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Oh, February – the month of love letters and pancakes. It’s also been the month of smartwatches checking our heartbeats and companies flipping out about acquisitions. See what I did there?
Here’s a round-up of the tech stories that are hotting up right now and worth keeping an eye on.
Hands up if you’ve started a new form of exercise this past year? Maybe you are new to running or maybe you’re taking it to the next level? You’re not alone and the tech companies know it. Garmin has just launched a smartwatch, specifically for trail and ultra-marathon runners. Apparently, our trail running activities are up 70% during the pandemic! Meanwhile, Facebook is rumoured to be creating its own smartwatch for 2022. According to the Independent, Facebook will be integrating with apps from health and fitness companies including Peloton.
Facebook was also making the headlines earlier in February for the ongoing fight against problematic social media content. Facebook decided to reveal the full scale of its problematic content – with a view on being more transparent about how this is all tackled. The company also announced that it would scale back political content in its News Feed for the next few months, whilst Instagram will ban accounts which send racist abuse to others via direct messages. Sadly, this abuse is rife – with many footballers speaking out. More on this via The Metro.
Whilst there’s a fight on bad content, many tech firms are fighting each other. Google and Microsoft have voiced their objection of Nvidia’s takeover of British chipmaker, Arm. The deal currently faces an in-depth investigation from the US watchdog – read the full story in CityAM. The European competition watchdog is being roped in over Epic Games’ dispute with Apple. The maker of Fortnite claims that Apple is abusing its monopoly in the market. Lastly, the UK competition watchdog has raised concerns over Adevinta’s acquisition of Gumtree, warning that consumers will face higher prices and less choice.
As some tech firms fight, others collaborate. Apple is reported to have approached Nissan to work on an autonomous car project. Meanwhile, Volkswagen CEO has been covered by Reuters saying that he’s not concerned with Apple’s electric car plans, “The car industry is not a typical tech-sector that you could take over at a single stroke.”
But accelerating too fast on electric cars could come with problems. The Daily Telegraph reports that UK public charging points aren’t growing quickly enough to meet demand, putting pressure on the Government.
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