Apple and Microsoft are reportedly relinquishing their non-voting seats on OpenAI’s board. That’s according to a report Wednesday (July 10) from the Financial Times (FT), which notes that the companies’ decisions come amid increased regulatory oversight into tech giants’ investments in artificial intelligence (AI) startups....
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 understand whether certain exclusivity clauses could have a negative effect on competitors,” European Commission Executive Vice President Margrethe Vestager said...
Big Tech companies, including Meta, Alphabet (Google), Amazon, Apple and Microsoft, aren’t getting any smaller. Not only do these businesses represent many of the world’s most valuable public companies by market capitalization, but they increasingly represent the cutting edge of both technological innovation as well as the...
Meta reportedly turned down Google parent company Alphabet’s suggestion that the companies partner on virtual reality (VR), augmented reality (AR) and mixed reality (MR) headsets. Alphabet had suggested that Meta use Google’s Android XR software platform to power Meta Quest headsets, Reuters reported Friday (March 1), citing a paywalled article by The Information. Reached by...
Google’s CEO has reportedly warned employees to expect more job cuts this year. “We have ambitious goals and will be investing in our big priorities this year,” Sundar Pichai said in a Wednesday (Jan. 17) staff memo seen by Alex Heath of The Verge. “The reality is that...
Margrethe Vestager, the European Union’s (EU) antitrust chief, recently met with the chief executives of tech giants Apple, Alphabet and Qualcomm. The purpose of these meetings was to discuss regulation and compliance with competition policies, particularly in the European digital market, Reuters reported Friday (Jan. 12). Vestager took to social media platform X to...
Europe’s top antitrust official is reportedly meeting with several American Big Tech CEOs this week. Margrethe Vestager will meet with executives from Apple, Google, Nvidia, Broadcom and OpenAI to discuss competition policy and digital regulation in the European Union (EU), Reuters reported Friday (Jan. 5). As the report noted, Vestager’s meeting with Apple CEO Tim...
Google, Meta and other tech firms are lobbying for open digital ecosystems in Europe. The two companies are part of the seven-member Coalition for Open Digital Ecosystems (CODE), formed in response to new regulations such as the European Union’s Digital Markets Act, Reuters reported Wednesday...
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 cause for concern, whether it was Apple’s lukewarm holiday forecast, Google’s cloud sales or Tesla suggesting electric car demand has...