The UK's Competition and Markets Authority (CMA) has issued a statement of objections against Google's ad tech practices, alleging that the company has harmed competition by favouring its own services. The CMA found that Google's dominance in online display advertising has allowed it to preference its own services, impacting competition in the UK. The vast majority of UK publishers and advertisers use Google's technology to bid for and sell ad space.
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AIGoogle | Rating: 51 | 2024-09-06 09:38:47 AM |
The Dutch government has expanded export restrictions on advanced semiconductor manufacturing equipment, bringing more of ASML's machines under curbs. The new restrictions require companies to apply for a license from the Dutch government to export their gear out of the country. The decision was made by Reinette Klever, minister of foreign trade and development for the Netherlands, citing security concerns in the current geopolitical context.
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TechASML | Rating: 53 | 2024-09-06 07:48:21 AM |
Lion King director Rob Minkoff considers artificial intelligence a 'Wild West' with 'very few rules', but believes it has the potential to democratize the film industry by reducing production costs and making filmmaking more accessible. He co-directed the 1994 animated Disney film with Roger Allers.
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AIAI | Rating: 60 | 2024-09-06 05:28:36 AM |
The US Department of Commerce has released new export controls on critical technologies, including quantum computing and semiconductor goods, citing national security and foreign policy reasons. The rules cover quantum computers and components, advanced chipmaking tools, and high-bandwidth chips. Exemptions are granted to countries that add similar controls, such as Japan and the Netherlands.
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AIUS | Rating: 53 | 2024-09-06 04:48:35 AM |
Japanese semiconductor equipment providers, such as Tokyo Electron, have been relying heavily on China as their largest source of revenue, with China revenue increasing to 44% in the financial year ended March 2024 and nearly 50% in the first quarter of financial year 2025.
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EconomyTokyo Electron | Rating: 51 | 2024-09-06 04:48:35 AM |
Salesforce is acquiring Own Co., a startup specializing in data backup tools for cloud-based applications, for $1.9 billion in cash. The deal is subject to regulatory approval and is expected to close in the quarter ending January 2025. Salesforce Ventures, the company's venture arm, had previously invested in Own Co. in earlier funding rounds. The startup was valued at $3.35 billion in a 2021 funding round.
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AISalesforce | Duplicated with: | Rating: 53 | 2024-09-05 09:38:34 PM |
Broadcom reported its fiscal third-quarter results, beating Wall Street expectations for revenue and earnings. The company reported $13.07 billion in revenue and $1.24 adjusted earnings per share. Broadcom expects $14 billion in revenue for the current quarter. The company reported a net loss of $1.88 billion due to a one-time tax provision of $4.5 billion.
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BusinessBroadcom | Rating: 53 | 2024-09-05 08:58:21 PM |
Thoma Bravo founder Orlando Bravo stated that his firm will never invest in crypto again after a $900 million investment in FTX, which spiraled into bankruptcy in late 2022. FTX's founder Sam Bankman-Fried is serving a 25-year prison sentence for fraud and conspiracy. Bravo's philosophy is to never touch something again after making a mistake.
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FinanceThoma | Rating: 49 | 2024-09-05 06:28:29 PM |
Malwarebytes, a cybersecurity software firm, tracked a 42% increase in malvertising incidents in the US in fall 2023. Malicious ads, dubbed malvertising, are being used by hackers to target brands for phishing purposes or to distribute malware. Jérôme Segura, senior director of research at Malwarebytes, believes this is just the tip of the iceberg.
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CybersecurityMalwarebytes | Rating: 53 | 2024-09-05 02:18:46 PM |
Abbott Laboratories has launched its over-the-counter continuous glucose monitoring system, Lingo, in the US, priced at $49. The device is designed for adults who do not take insulin and want to improve their overall health and wellness. It is a small sensor that sticks through the skin to measure real-time glucose levels.
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HealthAbbott | Rating: 53 | 2024-09-05 01:18:51 PM |