Google to blame for slower YouTube speeds in Russia, says senior lawmaker

YouTube speeds in Russia are set to sharply decline on desktop computers due Google’s failure to upgrade its equipment in Russia and its refusal to unblock channels of Russian media, a senior lawmaker close to the authorities said on Friday.

Apple Inc has signed U.S. President Joe Biden’s voluntary commitments governing artificial intelligence (AI), joining 15 other firms that have committed to ensuring that AI’s power is not used for destructive purposes, the White House said on Friday.

Turkey will launch a $5 billion package to boost its annual production of electric vehicles to one million cars, President Tayyip Erdogan said on Friday, adding that Ankara would unveil other incentive packages for high tech areas totalling $30 billion.

LinkedIn agreed to pay $6.625 million to settle a proposed class action accusing the Microsoft unit of overcharging advertisers by inflating how many people watched video ads on its platform.

China’s commercial hub Shanghai on Friday announced 100 billion yuan ($13.79 billion) in funds to boost its integrated circuit, biomedicine and artificial intelligence (AI) industries.

U.S. investors continued to pump money into equity funds in the seven days to July 24, shrugging off a technology sector selloff to focus on robust corporate earnings and the possibility of upcoming Federal Reserve interest rate cuts.

Around 80 countries reached agreement on Friday on rules governing global digital commerce including recognition of e-signatures and protection against online fraud, but failed to bring the United States on board.

Charter Communications beat Wall Street estimates for quarterly profit and reported fewer-than-expected broadband subscriber losses on Friday, sending its shares up 7% in premarket trading.

Chinese electric vehicle battery giant CATL recorded faster profit growth in the second quarter, even as EV demand slows in the world’s largest auto market while geopolitical tensions cast clouds over its overseas expansion.

Private equity firm Apollo Funds will take International Game Technology’s gaming and digital business and Everi Holdings private in an all-cash deal that values the combined business at $6.3 billion, the companies said on Friday.

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