Alphabet’s Google has reached an antitrust settlement with U.S. states and consumers, agreeing to pay $700 million and introducing measures to enhance competition in its Play app store. The settlement, subject to final approval by a judge, includes $630 million for a settlement fund for consumers and $70 million for a fund used by states.… Continue reading Google to pay $700 million to U.S. consumers, states in Play store settlement

Apple has decided to temporarily halt U.S. sales of the Apple Watch Series 9 and Apple Watch Ultra 2 due to an intellectual property dispute over the Blood Oxygen feature. The dispute arose from two orders issued by the U.S. International Trade Commission on Oct. 26, restricting Apple’s ability to sell products featuring the Blood… Continue reading Apple to pause some Apple Watch sales after intellectual property dispute

In 2023, Meta, previously facing a crisis, experienced a remarkable turnaround with its shares rising by 178%, on track for its best year ever. This contrasts sharply with the previous year when sales were declining, TikTok was gaining ground, and the metaverse investment appeared financially burdensome. Mark Zuckerberg’s commitment to efficiency in 2023, marked by… Continue reading Meta’s stock wrapping up record year, spurred by cost cuts that followed disastrous 2022

Adobe and Figma, the cloud-based design tool, have announced the termination of their planned $20 billion merger, citing insurmountable regulatory hurdles from the European Commission and the UK Competition and Markets Authority. The decision was communicated through a joint statement where both companies expressed their disagreement with the regulatory findings but deemed it in their… Continue reading Adobe and Figma call off $20 billion merger

Amazon is intensifying efforts to attract China-based sellers amid growing competition from discount online retailers Temu and Shein, both rooted in China. At a conference this week, Amazon announced plans to establish an “innovation center” near Shenzhen, often referred to as China’s Silicon Valley, aiming to support sellers in the Asia-Pacific region in product launches,… Continue reading Amazon courts sellers at China summit as Temu and Shein gain momentum

In a disturbing revelation, TikTok, the Chinese social media platform, has disclosed that fake accounts on its platform have disseminated disinformation related to Russia’s war in Ukraine, reaching millions of users. According to TikTok’s report released on Wednesday, these deceptive posts were specifically crafted to “artificially amplify pro-Russian narratives” about the conflict. The misinformation campaign… Continue reading Fake TikTok accounts spread disinformation on Russia-Ukraine war to millions

Intel unveiled its latest computer chips, introducing Gaudi3, an artificial intelligence chip designed for generative AI software. Set to launch next year, Gaudi3 aims to compete with rival chips from Nvidia and AMD, both major players in the AI hardware market. The announcement reflects Intel’s strategy to challenge Nvidia’s dominance in the AI space, where… Continue reading Intel unveils new AI chip to compete with Nvidia and AMD

Meta, the parent company of Facebook, is set to test a system allowing posts from its microblogging platform, Threads, to appear on other social media services. This move is significant for both Meta and the “fediverse,” a collection of social networks allowing data to flow freely among them. The fediverse, previously comprised mostly of smaller,… Continue reading Zuckerberg says Threads will dip its toe in the ‘fediverse’ as it opens to Europe

LinkedIn has decided to halt its data center technology relocation project, codenamed “Blueshift,” to Microsoft’s Azure cloud, according to sources familiar with the matter. This marks a significant reversal for LinkedIn, which initially announced its plan to migrate to Azure in 2019, three years after Microsoft’s acquisition of the company for $27 billion. Although LinkedIn… Continue reading LinkedIn shelved planned move to Microsoft Azure, opting to keep physical data centers

OpenAI has entered an unprecedented deal with global news publisher Axel Springer, enabling ChatGPT to summarize news stories from outlets like Politico and Business Insider. The partnership allows ChatGPT to provide users with news article summaries, including content from outlets like Bild and Welt that might be limited to subscribers. The deal follows OpenAI’s previous… Continue reading OpenAI and Axel Springer strike unprecedented deal to offer news in ChatGPT

Dutch chip-making equipment manufacturer ASML and South Korean chip giant Samsung Electronics are set to jointly invest 1 trillion South Korean won (approximately $760 million) in the establishment of a cutting-edge semiconductor processing technology plant in South Korea. This significant announcement coincided with the visit of South Korean President Yoon Suk-yeol to the Netherlands, where… Continue reading Samsung and ASML to invest $760 million to build an advanced chip plant in South Korea

Tesla is recalling approximately 2 million vehicles in the U.S. to address concerns related to its Autopilot features. The National Highway Traffic Safety Administration (NHTSA) raised issues regarding the potential confusion and misuse of Autopilot by drivers, leading to a perceived increased risk of collisions in certain circumstances where a feature called Autosteer is engaged.… Continue reading Tesla rolls out software fix after regulators recall more than 2 million cars over Autopilot defect