French antitrust regulators are preparing to charge Nvidia for allegedly anti-competitive practices, people with direct knowledge of the matter said, making it the first enforcer to do so.
The U.S. Supreme Court on Monday threw out a pair of judicial decisions involving challenges to Republican-backed laws in Florida and Texas designed to restrict the power of social media companies to curb content that the platforms deem objectionable.
Italy’s Treasury has picked accounting firm KPMG to put a price tag on PagoPA, a company handling digital payments to the public administration, as it prepares to sell the business to the state mint and postal service Poste Italiane , people close to the matter said.
The Bahamas, the first country in the world to issue a central bank digital currency (CBDC), is now preparing regulations that will require commercial banks to provide access to the e-money in a bid to stimulate adoption, its central bank governor told Reuters.
A workers’ union at Samsung Electronics in South Korea said on Monday it would launch a general strike until its demands for better pay and time off were met, warning of more damaging action against the country’s most powerful conglomerate than its one-day walkout last month.
Mesh, a U.S. fintech whose investors include PayPal Ventures, will provide customers of Italian digital asset wallet Conio access to several leading crypto exchanges, such as Binance or Coinbase, the two companies said on Monday.
Artificial intelligence-focused companies, mostly chipmakers, saw big gains in their market capitalization at the end of June, with Nvidia briefly overtaking Microsoft to become the most valuable company in the world.
Tesla’s June-quarter deliveries likely fell 3.7%, the first time the top EV maker is set to post two straight quarters of decline, as it deals with stiff competition in China and slow demand due to a lack of affordable new models.
Meta Platforms was charged by EU antitrust regulators on Monday for failing to comply with landmark tech rules as they took aim at the U.S. company’s newly introduced pay or consent advertising model, already the target of privacy regulators and activists’ ire.
