Big Tech

Apple’s AI Investments Bring It to Edge of $4 Trillion Valuation
Apple’s AI Investments Bring It to Edge of $4 Trillion Valuation
December 23, 2024  |  Apple

Is Apple on the verge of becoming a $4 trillion company? As Reuters reported Monday (Dec. 23), the company has pulled in front of Nvidia...

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Apple Faces New EU Call to Open iPhone to Competitors
Apple Faces New EU Call to Open iPhone to Competitors
December 19, 2024  |  Apple

Apple is facing new pressure in Europe to let competitors access its iPhone operating system. The European Commission (EC) on Wednesday (Dec. 18) published a pair of documents covering how...

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How Big Tech’s XR Push Could Redefine Both Payments and AI
How Big Tech’s XR Push Could Redefine Both Payments and AI
December 13, 2024  |  Payments Innovation

The connected economy might be making a jump from end-users’ hands to their faces. That is, if Big Tech’s biggest representatives are to be believed....

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Meta Says Foundation Model Gives Virtual Embodied Agents Human-Like Movements
Meta Says Foundation Model Gives Virtual Embodied Agents Human-Like Movements
December 13, 2024  |  Meta

Meta has unveiled a foundation model for controlling the behavior of virtual embodied humanoid agents, saying it will enhance the Metaverse. The new Meta Motivo enables...

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Reinventing Payments: Breaking Down Banking Infrastructure to Build a Composable Future
Reinventing Payments: Breaking Down Banking Infrastructure to Build a Composable Future
December 09, 2024  |  Banking

Banks rely on core tech to handle the basics: transactions, deposits, loans and more. But the kicker is that most of these systems were built...

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New EU Competition Chief Aims to Continue Effort to Break Up Google
New EU Competition Chief Aims to Continue Effort to Break Up Google
December 05, 2024  |  ANTITRUST

The European Union’s new competition chief, Teresa Ribera, reportedly said that a breakup of Google is still a possibility. Ribera said that divestments can keep...

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Meta Reportedly Planning $10 Billion Global Undersea Cable Network
Meta Reportedly Planning $10 Billion Global Undersea Cable Network
December 01, 2024  |  Meta

Meta is reportedly building a planet-spanning undersea fiber optic cable network to support its internet infrastructure. The 24,000-mile network, costing an estimated $10 billion, was...

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Big Tech Benefits the Most as ChatGPT Turns 2
Big Tech Benefits the Most as ChatGPT Turns 2
December 01, 2024  |  artificial intelligence

As of this weekend, OpenAI’s ChatGPT artificial intelligence (AI) chatbot is 2 years old. And as Bloomberg News columnists Parmy Olson and Carolyn Silverman argued...

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