HUAWEI BEGINS TO FACE DIFFICULTIES DUE TO U.S. CHIP BAN Huawei released its business results today, for the first three quarters of the year reporting a 9.9% increase in revenue over the same period last year. However, it noted that its “global… Read More ›
In a blog post by SVP of Global Affairs Kent Walker, Google responded on Tuesday to the arguments found in the antitrust action brought against it by the U.S. Department of Justice the same day, asserting that consumers are not forced to… Read More ›
On Tuesday, the U.S. Department of Justice along with eleven states that include Florida, Texas and Arkansas filed a civil action against Google in the U.S. District Court for the District of Columbia alleging that the company unlawfully maintained “a monopoly in… Read More ›
Yesterday, the Partnership for New York City, the entity typically seen as the leading voice of the city’s business community released a health care plan entitled, “Towards a Resilient System of Health,” that seeks a coordinated and multi-sector approach that… Read More ›
On Wednesday New York State’s Department of Financial Services (DFS) released the results of its investigation into the July 15 hacking of the Twitter accounts of cryptocurrency firms and public figures such as Presidential candidate Joe Biden, using the opportunity to call… Read More ›
Noting the loss of 479,000 jobs in the city’s private sector and 253,000 jobs in the restaurant, retail, accomodations, building and personal services industries, today NYC Comptroller Scott Stringer announced a comprehensive Workforce Development Plan, which aims to “dramatically expand the scale,… Read More ›
Last fall at DEVIEW 2019, an artificial intelligence developers conference, South Korean President Moon Jae-in released his “Presidential Initiative for Artificial Intelligence,” declaring that his country would become ‘unrivalled’ in the use of AI. On Monday, South Korea’s Yonhap News… Read More ›
On Monday the OECD announced that its efforts to develop a consensus international framework when it comes to taxing the digital economy has been delayed. Noting in a statement that while digital transformation “spurs innovation, generates efficiencies, and improves service while boosting more inclusive… Read More ›
On Thursday IBM announced that it would separate the Managed Infrastructure Services unit of its Global Technology Services division into a new company, which it said would move it from being an entity with “more than half its revenues in services to… Read More ›
Noting that cryptocurrency is a “technology that could fundamentally transform how human beings interact and how we organize society,” yesterday U.S. Attorney General William Bar announced the publication of “Cryptocurrency: An Enforcement Framework,” calling it a ‘first-of-its kind’ effort. Drafted… Read More ›
