Topic: tech companies
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Netflix, Amazon, Apple Eye Warner Bros. Acquisition
Warner Bros. Discovery is undergoing a strategic review for potential acquisition, with major tech firms like Netflix, Amazon, and Apple showing interest in buying the company or its key assets. The company is sharing confidential financial details with interested parties, including media giants ...
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Tech Giants Warn H-1B Workers to Remain in the US
Major tech companies are advising H-1B visa holders to stay in the U.S. due to a new presidential proclamation introducing a $100,100 fee for new applications. The directive has prompted urgent guidance from firms like Amazon, Google, and Microsoft, warning employees to avoid international travel...
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Why Tariff Stacking Is a Nightmare: A CTA Expert Explains
International tariffs and unpredictable trade policies create significant uncertainty for tech companies, with tariff stacking disrupting supply chains and threatening consumer price increases. The volatility of constantly changing tariffs makes long-term planning nearly impossible, especially du...
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EU Probes Apple, Google, Microsoft Over Online Scam Response
The EU is demanding that Apple, Google, Microsoft, and Booking Holdings provide information on their efforts to combat online scams under the Digital Services Act. Regulators are focusing on app stores and search engines to assess how they identify and remove fraudulent apps and deceptive search ...
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FTC Probes OpenAI, Meta Over AI Safety for Kids
The FTC is investigating seven major tech firms to assess how their AI companion tools impact the safety and well-being of children and teenagers. Concerns include inadequate risk assessments, insufficient safeguards, and incidents where AI chatbots have allegedly encouraged harmful behavior amon...
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AI Browser Wars: The Battle for Your Screen
A major shift is occurring in web browsers as technology companies integrate AI to take direct control over user interactions, moving beyond traditional designs and functionalities. The Vergecast discussed the implications of new AI-powered browsers and wearable AI devices, questioning consumer r...
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EU Accuses Instagram and Facebook of Breaking Content Rules
European regulators have accused Meta's Facebook and Instagram of violating the Digital Services Act due to inadequate content moderation systems and lack of transparency regarding illegal material and researcher data access. The platforms were criticized for implementing confusing systems and da...
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Big Business Is Failing at Carbon Removal
Achieving net-zero by 2050 is essential to limit catastrophic warming, but current corporate efforts are falling short by prioritizing temporary solutions over lasting change. Many corporations rely on short-term carbon storage methods like tree-planting, which lack the permanence needed to genui...
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Amazon Drivers May Soon See the Road Through AR Glasses
Amazon is developing augmented reality glasses for delivery drivers, codenamed "Jayhawk," featuring a display, microphones, speakers, and a camera to enhance package delivery. These specialized glasses, expected to debut before consumer models, will provide real-time delivery instructions and nav...
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Nuclearn Secures $10.5M to Bring AI to Nuclear Industry
The nuclear energy sector is adopting AI to enhance operational efficiency, particularly in optimizing administrative workflows and documentation, though it is not yet trusted to directly control reactors. Nuclearn, a startup, secured $10.5 million in Series A funding and deploys AI tools across ...
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Understanding AI Agents
The rise of AI agents marks a major shift in AI interaction, with companies like OpenAI and Google developing autonomous systems capable of complex tasks with minimal human oversight. Nearly half of tech firms are testing or implementing AI agents, sparking discussions about their societal impact...
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China Halts Nvidia AI Chip Sales Amid Tech Tensions
China's internet regulator has restricted major tech firms from purchasing Nvidia's AI processors to boost domestic semiconductor capabilities and reduce foreign dependency. The directive specifically targets Nvidia's RTX Pro 6000D model, halting testing and orders, following assessments that loc...
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Anthropic's $1.5B Copyright Deal Shortchanges Writers
A $1.5 billion settlement will pay at least $3,000 each to half a million writers, resolving a class action lawsuit against Anthropic for using copyrighted books without permission. The settlement penalizes Anthropic for sourcing books through piracy rather than purchase, but does not address the...
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The Hot Crazy Matrix: Why Investors Misjudge Tech Deals
Private equity investments hit record highs in 2021, but by 2023, many tech firms saw their valuations plummet dramatically. Despite cautionary tales, capital continues to pour into high-risk ventures, with investors often prioritizing charisma and vision over rigorous analysis. The adapted Hot C...
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YouTube settles with Trump for $24.5 million
YouTube has settled a lawsuit with former President Donald Trump for $24.5 million, following his suspension from the platform in 2021 and resolving his legal actions against major social media companies. The majority of the settlement, $22 million, will go to the Trust for the National Mall for ...
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AI Medical Tools Underreport Symptoms in Women and Minorities
AI diagnostic tools frequently underreport or minimize symptoms in female, Black, and Asian patients, worsening existing health disparities. Studies show these AI systems assess identical symptoms differently based on gender or ethnicity, leading to inconsistent and less empathetic treatment reco...
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China Bans Tech Firms from Buying Nvidia AI Chips
China has banned domestic tech firms from purchasing Nvidia's AI chips as part of a strategy to reduce reliance on foreign semiconductor technology. The ban is expected to slow development in China's tech industry, as Nvidia is the global leader in advanced AI processors, despite local alternativ...
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Microsoft Expands Solar Power in Japan with 100 MW Purchase
Microsoft has secured a 100-megawatt solar power agreement in Japan to support its data centers, involving four projects that will supply clean electricity for 20 years. The company is investing $2.9 billion in Japan, including expanding its data centers, with solar power being a cost-effective a...
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Republicans Vow Censorship Crackdown After Charlie Kirk's Death
Following the fatal shooting of activist Charlie Kirk, Republican leaders, including Donald Trump, have threatened government action against individuals who celebrated or criticized Kirk online, despite First Amendment protections. The State Department announced potential visa restrictions for fo...
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Business Insider allows AI-generated drafts without reader disclosure, report says
Business Insider has officially allowed its journalists to use AI for drafting articles without requiring disclosure to readers, making it one of the first major outlets to adopt such a policy. The guidelines emphasize that while AI can assist in drafting, journalists remain fully accountable for...
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