Video game maker Activision Blizzard has been hit with a U.S. lawsuit claiming it restricts competition for organized gaming involving its flagship franchise “Call of Duty.”
Coinbase Global shares jumped closer to a two-year high on Friday after the crypto exchange posted its first quarterly profit since 2021, benefiting from a trading volume surge in the run-up to the approval of spot bitcoin exchange traded funds (ETFs).
Amazon.com has joined rocket maker SpaceX and grocery chain Trader Joe’s in claiming that a U.S. labor agency’s in-house enforcement proceedings violate the U.S. Constitution, as the retail giant faces scores of cases claiming it interfered with workers’ rights to organize.
Europe’s attempt to give workers at Uber , Deliveroo and other online companies more social and labour rights failed a second time after France and three other countries abstained from voting on the watered-down political deal.
OpenAI CEO Sam Altman is working to secure approval from the U.S. government for his new AI chips venture, which could potentially raise national security and antitrust concerns, Bloomberg News reported on Friday.
The head of the United Nations on Friday called for technology firms to stop profiting from the proliferation of toxic content after accusing social media platforms of complicity in fuelling antisemitism, racism and anti-Muslim bigotry.
Ethiopia has signed a preliminary agreement to develop infrastructure for data mining and artificial intelligence training operations, the government’s strategic investment arm said.
India’s technology sector is expected to grow at a slower pace this fiscal year as clients hold back spending and delay decision-making, its main industry body said on Friday.
Applied Materials shares rose 13% in premarket trading on Friday after the semiconductor equipment supplier forecast a better-than-expected second quarter on strong demand from customers looking to make AI-enabled chips.
India’s Paytm Payments Bank has been given more time by the central bank to wind down its operations, while its parent company has signed on a new banking partner to try to keep some of its popular products running and survive its current crisis.
