Apple Withdraws from OpenAI’s $6.5 Billion Funding Round
Apple has pulled out of discussions to participate in OpenAI’s funding round, which is expected to raise up to $6.5 billion, just before the deal’s closure, according to a report…
Epic Games accuses Samsung and Google of blocking rival app stores
Epic Games has accused Samsung and Google of colluding to stifle competition and restrict user choice in a lawsuit filed on Monday. The legal action claims that Samsung’s Auto Blocker…
Meta Faces $106 Million Fine for Storing Facebook Passwords in Plaintext
Meta has been fined €91 million (around $106 million) by the Irish Data Protection Commissioner (DPC) for storing user passwords in plaintext, violating the EU’s General Data Protection Regulation (GDPR).…
YouTube Blocks Music by Adele, Bob Dylan, and Others Due to SESAC Dispute
Since Saturday, numerous YouTube and YouTube Music videos featuring music from renowned artists like Adele, Green Day, Bob Dylan, Kendrick Lamar, Britney Spears, Kanye West, and Burna Boy have become…
Cerebras Announces IPO Plans to Compete with Nvidia in AI Market
Artificial intelligence chipmaker Cerebras Systems has filed for an initial public offering (IPO), aiming to trade under the ticker symbol “CBRS” on the Nasdaq. The company, founded in 2016 and…
Nio to Invest US$1.9 Billion in China Unit as EV Expansion Continues
Chinese electric vehicle (EV) manufacturer Nio Inc. is set to inject 13.3 billion yuan (US$1.9 billion) into its China unit through a combination of its own funds and contributions from…
Judge Refuses Apple’s Plea for Extra Time in Epic Document Submission
Judge Thomas S. Hixson has rejected Apple’s last-minute request to delay its deadline in a legal dispute with Epic Games, according to The Verge. Apple had been ordered to produce…
Governor Newsom Rejects AI Bill Designed to Prevent Harm
California Governor Gavin Newsom has vetoed SB 1047, a proposed law designed to regulate AI systems and prevent potential disasters caused by the misuse of artificial intelligence. This bill, which…
Micron’s Impressive Forecast Sparks Global Chip Market Rally
Global chip stocks saw a significant rally on Thursday following U.S. semiconductor maker Micron’s revenue guidance, which surpassed market expectations. Micron projected revenue of $8.7 billion, plus or minus $200…
X Must Pay $1.9M Fine to End Brazil Ban
X, previously known as Twitter, may soon be allowed to operate again in Brazil, but only if it pays an additional fine of 10 million reais (about $1.9 million). This…
CATL Confirms Small Disruption After Battery Plant Fire in Ningde
China’s Contemporary Amperex Technology Co. Ltd. (CATL) announced that a fire at its battery factory in Fujian province has caused limited disruption to production, with a relatively small number of…
Alibaba and Tencent Surge as Beijing Stimulus Boosts Tech Stocks to 13-Month High
Chinese tech stocks saw a notable surge this week, with companies like Alibaba and Tencent hitting levels not seen in over a year. This rally comes on the heels of…
Google and Roblox Launch New Game to Teach Internet Safety
Google has partnered with Roblox to launch a new gaming world designed to teach kids how to navigate the internet safely. The initiative, called Be Internet Awesome World, introduces players…
Google Maps Cracks Down on Businesses Posting Fake Reviews
Google Maps has ramped up its efforts to tackle fake reviews on its platform by introducing new restrictions and warnings for business profiles involved in such activity. Businesses that violate…
China, South Korea, Taiwan Lead Global Chip Equipment Spending for 2025-2027
China, South Korea, and Taiwan are expected to lead semiconductor manufacturing investments between 2025 and 2027, according to estimates from global industry association SEMI. Semiconductor manufacturers are forecasted to spend…
Disney+ Crackdown on Account Sharing Now in Effect in the US
Disney has announced a new measure aimed at limiting password sharing among its streaming service subscribers, introducing a “Paid Sharing” feature. This comes as part of the company’s broader strategy…
DoNotPay Fined $193K as FTC Takes Action Against AI Legal Claims
The Federal Trade Commission (FTC) has launched a new enforcement initiative called Operation AI Comply, targeting companies that have used artificial intelligence (AI) to support deceptive products and services. As…
Amazon Employees Urge Reversal of New In-Office Work Mandate
Amazon employees are pushing back against CEO Andy Jassy’s decision to enforce a five-day return-to-office (RTO) mandate starting in 2025, expressing dissatisfaction through an anonymous survey, Fortune reports. The internal…
Nintendo Museum Set to Open, Featuring Super Mario and Game Boy History
Nintendo will open a museum next week, showcasing its history and offering fans of “Super Mario,” “The Legend of Zelda,” and the Game Boy a deeper look into the renowned…
Political Consultant Fined $6 Million by FCC for Deepfake Robocalls Featuring President Biden
The Federal Communications Commission (FCC) has fined political consultant Steven Kramer $6 million for using deepfake AI technology to create illegal robocalls during the 2024 New Hampshire presidential primaries. These…