World News

latest and trending technology news of the world.

Texas’ lawsuit on Google’s ad dominance can mostly proceed, judge rules

Alphabet Inc’s Google must face all but one antitrust allegation about its online advertising business brought in a lawsuit by attorneys general for Texas and 16 other states or territories, a federal judge ruled. Google won its motion to dismiss an allegation that a cooperation agreement it struck with Meta Platforms’ Facebook in 2018 was …

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AU researchers to study impact of microgreens on adolescents

Researchers in the Allahabad University (AU) will conduct a study to identify ways in which microgreens — vegetables that are just a few inches tall like cauliflower, broccoli, cabbage, watercress, radish, etc., — can help improve the health of adolescent girls living in Uttar Pradesh villages. A research project “Microgreens value addition for advancement towards …

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US Senate panel delays vote on bill allowing news outlets to negotiate jointly with Big Tech

The US Senate Judiciary Committee scrapped a planned vote aimed at allowing news organisations to win more revenue from Alphabet’s Google and Meta‘s Facebook. “Today we held over the bill in the Judiciary Committee in part because a colleague was out and we needed his vote on one amendment,” said bill sponsor Senator Amy Klobuchar. …

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T-Mobile to offload wireline business to Cogent, expects $1 billion pre-tax charge

T-Mobile US, Inc. said that it had agreed to sell its wireline business to Cogent Communications Holdings, Inc. in a deal that would also see Cogent provide some services to the carrier for a fee. T-Mobile said it expected to record a pre-tax charge of about $1 billion in the third quarter of 2022 to …

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instagram: Instagram to scale back this feature: Here’s why

Meta Platforms Inc‘s Instagram is planning to drastically scale back its shopping features as it shifts the focus of its e-commerce efforts to those that directly drive advertising, the Information reported, citing an internal memo. Staff were notified that Instagram’s existing shopping page will eventually disappear, according to the report. Over the next few months …

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Binance to convert users’ USDC into its own stablecoin

Binance, the world’s largest crypto exchange, said it is introducing “BUSD Auto-Conversion,” which will be used to convert any existing user balances and new deposits of USD Coin (USDC), Pax Dollar (USDP) and True USD (TUSD) into its own stablecoin. The move is intended to enhance liquidity and capital efficiency for users, the company said …

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Taiwan’s ProLogium seeks European site for $8bln battery plant

Taiwanese battery maker ProLogium Technology Co has shortlisted four European countries – France, Germany, Poland and the United Kingdom – for an $8 billion solid-state lithium battery plant, consulting firm Accuracy. ProLogium has appointed Accuracy to find a location for the plant, which should have a capacity of 120 gigawatt hours (GWh) to supply electric …

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This crypto exchange platform has accidentally refunded over $7 million to customer

Due to an unfortunate typo, cryptocurrency exchange Crypto.com mistakenly issued a customer A$10.5 million ($7.2 million) rather than the expected A$100 ($68), media reports say. Seven months later, when the exchange finally discovered the error, but till then some of the money had already gone, The Verge reported citing the Australian news outlet 7News as …

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