After more than a decade of leaving Big Tech largely to itself, US antitrust enforcers have cranked up the heat, with several high-profile cases underway that could radically change the way the industry's giants do business.Launched under both the Trump and Biden administrations, five major cases from the Federal Trade Commission (FTC) and the Department of Justice (DOJ) are moving forward against major US technology companies -- including two against Google that could see the company split...
In a meeting that underscores the European Union’s ongoing scrutiny of the tech industry, Margrethe Vestager, the EU’s antitrust chief, held discussions with representatives from the French artificial intelligence (AI) firm Mistral AI on Friday (April 26). The meeting took place against a backdrop of growing concerns regarding competition in the tech sector, with Vestager expressing concern about […]
European Union antitrust chief Margrethe Vestager, who has been looking into Big Tech's partnerships with AI start-ups, met on Friday fast-growing French start-up company Mistral AI and said the sector needs more competition. In February, Microsoft invested $16 million in Mistral AI and partnered with them to make its artificial intelligence models available through its Azure platform. It has also invested in ChatGPT owner OpenAI. Other high-profile AI partnerships include Amazon and Google's...
The European Commission is set to approve Apple's opening up of Apple's NFC platform to third-party mobile wallets as soon as May, which could help save the iPhone maker from a $40 billion fine. NFC in the iPhone is chiefly used for Apple Pay In January, Apple agreed that it would open up its NFC hardware to any developer for the purposes of performing contactless payments. Months later, it appears that European antitrust regulators are close to determining if it's enough to get Apple...
Last month, Congressional appropriators faced sharp criticism from antitrust hawks after a spending package included $45 million cut to the DOJ’s antitrust wing.
Financial Perspectives Inc lifted its position in shares of iShares U.S. Tech Independence Focused ETF (BATS:IETC – Free Report) by 4.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,204 shares of the company’s stock after purchasing an additional 370 shares during […]
United are four games without a win after poor display in Bournemouth draw. It produced a whole new set of issues as Ten Hag battles to save his job. IAN LADYMAN and CHRIS SUTTON have their say on the Premier League's Player of the Year - Listen to the
Big tech share prices were dented by a sector-wide sell-off of risky assets last week, ahead of earnings results for some of the 'Magnificent Seven'.
Our Lee Anderson is on hand once again as emcee Thursday evening for Big Brothers Big Sisters of Central Oregon's 23rd annual Bowl for Kids' Sake fundraiser at Sun Mountain Fun Center. We're happy the organization is a 21 Cares for Kids partner.
Sean Dyche spoke to the media from Goodison Park on Thursday afternoon -
Experts say tech outages do seem to be happening more often.
WILKES-BARRE, LUZERNE COUNTY (WBRE/WYOU) — It was a day to learn about journalism and the media on Friday at Wilkes University. The 23rd annual Tom Bigler Journalism and Media Conference was held on campus. Students from high schools across the region were able to talk with media professionals including 28/22 News I-Team reporter Andy Mehalshick, []