The Tech Report

Despite reaching record highs, electric vehicle (EV) sales in Australia face a persistent challenge as the country grapples with its enduring preference for SUVs. In 2023, the automotive association reported...The post Australia Sticks with SUVs Even as Sales of Electric Vehicles (EV) Hit Record High appeared first on The Tech Report.

On-chain data reveals that there is a slight increase in the volume of Rippletoken burns as users migrate to the Xahau Network. Originally, the XRP Ledger burn mechanism was created...The post XRP Burns Builds Momentum As Users Increase Burn Rate For XAH appeared first on The Tech Report.

Baidu has canceled a planned $3.6 billion acquisition deal for JOYY's live-streaming business in China. Baidu planned this acquisition to expand its live-streaming operations in China and grow its revenue....The post China's Baidu Halts Multi-Billion-Dollar Deal with JOYY's Live Streaming Business appeared first on The Tech Report.

The crypto market is abuzz as investor optimism hits the roof following Bitcoin's (BTC) ascent to $45,000 on Tuesday, January 2, 2024. This is a price level not seen since...The post Bitcoin Hits the $45,000 Milestone, the Highest Price Since April 2022 appeared first on The Tech Report.

Headquartered in Teaneck, New Jersey, global information technology powerhouse Cognizant began humbly in 1994 as an in-house team serving parent company Dun and Bradstreet out of Chennai, India. Co-founders Kumar...The post 40+ Mind-blowing Cognizant Statistics and Facts for 2024 appeared first on The Tech Report.

In a bold cyberattack, hackers successfully infiltrated the court recordings database of Victoria State in Australia, disrupting the audio-visual in-court technology network. Discovered last Tuesday, the breach messed up critical...The post Cyber Siege Strikes Australian Legal Proceedings as Court Recordings Breached in Daring Hack appeared first on The Tech Report.

Think Amazon rules global eCommerce? Not so fast. Alibaba captivates customers across China and beyond at a scale matching Bezos' behemoth. Raking in 3x the sales volume of Amazon annually,...The post Insightful Alibaba Statistics: Impact, Revenue, and Trends for 2024 appeared first on The Tech Report.

Following the suit of Disney+ and Netflix, Amazon is ending its ads-free' version of Prime Video for subscribers from February 5, 2024. Viewers in the UK will have to fork...The post Amazon Prime Users Have to Pay 2.99 a Month for Ad-Free Streaming appeared first on The Tech Report.

In a significant development, tech giant, Google, has decided to settle a high-stakes privacy lawsuit accusing the company of secretly monitoring the internet activities of millions who believed that they...The post Google Resolves $5 Billion Privacy Lawsuit, Nears Settlement Approval appeared first on The Tech Report.

Singtel has connected Singaporeans for over 140 years, evolving from the island's first telephone exchange to a global telecom leader. As one of Singapore's homegrown success stories, Singtel powers the...The post 65+ Inspiring Singtel Statistics and Facts in 2023 appeared first on The Tech Report.

Users, brace up for a more secure and seamless browsing experience on Google Chrome, as the tech giant revamps its Safety Check function in the latest version. As you browse...The post Google Chrome Promises Seamless Browsing Experience With Better Safety Check appeared first on The Tech Report.

Meta has stirred another row of global debate on content censorship and bias on posts related to the ongoing conflict between Israel and Palestine. The Human Rights Watch has published...The post Meta Under Fire After Allegations Emerge Of Bias In Content Moderation Amidst Israel-Palestine Conflict appeared first on The Tech Report.

As the holiday season is coming to an end, EE, a popular UK phone operator, has warned its customers against text scams. As per the operator, it had blocked as...The post UK's EE Warns Users of Delivery Text Scams appeared first on The Tech Report.

In a bid to curb to prevent obsessive behavior, the Chinese government has introduced a draft set of rules for the gaming industry. The new rules will set an upper...The post China's Draft Online Video Gaming Rules - A Big Blow to The Gaming Industry appeared first on The Tech Report.

Arion Kurtaj, the 18-year-old kid who leaked the GTA-6 clips and masterminded the notorious LapsusS hacking group, has been handed a hospital order for an indefinite period rather than a...The post Arion Kurtaj, The Kid Behind GTA 6 Leaks, Handed A Hospital Order appeared first on The Tech Report.

X Corp, formerly known as Twitter, finds itself in hot waters yet again, this time facing a legal battle over its failure to pay employee bonuses. The U.S. The District...The post X Lands In Legal Battle Over Unpaid Employee Bonuses appeared first on The Tech Report.

Continuing its remarkable surge, Solana (SOL) has now surpassed Binance Coin (BNB) in market capitalization, solidifying its position as a leading digital asset on the market. SOLANA FLIPPED BNB pic.twitter.com/ISdrnGfoTb...The post Solana Outperforms Binance's BNB in Market Cap with Continuous Price Surge appeared first on The Tech Report.

ByteDance, the Chinese tech giant behind TikTok, is using OpenAI's technology to a very limited extent" to test and develop its own AI models, it revealed on Tuesday. The admission...The post ByteDance Admits to Using OpenAI's Tech to Train Its Own AI appeared first on The Tech Report.

In a landmark verdict on Wednesday, the UK Supreme Court confirmed that AI cannot patent any inventions. The ruling brings an end to a long-running dispute between technologist Dr Stephen...The post AI Cannot Be Named as Inventor, UK Supreme Court Rules in Patent Dispute appeared first on The Tech Report.

Amid the ongoing ruckus related to the forthcoming United States Presidential election, various tech companies have found themselves in tight positions. One such is Alphabet's Google (GOOGL.O). On Tuesday, December...The post Alphabet to Reduce Election Queries Bard and AI-based Search Answer appeared first on The Tech Report.

In a recent development, a finance veteran has stirred controversy by boldly declaring that XRP, a prominent digital asset, is a scam. The veteran, identified as Rajat Soni, expressed his...The post Finance Veteran Calls Ripple Coin Scam" - What's the Reality? appeared first on The Tech Report.

Alibaba Group announced on Wednesday that its CEO, Eddie Wu, will take over as chief executive of its domestic e-commerce arms, Taobao and Tmall Group. This new role will consolidate...The post Alibaba's CEO Eddie Wu Takes Control of Core Businesses, Reshaping Leadership appeared first on The Tech Report.

As the year is ending, investors are considering different cryptocurrencies to add to their portfolios. These investors think about meme coins because of their long time history of explosive price...The post Dogecoin in Critical Position as Price Nears Trendline While New Gamble Coin Gears Up for 100x Explosion appeared first on The Tech Report.

In a significant move, OpenAI has introduced its Preparedness Team as part of a comprehensive strategy to bolster the safety measures surrounding artificial intelligence (AI). The company, renowned for its...The post OpenAI Sets Up Preparedness Team to Drive AI Safety appeared first on The Tech Report.

Ripple's native asset, XRP, is on the move to orbit again. Many think this ongoing rally consolidates the previous one that occurred following the court's ruling in favour of Ripple...The post Ripple XRP Soars By 4%, Will it Claim New Highs as New Betting Tokens Target 10X Gains? appeared first on The Tech Report.

Bitcoin has reclaimed the $43,000 price level with a 4.7% surge today, December 19. Also, the global crypto market has risen by 4.4% to $1.69 trillion, which is quite an...The post Top Crypto Gainers on December 19 - SEI, WOO, And INJ appeared first on The Tech Report.

The general crypto market is not showing a good sign today, December 18. For instance, popular assets like BTC and ETH are down.This is likely attributed to the latest decision...The post Ethereum (ETH) Sheds Off 5% Daily. Is it a Normal Retracement or a Bigger Problem? appeared first on The Tech Report.

The crypto market has shown retracement in the last 24 hours, with a 3.19% decline today, December 18.This decline is also evident in the price of Bitcoin, which dropped to...The post Top Crypto Gainers on December 18 - ASTR, STX, And BGB appeared first on The Tech Report.

The former Ethereum core developer, Lane Rettig, has just made a shocking revelation regarding ETH's initial coin offering (ICO).He alleged that the protocol team distributed over two-thirds of the Ethereum...The post Over Two-Third Ethereum Token Supply Distributed During Pre-Mine appeared first on The Tech Report.

News publishers are joining forces to challenge Google for its alleged anticompetitive practices including AI use, accusing the company of jeopardizing their revenue streams. Spearheaded by Arkansas-based Helena World Chronicle,...The post News Publishers Unite Against Google's AI, Launch Class Action Antitrust Suit appeared first on The Tech Report.

Channel 4, a UK public broadcaster heavily reliant on advertisements, is upgrading streaming ad formats. This action comes after Channel 4 published the results of a public trial to determine...The post Channel 4 to Bring New Streaming Ad Formats in 2024 appeared first on The Tech Report.

UK communications regulator Ofcom has launched a probe into TikTok for allegedly supplying inaccurate" information about parental controls on the platform. The watchdog is now investigating if the popular Chinese-owned...The post TikTok Under Watchdog Lens for Providing Inaccurate Information appeared first on The Tech Report.

Based on a Reuters report, some tech firms are taking vital steps to address the European Union's (EU) regulations aimed at the industry.Among these companies are Google, Meta, Qualcomm, and...The post Google, Meta, Qualcomm Join Forces to Promote Open Digital Ecosystem appeared first on The Tech Report.

Google's recent legal loss to Epic Games, the developer behind Fortnite," has potential implications for the Android mobile system.The jury found Google's Play app store to be an illegal monopoly....The post Google Faces Legal Setback in Epic Games Case appeared first on The Tech Report.

Since the start of this week, the crypto market hasn't been doing great. Dogecoin, the popular meme coin, is also struggling to stay below $0.1. Unfortunately, this recent Doge's poor...The post Dogecoin (DOGE) Price Struggles Below $0.1, Will the Market Remain Positive Till the End of December? appeared first on The Tech Report.

The crypto market has retraced in the last 24 hours with a 2.69% drop today, December 13. Also, Bitcoin is down by 1.7%, trading slightly above $41,000 as the slight...The post Top Crypto Gainers on December 13 - BEAM, ATOM, And APT appeared first on The Tech Report.

Get this - over 30 years after launching from a garage, Adobe STILL sits pretty and polished at the tip-top of the design software game. We're talking about 224 million...The post 100+ Adobe Statistics for 2023: Decrypting Its Staying Power appeared first on The Tech Report.

Officials from the US Federal Trade Commission (FTC) have cautioned people to be careful while scanning QR codes. The warning comes in the wake of a rising number of scams...The post FTC Issues Warning About Cybercriminals Using Malicious QR Codes appeared first on The Tech Report.

Password is an entry point to everything we do online. It protects internet users from third-party interferences and exposure to security compromise. As such, having a strong password is so...The post Password Reuse Statistics: Over 60% Have a Password Problem appeared first on The Tech Report.

Vodafone, O2, EE, and Three - the four largest network operators in the UK have been sued for 3 billion in a class-action lawsuit accusing them of overcharging. The companies...The post UK Mobile Phone Firms Face 3bn Lawsuit for Overcharging Loyal Customers appeared first on The Tech Report.

Seven years after Meta (known as Facebook at the time) began working on it, end-to-end encryption is finally being made default across the company's messaging platforms. Loredana Crisan, the Head...The post Meta Finally Makes Encrypted Messaging Default for Facebook, Messenger and Instagram Chat appeared first on The Tech Report.

The crypto market has shown signs of a slight retracement in the last 24 hours. Although there is no major bearish event, the drop in value is likely for consolidation....The post Top Crypto Gainers on December 7 - HNT And AVAX appeared first on The Tech Report.

The recent leadership chaos at artificial intelligence startup OpenAI over the firing and reinstatement of Sam Altman has strengthened its partnership with Microsoft. As OpenAI's largest outside investor, Microsoft utilized...The post OpenAI Drama Strengthens Ties with Microsoft, What's the Ground Reality? appeared first on The Tech Report.

Dogecoin is benefitting from the uptick in prices in the crypto market after Bitcoin raced above $44,000 today, December 6. The general sentiment among investors is quite positive, and DOGE,...The post Dogecoin Shows Bullish Breakout Pattern, $0.15 Is the Likely Target in the Ongoing Rally appeared first on The Tech Report.

The official trailer of the much-anticipated game GTA 6 has shattered world records in terms of most views for a non-music video within the first 24 hours on YouTube, surpassing...The post GTA 6 Trailer Breaks World Records, Outshines Mr. Beast on YouTube in Terms of Views appeared first on The Tech Report.

Google has landed in a state of concern as it faces global backlash following a highly controversial incident at its K&I Black Summit. What seemingly was a harmless notebook distributed...The post Google Faces Backlash as Notebook Controversy Raises Questions on Corporate Sensitivity appeared first on The Tech Report.

The race for the launch of the first spot Bitcoin exchange-traded fund (ETF) in the United States is still on.The US Securities and Exchange Commission (SEC) revealed the seed funding...The post BlackRock Receives $100K in Seed Funds, SEC Filing Reveals appeared first on The Tech Report.

The crypto market remains bullish, with the total market cap rising to $1.61 trillion today, December 5. Also, Bitcoin's market cap is fast approaching $1 trillion as it remains above...The post Top Crypto Gainers on December 5 - STX, CFX, And GALA appeared first on The Tech Report.

Apple+ and Paramount+ have reportedly discussed the possibility of bundling their streaming services into one, according to a report by the Wall Street Journal. The talks are in their preliminary...The post Apple and Paramount Hold Talks to Combine Streaming Services appeared first on The Tech Report.

A coalition of as many as 83 media outlets in Spain has collectively filed a staggering $600 million (550 million euro) lawsuit against Meta Platforms. The AMI Media Association, which...The post Spanish Media Group Slaps Meta With $600 Million Lawsuit Over Unfair Advertising appeared first on The Tech Report.