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
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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
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
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?
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
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
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
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
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
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
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
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
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
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
Intel has cancelled plans to build a €30bn microchip plant in Germany, a blow for Europe’s technological plans. The US chipmaking company said that it would postpone construction of a
BlackRock and Microsoft are preparing to launch an artificial intelligence fund worth more than $30 billion to help meet the growing demand for AI. The fund will be used to
