Microsoft has clinched a deal to settle CISPE’s antitrust complaint about its cloud computing licensing practices, the U.S. tech giant and the trade group said on Wednesday.
The German government and mobile phone carriers have agreed in principle on steps to phase components by Chinese technology companies out of the nation’s 5G wireless network over the next five years, a group of German media outlets reported on Wednesday.
Advanced Micro Devices said on Wednesday it will acquire Finnish artificial intelligence startup Silo AI for about $665 million in cash as the company tries to enhance its AI chip capabilities to compete against industry leader Nvidia.
Samsung Electronics unveiled its latest foldable smartphones on Wednesday, making its priciest flagship model lighter and slimmer and bolstering AI functions as it challenges Apple’s dominance in the premium market.
Manufacturers are deploying planned Generative AI initiatives at a slower-than-anticipated pace on concerns around accuracy, Lucidworks said in a study on Wednesday.
TurboTax-parent Intuit said on Wednesday it will let go of about 1,800 employees, or 10% of its workforce, as it looks to focus on its AI-powered tax preparation software and other financial products.
Russian traders have finalised a share exchange for investors in Yandex, often dubbed Russia’s Google, one of the final steps needed to complete a more than $5 billion deal that will see local investors take control of the bulk of the technology company’s business.
The European Union has designated adult content platform XNXX as a very large online platform (VLOP) under its Digital Services Act (DSA) as it has on average 45 million monthly users in the EU, it said on Wednesday in a statement.
Space startups attracted $2.41 billion in global investments from April to June, marking a third consecutive quarter of growth in funding, according to British investment firm Seraphim Space.
A group of residents in Tokyo said on Wednesday they were aiming to block construction of a massive logistics and data centre planned by Singaporean developer GLP, in a worrying sign for businesses looking to Japan to meet growing demand.
