Big Tech

Meta Says Foundation Model Gives Virtual Embodied Agents Human-Like Movements
Meta Says Foundation Model Gives Virtual Embodied Agents Human-Like Movements
December 13, 2024  |  Meta

Meta has unveiled a foundation model for controlling the behavior of virtual embodied humanoid agents, saying it will enhance the Metaverse. The new Meta Motivo enables...

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Reinventing Payments: Breaking Down Banking Infrastructure to Build a Composable Future
Reinventing Payments: Breaking Down Banking Infrastructure to Build a Composable Future
December 09, 2024  |  Banking

Banks rely on core tech to handle the basics: transactions, deposits, loans and more. But the kicker is that most of these systems were built...

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New EU Competition Chief Aims to Continue Effort to Break Up Google
New EU Competition Chief Aims to Continue Effort to Break Up Google
December 05, 2024  |  ANTITRUST

The European Union’s new competition chief, Teresa Ribera, reportedly said that a breakup of Google is still a possibility. Ribera said that divestments can keep...

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Meta Reportedly Planning $10 Billion Global Undersea Cable Network
Meta Reportedly Planning $10 Billion Global Undersea Cable Network
December 01, 2024  |  Meta

Meta is reportedly building a planet-spanning undersea fiber optic cable network to support its internet infrastructure. The 24,000-mile network, costing an estimated $10 billion, was...

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Big Tech Benefits the Most as ChatGPT Turns 2
Big Tech Benefits the Most as ChatGPT Turns 2
December 01, 2024  |  artificial intelligence

As of this weekend, OpenAI’s ChatGPT artificial intelligence (AI) chatbot is 2 years old. And as Bloomberg News columnists Parmy Olson and Carolyn Silverman argued...

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Apple Ordered to Lift In-App Purchase Restrictions in Brazil
Apple Ordered to Lift In-App Purchase Restrictions in Brazil
November 26, 2024  |  ANTITRUST

Yet another antitrust regulator has taken issue with Apple’s in-app payment system. As Reuters reported Monday (Nov. 25), Brazil’s Cade says Apple must do away with restrictions on payment methods for...

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Mistral Reportedly Eyes US Expansion to Take on AI Giants
Mistral Reportedly Eyes US Expansion to Take on AI Giants
November 26, 2024  |  artificial intelligence

Mistral is reportedly boosting its U.S. expansion to compete with Silicon Valley tech giants. The $6 billion French artificial intelligence (AI) startup — the most valuable...

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AI-Powered Search Engines Emerge as Google Faces Antitrust Scrutiny
AI-Powered Search Engines Emerge as Google Faces Antitrust Scrutiny
November 22, 2024  |  Google

The history of the search landscape is a journey of technological innovation, evolving user behavior and competitive dynamics. And, if the U.S. Department of Justice’s (DOJ)...

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Amazon Marketplace Could Reportedly Face EU Antitrust Case in 2025
Amazon Marketplace Could Reportedly Face EU Antitrust Case in 2025
November 21, 2024  |  Amazon

European regulators are reportedly set to investigate whether Amazon’s marketplace favors its branded products. The European Union (EU) investigation is “likely” to come next year,...

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