Displaying items by tag: Big tech

Driven by vaccination certificates, the need for identity checks in financial services, and the potential of the metaverse, governments across the world realise the benefits and the importance of digital identity, enabling the technology to take off, according to data and analytics company GlobalData.

Google has settled a case over location tracking brought by 40 attorneys-general in the US, paying US$391.5 million (A$578.95 million) in what is claimed to be the biggest multi-state attorney-general privacy settlement in the US.

Hot on the heels of the former Facebook now named Meta axing 11,000 staff from its global workforce comes the news of another mass layoff announcement by an American online tech company.

An expert at app design and generating publicity is warning businesses not to rely on Facebook and Google as reliable tools to generate revenue, and to have a contingency plan to continue generating leads if or when big tech pulls the rug out from under businesses again.

A newly formed coalition of health and technology experts is calling on the Australian Parliament to force big tech companies to reveal the true extent of COVID-19 “misinformation”.

Decisions about closing someone's social media account should be transparent and there should be avenues to appeal, according to Reset Australia, which claims that ultimately the real harm from Big Tech's “unchecked algorithms and data usage” can't be solved by a voluntary code.

Two-thirds of banking executives believe that new technologies such as Artificial Intelligence (AI) and machine learning will continue to have the greatest impact on the global banking sector in the next five years, according to a new report conducted by the Economist Intelligence Unit (EIU) for banking software company Temenos.

Three areas of tech which the Labor Party plans to go hard on if it is elected on 18 May are the workforce, the certification of providers to government, and getting big technology firms to pay their fair share of tax.