Tag: Tech
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EU Big Tech Clampdown Probe Bites Apple, Microsoft
Apple and Microsoft will soon find out if more of their services will be included in tough new regulations as European regulators continue their clampdown efforts under the Digital Markets Act (DMA). The EU on Wednesday named 22 services from six companies (mostly American), including Alphabet, Amazon, Apple, ByteDance, Meta, and Microsoft. Companies on the…
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Big Tech Forging Partnerships to Further AI Development Strategies
Deep within the halls of the New York Stock Exchange last Thursday evening, LG AI Research and Qraft Technologies signed an agreement to further LG’s efforts in AI applications as well as the creation of financial instruments. It was the latest, but not the only recent collaboration on AI to come to light in tech.…
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EU’s Digital Services Act Goes Live to Police Big Tech Apps
Big Tech’s top app platforms, including Meta, Facebook, Instagram, Apple’s online App Store, and some Google services, will face increased regulatory scrutiny as more of the EU’s Digital Services Act (DSA) went live on Friday. The DSA makes new rules for major tech companies, including preventing harmful content from spreading, banning, or limiting certain user-targeting…
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Major Tech Company Layoffs in 2023: An Updated Tracker
[Updated August 23, 2023 with layoff announcements from Getir, Twiga, and SecureWorks] When much of human activity moved online during the height of the pandemic, tech companies were thriving. Call it the COVID tech bubble. Now we’ve hit the COVID tech bust. By the second half of 2022, tech companies had initiated significant layoffs —…
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Podcast: What Makes AI Different from Other Tech Hype?
The market has seen its share of fleeting gizmos as well as longer lasting innovation. Right now, AI and large language models are top of mind across most every industry and business, with organizations scrambling to find ways to leverage the technology — or at least show they plan to. Hype trends come and go,…