Amazon announces $54 billion UK expansion with new fulfilment centres
The investment includes new fulfilment centres, delivery stations, data centres, and upgrades to existing facilities
Musk’s X faces court challenge over advertiser boycott probe
In a 2023 lawsuit, X claims Media Matters defamed the platform by reporting that major brand ads appeared next to extremist content
DeepSeek aids China’s military and evaded export controls, US official says
Among the allegations, the official says DeepSeek is sharing user information and statistics with Beijing's surveillance apparatus
Huawei uses older chip in new MateBook Fold
New MateBook Fold laptop uses a 7-nanometer chip made by China’s SMIC, instead of a more advanced version
Financial sector to benefit from AI-based threat modelling
NIBAF and Risk Associates signed a MoU to improve cybersecurity and compliance in Pakistan’s financial services sector
BBC warns Perplexity to stop using its content or face legal action
BBC demands Perplexity stop scraping its content, delete training data, and propose financial compensation
European Union probes misleading design practices on Musk’s X
European Commission says it is monitoring changes in the corporate structure of X, following $33 billion xAI acquisition earlier this year
Google faces legal setback as court adviser backs €4.1 billion fine
Advocate-General rejected Google’s legal arguments, including its claim that it should be compared with a hypothetical competitor
Honda to use Helm.ai’s multi-camera vision system in EVs for hands-free driving
Helm.ai Vision uses images from multiple cameras to generate a bird’s-eye view of urban environments to support vehicle control
Apple aims to cut chip design time with AI tools
Apple finds advanced tools from design software firms key to chip development, says SVP hardware technologies
Microsoft considers ending talks with OpenAI over equity disagreement
Microsoft is prepared to keep the current deal in place unless a new offer improves its position
Meta offers $100 million bonuses to recruit OpenAI talent, says Altman
OpenAI CEO says that none of the company’s top employees had accepted the offers so far.
Trump to extend TikTok’s June 19 divestment deadline for the third time
White House press secretary says Trump wants to keep the app running and will work to complete the sale within the new timeline
Facebook to classify all new videos as Reels
Facebook will remove length and format restrictions for Reels, allowing users to upload short, long, and live videos under the same format
Streaming services overtakes cable and broadcast in U.S. viewership
Streaming services made up 44.8% of total TV usage in the United States in May