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Apple Faces Regulatory Maze for AI Integration in Chinese Market
Apple's ambitious plans to implement artificial intelligence features on iPhones in China have encountered significant regulatory hurdles, with Beijing officials signalling a complex approval process ahead for foreign companies operating…
Nvidia Shares Falter Despite Staggering AI Driven Profit Growth
The world's most valuable chipmaker, Nvidia, has reported spectacular quarterly results, with sales soaring 94% year-on-year to $35.1 billion, surpassing market expectations of $33.2 billion. The company's net profit demonstrated remarkable…
US Justice Department Seeks Major Breakup of Google Search Empire
The US Department of Justice is poised to demand significant divestitures from Google, including potential separation of its Chrome browser or Android mobile operating system, in a landmark effort to curtail the tech giant's dominance in…
Nvidias Revenue Soars as Global AI Chip Demand Continues to Surge
The world's most valuable company, Nvidia, has demonstrated remarkable financial performance with revenue nearly doubling in its latest quarterly report, driven by unprecedented demand for artificial intelligence infrastructure.
The tech…
Meta Hit With Massive EU Fine Over Facebook Marketplace Competition Breach
The European Commission has slapped Meta Platforms with a €797.72 million (£663 million) fine for what it deems "abusive practices" concerning its Facebook Marketplace service. The regulatory body asserts that Meta violated competition…
Apple Takes Bold Stance on AI Smart Home Innovation With New Hub Plans
Apple is positioning itself for a significant push into the artificial intelligence-driven smart home market, with plans to launch a new wall-mounted hub device in 2025. The technology giant's strategic move signals its renewed commitment…
US Federal Trade Commission to Launch Microsoft Cloud Computing Investigation
The Federal Trade Commission (FTC) is poised to initiate an investigation into Microsoft's cloud computing practices, examining potential anti-competitive behaviour in a move that signals continued regulatory pressure on Big Tech during the…
Apple Faces £3 Billion Pound Legal Battle Over iCloud Storage Monopoly Claims in Britain
Apple, the tech giant, is confronting a substantial £3 billion lawsuit in the United Kingdom amid allegations of competition law breaches concerning its iCloud storage service. Consumer advocacy group Which? has initiated legal proceedings,…
Apple Signals Future Products May Not Match iPhone Profit Success
In a significant shift in corporate messaging, Apple has cautioned its investors that upcoming products might struggle to achieve the remarkable profit margins established by its flagship iPhone business. The warning comes as the tech giant…
Amazon Cloud Business Soars as AI Demand Fuels Record Investment and Growth
Amazon's quarterly revenues have witnessed a remarkable surge, driven by what CEO Andy Jassy describes as a "once in a lifetime opportunity" in generative artificial intelligence, coupled with robust advertising demand. The tech giant's…
Intel Records Massive 187 Billion Dollar Restructuring and Asset Impairment Charges as Share Price…
Intel has unveiled an extensive restructuring programme, announcing $18.7bn in charges as the technology giant aims to revitalise its competitive position in the global chipmaking industry. The company's shares surged 10 per cent in…
Apple Shares Dip Despite Strong Earnings as AI Features Begin Global Rollout
Apple's shares experienced a 1.9 per cent decline in after-hours trading following a cautious outlook for the holiday quarter, despite reporting solid financial results. The tech giant's forecast of low to mid-single-digit revenue growth…
Microsoft Quarterly Profits Soar as AI Investment Strategy Delivers Strong Returns
Microsoft's substantial investment in artificial intelligence technology has yielded impressive returns, with quarterly sales climbing 16 per cent to £65.6 billion, surpassing Wall Street's expectations.
The tech giant's Azure cloud…
Google Parent Alphabet Reports Extraordinary AI Driven Profit Surge in Quarter Three
Alphabet, Google's parent company, has surpassed Wall Street's profit and revenue projections as artificial intelligence technology continues to fuel substantial growth across its core businesses. The tech giant reported a remarkable 33.6…
Alphabet Profit Skyrockets on Cloud Expansion and AI Demand
Alphabet Inc, the parent company of Google, has announced a striking 34 per cent rise in profit for the third quarter. This growth is largely attributed to the expansion of their cloud services, which are in high demand for computing and…
UK Government Urged to Simplify Visa Process for AI Experts
The UK government faces calls to streamline its visa process for experts in artificial intelligence, aiming to bolster the nation's burgeoning tech sector. A report commissioned by the government and authored by venture capitalist Matt…
Microsoft accuses Google’shadow campaigns’to undermine Microsoft’s business
Microsoft accused Google of "shadow campaigns" to undermine Microsoft's position with politicians and regulators. This is the latest example of escalating rivalry between tech giants when it comes to cloud computing and data centers.…
TikTok’s owner fires an intern after he allegedly sabotaged AI project
Owner of TikTok sacked intern for allegedly sabotaging a project on artificial intelligence.
ByteDance stated that the person was dismissed in August for "maliciously interfering" with the training artificial intelligence models (AI)…