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EU Leaders Set to Back Steps to Compete with US, China

European Union leaders are expected on Thursday to back a revamp of the single market, simplified regulations and other steps to ensure the bloc can compete with the United States and China as an industrial leader in green and digital technologies. High energy prices and U.S. President Joe Biden’s Inflation Reduction Act, which offers $369 […]

TikTok Creators, Some U.S. Democratic Lawmakers Oppose Ban on App

TikTok creators and three U.S. Democratic Party lawmakers on Wednesday said they opposed any potential ban on the Chinese-owned short video sharing app that is used by more than 150 million Americans. On Thursday TikTok CEO Shou Zi Chew will testify before the U.S. House Energy and Commerce Committee amid growing calls for a ban […]

The Promise of Telecom in Underdeveloped Markets

The telecommunications sector in underdeveloped countries has undergone a remarkable evolution over the years. From the days of state monopolies to the entry of private players, the sector has grown rapidly, bringing greater connectivity and convenience to people’s lives. However, the journey has not been without its challenges. Political instability, limited infrastructure, and challenges in […]

US FTC Seeking Information on Cloud Providers’ Market Power

The Federal Trade Commission said on Wednesday it is seeking information from the public on cloud computing companies’ business practices including details on their market power, competition and potential security issues. The U.S. cloud computing business is dominated by four providers that include Amazon.com Inc , Microsoft Corp, Alphabet Inc’s Google and Oracle Corp. None […]

OpenAI Tech Gives Microsoft’s Bing a Boost in Search Battle with Google

The integration of OpenAI’s technology into Microsoft-owned Bing has driven people to the little-used search engine and helped it compete better with market leader Google in page visits growth, according to data from analytics firm Similarweb. Page visits on Bing have risen 15.8% since Microsoft Corp unveiled its artificial intelligence-powered version on Feb. 7, compared […]

Mira Murati: The Profile of a Revolutionary

Hard work, dedication, perseverance, and a little bit of luck: that’s how most get to the top of their chosen fields. In honor of Women’s Month, we are kicking off our profile series with the woman behind the artificial intelligence (AI) tool that broke the Internet in late 2022, ChatGPT. She’s part of the 22 […]

German Green Group Sues Meta Alleging Failure to Curb Threats

A prominent German environmental group said on Wednesday it was suing Facebook’s parent company Meta, accusing the social media firm of failing to clamp down on insults and threats of violence and murder. Environmental Action Germany (DUH) said in a statement that Meta had failed to shut down Facebook groups in which threats of violence […]

UK Says Broadcom’s $61 Billion VMware Deal Could Hurt Server Competition

Britain’s competition regulator said U.S. chipmaker Broadcom’s acquisition of VMware could make servers more expensive, and it would refer the $61 billion deal to an in-depth inquiry unless its concerns were addressed. Broadcom agreed to buy the cloud computing and virtualisation company last year to diversify into enterprise software. Britain’s Competition and Markets Authority (CMA) […]

Analysis - What’s Behind Bitcoin’s Latest Surge?

At the turn of the year, bitcoin was in the grip of a bleak midwinter, down and out after a 2022 defined by tumbling crypto prices, bankruptcies and corporate scandals. Less than three months later, bitcoin’s got its mojo back. With gains of more than 70% so far this year, it has outpaced other major […]

Computing Networking Pioneer Metcalfe Wins Top Industry Prize

Computing networking pioneer Bob Metcalfe on Wednesday won the industry’s most prestigious prize for the invention of the Ethernet, a technology that half a century after its creation remains the foundation of the internet. The Ethernet is the standard connection for everything from servers inside data centers to telecommunications networks. The Association for Computing Machinery […]