Techs

The US Federal Trade Commission will hold its next open meeting on September 15 to hear staff findings on deals that Big Tech firms like Facebook and Apple make which are sometimes too small to spark antitrust scrutiny, the agency said on Wednesday.The agency began holding open meetings after Chair Lina Khan was sworn in June. Next week, the five commissioners will also consider whether to scrap guidelines put in place during the Trump administration regarding deals that combine a company with one of its suppliers.The…

US Federal Trade Commission staff presented data on Wednesday on small acquisitions by five big technology companies, and the agency scrapped guidelines on vertical mergers which combine a company with a supplier - both steps indicating plans to be tougher on deals.Following a study begun during the Trump administration, the FTC staff found that Facebook, Alphabet's Google, Amazon, Apple, and Microsoft together had 616 acquisitions from 2010 to 2019 that were above $1 million (roughly Rs. 7.3 crores) but too small to be…

The tech industry’s ultrarapid hiring during the pandemic is showing signs of cooling off, and a number of top executives are preparing for it to get worse. Labor Department data issued Friday showed the economy adding technology jobs in June at a pace still faster than before the onset of Covid-19, but a bit slower in some areas than in prior months. Jobs in computer and electronic products grew by 2,300 from May, for example, down from an average of more than 2,800 in the prior five months of this year.…

Data scientists could offer more or less pay based on their split in requirements in the big techs Data scientists are analytical experts who utilize their skills in both technology and social science to find trends and manage data. It is to analyze data for actionable insights. Specific tasks include: Identifying the data-analytics problems that offer the greatest opportunities to the organization. Data science is well-established, and applicants feel more confident in demanding a higher salary, as well as…

The Supreme Court's ruling last week has overnight transformed many states where abortion access was to ones where it is now de facto . Congressional Democrats squandered nearly 50 years of opportunities to strengthen the right to bodily autonomy, and now in the wake of a post-Roe nation, large companies have been attempting to perform some form of triage, but their solutions, among tech firms in particular, often exclude the overwhelming majority of their workforces. Alphabet, Meta, Amazon, Uber, Lyft and DoorDash have…

Credit: Pixabay/CC0 Public Domain Amber Tanaka was burned out. Tanaka had been working service jobs to support an acting career and was coming to realize that a passion for theater…

The Israel Innovation Authority (IIA) and the Energy Ministry have announced support for testing three chosen innovative energy technologies developed by Israeli companies.The purpose of the grants is to promote the economy and develop Israeli hi-tech in the fields of energy and water, while dealing with the climate crisis and reducing pollution, said a joint statement issued by the Ministry and the IIA.The total support amounts to 3.3 million shekels ($950,000), up to 50 per cent of the cost of each testing project,…

About a decade ago, the clean tech boom went bust. Industry darlings were dropping like flies. Solyndra, most famously, shut down after taking a $500 million loan from the U.S. government. Germany’s Q-Cells went bankrupt, too, and was bought by South Korea’s Hanwha. A123 Systems, a battery maker, was snapped up on the cheap by Wanxiang, a Chinese auto parts company. That’s just a partial list. There are myriad reasons why so many companies went belly up. Some had the right tech at the wrong…

Fully charged: Electric vehicles are becoming more popular, but they’re still constrained by how far they’re able to travel on a single charge—a Tesla Model 3 can go for about 350 miles before it needs to be recharged. In a quest to build batteries that can take us farther safely, startup Solid Power is working to make solid-state batteries that could pack more energy into a smaller space.Battery powered: The company makes battery cells that replace the liquid used as the electrolyte in lithium-ion batteries with ceramic…

Many companies in the sector have signaled capitulation to reality. In a May shareholder letter, the internet holding company IAC/InterActiveCorp.’s chief executive officer, Joey Levin, wrote that war, inflation and a global repricing of risk have driven an appropriate resetting in valuation frameworks that he expects to last for a while. Yet the fund manager Cathie Wood, in an installment of her webinar, “In The Know," argued that the problems cropping up in both the world and the market give…