Qualcomm secures the right to innovate in chips trial against Arm.
In a U.S. federal court trial, a jury determined that Qualcomm’s central processors are appropriately licensed under an agreement with Arm Holdings, which eliminated some
IMF warns Nigeria that $5 billion swap deal with the UAE lender is opaque and complex.
Nigeria plans to borrow up to $5 billion through a derivatives arrangement with First Abu Dhabi Bank, but the IMF issued a warning on Tuesday
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
OpenAI unveils ‘o3’ reasoning AI models in bid to tackle complex problems.
In an indication of escalating competition with Google to develop more intelligent models that can handle challenging issues, OpenAI announced on Friday that it was
US consumer watchdog sues major banks and Zelle operator alleging fraud on the payment platform.
On Friday, the U.S. Consumer Financial Protection Bureau announced that it had filed a lawsuit against Wells Fargo, Bank of America, and JPMorgan Chase, alleging
Apple claims Meta uses DMA’s interoperability provisions to access sensitive user data.
In a dispute stoked by the European Union’s escalating attempts to persuade the iPhone manufacturer to open up to products from tech competitors, Apple said
Instagram hangs on the TikTok ban to contribute over half of Meta’s US ad income in 2025.
As the social media platform enhances its product monetization, research firm Emarketer predicts that Instagram will generate over half of Meta Platforms’ advertising income in
Databricks, a startup, raises $10b in an AI-focused funding round and a $62b valuation.
The strong demand for businesses focused on artificial intelligence was demonstrated by Databricks’ announcement on Tuesday that it had obtained a valuation of $62 billion
MUFG, Japan’s biggest bank, apologizes over the theft of millions of dollars from safe deposit boxes.
The largest bank in Japan issued an apology on Monday for the suspected theft of over 1 billion yen ($6.6 million) from clients’ safe deposit
UK government approves the sale of Royal Mail to foreign owners for $4.6b, the first time in its 500-year history.
For the first time in its 500-year history, Royal Mail will be owned by a foreign entity after the British government approved the sale of
Musk’s AI startup xAI offers the new version of Grok-2 AI chatbot free to users of the X social media platform.
On Saturday, xAI, Elon Musk’s artificial intelligence business, announced that all social media platform X users will be able to use its updated Grok-2 chatbot
Broadcom hits $1 trillion valuation on AI enthusiasm.
The market is currently buying into Broadcom’s prediction that demand for chips that power AI will skyrocket. Following CEO Hock Tan’s statement that artificial intelligence
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