Big Tech

Google and Justice Department to Present Closing Arguments in Antitrust Case
Google and Justice Department to Present Closing Arguments in Antitrust Case
May 30, 2025  |  ANTITRUST

Google and the Department of Justice are set to present their closing arguments Friday (May 30) in an antitrust case that could force the tech...

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Ex-CFPB Director Chopra Says ‘Big Tech’ Shouldn’t Issue Stablecoins
Ex-CFPB Director Chopra Says ‘Big Tech’ Shouldn’t Issue Stablecoins
May 29, 2025  |  Cryptocurrency

Does the U.S. consumer have a potential stablecoin problem? Rohit Chopra, who was the third director of the Consumer Financial Protection Bureau (CFPB) and previous...

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Drumbeat Gets Louder for Nonbank Regulations
Drumbeat Gets Louder for Nonbank Regulations
May 27, 2025  |  Regulation

Nonbanks have risen in stature and as key players in the global financial system, especially in the wake of the Great Recession earlier in the...

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Big Tech’s Enterprise Cloud Launches Move AI From Feature to Framework
Big Tech’s Enterprise Cloud Launches Move AI From Feature to Framework
May 21, 2025  |  Artificial Intelligence

Dynamic and uncertain times can help build nimble companies. Modern finance, IT and treasury departments are under pressure to manage a range of workloads. From...

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Report: Meta Delays Rollout of Behemoth AI Model Amid Performance Concerns
Report: Meta Delays Rollout of Behemoth AI Model Amid Performance Concerns
May 15, 2025  |  Artificial Intelligence

Meta reportedly delayed the rollout of its flagship artificial intelligence model called Behemoth. The company internally planned to release Behemoth in April, later pushed the...

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Microsoft to Retire Bing Search APIs, Promote Azure AI Agents
Microsoft to Retire Bing Search APIs, Promote Azure AI Agents
May 15, 2025  |  Big Tech

Microsoft said Monday (May 12) that it will retire Bing Search APIs on Aug. 11. “Any existing instances of Bing Search APIs will be decommissioned...

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Microsoft to Cut 3% of Workforce While Reducing Management Layers
Microsoft to Cut 3% of Workforce While Reducing Management Layers
May 13, 2025  |  Personnel

Microsoft is reportedly laying off 3% of its workforce, or about 6,000 employees, to reduce the number of management layers. The job cuts are not...

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House Committee Aims to Ban States From Regulating AI
House Committee Aims to Ban States From Regulating AI
May 12, 2025  |  Artificial Intelligence

A House committee is reportedly trying to add language to President Donald Trump’s tax and spending bill that would prevent states from regulating artificial intelligence....

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SoftBank’s Stargate AI Investment Could Be Grounded by Tariff Worries
SoftBank’s Stargate AI Investment Could Be Grounded by Tariff Worries
May 12, 2025  |  Economy

SoftBank’s lofty artificial intelligence ambitions are reportedly colliding with the harsh reality of tariffs. The Japanese conglomerate’s plan to invest $100 billion in AI infrastructure...

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