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Amazon cancels $1.45bn iRobot deal over EU threat to block deal
Amazon announced on Monday that it had cancelled its $1.45bn purchase of Roomba manufacturer iRobot, as EU regulators were preparing to block the deal over concerns about competition.
In a Monday statement, David Zapolsky Amazon senior…
British inventors seek to bite Apple for $18bn in patent war
As a plumber tycoon Patrick Racz had become accustomed to deluges. But circumstances led to a very different kind of drenching, sitting in his local park in the rain contemplating the demise of his business during the dotcom crash. "I lost…
OpenAI warns that a crackdown on copyright could lead to the demise of ChatGPT
The creator of ChatGPT warned that , a ban on the use of news and books for training chatbots, would doom artificial intelligence development.
OpenAI told colleagues that it would "be impossible" for it to create services like ChatGPT,…
Apple’s services business, worth $85bn a year, faces legal consequences
Apple will face a legal reckoning by 2024. A series of regulatory decisions made by US and EU authorities in the next few months will determine the future for its $85bn services business.
Apple's biggest blow could be a US antitrust case…
Apple resumes US Watch sales after court order suspends ban
Apple has resumed sales of its Watch Series 9 & Ultra 2 in the US after an appeals tribunal halted the ban imposed by a trade court. This is the latest development in a patent dispute with health technology company Masimo.
Apple…
Peter Hargreaves Blue Whale’s profits drop on tech bets
Blue Whale Capital, a fund group founded by billionaire Peter Hargreaves and co-founded with him, reported a decline in revenue as well as profit after the sharp sell-off of tech stocks in the last year.
The Blue Whale Growth Fund…
Apple stops US Watch sales before Christmas following patent loss
Apple will cease selling smartwatches in its own US stores by Christmas, after losing a case of patent infringement. This is a major blow to the company during the holiday season.
Sales of Apple Watch Series 9 and Ultra 2 will be stopped…
Scientists say a breakthrough in weather forecasting could be revolutionary
Creators of the new technology say it could revolutionise forecasting.
Google Deepmind's new technology allows 10-day forecasts to produced in less than a minute. Deepmind claims that the technology is able to produce weather forecasts…
Solar panel record broken with “miracle material”
Researchers have developed a miracle material that has broken the record for solar panels electricity generation.
Longi, a Chinese solar technology company, has set a new record of 33.9% for a tandem silicon-perovskite solar cell. This…