Big Tech

Big Tech AI Spending Outweighs VC Investments
Big Tech AI Spending Outweighs VC Investments
December 27, 2023  |  artificial intelligence

New data shows that much of 2023’s artificial intelligence (AI) investing came from Big Tech. The mega deals by Amazon, Google and Microsoft this year...

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This Week in AI: Standard Setting, Voice Interfaces and the Law
This Week in AI: Standard Setting, Voice Interfaces and the Law
December 22, 2023  |  Artificial Intelligence

This year was generative artificial intelligence’s big coming-out party. And this week served as a highlight reel. PYMNTS has covered how the novel technology has...

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CFPB Director Says Regulators Must Monitor Tech’s Role in Finance
CFPB Director Says Regulators Must Monitor Tech’s Role in Finance
December 18, 2023  |  Regulation

Regulators must use their legal authorities to guard against risks posed by the growing role of large technology firms in the financial system, Rohit Chopra, director...

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Lawmakers Say EU Regulations Unfairly Target US Tech Companies
Lawmakers Say EU Regulations Unfairly Target US Tech Companies
December 18, 2023  |  Regulation

A bipartisan group of U.S. lawmakers reportedly wrote a letter to President Joe Biden expressing concerns that the European Union’s digital regulations unfairly target American...

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Apple Adds iPhone 15 to Self-Service Repair Program
Apple Adds iPhone 15 to Self-Service Repair Program
December 14, 2023  |  Apple

Apple is expanding its self-service repair program to include its latest iPhone models. The program, which gives anyone with experience in electronic device repair access...

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EU to Rule on Apple Music Streaming Case in Early 2024
EU to Rule on Apple Music Streaming Case in Early 2024
December 13, 2023  |  ANTITRUST

The European Union (EU) is reportedly preparing to take action against Apple over alleged anticompetitive practices in its App Store. The EU regulators are investigating...

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Big Tech Campaigns for ‘Open Digital Ecosystems’ in Europe
Big Tech Campaigns for ‘Open Digital Ecosystems’ in Europe
December 13, 2023  |  Big Tech

Google, Meta and other tech firms are lobbying for open digital ecosystems in Europe. The two companies are part of the seven-member Coalition for Open...

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Apple Will Let Rivals Access Tap-to-Pay System
Apple Will Let Rivals Access Tap-to-Pay System
December 12, 2023  |  Apple

Apple reportedly offered to let competitors access its tap-to-pay mobile wallet system. The agreement could mean the end of a European Union antitrust case and...

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Google Delivers Formal Response to EU’s Threat to Ad Tech Unit 
Google Delivers Formal Response to EU’s Threat to Ad Tech Unit 
December 08, 2023  |  Google

Google has made a formal response to the European Union’s (EU) threat to break up its profitable advertising technology (ad tech) arm, calling the allegations “flawed.”...

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