DXC Technology ends incentive pact with state as hopes for 2,000 New Orleans tech jobs fades | Business News

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Five years ago, state and local elected officials announced with fanfare that tech giant DXC Technology was opening a “digital transformation center” in downtown New Orleans, promising 2,000 jobs in what Gov. John Bel Edwards at the time billed as the state’s largest-ever tech-focused economic development project. 

But now, DXC appears to be scaling back those ambitions. Records show that as of last year, the Virginia-based company had hired just 300 local workers. The company is only occupying three of the 10 floors it leased in the granite Poydras Street skyscraper that bears its name, and is actively seeking to

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OnePlus says successfully geared up for 5G tech launch with 5G-ready smartphone portfolio : The Tribune India

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Bengaluru, September 30

World wide smartphone model OnePlus on Friday mentioned it is successfully geared up to provide in the evolutionary 5G technology ecosystem to OnePlus customers in India. The model verified that its not too long ago-released gadgets will also be 5G-ready with qualified networks, which includes Vi.

The firm claimed it has been demonstrating leadership in 5G R&D and has been the swiftest in the sector to deliver 5G products to consumers throughout the world.

“OnePlus recognised the huge opportunity of 5G substantially early on. We initiated 5G analysis endeavours again in 2016. And we grew to become

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European telecoms chiefs call on tech firms to share internet network costs | Telecommunications industry

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The bosses of Europe’s biggest telecoms operators including BT, Vodafone and Deutsche Telekom have called for tech firms such as Netflix an Amazon to pay for some of the soaring costs of data fuelled by the global streaming and internet boom.

The call from the 16 chief executives comes as the European Commission prepares to launch a consultation into whether technology companies such as Google, Facebook, Netflix and Microsoft should be made to pay some of the soaring costs for the huge amount of global internet traffic they carry on their telecoms networks.

More than half of global internet traffic

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Tech stocks notch worst two-week stretch since the start of pandemic

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What started off as a 3rd-quarter rebound has turned into a flop for tech investors.

The Nasdaq Composite tumbled 5.1% this 7 days just after losing 5.5% the prior 7 days. That marks the worst two-7 days stretch for the tech-major index because it plunged more than 20% in March 2020 at the begin of the Covid-19 pandemic in the U.S.

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Meta is a buy as the social media giant embarks on plan to slash costs
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Meta is a obtain as the social media large embarks on plan to slash costs

With the third quarter set to wrap up upcoming week, the Nasdaq is poised to notch losses for a 3rd straight

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US allows tech firms to boost internet access in Iran

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WASHINGTON (AP) — The Treasury Department claimed Friday it was allowing American tech firms to expand their business enterprise in Iran, one particular of the most sanctioned nations around the world in the environment, to enhance web accessibility for the Iranian persons.

The Iranian federal government lower most online entry for its 80 million citizens for the duration of a crackdown on demonstrators protesting the loss of life of 22-12 months-old Mahsa Amini in the custody of Iran’s morality law enforcement.

The morality police detained Amini very last week, stating she did not adequately deal with her hair with the

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Senate panel approves bill to give news organizations more power against tech platforms

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A 3D printed Facebook’s new rebrand emblem Meta is observed in entrance of shown Google emblem in this illustration taken on November 2, 2021. REUTERS/Dado Ruvic/Illustration/File Photograph

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WASHINGTON, Sept 22 (Reuters) – The U.S. Senate Judiciary Committee voted Thursday to approve a invoice aimed at permitting news companies to band with each other to negotiate with Alphabet Inc’s (GOOGL.O) Google and Meta’s (META.O) Fb and acquire extra earnings.

The bill handed the committee by a vote of 15 to 7, according to a congressional aide. It must now go

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