The European Commission fined Apple 500 million euros (about $566 million) and Meta 200 million euros (about $226 million) Wednesday (April 23), saying the companies violated the Digital Markets Act (DMA). Apple breached the DMA’s anti-steering obligation by imposing restrictions that prevent app developers from...
AWS and Microsoft are pausing or slowing down the development of data centers, according to a Wells Fargo research note shared with PYMNTS. Several industry sources told Wells Fargo’s analysts team that AWS has “paused a portion of its leading discussions” on colocated data centers,...
Just as companies are ramping up their artificial intelligence (AI) deployments in areas ranging from customer service to manufacturing, the U.S. government is seeking to break up two of the biggest AI players, which could have repercussions for AI development and investment for years to...
The CE 100 Index barely budged in a holiday-shortened trading week, down 0.2%. Earnings continued to dominate the headlines, and six pillars were lower, while five gained marginal ground. United Healthcare Declines on Medicare Advantage Outlook Leading to the downside in the “Be Well” segment...
April 21, 2025
Just as companies are ramping up their artificial intelligence (AI) deployments in areas ranging from customer service to manufacturing, the U.S. government is seeking to break up two of the biggest AI players, which could have repercussions for AI development and investment for years to come. Last week, the Federal Trade Commission began its anticompetition […]
April 21, 2025
The CE 100 Index barely budged in a holiday-shortened trading week, down 0.2%. Earnings continued to dominate the headlines, and six pillars were lower, while five gained marginal ground. United...
March 31, 2025
The end of March and the first quarter proved rough sledding for the CE 100 Index, as all pillars slipped through the last full trading week of the month. The...
February 14, 2025
Global IT spending is expected to increase by 9% in 2025, driven by AI and cloud expenditures, according to a report from S&P Global Ratings. But a divided picture is...
April 23, 2025
The European Commission fined Apple 500 million euros (about $566 million) and Meta 200 million euros (about $226 million) Wednesday (April 23), saying the companies violated the Digital Markets Act (DMA). Apple breached the DMA’s anti-steering obligation by imposing restrictions that prevent app developers from informing consumers about offers that are available outside Apple’s App […]
April 15, 2025
OpenAI is reportedly developing a social media platform along the lines of X. That’s according to a report Tuesday (April 15) by the Verge, citing sources who said the project involves an internal...
April 14, 2025
Meta will begin using content shared by adults in the European Union to train its artificial intelligence models after the European Data Protection Board said the company’s approach met its legal...
April 06, 2025
Meta has released the latest versions of its Llama artificial intelligence (AI) model. The tech giant says its Llama 4 models, unveiled Friday (April 4), are built on one of...