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The pandemic is playing to the strengths of the biggest digital players, as seen in their earnings results for the quarter ending in March.
Long before Covid-19 changed everything, progressives in Washington had begun pushing for a new era of antitrust enforcement in which the government would take on the power amassed by the captains of today's technology industry – companies like Facebook, Google and Amazon.
Uber Technologies Inc is in talks to buy food delivery rival Grubhub Inc just as cities are cracking down on delivery fees.
Uber Technologies Inc’s offer to buy Grubhub Inc antagonised officials in Washington and major US cities, who were already taking steps to limit the fees companies charge restaurants and regulate their treatment of workers. If a deal between the two companies proceeds, analysts said it’s likely to face antitrust scrutiny.
Facebook said May 15 it had acquired the animated graphics startup Giphy and would integrate the company in its Instagram visual social network.
Amazon on June 10 banned police use of its face-recognition technology for a year, making it the latest tech giant to step back from law-enforcement use of systems that have faced criticism for incorrectly identifying people with darker skin.
A House lawmaker in the United States is pressing Amazon.com Inc’s Chief Executive Officer Jeff Bezos to reveal more details about the company’s plans to pause selling facial-recognition software to law enforcement.
Amazon.com Inc last week announced a one-year pause in use by police forces of its artificial intelligence software for recognising faces. The next day, Microsoft Corp said it doesn’t currently sell its similar product to US police departments and won’t do so until the US federal government passes a law regulating its use.
India banned TikTok and 58 other Chinese apps, citing threats to its sovereignty and security as relations between the world’s two largest populations worsened.