Big Tech

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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How Banks and Big Tech Use AI to Modernize Workflows
How Banks and Big Tech Use AI to Modernize Workflows
July 02, 2024  |  artificial intelligence

Unlocking operational leverage is the name of the game for today’s businesses. In the face of ongoing macroeconomic uncertainty, controlling for what is controllable while...

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European Commission Takes Closer Look at Microsoft-OpenAI Ties
European Commission Takes Closer Look at Microsoft-OpenAI Ties
June 28, 2024  |  Big Tech

The European Commission is taking a closer look at the ties between Microsoft and OpenAI. The regulator is sending a follow-up request for information “to...

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Apple Withholds AI, Other Offerings From EU amid DMA Conflicts
Apple Withholds AI, Other Offerings From EU amid DMA Conflicts
June 21, 2024  |  Apple

Apple will reportedly withhold several new technologies from consumers in the European Union (EU). The company will block the release of Apple Intelligence, iPhone Mirroring and SharePlay Screen Sharing in...

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India’s AI Aspirations Draw Multibillion Big Tech Investments
India’s AI Aspirations Draw Multibillion Big Tech Investments
June 17, 2024  |  artificial intelligence

Amazon and Microsoft are reportedly investing billions in India’s artificial intelligence (AI) efforts. As the Financial Times (FT) reported Monday (June 17), India is offering incentives for tech companies to...

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Apple’s AI Effort Makes It World’s Most Valuable Tech Company
Apple’s AI Effort Makes It World’s Most Valuable Tech Company
June 12, 2024  |  Apple

The title of “World’s Most Valuable Company” belongs to Apple once again. As of mid-afternoon Wednesday (June 12), the iPhone maker’s market capitalization stood at...

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Argentina Woos AI Giants as World Steps Up Regulations
Argentina Woos AI Giants as World Steps Up Regulations
June 11, 2024  |  artificial intelligence

Argentina is reportedly promoting itself as an AI hub amid increased oversight of the technology. Javier Milei, the country’s new, libertarian leader, has promised a less...

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