News from October 2023


Big tech antitrust trial reveals Microsoft missed the mark in mobile search and browser efforts

Microsoft's lack of investment in critical areas of its search technology has been exposed in recent testimonies from company executives who revealed the search team at Microsoft was a fraction of Google's and their efforts to move into the mobile browser market were delayed.

Jason Oxman 'U.S. innovation and competitiveness thrive on a highly skilled workforce'

Jason Oxman, President and CEO of the Information Technology Industry Council (ITI), a trade association representing leading technology companies, has highlighted the importance of a recent Supreme Court decision supporting foreign-born graduates of U.S. colleges and universities, particularly those in STEM fields. Oxman stressed that these graduates play a crucial role in contributing their entrepreneurial skills to the U.S. economy and promoting innovation.

Comcast Lauds FCC Commissioners Carr and Starks for Exemplary Public Service Dedication

Comcast's Chief Legal Officer, Tom Reid, has praised FCC Commissioners Brendan Carr and Geoffrey Starks for their dedication and passion for public service. Reid emphasized the vital role played by the commissioners in advancing broadband investment, regulation, and bridging the digital divide. He expressed eagerness to collaborate with them on these important issues and others crucial to the nation's communication policies.

CNBC correspondent: 'embarrassing' when Microsoft pays for Bing to be a device default and consumers 'opt out'

In a recent CNBC news clip covering the federal antitrust trial against Google, Eamon Javers, Senior Washington Correspondent of CNBC, said it was "embarrassing" that Microsoft's testimony highlighted the fact that when the tech giant has paid for Bing to be the default search engine on devices, a majority of users have chosen to opt out.

Wells Fargo awards nearly $11 million in grants through its Invest Native initiative

The Wells Fargo Foundation has announced that it will be granting nearly $11 million to 28 organizations across six states through its Invest Native program. This initiative is part of a $20 million philanthropic effort aimed at enhancing housing access, small business growth, and sustainability in Native communities. The program is designed to benefit Native communities in Arizona, Montana, New Mexico, North Dakota, South Dakota, and Wyoming.

Visa partners with Expel to assist clients in cybersecurity risk management

Visa has partnered with Expel, a leading security operations provider, to expand its Managed Detection and Response (MDR) services and assist clients in cybersecurity risk management. This collaboration aims to simplify the process for clients worldwide to prepare for and defend against cybersecurity threats.

JPMorgan Chase Celebrates 90 Years of Service in Detroit and Commits $200 Million to Economic Recovery

JPMorgan Chase & Co. is marking its 90th anniversary of service in Detroit and the 10th anniversary of its commitment to support the city's economic recovery. The bank has pledged over $200 million to aid in the revitalization of Detroit, with a particular focus on skills training and job creation.