Tag - big-tech

 
 

BIG TECH

When Microsoft took a non-voting, observer position on OpenAI's board in November, it triggered unease among antitrust watchdogs in the European Union, Britain and the United States over how much control it exerts over the artificial intelligence startup.
BUSINESS / Companies
Jul 11, 2024
Microsoft ditches OpenAI board observer seat to avert antitrust scrutiny
The move comes amid concerns among British and U.S. antitrust watchdogs over Microsoft's influence over OpenAI and the latter's independence.
Apple CEO Tim Cook speaks during Apple's annual Worldwide Developers Conference in Cupertino, California, on Monday.
BUSINESS / Companies
Jun 11, 2024
Apple's AI push could reinvigorate iPhone sales as customers look to upgrade
Facing choppy consumer spending and resurgent tech rivals, Apple has looked to AI as a way to invigorate its loyal fan base.
An Nvidia Cop. Quantum-X800 InfiniBand Platform on display in Taipei on June 5. Nvidia was already the world's most valuable semiconductor firm. Now, it's become the first computer-chip company ever to hit $3 trillion in market capitalization.
BUSINESS / Markets
Jun 10, 2024
Big Tech is driving the S&P rally. Others will have to step up.
Part of the challenge for tech investors is the stocks are already quite expensive.
Alphabet CFO Ruth Porat
BUSINESS / Companies
Jun 6, 2024
Alphabet taps Eli Lilly executive as new CFO replacing Porat
Anat Ashkenazi will replace Ruth Porat who announced last year she planned to step down.
The U.S. Federal Trade Commission has filed a lawsuit seeking to break up the social networking giant Meta.
BUSINESS / Companies
Jun 5, 2024
Meta withheld information on Instagram and WhatsApp deals, FTC says
The company formerly known as Facebook bought photo-sharing app Instagram in 2012 and the messaging app WhatsApp in 2014.
Google says it will invest $2 billion in Malaysia to develop its first data center and Google Cloud region in the country.
BUSINESS / Companies
May 30, 2024
Google to invest $2 billion in data center and cloud services in Malaysia
The government says the investment will advance Malaysia's digital ambitions.
The main targets of a new bill on smartphone software are the app stores provided by Google and Apple, as consumers effectively have only two choices for smartphone operating systems: Apple's iOS or Google’s Android.
BUSINESS / Tech
May 22, 2024
Japan aims to curb Apple and Google's smartphone app duopoly
A new bill would compel dominant platforms to allow third parties to launch their own app markets and to offer more payment options.
Meta's board of experts is seeking public comments regarding a post criticizing Prime Minister Fumio Kishida on its Threads text messaging app.
JAPAN / Society
May 17, 2024
Meta seeks public opinion on Threads post criticizing Japan's PM
This is the first time the board has examined a case related to Threads.
Entrepreneurs Yusaku Maezawa (second from right) and Takafumi Horie (third from right) attend a study session on fake social media ads and investment scams at the Liberal Democratic Party headquarters in Tokyo on April 10.
JAPAN / Crime & Legal
May 16, 2024
Japanese billionaire sues Meta over investment scams using his image
Yusaku Maezawa is suing Meta for its negligence in regulating the use of his name and image in investment scams on its social media platforms.
Attendees arrive for Microsoft's event on AI technologies in Jakarta on April 30.
BUSINESS / Tech / ANALYSIS
May 11, 2024
Tech giants start to treat Southeast Asia like the next big thing
After decades of playing second fiddle to China and Japan, the region of about 675 million people is drawing more tech investment than ever.
Apple CEO Tim Cook attends the Wonderlust event at the company's headquarters in Cupertino, California, on Sept. 12, 2023.
BUSINESS / Companies
May 3, 2024
Apple unveils record $110 billion buyback as results beat low expectations
Apple's quarterly revenue fell, but less than analysts had expected, and CEO Tim Cook said revenue growth would return in the current quarter.
Amazon’s Just Walk Out technology, which allowed customers to grab grocery items from a shelf and walk out of the store, is reportedly being phased out of its grocery stores.
COMMENTARY / World
May 2, 2024
Amazon's AI stores seemed too magical. And they were.
There are plenty more examples of companies that have failed to mention humans pulling the levers behind supposedly cutting-edge AI technology.
People try out the new iPhone 15 Pro in Shanghai in September 2023.
BUSINESS / Companies
May 2, 2024
Apple tapping AI to boost iPhone demand ahead of expected sales decline
Wall Street expects a slight decline in iPhone sales, and analysts estimate quarterly revenue to fall by the most since the winter of 2022.
Apple and OpenAI have begun discussing terms of a possible agreement on how some artificial intelligence features would be integrated into the next iPhone operating system, sources have said.
BUSINESS / Tech
Apr 27, 2024
Apple intensifies talks with OpenAI for iPhone generative AI features
The latest development comes about a month and a half before an Apple conference where it's poised to introduce new AI software and services.
Four scam victims in Japan have sued Meta over fake online investment ads posted on Facebook that use images of celebrities.
JAPAN / Crime & Legal
Apr 25, 2024
Meta sued in Japan over celebrity investment scams
Social media online hoaxes in Japan led to ¥27.8 billion in losses last year, according to the National Police Agency.
The Fair Trade Commission took an administrative action against Google for using tactics that limited Yahoo Japan’s ability to compete in targeted search ads.
BUSINESS / Tech
Apr 22, 2024
Japan watchdog says Google hurt local rival’s ability to compete
From 2015 to 2022, Google blocked Yahoo Japan from technology needed to receive targeted ad revenue from searches on mobile devices, the FTC said.
One of the lawyers representing a group of doctors suing Google told a news conference that the main purpose of the lawsuit is not to seek compensation but instead to raise awareness over various problems with the Google Maps system.
JAPAN / Crime & Legal
Apr 18, 2024
In a first, Japan doctors sue Google over negative reviews on firm's map app
The suit is the first in Japan — and possibly the world — to target a platform rather than the individuals who posted the reviews, lawyers said.
Japan's Fair Trade Commission may take administrative action against Google over its digital advertising business.
BUSINESS
Apr 16, 2024
Japan FTC may take administrative action against Google
The FTC suspects that Google is unfairly restricting transactions on Yahoo Japan and messaging app Line, in violation of Japan's antimonopoly law.
An Apple store in Shanghai. Apple manufactures iPads, AirPods and Apple Watches in Vietnam and suppliers for MacBooks are also investing in the country.
ASIA PACIFIC / Politics
Apr 11, 2024
Activists press Apple over Vietnam's detention of climate experts
Apple manufactures iPads, AirPods and Apple Watches in Vietnam and suppliers for MacBooks are also investing in the country.
James Manyika, who heads Google’s technology and society team, delivers the keynote address at Google I/O in Mountain View, California, in 2023. OpenAI, Google and Meta ignored corporate policies, altered their own rules and discussed skirting copyright law as they sought online information to train their newest artificial intelligence systems.
BUSINESS / Tech
Apr 8, 2024
How tech giants cut corners to harvest data for AI
The companies’ actions illustrate how online information has increasingly become the lifeblood of the booming AI industry.

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