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Apple to Adopt Voluntary AI Safeguards Established by White House
Apple has agreed to a set of voluntary safeguards for artificial intelligence crafted by US President Joe Biden's administration, joining firms like OpenAI, Amazon, Alphabet, Meta, Microsoft and others in committing to test their AI systems for any discriminatory tendencies, security flaws or national security risks.
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Apple Gets Sued by the US DOJ; Accused of Illegal Monopoly in Smartphone Market
The US Department of Justice and 15 states on Thursday sued Apple as the government cracks down on Big Tech, alleging the iPhone maker monopolized the smartphone market, hurt smaller rivals and drove up prices. Apple joins competitors sued by regulators, including Alphabet's Google, Meta Platforms and Amazon.com.
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Nvidia Market Cap Threatens Google Parent Alphabet After Overtaking Amazon
Nvidia came close to overtaking Google parent Alphabet on Tuesday as Wall Street's third most valuable company. The chipmaker overtook Amazon for the first time in two decades, with a higher market capitalisation than the US e-commerce giant. Nvidia has benefitted the most amid an ongoing race among technology companies to build AI into their produ...
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US Antitrust Body Wants OpenAI, Microsoft, Amazon To Share Partnership Info
The U.S. Federal Trade Commission said on Thursday it had ordered OpenAI, Microsoft, Alphabet, Amazon and Anthropic to provide information on recent investments and partnerships involving generative AI companies and cloud service providers.
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UK Regulator Plans To Make Tech Giants Give Greater Data Access To Rivals
Britain's competition regulator plans to make big tech companies give their rivals greater access to data and limit them from promoting their products under new powers it is due to receive from the government, it said on Thursday.
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Google, Amazon Do Not Need To Comply With An Italian rule: EU Court Adviser
Alphabet's Google, Amazon and Airbnb need not comply with an Italian rule requiring them to provide information on the companies as they are already subject to laws in Ireland and Luxembourg where they are located, an adviser to EU's top court said.
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Amazon Announces New AI Chip for AWS Amid Competition With Microsoft
Amazon.com on Tuesday announced a new artificial intelligence chip for its cloud computing service as competition with Microsoft to dominate the market for artificial intelligence heats up. At a conference in Las Vegas, Amazon Web Services (AWS) Chief Executive Adam Selipsky announced Trainium2, the second generation of chip designed for training A...
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Amazon Announced Layoffs in Alexa Voice Assistant Unit to Focus on Gen AI
Amazon.com on Friday announced it is trimming jobs at its Alexa voice assistant unit, citing shifting business priorities and a greater focus on generative artificial intelligence. The cuts affect several hundred employees working on Alexa, according to the email. A spokeswoman declined to elaborate on exactly how many were affected.
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Microsoft, Google and Meta Among Big Tech Firms Set to Face Overhaul Under New EU Tech Rules: Details
Google, Microsoft, Amazon, Meta, Apple, and ByteDance are some of the 22 firms that have been designated as "gatekeeper" services under the new EU Digital Markets Act (DMA). Once the EU labels a business a 'gatekeeper', it will need to make its service interoperate with rivals and let users decide which apps to pre-install on their devices. Here's ...
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Apple, Amazon, Microsoft, Other Arm Clients Turn Chip Firm's IPO Into Tug of War for Semiconductor Influence
A scramble among Arm Holdings's clients, including Apple, Amazon, Intel, Nvidia, Alphabet, Microsoft, Samsung Electronics and TSMC, to snap up shares in its initial public offering (IPO) is testing the semiconductor designer's adherence to not picking sides in the chip industry.
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Microsoft Result Puts AI in Spotlight, Creates Worry for Big Tech
A number of US big tech companies fell on Wednesday as Microsoft's results signaled how the high-stakes battle for AI supremacy will cost the tech giants that have seen their shares rally in recent months on hype around the technology. Microsoft's shares fell 3.6 percent in early trading as the company laid out an aggressive AI-related spending pla...
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US Antitrust Regulators Plan Tougher Big Tech Merger Guidelines
New draft guidelines released by U.S. antitrust enforcers on Wednesday lay the groundwork for tougher scrutiny of planned mergers by Big Tech companies like Amazon and Alphabet's Google. The Biden administration has taken a tougher stance on mergers, filing some aggressive challenges. It had two court losses just last week.
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White House Partners With Amazon, Google and Best Buy for Cybersecurity Labeling Initiative for Smart Devices
The White House on Tuesday along with companies such as Amazon, Alphabet's Google and Best Buy will announce an initiative that allows Americans to identify devices that are less vulnerable to cyberattacks.
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Amazon, Google, Apple, Meta, Microsoft Tell European Commission They Meet New EU Tech Gatekeeper Status
Alphabet's Google, Amazon, Apple, Meta Platforms and Microsoft have notified the European Commission that they qualify as gatekeepers under the new Digital Markets Act (DMA) which came into force last November.
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Amazon, Google, Apple, Meta, Microsoft Say They Meet EU Gatekeeper Status
Alphabet's Google, Amazon, Apple, Meta Platforms and Microsoft have notified the European Commission that they qualify as gatekeepers under new EU tech rules, EU industry chief Thierry Breton said on Tuesday.
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Apple to Adopt Voluntary AI Safeguards Established by White House
Apple has agreed to a set of voluntary safeguards for artificial intelligence crafted by US President Joe Biden's administration, joining firms like OpenAI, Amazon, Alphabet, Meta, Microsoft and others in committing to test their AI systems for any discriminatory tendencies, security flaws or national security risks.
-
Apple Gets Sued by the US DOJ; Accused of Illegal Monopoly in Smartphone Market
The US Department of Justice and 15 states on Thursday sued Apple as the government cracks down on Big Tech, alleging the iPhone maker monopolized the smartphone market, hurt smaller rivals and drove up prices. Apple joins competitors sued by regulators, including Alphabet's Google, Meta Platforms and Amazon.com.
-
Nvidia Market Cap Threatens Google Parent Alphabet After Overtaking Amazon
Nvidia came close to overtaking Google parent Alphabet on Tuesday as Wall Street's third most valuable company. The chipmaker overtook Amazon for the first time in two decades, with a higher market capitalisation than the US e-commerce giant. Nvidia has benefitted the most amid an ongoing race among technology companies to build AI into their produ...
-
US Antitrust Body Wants OpenAI, Microsoft, Amazon To Share Partnership Info
The U.S. Federal Trade Commission said on Thursday it had ordered OpenAI, Microsoft, Alphabet, Amazon and Anthropic to provide information on recent investments and partnerships involving generative AI companies and cloud service providers.
-
UK Regulator Plans To Make Tech Giants Give Greater Data Access To Rivals
Britain's competition regulator plans to make big tech companies give their rivals greater access to data and limit them from promoting their products under new powers it is due to receive from the government, it said on Thursday.
-
Google, Amazon Do Not Need To Comply With An Italian rule: EU Court Adviser
Alphabet's Google, Amazon and Airbnb need not comply with an Italian rule requiring them to provide information on the companies as they are already subject to laws in Ireland and Luxembourg where they are located, an adviser to EU's top court said.
-
Amazon Announces New AI Chip for AWS Amid Competition With Microsoft
Amazon.com on Tuesday announced a new artificial intelligence chip for its cloud computing service as competition with Microsoft to dominate the market for artificial intelligence heats up. At a conference in Las Vegas, Amazon Web Services (AWS) Chief Executive Adam Selipsky announced Trainium2, the second generation of chip designed for training A...
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Amazon Announced Layoffs in Alexa Voice Assistant Unit to Focus on Gen AI
Amazon.com on Friday announced it is trimming jobs at its Alexa voice assistant unit, citing shifting business priorities and a greater focus on generative artificial intelligence. The cuts affect several hundred employees working on Alexa, according to the email. A spokeswoman declined to elaborate on exactly how many were affected.
-
Microsoft, Google and Meta Among Big Tech Firms Set to Face Overhaul Under New EU Tech Rules: Details
Google, Microsoft, Amazon, Meta, Apple, and ByteDance are some of the 22 firms that have been designated as "gatekeeper" services under the new EU Digital Markets Act (DMA). Once the EU labels a business a 'gatekeeper', it will need to make its service interoperate with rivals and let users decide which apps to pre-install on their devices. Here's ...
-
Apple, Amazon, Microsoft, Other Arm Clients Turn Chip Firm's IPO Into Tug of War for Semiconductor Influence
A scramble among Arm Holdings's clients, including Apple, Amazon, Intel, Nvidia, Alphabet, Microsoft, Samsung Electronics and TSMC, to snap up shares in its initial public offering (IPO) is testing the semiconductor designer's adherence to not picking sides in the chip industry.
-
Microsoft Result Puts AI in Spotlight, Creates Worry for Big Tech
A number of US big tech companies fell on Wednesday as Microsoft's results signaled how the high-stakes battle for AI supremacy will cost the tech giants that have seen their shares rally in recent months on hype around the technology. Microsoft's shares fell 3.6 percent in early trading as the company laid out an aggressive AI-related spending pla...
-
US Antitrust Regulators Plan Tougher Big Tech Merger Guidelines
New draft guidelines released by U.S. antitrust enforcers on Wednesday lay the groundwork for tougher scrutiny of planned mergers by Big Tech companies like Amazon and Alphabet's Google. The Biden administration has taken a tougher stance on mergers, filing some aggressive challenges. It had two court losses just last week.
-
White House Partners With Amazon, Google and Best Buy for Cybersecurity Labeling Initiative for Smart Devices
The White House on Tuesday along with companies such as Amazon, Alphabet's Google and Best Buy will announce an initiative that allows Americans to identify devices that are less vulnerable to cyberattacks.
-
Amazon, Google, Apple, Meta, Microsoft Tell European Commission They Meet New EU Tech Gatekeeper Status
Alphabet's Google, Amazon, Apple, Meta Platforms and Microsoft have notified the European Commission that they qualify as gatekeepers under the new Digital Markets Act (DMA) which came into force last November.
-
Amazon, Google, Apple, Meta, Microsoft Say They Meet EU Gatekeeper Status
Alphabet's Google, Amazon, Apple, Meta Platforms and Microsoft have notified the European Commission that they qualify as gatekeepers under new EU tech rules, EU industry chief Thierry Breton said on Tuesday.
