products. So do companies developing facial-recognition and other domestic police and surveillance technologies, along with a university lab that worked with Chinese military researchers. With a new Cold War brewing between the U.S. and China, Nvidia’s bid to play both sides is beginning to look like a high-wire act. Other U.S. chip makers, including Intel Corp. and Qualcomm Inc., do big business in China, … [Read more...] about A Silicon Valley tech leader walks a high wire between the U.S. and China

By Brian Fung The Washington Post Mon., Nov. 19, 2018 Apple chief executive Tim Cook argued in an interview with Axios that aired on HBO Sunday that the tech industry’s approach to privacy reflects a failure of the free market, and that government regulation is “inevitable” in the face of missteps by platforms such as Google and Facebook. Cook said that he was no fan of regulation, and that he prefers markets to operate unimpeded. But Silicon Valley needs to get with the program, he said. “We have to admit when the free market is not working,” Cook said, “and it hasn’t worked here. I think it’s inevitable that there will be some level of regulation. I think Congress and the administration at some point will pass something.” The interview marks the latest attempt by Cook to distance his company from other tech giants as they increasingly come under scrutiny for their role in spreading misinformation and hate speech … [Read more...] about Apple CEO Tim Cook: ‘We have to admit when the free market is not working’

By Brittany De Lea Published November 19, 2018 Technology FOXBusiness Facebook Twitter Comments Print video Google, Facebook, Amazon in Trump's anti-trust crosshairs? 'The Next Revolution with Steve Hilton' host Steve Hilton on concerns tech companies such as Google, Facebook and Amazon have stifled competition. A proposal being considered by the European Union, dubbed a “link tax,” has search giant Google reevaluating some of its operations in the region. Continue Reading Below Richard Gingras, Google’s vice president of news, told The Guardian over the weekend that the search giant may shut its Google News operations in Europe because of the proposed tax. “We can’t make a decision until we see the final language,” he added. What is a Link Tax? A link tax would charge internet companies, like Google, for posting links to press articles. The charges would take the form of licensing fees imposed via … [Read more...] about Google could shutter news operations in EU over ‘link tax’: What to know

By Stuart Varney Published November 19, 2018 Opinion FOXBusiness Facebook Twitter Comments Print video Social networks have a profound impact on how we feel about ourselves: Varney FBN's Stuart Varney on a new study on the causal link between the time spent on social media and depression. Social networks have a profound effect on how we feel about ourselves. It’s not all good. In fact, it can make you feel real bad. Continue Reading Below Scroll through your Facebook page, and you see all your friends and relatives putting out positive stuff about their lives. Great family. Wonderful boyfriend. Fabulous girlfriend. New house. Nice car. Promotion at work. Look at me, look at me – Facebook or Instagram or Snapchat pump out a picture of your friends and family that glows! But is that how your life's going? Do you measure up? Do you feel bad because everyone else is apparently doing just fine? Yes. A study of students at the … [Read more...] about We need to exercise some self-discipline on social media: Varney