RUSSELS ( TECHY QUANTUM) — The European Commission said Friday that it has preliminarily found TikTok and Meta, the parent company of Facebook and Instagram, in breach of transparency rules under the European Union’s Digital Services Act (DSA). The Commission accused the US tech companies of failing to provide researchers adequate access to public data … Read more
SAN FRANCISCO (TECHY QUANTUM) — Oracle Corp. (NYSE/ORCL) may soon join an exclusive group of technology titans including Apple, Microsoft, Amazon, Alphabet, Meta, and Nvidia that have each surpassed a $1 trillion market capitalization. Analysts and industry observers say Oracle’s expanding artificial intelligence capabilities, robust cloud infrastructure growth, and surging demand from enterprise clients are … Read more
WASHINGTON (TECHY QUANTUM) — The White House warned Thursday that the ongoing government shutdown could cause significant disruptions to US air travel as it stretches into its 23rd day, leaving tens of thousands of essential aviation workers without pay. Officials fear that the combination of unpaid air traffic controllers, Transportation Security Administration (TSA) officers, and … Read more
WASHINGTON (TECHY QUANTUM) — President Donald Trump said Thursday night that he was ending all US trade negotiations with Canada after Ontario’s government aired an advertisement featuring former President Ronald Reagan criticizing tariffs. The move marks one of the sharpest escalations in cross border tensions since the renegotiation of the US Mexico Canada Agreement. In … Read more
The Walt Disney Company has warned that its popular television networks, including ESPN and ABC, could soon disappear from YouTube TV if both sides fail to reach a new carriage agreement before the current deal expires at 11:59 pm ET on October 30. The warning marks the latest high stakes showdown between a major media … Read more
SEATTLE (TECHY QUANTUM) — Alaska Airlines restores operations after a widespread IT outage on Thursday grounded all of its flights across the United States, stranding passengers and halting air travel for nearly three hours. The airline confirmed that the disruption, which also affected its regional subsidiary Horizon Air, was caused by a system malfunction that … Read more
SEATTLE (TECHY QUANTUM) — A widespread Alaska Airlines outage forced the carrier to ground all of its flights nationwide Thursday evening, disrupting travel plans for thousands of passengers and prompting a temporary ground stop across multiple airports. The airline said an “IT outage” had severely impacted its operational systems, halting flights for both Alaska Airlines … Read more
WASHINGTON (TECHY QUANTUM) — US President Donald Trump has granted a full pardon to Changpeng Zhao, the billionaire chief executive and founder of Binance, the world’s largest cryptocurrency exchange, the White House confirmed Thursday. The announcement marks one of the most consequential acts of clemency under Trump’s current administration and underscores his pivot toward a … Read more
LONDON, ( TECHY QUANTUM) ~ Oil prices rose sharply Thursday after the United States announced new Russia oil sanctions, targeting major producers Rosneft and Lukoil in an effort to curb Moscow’s energy revenue amid the ongoing war in Ukraine. The move, part of a coordinated Western campaign, sent global crude benchmarks higher and prompted Asian … Read more
FINLAND (TECHY QUANTUM) — Nokia CEO Justin Hotard compared the rapid rise of artificial intelligence to the internet boom of the 1990s while stressing that the company’s Nokia AI strategy is focused on long term growth rather than short term speculation. Speaking in an interview with Reuters, Hotard downplayed concerns about a potential bubble in … Read more
