OpenAI revises governance structure to retain nonprofit control
Company will work with stakeholders, including Microsoft and nonprofit commissioners, to finalize the governance, says Altman
EU’s Ribera says Microsoft has pledged to follow European regulations
Complying with the rules is more valuable than claiming unfair treatment due to Microsoft's U.S. origin, says EU Competition Commissioner
US lawmaker targets Nvidia chip smuggling to China with new bill
The effort to track the chips aims to address reports of widespread smuggling of Nvidia chips into China, violating U.S. export controls
Samsung challenges $520 million Indian tax demand over import classification
The company’s appeal argues that Indian authorities were fully aware of the import practices
Trump says he will protect TikTok despite the pending divestment deadline
Trump highlights TikTok's role in connecting with younger voters during the 2024 presidential election
Pakistan crypto council puts nation on global blockchain map in just 50 days
PCC begins drafting a comprehensive regulatory framework, all while promoting Pakistan as a hub for blockchain-based financial solutions
UAE to introduce AI as a subject in schools from next academic year
AI will be incorporated into the curriculum for all students, from kindergarten through to Grade 12
Spotify app update allows external link for purchases in US, bypassing Apple
The judge finds that Apple fails to comply with a previous order stemming from an antitrust lawsuit filed by "Fortnite" creator Epic Games
Google to argue against ad tech breakup in U.S. antitrust hearing
U.S. DOJ proposes that Google divests part of its ad tech business which contains its ad exchange and publisher ad server
TikTok fined €530 million by EU over data transfers to China
EU regulator orders TikTok to suspend data flows to China
Xbox follows Sony and Nintendo in hiking hardware prices
Price of high-end Xbox Series X console will rise by $100 to approximately $600 in the U.S.
Apple faces $502 million payout in long-running 4G patent case
Optis makes no products and their sole business is to sue companies using patents they buy, says Apple spoeksperson
US Judge says Apple defied court order in Epic Games antitrust case
The legal dispute begins after Epic Games accuses Apple of overcharging developers with a 30% commission on in-app purchases
Amazon to invest over $4 billion in expanding rural delivery network by 2026
The expansion will grow Amazon’s rural delivery network to over 200 stations, tripling its current size
Google aims to bring Gemini AI to Apple devices by mid-2025
Google plans to test advertisements within the Gemini AI app