The United States will spend $42 billion to make Internet access universal by 2030

Reuters graphics

WASHINGTON, June 26 (Reuters) – The White House on Monday split $42 billion among the nation’s 50 U.S. states and territories to make access to high-speed broadband universal by 2030, launching a new ad campaign for economic policies of President Joe Biden. Funding under the Broadband Equity Access and Deployment program was authorized under the … Read more

ISPs say US should force Big Tech companies to pay to build Ars Technica broadband

The image of people fighting over money shows the hands of two people pulling at the ends of a stack of $20 bills.

Getty Images | numbeos Internet service providers in the US and Europe are clamoring for new payments from Big Tech companies. European broadband providers are much closer to realizing the long-standing goal of payments by tech companies, as the European Union government is holding an official consultation on the proposal. As the EU process unfolds, … Read more

ISPs say US should force Big Tech companies to pay for broadband construction

The image of people fighting over money shows the hands of two people pulling at the ends of a stack of $20 bills.

Getty Images | numbeos Internet service providers in the US and Europe are clamoring for new payments from Big Tech companies. European broadband providers are much closer to realizing the long-standing goal of payments by tech companies, as the European Union government is holding an official consultation on the proposal. As the EU process unfolds, … Read more

Inside the Chinese underground market for high-end Nvidia AI chips

Inside the Chinese underground market for high-end Nvidia AI chips

HONG KONG/SHENZHEN, China, June 20 (Reuters) – Psst! Where can a Chinese buyer buy high-end Nvidia (NVDA.O) AI chips in the wake of US sanctions? Visiting the famous Huaqiangbei electronics area in the southern Chinese city of Shenzhen is a good bet, especially the SEG Plaza skyscraper whose top 10 floors are filled with shops … Read more

Futures: Stocks race as the tech titan roars, but this risk grows

Futures: Stocks race as the tech titan roars, but this risk grows

Dow Jones futures fell slightly overnight, along with S&P 500 and Nasdaq futures. Adobe (ADBE) soared overnight on strong results and earnings guidance. x After showing resilience after Wednesday’s Fed rate hike prospects, the equity market rally eased on Thursday with strong and broad-based gains. The Nasdaq and S&P 500 hit new 52-week highs, while … Read more

Tech news: 5 things to know in Australia today

Tech News: 5 Things to Know in Australia Today

Good morning. Let’s get right into the tech news, shall we? 1. Australia’s quantum industry prepares for grants Kicking things off, itNews reports that the Australian government has earmarked early 2024 for its quantum computing grants. The government allocated $101 million in May’s federal budget for quantum computing and artificial intelligence, with CSIRO predicting the … Read more

Europe moves forward on AI regulation, challenging the power of tech giants

Europe moves forward on AI regulation, challenging the power of tech giants

Comment on this storyComment European Union lawmakers on Wednesday took a critical step toward imposing unprecedented restrictions on how companies use artificial intelligence, putting Brussels on a collision course with American tech giants funneling billions of dollars into the technology. The European Parliament has adopted its position on legislation known as the EU AI Act, … Read more

EMQ Revealed the Internet of “Anything” at IoT Tech Expo and IIoT World Manufacturing Day Conference

Hangzhou EMQ Technologies Inc, Tuesday, June 13, 2023, press release image

Everything has a story that the IoT can tell. MORGAN HILL, CA / ACCESSWIRE / June 13, 2023 / IoT is not often associated with compelling stories. More often it is limited to a presentation of technology stacks designed to impress or deceive with the idea that IoT is about productivity, efficiency, automation, accuracy and … Read more

The US Supreme Court upholds protections for internet companies

The US Supreme Court upholds protections for internet companies

[1/5] Visitors take pictures in front of the U.S. Supreme Court, where written opinions are expected to be given today in pending and disputed cases, in Washington, U.S. May 18, 2023 REUTERS/Kevin Lamarque May 18 (Reuters) – The US Supreme Court on Thursday awarded internet and social media companies a pair of victories, leaving them … Read more

PR provocateur Ed Zitron: Big Tech and advertising broke the Internet beyond repair

Ed Zitron, founder and CEO, EZPR

An interview withEd ZitronFounder and CEO Ed Zitron will speak at the AdExchangers programmatic IO conference on May 16-17 in Las Vegas.Click here to sign up. As a PR consultant for tech companies, Ed Zitron has seen a few things. He knows where the bodies are buried and is happy to point them out. Zitron … Read more