Technology News

Intel receives a lifeline in its battle against a €1 billion fine from Brussels.

Intel gains a potential reprieve in its battle against a €1 billion fine from the European Commission as an adviser to Europe’s top court identifies flaws in the case presented by antitrust regulators. Laila Medina, an advocate-general for the European Court of Justice, highlighted on Wednesday that the commission had erred in calculating the damage […]

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The valuation of Apple stock appears high compared to the other members of the ‘Magnificent Seven.’

Apple Inc.’s stock, which performed well in 2023, is starting 2024 with challenges that raise concerns about its valuation for investors. The company has shifted into a slow-growth phase, experiencing a lack of year-over-year revenue growth in the past four quarters, primarily relying on its iPhone business, which faces innovation stagnation, affecting consumer device upgrades

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EU Amplifies Focus on Major Platforms Regarding Data Access for Risk Research

The European Commission has sent requests for information (RFI) to 17 platforms subject to algorithmic transparency regulations under the bloc’s Digital Services Act (DSA), it said today. These asks are specifically in relation to requirements that platforms provide data access to researchers investigating systemic risks in the European Union. The list of so-called very large

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The surge in preorders for Solana Mobile’s second phone reflects an overwhelming buying frenzy.

Solana Mobile is making waves after unveiling its second web3 phone, named “Chapter 2,” this week. While its initial handset, Saga, experienced a gradual surge in sales that eventually led to a complete sellout in the U.S. and European Union, the Chapter 2 is witnessing a significantly faster depletion.   The demand for Chapter 2

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In 2024, these major players in the technology industry aim to secure the most significant market share in the field of artificial intelligence.

It’s challenging to envision a repetition of the remarkable year the chip and technology sector experienced in 2023, but both financial and technology analyst groups almost universally agree that 2024 is poised to be just as impressive.   Driven by the increasing demand for computing power, especially with the surge of AI, chip companies are

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This Lawsuit Against AI Companies Might Revolutionize Copyright Cases

Close to a dozen copyright infringement cases were filed against various AI companies in 2023, but one particular lawsuit stands out for its potential wide-reaching implications.   The New York Times filed a copyright infringement case against privately held OpenAI and its partner/investor Microsoft Corp. in late December 2023. This lawsuit has the potential to

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Apple Announces Closure of 121-Member San Diego AI Team as Part of Organizational Restructuring

Apple Inc. is set to disband a 121-person artificial intelligence (AI) team in San Diego, putting numerous employees at risk of termination, according to insiders. The group, known as Data Operations Annotations, has been informed that they may relocate to Austin and merge with the Texas segment of the team. Employees have until the end

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