Category: Technology

Reuters exclusively reported that U.S. chipmaker Broadcom (AVGO.O) is set to receive an EU antitrust warning about the possible anti-competitive effects of its proposed $61 billion bid for cloud computing company VMware (VMW.N) in the coming weeks. The European Commission opened an investigation in December, saying the deal – which was announced last year as...

Reuters exclusively reveals that EU industry chief Thierry Breton is poised to launch a consultation on whether Big Tech should bear a portion of telecoms network costs. Breton confirms the consultation will be announced at Barcelona. EU telecoms providers have long sought to have Big Tech cover some infrastructure cost for 5G and broadband, as...

Reuters was first to share that Tencent Holdings (0700.HK) is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts the Chinese tech giant to cut costs and headcount at its metaverse unit, three sources familiar with the matter said. The world’s largest video game publisher had ambitious plans to build both virtual...

Silvergate Capital said on Wednesday that it will wind down operations and liquidate its bank, which served the crypto industry.

Reuters reveals South Korean startup Rebellions Inc. launches an artificial intelligence (AI) chip on Monday, racing to win government contracts as Seoul seeks a place for local companies in the exploding AI industry. The company’s ATOM chip is the latest Korean attempt to challenge global leader Nvidia Corp (NVDA.O) in the hardware that powers the...

Regulators opened an investigation into Tesla after receiving complaints that steering wheels detached in Model Y vehicles while people were driving. 

A viral TikTok video showed how AI chatbots can be used to send email pitches. Microsoft and Salesforce announced new products with that exact feature.

Elon Musk on Tuesday apologized after questioning the work performance of a disabled Twitter employee who was laid off by the company.

Federal vehicle safety regulators initiated a crash investigation into a fatal collision that involved a Tesla Model S sedan and a firetruck in California.

Reuters exclusively reported Alphabet’s Google AI chatbot, Bard, shared inaccurate information in an ad for its AI chatbot. The story, which published during Alphabet’s presentation on new search features enhanced by artificial intelligence, drove Alphabet shares down nearly 9% and knocked $100 billion in market value from the company.  The story was widely cited as a reason why the...