AI Frenzy Catapults Nvidia’s Value Toward Market Summit

AI Frenzy Catapults Nvidia’s Value Toward Market Summit

Amid a surge that echoes the rapid advancements and growing fascination with artificial intelligence, Nvidia is reportedly on the verge of overtaking Apple as the world’s second-most valuable company. At the core of Nvidia’s rise is its dominant position in the high-end AI chip market, in which it commands an 80% share, and a ravenous market demand for AI capabilities, Reuters …

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EU probes Microsoft’s security software practices

EU probes Microsoft’s security software practices

The European Commission is probing if Microsoft is preventing customers from relying on certain security software from its competitors, according to a document that regulators sent to at least one rival in January, seen by Reuters. Companies over the years have complained about Microsoft’s bundling services and its cloud-computing practices, which European regulators have investigated. …

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Apple Vision Pro Advertising Discussions Fill Up VR Forums

Apple Vision Pro Advertising Discussions Fill Up VR Forums

A video of an Apple Vision Pro user running into a WiFi pop-up “wall” had redditors calling the moment a “Black Mirror-like experience,” and speculating about ways hackers and advertisers will use the impressively immersive features of the VR headsets. The video, which was posted to r/virtualreality on Wednesday, shows an Apple Vision Pro headset …

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lawmakers want to ban driving with V.R. goggles

lawmakers want to ban driving with V.R. goggles

The Legislature’s transportation committee on Wednesday is expected to approve language that would ban the use of the new virtual reality headset, or other similar technologies, while behind the wheel in Massachusetts. Straus, the committee’s House chair, said he crafted language with his staff over Monday night and Tuesday morning, and added it to an …

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Tesla: When Big Tech Facebook, Google and Tesla lost over $200 billion in a week

Tesla: When Big Tech Facebook, Google and Tesla lost over 0 billion in a week

The so-called Magnificent Seven technology companies brigade that have powered this year’s US stock rally seem to be having not so great time in the stock market. These “magnificent seven” comprise seven technology companies: Alphabet, Amazon, Apple, Facebook parent Meta, Microsoft, Nvidia and Tesla. The seven have added almost $4tn in market capitalisation in 2023, …

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Other Big Tech Companies Expected to Follow Suit as Amazon Challenges EU Online Content Rules

Other Big Tech Companies Expected to Follow Suit as Amazon Challenges EU Online Content Rules

Amazon’s decision to legally challenge its inclusion in a group of companies subject to strict online content regulations in the European Union has caught the attention of industry experts, who speculate that other tech giants may soon follow suit. Taking its case to the Luxembourg-based General Court, Europe’s second-highest court, Amazon becomes the first Big …

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EU Antitrust Regulators Pose New Challenges for Amazon’s Acquisition of iRobot

EU Antitrust Regulators Pose New Challenges for Amazon’s Acquisition of iRobot

EU antitrust regulators have cautioned that Amazon’s $1.7 billion acquisition of iRobot, a robot vacuum cleaner maker, could potentially diminish competition and strengthen Amazon’s position as an online marketplace provider. The European Commission has launched a comprehensive investigation and will make a decision by November 15 regarding the approval or blockage of the deal. In …

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