TOP SEVEN TECH COMPANIES ADDED VALUE WORTH $3.4 TRILLION IN 2020

Highlights

• Tesla founder Elon Musk made it to the list of top three richest people on the planet by adding over $120 billion in net worth

• Apple, Microsoft, Alphabet, Amazon, Facebook, Tesla and Nvidia added a total $3.4 trillion together in market cap in the year...

U.S. SECRETARY POMPEO ACCUSES RUSSIA OF BACKING A MASSIVE CYBERATTACK ON U.S.

Highlights

• Pompeo said “There was a significant effort to use a piece of third-party software to essentially embed code inside of US government systems

• Tech giant Microsoft on Thursday evening said it had notified over 40 customers hit by the malware

U.S. GOVERNMENT, 48 STATES FILE LAWSUIT AGAINST FACEBOOK

Highlights

• This is the second major antitrust lawsuit filed by the U.S. government this year as the US Justice Department in October had dragged Google to the court over similar charges

• The Federal Trade Commission and New York Attorney General Letitia James said...

GOOGLE & U.S. FAIL TO REACH CONSENSUS OVER PROTECTIVE ORDER FOR FIRMS TIED TO LAWSUIT

Highlights

• The U.S. government has sued Google last month accusing them of illegally using its market muscle to hobble rivals in the biggest challenge to power and influence of Big tech over the period of last 10 years

• Google said in a court filing, that it is pu...

SONY’S PLAYSTATION 5 PRE-ORDERS OVERWHELM SUPPLY; GAME CONSOLE GOES ON SALE

Highlights –

• Sony’s PlayStation 5 pre-orders overwhelm supply; game console goes on sale.
• New PlayStation 5 is said to be 100 times faster than PS4.
• The PS5 device comes in two versions.
• The PS5 device with an ultra H...

SK TELECOM TO LAUNCH T FACTORY TO SHOWCASE CLOUD GAMING SERVICE AMIDST APPLE AND MICROSOFT PRODUCTS

• SK Telecom Co., South Korea's largest wireless carrier, said Tuesday it will open a new flagship store by teaming up with Apple Inc. and Microsoft Corp.
• The new store, christened T Factory, in the fashionable neighbourhood of Hongik University in western Seoul, will open on...

TECH GIANTS’ RELENTLESS WORK ON AI MIMICKING HUMAN LANGUAGE PROGRESSIVELY

• While artificial intelligence is slowly reducing the chasm between digital technology and everyday life, AI that speaks and coherently understands human language flawlessly is still a work in progress for tech firms.
• Google’s Duplex technology, for instance, has been givi...

UNITED KINGDOM: MICROSOFT HELD AN ONLINE SURVEY TO IDENTIFY TECHNOLOGY CHALLENGES FROM HYBRID LEARNING

Highlights:

• An online survey was held by Microsoft in the United Kingdom on the teachers to identify the technology challenges in the educational sector with Hybrid learning
• According to the survey, 88 percent of the teachers thinks that Covid-19 has ...

MICROSOFT PLANS TO BUILD DATA CENTRES IN GREECE WORTH 1 BILLION DOLLARS

Highlights:

• The tech giant ‘Microsoft’ is planning to build three data centres in Greece worth 1 billion dollars
• The news was announced by Microsoft and the prime minister of Greece Kyriakos Mitsotakis

The tech giant Micr...

SAMSUNG ELECTRONICS COMBINES WITH MICROSOFT TO ROLL OUT SEAMLESS 5G NETWORK ON AZURE PLATFORM

• Samsung Electronics Co. said Tuesday it has locked hands with Microsoft Corp. to deliver cloud-based private 5G network solutions as the South Korean tech titan makes an effort to expand its presence in the next-generation communications sector.
• Samsung will engage its virtuali...

SK TELECOM TAPS INTO DIGITAL CLOUD GAMING SERVICES IN LEAGUE WITH MICROSOFT

• SK Telecom Co., South Korea's foremost mobile carrier, said Wednesday it launched a cloud gaming portal in partnership with Microsoft Corp., joining other telecom operators to compete for a chunk of the burgeoning local cloud gaming market.
• The mobile carrier's 5GX Clou...

U.S. GOVERNMENT TO APPROVE ORACLE-TikTok DEAL ON TUESDAY: REPORT

Highlights

• Tech giant and one of the President Trump's favorite company, Oracle on Monday had confirmed of striking a deal with ByteDance

• CEO of Oracle Safra Catz previously took part in President Trump’s transition team, while Chairman Larry Ellison ha...

ByteDance LIKELY TO MISS US' SEPTEMBER 20 DEADLINE FOR TikTok DEAL

Highlights

• Before the arrival of new Chinese regulations, both Microsoft and Oracle had submitted their proposals and are still willing to purchase the U.S. arm of TikTok, and have not been discouraged by the involvement of Beijing

• As per the reports, without app...

WALMART JOIN FORCES WITH MICROSOFT TO BID FOR TIKTOK

Highlights:

•       For Walmart this move to join Microsoft is a way of breaking into the technology and media domain

• Tiktok is being pursued by other bidders as well

As the talks for buying Tiktok continues, Walmart...

SAMSUNG HELPS US NPO’S OUT WITH $4M IN BATTLE AGAINST PANDEMIC

• South Korean tech giant Samsung Electronics is in the process of helping various communities hit by the COVID-19 pandemic worldwide.
• Its latest donation worth $4 million is reaching nonprofit organizations in the United States, according to the company on Wednesday.

BANS ON ITS TRANSACTIONS MAKES TIKTOK FILE LAWSUIT AGAINST THE GOVT.

Highlights:

•          Trump had signed an executive order banning transactions with TikTok

•          The ban is being opposed to by ByteDance, owner of TikTok    &nb...

RELIANCE INVESTMENT LIKELY IN TikTok; TALKS IN PROGRESS

Highlights

• TikTok was in the list of 59 apps blocked by the Government of India citing security concerns 

• Microsoft is also having discussion with ByteDance to acquire TikTok's US operations

• ByteDance wants Reliance Industries Limited to...

TRUMP TO BYTEDANCE: SELL TikTok BY SEP 15 OR GET BANNED

Highlights:

•    The US treasury will earn a huge amount from this likely deal

•    This deal will ensure database security for the US

The latest on the TikTok update is that in a press conference, Trump talks about his meeting...

VIDEO CONFERENCING REDEFINING COMMUNICATION PROTOCOLS IN BUSINESS HOUSES

• South Korean telecom companies are shoring up plans to enhance their videoconference capabilities.
• In order to meet rising demand amid the COVID-19 pandemic, it has boosted a telework model here, industry insiders said Monday.

Global videoconference an...

MICROSOFT CEO MEETS TRUMP TO DISCUSS TikTok DEAL

Highlights:

•       Trump concerned about data pilferage and security with TikTok

•       Microsoft committed to the deal with TikTok only if all security checks are reviews are found to be in place