Big Tech

Indonesia Bans iPhone 16 After Apple Fails Local Investment Test

Indonesia Bans iPhone 16 After Apple Fails Local Investment Test
Indonesia Bans iPhone 16 After Apple Fails Local Investment Test
October 28, 2024  |  Mobile Commerce

Indonesia has banned Apple’s newest iPhone, hindering sales in one of the world’s largest countries. The ban on sales of the iPhone 16 came after Apple apparently failed to...

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UK’s CMA Launches Antitrust Probe Into Alphabet’s $2 Billion Partnership With Anthropic
UK’s CMA Launches Antitrust Probe Into Alphabet’s $2 Billion Partnership With Anthropic
October 24, 2024  |  ANTITRUST

The U.K.’s Competition and Markets Authority (CMA), which is in charge of antitrust regulation, is investigating a partnership between tech giant Alphabet and artificial intelligence...

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SAP Pushes Back on EU Regs as FDA Tightens AI Oversight
SAP Pushes Back on EU Regs as FDA Tightens AI Oversight
October 23, 2024  |  Artificial Intelligence

European tech leaders warn against stifling AI innovation as SAP’s CEO pushes back on European Union regulations. At the same time, the FDA rolls out...

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Treasury Calls for Federal Payments Framework, but Key Details Remain Unclear
Treasury Calls for Federal Payments Framework, but Key Details Remain Unclear
October 18, 2024  |  Legal & Regulation

Through the past several weeks and months, the drumbeat’s grown louder for regulations at the federal level to govern nonbanks — especially FinTechs, neobanks and...

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Meta Axes Staff for Abusing Food Perks Amid Wider Layoffs
Meta Axes Staff for Abusing Food Perks Amid Wider Layoffs
October 17, 2024  |  Facebook / Meta

Meta has reportedly fired around two dozen staffers for misusing their meal credits. The firing, as reported Wednesday (Oct. 16) by the Financial Times (FT),...

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DOJ Wants to Shrink Big Tech by Breaking Up Google
DOJ Wants to Shrink Big Tech by Breaking Up Google
October 09, 2024  |  ANTITRUST

The U.S. government is asking a federal district judge to compel Google to break up its core businesses.  The Department of Justice (DOJ) said in a Tuesday court...

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OpenAI Market Cap Rivals Uber, AT&T After $6.6 Billion Fundraise
OpenAI Market Cap Rivals Uber, AT&T After $6.6 Billion Fundraise
October 02, 2024  |  Artificial Intelligence

OpenAI has reportedly raised $6.6 billion in new funding, nearly doubling its valuation. The artificial intelligence (AI) startup is now valued at $157 billion, The...

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Meta Teams With UK Banks to Fight Scammers
Meta Teams With UK Banks to Fight Scammers
October 02, 2024  |  Cybersecurity

Meta launched an anti-fraud information-sharing partnership with banks in the United Kingdom. The Fraud Intelligence Reciprocal Exchange (FIRE) is a “threat intelligence sharing program” that...

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