Google Cloud, a division of Alphabet, has accused Microsoft of using anti-competitive cloud computing strategies and criticized upcoming agreements with various European cloud vendors, claiming that these do not address more general issues with its license conditions. Google Cloud Vice President Amit Zavery told Reuters that the business has brought up the matter with antitrust…
According to BMW’s finance head on Friday, the company is avoiding mining investments in order to reduce battery prices and is instead relying on efficient design and recycling, putting it apart from certain rivals who have dug deep into the supply chain. “We don’t think it is right to invest in mines. We view it…
The video game giant Electronic Arts said on Wednesday that it would be eliminating 800 employees, or 6% of its workforce. “As we drive greater focus across our portfolio, we are moving away from projects that do not contribute to our strategy, reviewing our real estate footprint, and restructuring some of our teams,” CEO Andrew…
With Elon Musk stating he “forgot to mention,” Twitter has changed its mind about its plans to restrict appearance on its “for you” timeline to just paying users. The proposal was initially disclosed by the company’s owner on Tuesday, when he stated it would only display customers that have paid £8 per month for “Twitter…
For software companies hoping to profit from an anticipated $90 billion market for artificial intelligence, Microsoft-backed OpenAI is no longer the only option availble. More than a dozen startups and investors said they are incorporating rivals to industry leader OpenAI, casting doubt on expectations that Microsoft Corp. and OpenAI will dominate the young field. Their motivations…
According to chief executive Peter Foster, Kazakhstan’s flag carrier Air Astana is accelerating its growth ambitions to take advantage of a decline in air travel via Russia and the reopening of China. Since Russia invaded Ukraine last year, many international airlines suspended service to that country. Moscow no longer serves as a hub for flights…
After a report that the world’s largest online retailer, Amazon.com Inc, was interested in purchasing the theater chain, shares of AMC Entertainment Holdings Inc rose as high as 21% on Tuesday. According to people familiar with the conversations, Jeff Bezos, the creator of Amazon, has sent his investment advisors and senior entertainment executives to investigate…
According to reports quoting information from sources, Elon Musk’s brain implant startup Neuralink has approached one of the largest U.S. neurosurgery clinics as a potential clinical trials partner as it prepares to test its devices on humans if authorities allow it. Since 2016, Neuralink has been developing brain implants in the aim of someday creating a…
Nvidia Corp, the leading designer of computer semiconductor chips in the world and whose chips used in latest technologies such as artificial intelligence, unveiled new research demonstrating how AI can be used to better designing of semiconductor chips. To develop working chips, designers must decide where to place tens of billions of tiny on-off switches called transistors on a…
The auction held by Toshiba Corp was meant to spark a race for top-dollar offers among global private equity companies. Instead, it brought months of uncertainty and a single, reduced offer from the company’s Japanese business partners. The $15 billion deal, led by domestic buyout firm Japan Industrial Partners (JIP) and approved by Toshiba’s board…
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