U.S. lawmakers warn UK over encryption backdoor order to Apple
They say that these vulnerabilities would not only affect UK users but also American citizens and others worldwide
Trump administration to revise Biden-era AI chip export restrictions
A Commerce Department spokesperson calls the current rule “overly complex, bureaucratic, and stifling American innovation”
Twitter (X) restored in Pakistan after year-long ban, PTA confirms
PTA announces that users can now access the platform without the use of VPNs
Amazon’s Bezos leads new investment in AI data company Toloka
Toloka helps train and evaluate AI models using a network of human experts and testers
Telecom operators warn Europe risks falling behind U.S. in 6G race
The United States opens the 6GHz band for Wi-Fi use in 2020, and China allocates it for 5G and 6G services in 2023
OpenAI to reduce revenue share with Microsoft as restructuring plans shift
OpenAI currently shares 20% of its revenue with Microsoft through 2030 but plans to reduce that share to 10%
Meta wins $168 million verdict against Israeli spyware firm NSO Group
Court proceedings reveal NSO maintains a 140-person research team with a $50 million budget focused on exploiting smartphone vulnerabilities
Musk’s xAI joins forces with Palantir, TWG in financial AI push
The collaboration integrates xAI’s Grok models and Colossus supercomputer into business operations to boost AI use in finance and insurance
Uber partners with Pony AI to launch robotaxis in the Middle East
Pony AI, backed by Toyota and based in Guangzhou, holds robotaxi licenses in Beijing, Shanghai, Guangzhou, and Shenzhen
Google may be forced to separate key ad-tech businesses
U.S. DOJ proposes Google offload AdX and DFP to restore competition after a judge rules it maintains ad-tech monopolies
Musk to proceed with lawsuit against OpenAI despite governance changes
OpenAI announces a new governance structure where its non-profit parent oversees the for-profit business and becomes a major shareholder
IBM plans to expand AI sales with new tools for managing AI agents
IBM’s new AI tools allow customers to build custom agents in under five minutes
Apple appeals U.S. ruling to open App Store to more competition
The appeal seeks to overturn an April 30 ruling that found Apple in contempt of a 2020 antitrust lawsuit by Epic Games
Waymo teams with Magna to build autonomous vehicles in new Arizona factory
Waymo announces plans to produce autonomous Jaguar I-PACE and Zeekr vehicles as early as this year
Apple raises $4.5 billion in bond sale to finance debt repayment
The offering includes $1.5 billion in three-year notes and $1 billion each in five, seven and 10-year maturities