Big Tech

Report: Meta Reassigns Responsible AI Team to New Duties
Report: Meta Reassigns Responsible AI Team to New Duties
November 19, 2023  |  artificial intelligence

Meta is reportedly reassigning its Responsible AI team to other in-house artificial intelligence (AI) projects. The workers will continue to work to prevent AI-related harm, Reuters...

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Amazon Is Building an LLM Twice the Size of OpenAI’s GPT-4
Amazon Is Building an LLM Twice the Size of OpenAI’s GPT-4
November 08, 2023  |  artificial intelligence

Few markets have grown as fast, in as short a time, as artificial intelligence (AI). And as the technology is increasingly deployed across industries ranging...

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CFPB’s New Rules Target 13 Billion Big Tech App and Digital Wallet Transactions
CFPB’s New Rules Target 13 Billion Big Tech App and Digital Wallet Transactions
November 08, 2023  |  Regulation

Will new rules governing digital wallets and apps blunt Big Tech innovations — or put desperately needed guardrails in place? The Consumer Financial Protection Bureau’s...

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CFPB Proposes Oversight for Big Tech and Digital Wallet Providers
CFPB Proposes Oversight for Big Tech and Digital Wallet Providers
November 07, 2023  |  Regulation

In a move to ensure consumer protection and regulatory oversight, the Consumer Financial Protection Bureau (CFPB) is proposing to supervise larger nonbank companies that offer...

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King Charles’ First Speech Highlights Consumer Protections
King Charles’ First Speech Highlights Consumer Protections
November 07, 2023  |  Regulation

The U.K.’s antitrust watchdog is on the cusp of new authority to crack down on tech giants. These changes, touched on Tuesday (Nov. 7) in...

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Tech Giants’ Murky Forecasts Make Investors Nervous
Tech Giants’ Murky Forecasts Make Investors Nervous
November 05, 2023  |  Big Tech

Recent big tech earnings reports have reportedly made Wall Street worried about the year’s end. As Bloomberg News reported Sunday (Nov. 5), companies like Apple, Meta, Tesla and Alphabet have given investors...

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Tech Giants Drive Subscription Growth Across Consumers’ Daily Activities
Tech Giants Drive Subscription Growth Across Consumers’ Daily Activities
October 31, 2023  |  Subscriptions

From business to leisure, the largest tech companies are driving recurring revenue from every part of consumers’ day-to-day routines with their subscription offerings. Take, for...

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Antitrust Trial Reveals Google Spends $26.3 Billion on Default Search Engine Agreements
Antitrust Trial Reveals Google Spends $26.3 Billion on Default Search Engine Agreements
October 27, 2023  |  Google

A top executive from Google disclosed Friday (Oct. 27) during its antitrust trial that the company paid $26.3 billion in 2021 to secure default search engine...

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Google Reports Ad Revenue Recovery in Q3 After Rare Drop 
Google Reports Ad Revenue Recovery in Q3 After Rare Drop 
October 24, 2023  |  Google

Google saw its advertising revenue increase in the third quarter as it benefits from the same recovery that has lifted other tech companies as well.  The...

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