Tag Archives: Says

Labour would end free market in higher education, says Rayner

Angela Rayner will tell the University and College Union conference that universities ‘are there for all of us’. Photograph: Gareth Fuller/PA A Labour government would end the “failed free-market experiment in higher education”, taking a tougher line on vice-chancellors’ pay and improving academic diversity, the shadow education secretary is set to announce. Angela Rayner will outline a series of major policy steps that ... Read More »

‘Distorted’ private tech market valuations to see correction in next six to nine months, says Alibaba’s Joe Tsai

“Entrepreneurs [in China] had it too easy raising gigantic billion-dollar rounds of capital and multibillions in valuation,” said Tsai, in a dialogue session at a Thomson Reuters Breakingviews Predictions 2019 event on Friday. “[A correction] will happen and it’s healthy.” Tsai’s remarks have come as technology stock prices around the world took a hammering in a sell-off that started in ... Read More »

Facebook Users Seeking Cambridge Analytica Information Must Wait, US Judge Says

Facebook users who say their personal data was misused, potentially to distort the last US election, must wait to see if they can wring more information from Cambridge Analytica, the disappearing company that played a key role in the drama. The political consulting firm is winding down in both Britain, its home country, and in a New York Chapter 7 bankruptcy case. ... Read More »

WhatsApp Business App Has Over 3 Million Users, Says Facebook

WhatsApp Business is only available for Android at the moment WhatsApp Business has an active user base of over 3 million people, Mark Zuckerberg has said. The WhatsApp Business user base was revealed in Facebook’s Q1 2018 earnings call, Venture Beat reportedlate on Wednesday It is a standalone app separate from the other version of WhatsApp used by 1.5 billion people, was launched in January for Android users in six countries – ... Read More »

Elon Musk Says AI May Become an Immortal Dictator if Not Regulated

If not regulated or controlled soon, artificial intelligence (AI) could become an “immortal dictator” and there will be no escape for humans, Tesla and SpaceX CEO Elon Musk has warned. In a new documentary on AI, Musk said: “At least when there’s an evil dictator, that human is going to die. But for an AI there would be no death. It would live forever, and then ... Read More »

WhatsApp Says It Collects Very Little Data as Facebook Privacy Scandal Rages On

HIGHLIGHTS WhatsApp says all messages are end-to-end encrypted Experts say information about calls is likely being mined by WhatsApp Group chats also put users at risk, according to privacy experts WhatsApp has attempted to address privacy concerns surrounding its service as parent company Facebook’s Cambridge Analytica scandal continues. The world’s most popular instant messaging service, WhatsApp says it collects very little data and that ... Read More »

Twitter Says Account Removal Requests Jump From India

Between July and December 2017, the Indian government made 315 Twitter account information requests, up from 261 made during the January-June period, and asked the micro-blogging website to remove 144 accounts, up from 102 from the previous period. According to Twitter’s 12th bi-annual Transparency Report that was released late Thursday, the company withheld content in three percent of the account removal requests from the ... Read More »

Facebook ‘Didn’t Do a Good Enough Job’ Protecting Data, Says COO Sheryl Sandberg

Facebook chief operating officer Sheryl Sandberg said the social media company failed to protect users’ information during an interview with PBS NewsHour’s Judy Woodruff on Thursday (April 5). “We know that we did not do a good enough job protecting people’s data. I’m really sorry for that,” Sandberg said. The company’s shares have sunk 16 percent, wiping more than $80 billion from its market value ... Read More »

Samsung Says to Start Building New China Memory Chip Line This Month

Samsung Electronics plans to begin building a new memory chip production line in China in late March, a spokesman said on Thursday, as the tech giant ramps up efforts to boost NAND flash technology to meet future demand. The tech giant said in August last year that it expected to invest $7 billion (roughly Rs. 45,000 crores) over the next three years to ... Read More »

Snapchat Redesign Defended by CEO, Says ‘Celebrities Are Not Your Friends’

HIGHLIGHTS The statement was made at Goldman Sachs Internet & Technology conference The redesign has taken flak from millions of users till now Spiegel claims the decision will take sometime to get adapted to Snapchat has dug itself in even deeper into controversy after CEO Evan Spiegel announced that the infamous redesign of the social media app would not be rolled back, and ... Read More »