Qualcomm has reached out to the struggling chipmaker Intel regarding a potential takeover. However, it remains uncertain whether Intel has entered into discussions with Qualcomm or what the specific terms of any potential deal would be, according to a source familiar with the situation who requested anonymity due to the ...
Read More »Google Prevails in Court Challenge Against EU’s $1.7 Billion Antitrust Fine for Ad Product
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 ...
Read More »Taylor Swift and Drake’s Record Label UMG Secures Fresh Licensing Agreement with TikTok to Resolve Dispute
In a move aimed at resolving tensions between the two entities, Universal Music Group (UMG), the record label representing renowned music icons such as Taylor Swift and Drake, has reached a fresh licensing agreement with TikTok. This agreement signals the end of a dispute that had arisen between the two ...
Read More »Supreme Court Declines Elon Musk’s Agreement with SEC to Monitor Social Media Posts
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 ...
Read More »Microsoft to Introduce New Windows and Cloud AI Enhancements in May
Microsoft is set to introduce new AI tools for PCs and cloud platforms at its annual Build conference, as indicated by a session schedule released on Wednesday. Earlier in January, Microsoft CEO Satya Nadella informed analysts that 2024 would mark the year when “AI will become a fundamental component of ...
Read More »Microsoft to globally split Teams and Office in response to antitrust scrutiny
Microsoft announced on Monday that it will be selling its chat and video app, Teams, separately from its Office product on a global scale. This decision comes six months after the company unbundled the two products in Europe, aiming to avoid a potential EU antitrust penalty. The European Commission has ...
Read More »Electronic Arts (EA) to reduce workforce by 5%, equating to approximately 670 job cuts
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 ...
Read More »Tech Giants, Including Microsoft, Google, and Amazon, Join Forces to Tackle Election-Related Deepfakes
On Friday, a consortium of 20 prominent technology firms unveiled a collective pledge to confront the issue of AI misinformation in the upcoming elections. Their focus centers on countering deepfakes, a technology that employs misleading audio, video, and images to replicate influential figures involved in democratic elections or disseminate inaccurate ...
Read More »Bitcoin Surges Past $47,000 in Impressive Comeback to Conclude the Week
Bitcoin concluded the week on a strong note, as its price surged above the $47,000 mark, marking the first time it has reached this level since the commencement of spot bitcoin exchange-traded funds. According to Coin Metrics, the leading cryptocurrency recorded a gain of over 3%, reaching $46,922.18. Additionally, Ether ...
Read More »Apple Unveils Vision Pro Virtual Reality Headset in the United States
The official launch of Apple’s Vision Pro virtual reality headset took place in the United States on Friday. Those who had preordered the headset can now either receive it through delivery or pick it up at designated Apple Store locations. To mark the occasion, Apple CEO Tim Cook made an ...
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