Facial recognition IBM

IBM ends all facial recognition business as CEO calls out bias and inequality

IBM CEO, Arvind Krishna, has announced that the company will end all its facial recognition business following criticism over privacy concerns and racial bias. Even with the advances that have been made in recent years, the technology still demonstrates bias. This has been attributed to, in part, private companies with little regulation or federal oversight […]

Automotive Autonomous vehicles

Survey: 3 out of 4 Americans say driverless cars ‘not ready for primetime’

A survey of 1,200 adults, taken between February 27 and March 5, from across the United States and conducted by the Partners for Automated Vehicle Education (PAVE) has found that “nearly three in four Americans say autonomous vehicles are not ready for primetime.” In addition, 48% say they would never get in a self-driving taxi […]

Facebook

Facebook bets big on India with $5.7 billion Reliance deal

Facebook is set to spend $5.7 billion to buy a 9.99% stake in Reliance Industries’ digital arm, as it capitalizes on WhatsApp’s extensive reach in the country. The deal is Facebook’s biggest since its $22 billion buyout of WhatsApp in 2014 giving the firm a stake in Jio Platforms – the digital services entity that […]

M&A Mobile Telecom

Liberty Global and Telefonica Announce Merger Of Their U.K. Operations To Create the Leading Fixed-Mobile Provider in the Country

Virgin Media, U.K.’s fastest broadband network, and O2, the country’s largest mobile platform, have announced a 50-50 joint venture to create a stronger fixed and mobile competitor in the U.K. market.  The merger will support the expansion of Virgin Media’s giga-ready network and O2’s 5G mobile deployment with an investment of £10 billion in the U.K over the next […]