Intel challenges €376 million EU antitrust fine over market exclusion practices
The dispute stems from a 2009 EU decision that fined Intel €1.06 billion for allegedly blocking rival AMD from the market
Google One tops 150 million subscribers after AI tier launch
Company continues to provide lower-priced subscription options focused on file storage, but these do not include most AI features
Meta seeks dismissal of FTC lawsuit, claims monopoly case unproven
Meta says WhatsApp had no plans to compete as a social network before acquisition and Instagram grew after being acquired
Judge raises concerns over Trump order affecting Huawei legal team
Trump's executive order suspends security clearances for lawyers at select firms, citing conflicts with his administration’s priorities
US FAA approves license changes for SpaceX Starship Flight 9
The approval also includes allowing SpaceX to increase the number of launches at Boca Chica, Texas, from 5 to as many as 25
UAE and U.S. sign deal to build largest AI campus outside America
A 10-square-mile AI campus in Abu Dhabi hosts data centers built by G42 and run by U.S. firms
Pakistan’s IT exports grow 2% to $317 million in April, 10-month total reaches $3.1 billion
Export proceeds averaged $15.9 million per day in April; Steady gains driven by global client expansion and regulatory support boost sector’s outlook toward $10 billion export target by 2029
China accuses U.S. of unfair restrictions on Huawei’s AI chip use
Chinese Ministry of Commerce says that such actions threaten the stability of global semiconductor supply chains
8 million women come online in Pakistan in 2024
Pakistan outperforms neighbors in women’s mobile internet adoption, with 45% online versus 39% in India and 26% in Bangladesh
Perplexity AI partners with PayPal to enable in-chat purchases
The collaboration lets users make purchases, book travel, or buy tickets directly through Perplexity Pro using PayPal
Netflix’s ad-supported tier reaches 94 million users globally
However, Netflix’s international content strategy faces challenges from potential tariffs on foreign-made films
Google warns U.S. retailers as Scattered Spider hackers shift focus from UK
Law enforcement struggles to rein in the group due to its loose structure, young members, and limited victim cooperation
U.S. smartphone shipments surge 30% in March ahead of tariff concern
Apple, Samsung, and Motorola rush to bring more devices into the country ahead of anticipated import tariffs
Nvidia CEO’s net worth soars to $120 billion after Nvidia’s Saudi AI chip deal
Nvidia’s market value soared to $3 trillion after securing a major deal to supply hundreds of thousands of advanced AI chips to Saudi Arabia
AI push prompts Microsoft to slash 6,000 jobs globally
The job cuts, spanning all levels and regions, are the largest since Microsoft laid off 10,000 employees in 2023