Business News
A federal appeals court on Thursday upheld a ruling that found Apple in civil contempt for openly disregarding an order aimed at allowing its iPhone app store to accept payment systems other than its own. However, the decision also provided
Paramount has initiated a hostile takeover offer for Warner Bros Discovery, setting the stage for a potentially fierce confrontation with rival bidder Netflix to acquire the company that owns HBO, CNN, and a renowned movie studio, along with the ability
The decision by US President Donald Trump to permit Nvidia to sell more advanced AI chips to China appears to yield limited advantages. Reports says that this action has sparked national security concerns within the US and has raised doubts
US President Donald Trump has granted Nvidia permission to export its H200 artificial intelligence chips to authorized customers in China. The decision alleviates certain restrictions on AI chips; however, the US President emphasized that safeguarding national security continues to be
A new conflict regarding online security, user data, and the management of consumer attention is emerging among China’s largest technology firms. According to the sources, the catalyst for concern is ByteDance’s new AI-powered smartphone, which has faced pushback from significant
The New York Times initiated legal action against Perplexity AI, asserting that the artificial intelligence startup was unlawfully copying, distributing, and displaying millions of its articles to fuel its generative AI products. The startup is now embroiled in several legal
On Friday, sources indicated that an investigation into alleged tax fraud and unlawful labor practices had been concluded. As part of this conclusion, the Italian business of the e-commerce giant Amazon has compensated employees and ceased operation of a delivery
Nvidia on Wednesday unveiled new performance data indicating that its latest artificial intelligence server can achieve results up to 10 times faster when executing next-generation models, including two prominent Chinese models, as per reports. The update arrives as the global
Amazon.com Inc.’s cloud unit swiftly advanced to launch the latest iteration of its artificial intelligence chip, revitalizing its initiatives to offer hardware that can compete with offerings from Nvidia Corp. and Google. In a recent interview, Dave Brown, a vice
Warner Bros Discovery has entered a second phase of bidding, featuring a predominantly cash proposal from Netflix, in an auction that may wrap up in the near future, according to a source. Bankers for Paramount Skydance, Comcast, and Netflix collaborated