Water has become a big issue for Big Tech. But Microsoft has a plan

When Brian Janous started at Microsoft in 2011 as a data center utility architect, he joined at a time when energy and sustainability issues were still nascent.

“I was the first person that was brought into the organization to work on energy and sustainability issues. This was back in the time when it … certainly wasn’t clear to me why a company like Microsoft even needed someone like me,” Janous told CNBC by phone.

“And the person that was hiring me, (said), ‘I really think this whole cloud thing is going to be a big deal. And I think energy is going to be really important to the future of our company.’ And he was clearly correct. Obviously, over the last several years, as the cloud has really exploded, energy and our environmental footprints have become increasingly important issues,” he added.

The U.S. government estimated that data centers in the

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FSB says emerging economies should rewrite financial rules to rein in Big Tech


Regulatory frameworks in emerging markets and developing economies (EMDE) should be redrawn to reflect the size, scope and growth of Big Tech firms in financial services, says the Financial Stability Board.

The FSB report for G20 finance ministers and central bank governors finds that the expansion of Big Tech firms in financial services in EMDEs has generally been more rapid and broad-based than that in advanced economies.

Lower levels of financial inclusion in EMDEs create a source of demand for Big Tech firms’ services, particularly amongst low-income populations and in rural areas where populations are under-served by traditional financial institutions.

While the expansion of Big tech companies like Facebook, Google and Amazon has some benefits, their activity also gives rise to operational and consumer protection risks and concerns about market dominance, states the FSB.

This applies as much to local incumbents as consumers, who the FSB fears may be

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Global watchdog proposes tax overhaul for Big Tech

LONDON (AP) — A global economic watchdog on Monday proposed an overhaul of international tax rules to make sure big tech companies pay their dues, and warned that failure to adopt it would make the economic recovery from COVID-19 harder.

The Paris-based Organization for Economic Cooperation and Development, which advises the world’s top economies, will be presented to Group of 20 finance ministers meeting this week and could be implemented by mid-2021 if an agreement is reached. The group estimated the measures could raise an extra $100 billion in corporate tax revenues annually.

The OECD has been trying to find a compromise among more than 135 countries on digital taxes, spurred by longstanding demands from France and other European Union nations for U.S. digital giants like Amazon and Google to pay their fair share. The U.S., however, has resisted.

France’s plan for its own tax on digital business has angered

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eSIM Technology Market Next Big Thing: Major Giants Deutsche Telekom, Gemalto, Sierra Wireless, STMicroelectronics | Oct 12, 2020

Edison, NJ — (SBWIRE) — 10/12/2020 — Latest research document on ‘eSIM Technology ‘market is added in AMA database providing detailed insights on growth factors and future strategies. The study breaks market by key regions that includes North America, Europe, Asia-Pacific with country level break-up and provide volume* and value related cross segmented information by each country. Some of the important players from a wide list of coverage used under bottom-up approach are Deutsche Telekom AG (Germany), Gemalto NV (Netherlands), Giesecke & Devrient GmbH (Germany), Infineon Technologies AG (Germany), NTT DOCOMO INC. (Japan), NXP Semiconductors N.V. (Netherlands), Sierra Wireless, Inc. (Canada), Singapore Telecommunications Limited (Singapore), STMicroelectronics (Switzerland), Telefónica, S.A. (Spain)

Request a sample report @ https://www.advancemarketanalytics.com/sample-report/123572-global-esim-technology-market

What is eSIM Technology Market?
eSIM (Embedded sim) is programmable SIMs that allow you to switch carriers without changing the physical card in your device. The initial specification eSIM is by GSMA in 2013

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Apple on EU ‘hit list’ of big tech companies that will face stricter rules

The European Union plans to impose new and stricter regulations on a “hit list” of 20 large internet companies — including Google, Facebook, Amazon, and Apple.

EU regulators, who are seeking new powers to police Big Tech in Europe, are currently drawing up that “hit list.” The companies will be subject to more stringent rules in an effort to curb their market power.

The list of rules will be based on criteria such as the number of users a company has, or the market share of revenues, according to The Financial Times. It could also include technology companies deemed so powerful that rivals can’t trade without using their platforms.

Companies that find themselves on the list may face new rules that could force them to be more transparent about the information they gather and regulations requiring them to share data with their competitors. It’s likely that the list will

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Blockchain Technology Market Next Big Thing

Blockchain Technology Market

India Blockchain Technology Market (2018-2023) is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the India Blockchain Technology Market. Some of the key players profiled in the study are Microsoft Corporation, Deloitte, Tata Consultancy Services, and Wipro.

You can get free access to samples from the report here: https://www.htfmarketreport.com/sample-report/1304716-india-blockchain-technology-market

Blockchain Technology Market Overview:
Blockchain technology is used to record Bitcoin transactions via a global network of computer. It is a continuously growing list of blocks (records) that are linked and secured using cryptography. Each new block created is connected to the previous block via a “cryptographic Hash”. Blockchain technology is expected to see an increasing adoption among the Indian banks. Private and public

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Big tech’s emerging market finance push brings rewards and risk

LONDON: A push by big technology firms into financial services in developing countries will improve access to them, but might also make traditional lenders more vulnerable, the Financial Stability Board (FSB) said.

The expansion in emerging markets has generally been more rapid and broad-based than that in advanced economies, the FSB, which coordinates financial regulation for the Group of 20 Economies (G20), said in the report released on Monday.

Lower levels of access to traditional banking and financial services developing economies had created demand for services now offered by big tech firms, the report found, particularly among low-income populations and in rural areas.

An increasing availability of mobile phones and internet access supported this trend, the FSB said.

“However the expansion of BigTech activity also gives rise to risks and vulnerabilities,” it said, pointing to lower financial literacy and firms using other data gathered.

“Competition from BigTech firms may, in

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Ten Reasons Why Big Firms Stick With Obsolete Management

One of the great puzzles of the corporate world is why big corporations are still being run on obsolete 20th Century management principles when there is an obvious better alternative—21st Century management—that is producing unprecedented financial returns and market capitalizations.

“Most [firms] today are run on the basis of ‘legacy’ management systems that have become obsolete,” writes Menlo College professor Annika Steiber in The Silicon Valley Model. But why?

Even though 20th Century management is a coherent and consistent way of running a company, it is an increasingly poor fit with today’s fast-moving customer-driven marketplace. It has difficulty changing direction. It lacks agility. Here are ten reasons why 20th Century management still dominates.

1.    20th Century Management Operates As An Unstoppable Flywheel

Since 1970, 20th Century management has been preoccupied with a single-minded

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Big tech’s emerging market finance push brings rewards and risk, FSB says

LONDON, Oct 12 (Reuters) – A push by big technology firms into financial services in developing countries will improve access to them, but might also make traditional lenders more vulnerable, the Financial Stability Board (FSB) said.

The expansion in emerging markets has generally been more rapid and broad-based than that in advanced economies, the FSB, which coordinates financial regulation for the Group of 20 Economies (G20), said in the report released on Monday.

Lower levels of access to traditional banking and financial services developing economies had created demand for services now offered by big tech firms, the report found, particularly among low-income populations and in rural areas.

An increasing availability of mobile phones and internet access supported this trend, the FSB said.

“However the expansion of BigTech activity also gives rise to risks and vulnerabilities,” it said, pointing to lower financial literacy and firms using other data gathered.

“Competition from

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The Best Walmart Big Save Event Deals 2020

We are currently searching for the best deals on Wirecutter picks in this category and will add them here if we find them!

Walmart often matches Amazon’s Prime Day discounts—and vice versa—which means, come Prime Day, you may see some pretty competitive pricing between the two monolithic retailers. We’ve seen it ourselves first hand, in fact. A few years ago, Deputy Deals Editor Dan Kim watched the price of the Coway AP-1512HH Mighty air purifier drop lower and lower throughout the day as each store tried to outshine the other. Eventually, when the price felt right (and when it seemed the competition had drawn to an end), he made his purchase and ended up spending $132 (the lowest we had seen to date). Compared to the first deal the team had spotted that morning at $185, the 30% drop in price was hardly believable.

Walmart offers many of the same

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