Big Tech

Big Tech’s AI Ambitions Face Reality Check, PYMNTS Intelligence Data Shows
Big Tech’s AI Ambitions Face Reality Check, PYMNTS Intelligence Data Shows
July 19, 2024  |  artificial intelligence

Despite big budgets and bold plans, a new survey conducted by PYMNTS Intelligence reveals most large companies are struggling to implement AI in meaningful ways,...

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AI Money: AI Surge Spurs Tech Giants’ Expansion, Fuels Investment Frenzy
AI Money: AI Surge Spurs Tech Giants’ Expansion, Fuels Investment Frenzy
July 18, 2024  |  artificial intelligence

The artificial intelligence boom is reshaping the tech landscape, with industry leaders like TSMC, Microsoft, and Anthropic racing to meet soaring demand and capitalize on...

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Trump Running Mate J.D. Vance’s Antitrust Views Divide Business Leaders
Trump Running Mate J.D. Vance’s Antitrust Views Divide Business Leaders
July 16, 2024  |  ANTITRUST

It is an election year — and political uncertainty is top of mind for businesses. With the news Monday (July 15) that presidential candidate Donald...

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Trending: Next Steps for Apple as It Opens Its Ecosystem in Europe
Trending: Next Steps for Apple as It Opens Its Ecosystem in Europe
July 12, 2024  |  Regulation

For Apple, the iPhone and the App Store have historically been linchpins for its ecosystem — where the hardware is an onramp to a broad...

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Firms Look to Mitigate Consequences From Data Breaches
Firms Look to Mitigate Consequences From Data Breaches
July 11, 2024  |  Security & Fraud

The interconnected nature of financial systems can have cascading consequences when data is compromised. And with the recent news that the June cyber breach at...

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AI Regulation: Microsoft Leaves OpenAI, Senate Probes and Calls for Balance
AI Regulation: Microsoft Leaves OpenAI, Senate Probes and Calls for Balance
July 10, 2024  |  artificial intelligence

As artificial intelligence reshapes the tech landscape, regulators and lawmakers are scrambling to keep pace. Microsoft’s withdrawal from OpenAI’s board, an upcoming Senate hearing on...

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Regulators Wary of Banks Outsourcing to Tech Firms
Regulators Wary of Banks Outsourcing to Tech Firms
July 09, 2024  |  Bank Regulation

A top global banking regulator wants financial institutions to take more responsibility in outsourcing services. “Ongoing digitalisation has led to rapid adoption of innovative approaches...

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Amazon Gets 3 Weeks to Show Compliance With Digital Services Act
Amazon Gets 3 Weeks to Show Compliance With Digital Services Act
July 05, 2024  |  Amazon

The European Commission wants Amazon to prove it’s complying with the Digital Services Act (DSA). The watchdog group has given the tech giant until July...

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Apple OKs Epic Games’ European Store
Apple OKs Epic Games’ European Store
July 05, 2024  |  Legal

Epic Games’ long-running legal battle against Apple has reportedly taken a new turn. The Fortnite maker says the tech giant is holding back its attempts to launch a games store...

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