The European Union agreed a 43-billion-euro ($47 billion) chip subsidies plan on Tuesday but the relatively modest budget, lack of a domestic market for cutting-edge chips and red tape could hamper efforts to catch up with the United States and Asia.
Public broadcasters ranging from U.S.-based National Public Radio to Canadian Broadcasting Corp have stopped posting on Twitter in recent days after the Elon Musk-owned social media platform labeled their accounts as “government-funded”.
The European Union has agreed a 43-billion-euro ($47 billion) plan to boost its semiconductor industry to try to catch up with the United States and Asia, EU industry chief Thierry Breton said on Tuesday.
U.S.-listed shares of Canadian fintech Nuvei Corp fell roughly 2% after short seller Spruce Point Capital Management LLC alleged on Tuesday a recent acquisition is obscuring the firm’s growth challenges.
The European Commission on Tuesday announced a 1.1-billion-euro ($1.2 billion) plan to counter growing cybersecurity threats, underscoring mounting concerns about a series of high-profile hacking incidents.
Microsoft Corp is developing its own artificial intelligence chip code-named “Athena” that will power the technology behind AI chatbots like ChatGPT, the Information reported on Tuesday, citing two people familiar with the matter.
Broadcom Inc on Tuesday released a new chip for wiring together supercomputers for artificial intelligence (AI) work using networking technology that is already in wide use.
India is planning to appeal against a ruling from a panel at the World Trade Organization (WTO) that the Asian country violated global trading rules by imposing tariffs on some IT products, a government source said.
Swedish Radio announced on Tuesday it was quitting Twitter, the first major European public broadcaster to join three from North America that abandoned the social media platform in the past week.
Russia is “not yet” planning to block Wikipedia, its minister of digital affairs said on Tuesday as a Moscow court handed the online encyclopaedia another fine for failing to remove content Russia deems illegal.
