On Wednesday, the European Union’s second-highest court ruled in favor of Google, stating that the €1.5 billion ($1.7 billion) fine imposed on the tech giant by regulators should be annulled following its challenge to the ruling. The case originates from 2019 when the European Commission, the executive branch of the ...

On Friday, Russian President Vladimir Putin outlined the prerequisites for initiating peace talks with Ukraine, marking over two years since Russia’s comprehensive invasion. As reported via a Google-translated Telegram post by the Russian state news agency Tass, Putin’s conditions demand that Ukrainian forces fully withdraw from the regions of Donetsk, ...

On Wednesday, shares of SoftBank Group surged by as much as 6.3% in response to a report indicating that Elliott Management had amassed a significant stake in the Japanese technology conglomerate and was advocating for stock repurchases. According to a report from the Financial Times, Elliott is advocating for $15 ...

Poland’s Prime Minister announced on Saturday a significant investment of 10 billion zlotys, equivalent to $2.55 billion, towards fortifying its eastern border. The initiative aims to strengthen the country’s defenses amid growing concerns about perceived threats emanating from Russia and Belarus. Tensions have escalated along Poland’s border with Belarus since ...

During an interview with CNBC’s Deirdre Bosa on Tuesday, Alphabet CEO Sundar Pichai stated that Google would take action if it discovers that Microsoft-backed OpenAI utilized YouTube content to train an AI model capable of generating videos. Pichai’s remarks follow OpenAI’s technology chief Mira Murati’s uncertainty, expressed in March to ...

Washington – On Monday, the Supreme Court dismissed a bid by tech mogul and Tesla’s CEO, Elon Musk, to contest the conditions of a settlement he had made with the Securities and Exchange Commission (SEC). This settlement mandated that a lawyer vet certain social media posts made by Musk. The ...

In a recent announcement, American Airlines revealed that delays in Boeing’s 787 Dreamliner deliveries have led to the necessity of reducing certain long-haul flights from the latter half of this year into early 2025. This adjustment marks the latest alteration in the airline’s schedule due to challenges linked to Boeing’s ...

On Friday night, the Bitcoin network halved the rewards given to miners for the fourth time since its inception. This anticipated event occurs roughly every four years as per the Bitcoin protocol, aiming to reduce the rate of Bitcoin issuance. This creates a scarcity, reinforcing Bitcoin’s digital gold-like nature. Speculative ...

OpenAI CEO Sam Altman has clarified that he holds no equity in the $80 billion artificial intelligence startup he co-founded in 2015. However, his ownership in Reddit presents a different scenario. After Reddit’s stock market debut on Thursday, Altman’s stake in the social media platform surged by $200 million, reaching ...

On Wednesday, Electronic Arts revealed its decision to implement a workforce reduction, constituting 5% of its employees. This strategic initiative encompasses not only job cuts but also involves downsizing office spaces and discontinuing development on certain video games. As of the conclusion of March 2023, EA’s workforce stood at 13,400 ...