Tag: Breaking News: Technology

SEC charges Twilio engineers with insider trading
SEC charges Twilio engineers with insider trading

The Securities and Exchange Commission on Monday charged three software engineers at cloud software vendor Twilio and several of their friends and family members with involvement in an insider trading scheme. Between March and May 2020, as cloud tools were gaining use due to the surge in remote work, Twilio engineers Lokesh Lagudu, Chotu Pulagam […]

EU targets Big Tech with sweeping new antitrust rules
EU targets Big Tech with sweeping new antitrust rules

Executive Vice President of the European Commission for a Europe Fit for the Digital Age Margrethe Vestager. Thierry Monasse | Getty Images News | Getty Images The European Union agreed on landmark new antitrust regulations that could reshape the business models of US technology giants Meta, Apple, Amazon and Google dramatically. The rules are expected […]

Chinese giant reports slowest revenue growth ever
Chinese giant reports slowest revenue growth ever

Tencent reported its slowest quarterly revenue growth on record in the fourth quarter of 2021. Revenue came in at 144.18 billion yuan ($22.62 billion), up 8% year-on-year. The Chinese technology giant continues to feel the impact of Beijing’s regulatory tightening on the domestic technology sector. Tencent’s twin-skyscrapers at Shenzhen Bay Start Up Plaza in Nanshan […]

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