Meta's social media apps back up after outage
On June 16, Meta Platforms provided an update stating that services on its popular social media applications, Facebook and Instagram, have been fully restored following a widespread outage. The interruption…
Google faces EU break-up order over anti-competitive adtech practices
EU regulators have stated that Alphabet's Google may be required to sell a portion of its adtech business to address concerns over anti-competitive practices. The European Commission presented its charges…
Microsoft-Activision: US judge temporarily blocks $69bn deal
Microsoft's $69 billion takeover of Activision Blizzard has been temporarily blocked by a judge in response to a request from US regulators. The court issued a restraining order to maintain…
Meta releases 'human-like' AI image creation model
Meta Platforms (META.O), the parent company of Facebook and Instagram, announced on June 13 that it will provide researchers with access to components of a new AI model called I-JEPA.…
In challenge to Nvidia, AMD will ramp up AI chip production this year
On June 13, AMD announced that production of its new artificial intelligence chip, the MI300X, will increase in the fourth quarter, aiming to compete with market leader Nvidia. Lisa Su,…
Crypto: 24-hour cooling-off period included in ad overhaul
Cryptocurrency companies will have to give customers a 24-hour “cooling-off” period to make sweeping changes to how they sell digital assets in the UK. New investors have to wait a…
Warning firms may use brain data to watch workers
In the future, companies may use brain-monitoring technology to monitor and hire workers, according to data watchdogs. But there is a real risk of discrimination if "neurotechnology" is not properly…