5/24/2022, 3:44 PM (Source: TeleTrader)
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Microsoft's Nadella: Tech firms need more regulation

Large technology companies are likely to be subject to severer regulatory scrutiny in the future, Microsoft Corporation Chairman and CEO Satya Nadella said on Tuesday.

"We need more regulation," Nadella stated during an interview at the World Economic Forum, adding that it is more difficult to "change things later when the change" needs to occur on a larger scale.

The tech giant's chief praised the developments made in regard to the so-called cloud and artificial intelligence, pointing out that the internet has enabled the Ukrainian government to operate without disruptions during the Russian invasion.

Baha Breaking News (BBN) / BU