Big Tech

EU Readies New AI Restrictions Despite Trump Pushback
EU Readies New AI Restrictions Despite Trump Pushback
February 04, 2025  |  Artificial Intelligence

European regulators are reportedly preparing new guidance covering banned uses of artificial intelligence. The efforts to enforce Europe’s landmark AI Act come even as President...

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Meta Smart Glasses Spending Approaches ‘Eye-Watering’ $100 Billion
Meta Smart Glasses Spending Approaches ‘Eye-Watering’ $100 Billion
February 03, 2025  |  Wearables

Meta’s investments in virtual and augmented reality projects could reportedly exceed $100 billion this year. This spending comes as CEO Mark Zuckerberg sees 2025 as the...

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Amazon to Eliminate ‘Small Number’ of Roles in Communications Department
Amazon to Eliminate ‘Small Number’ of Roles in Communications Department
January 29, 2025  |  Amazon

Amazon’s communications department is reportedly the latest segment of the company’s corporate workforce to see layoffs. The company is laying off dozens of people in...

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Meta to Appeal Against $831 Million EU Antitrust Fine
Meta to Appeal Against $831 Million EU Antitrust Fine
January 29, 2025  |  Meta

Meta says it will fight a $831 million fine levied against the tech giant by the European Union. A company spokesperson told Bloomberg News on...

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Will Visa Deal Give X Money Momentum vs Neobanks?
Will Visa Deal Give X Money Momentum vs Neobanks?
January 28, 2025  |  Digital Payments

Elon Musk’s bid to make X into the “everything app” may have gotten a bit of a boost — where the newly-announced pact with Visa...

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Google Tells Court EU Antitrust Fine Punishes Innovation
Google Tells Court EU Antitrust Fine Punishes Innovation
January 28, 2025  |  ANTITRUST

Google reportedly told the European Union’s Court of Justice Tuesday (Jan. 28) that the European Commission investigation that resulted in a 4.3 billion euro (about...

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AI Regulations: Trump Repeals Biden’s Order, French Minister Critiques EU AI Act
AI Regulations: Trump Repeals Biden’s Order, French Minister Critiques EU AI Act
January 22, 2025  |  artificial intelligence

As expected, President Donald Trump repealed his predecessor Joe Biden’s 2023 artificial intelligence (AI) regulations on his first day in office. The former executive order...

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Google Deepens Anthropic Partnership With New $1 Billion Investment
Google Deepens Anthropic Partnership With New $1 Billion Investment
January 22, 2025  |  artificial intelligence

Google is reportedly investing more than $1 billion into artificial intelligence (AI) firm Anthropic. The tech giant had already given Anthropic around $2 billion and...

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AI Startups: Mistral Plans IPO; Harvey Eyes $3 Billion Valuation
AI Startups: Mistral Plans IPO; Harvey Eyes $3 Billion Valuation
January 21, 2025  |  Artificial Intelligence

Mistral AI, France’s open-source answer to OpenAI, plans to go public instead of being acquired. “We are not for sale,” CEO and co-founder Arthur Mensch...

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