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Google Steps Up Microsoft Criticism, Warns Of Rival's Monopoly In Cloud

Google Cloud, a division of Alphabet, increased its criticism of Microsoft's cloud computing policies on Monday. According to the company, Microsoft is attempting to create a monopoly that would hinder the advancement of cutting-edge technology like generative artificial intelligence.  ...

Xiaomi Plans To Reach 20 Million Premium Customers By Placing A Large Bet On Its Upcoming Electric Car

In a highly competitive market, Chinese smartphone manufacturer Xiaomi thinks it has found a consumer niche that would pay for its planned electric vehicle. Weibing Lu, the president of Xiaomi Group, stated, "We think it's a good starting point for us in the premium segment because we already...

Lefties: Zara's Covert Tool In The Battle Against Shein For Rapid Fashion

To compete with Chinese-founded rival Shein, Inditex, the owner of Zara and the largest listed fast fashion company in the world based on sales, is growing its budget-friendly Gen Z-focused brand Lefties.   Shein is an online marketplace that does not have any physical storefronts, and its...

Ant Group Beats Citadel To Acquire Credit Suisse's China Division: Report

According to a Bloomberg News story, the Chinese company Ant Group, a fintech behemoth, has outbid billionaire Ken Griffin's Citadel Securities for Credit Suisse's investment bank venture in China. However, it is uncertain if Ant Group's offer would be accepted.   Beijing prefers a foreign...

Google CEO Sundar Pichai: AI Can "Disproportionately" Assist In Defending Against Cybersecurity Attacks

Google CEO Sundar Pichai suggests that quick advances in artificial intelligence could bolster cyberspace defences against security attacks.   Pichai stated that the intelligence capabilities might assist governments and businesses in accelerating the identification of — and reaction to —...

For The First Time, Nvidia Names Huawei As Its Top Rival In A Filing

In a late-Wednesday filing with the Securities and Exchange Commission, Nvidia named Huawei as a top rival in a number of sectors, including artificial intelligence chips.   According to the Santa Clara, California-based corporation, Huawei, a Chinese company, is a competitor in the supply...

Reddit And Google Have Struck A License Agreement For AI Content.

Social media site Reddit and Google have reached an agreement for Reddit's material to be used as training data for the search engine giant's artificial intelligence models, according to reports quoting source information..   One of the sources claims that the agreement with Alphabet-owned...

After Huawei Mate 60 Pro, US Targeting China's Top Semiconductor Manufacturing Facility

According to a Reuters report quoting information from people familiar with the situation, the Biden administration is increasing pressure on China's leading sanctioned chipmaker by preventing more American imports into its most sophisticated factory, which created a sophisticated chip for...

Walmart Announces A $2.3 Billion Acquisition Of Vizio After Surpassing Sales Projections

Walmart announced on Tuesday that it would acquire smart TV manufacturer Vizio for $2.3 billion, kicking off the reporting season for U.S. retailers with strong fourth quarter earnings following a surge in shoppers due to inflation.   The retail giant's shares increased 3% in premarket trade...

Elon Musk Informs Neuralink's First Human Patient Was Able To Manipulate A Mouse With Thoughts

Elon Musk, the founder of Neuralink, announced late on Monday that the first patient to get a brain chip from the business looks to be fully healed and capable of using their thoughts to move a computer mouse.   "The patient is making good progress and appears to have fully recovered, with...

Ten Months After The Most Recent Deal, The Valuation Of ChatGPT Creator Triples

After a turbulent year for ChatGPT's creator, OpenAI has reached an agreement with investors that is purportedly valued at $80 billion or more for the California start-up.   The deal would have roughly tripled the business's worth in less than ten months. OpenAI has not officially confirmed...

Apple To Face A 500 Million Euro Fine From The EU As Part Of An Antitrust Investigation

The European Commission is planning to punish Apple approximately 500 million euros ($539 million) for alleged violations of EU competition rules, according to reports citing anonymous persons with knowledge of the situation. After Spotify formally complained to regulators in 2019,...
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