Big Tech

Report: Apple Stops Development of iPhone Hardware Subscription Program

How Big Tech’s XR Push Could Redefine Both Payments and AI
How Big Tech’s XR Push Could Redefine Both Payments and AI
December 13, 2024  |  Payments Innovation

The connected economy might be making a jump from end-users’ hands to their faces. That is, if Big Tech’s biggest representatives are to be believed....

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Meta Says Foundation Model Gives Virtual Embodied Agents Human-Like Movements
Meta Says Foundation Model Gives Virtual Embodied Agents Human-Like Movements
December 13, 2024  |  Facebook / Meta

Meta has unveiled a foundation model for controlling the behavior of virtual embodied humanoid agents, saying it will enhance the Metaverse. The new Meta Motivo enables...

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Reinventing Payments: Breaking Down Banking Infrastructure to Build a Composable Future
Reinventing Payments: Breaking Down Banking Infrastructure to Build a Composable Future
December 09, 2024  |  Banking

Banks rely on core tech to handle the basics: transactions, deposits, loans and more. But the kicker is that most of these systems were built...

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New EU Competition Chief Aims to Continue Effort to Break Up Google
New EU Competition Chief Aims to Continue Effort to Break Up Google
December 05, 2024  |  ANTITRUST

The European Union’s new competition chief, Teresa Ribera, reportedly said that a breakup of Google is still a possibility. Ribera said that divestments can keep...

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Meta Reportedly Planning $10 Billion Global Undersea Cable Network
Meta Reportedly Planning $10 Billion Global Undersea Cable Network
December 01, 2024  |  Facebook / Meta

Meta is reportedly building a planet-spanning undersea fiber optic cable network to support its internet infrastructure. The 24,000-mile network, costing an estimated $10 billion, was...

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Big Tech Benefits the Most as ChatGPT Turns 2
Big Tech Benefits the Most as ChatGPT Turns 2
December 01, 2024  |  Artificial Intelligence

As of this weekend, OpenAI’s ChatGPT artificial intelligence (AI) chatbot is 2 years old. And as Bloomberg News columnists Parmy Olson and Carolyn Silverman argued...

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Apple Ordered to Lift In-App Purchase Restrictions in Brazil
Apple Ordered to Lift In-App Purchase Restrictions in Brazil
November 26, 2024  |  ANTITRUST

Yet another antitrust regulator has taken issue with Apple’s in-app payment system. As Reuters reported Monday (Nov. 25), Brazil’s Cade says Apple must do away with restrictions on payment methods for...

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