Technology
Apple loses challenge against EU digital competition rules
Apple lost its bid to escape digital competition rules after an EU court on Wednesday rejected the U.S. giant’s challenge.This post was originally published on this site
Technology
Technology
Netflix strikes deals in short-form video push
Netflix is pushing deeper into the short-form video territory dominated by TikTok and YouTube, striking licensing deals with a slate of major U.S. media publishers to carry bite-sized content on its platform.This post was originally […]
Technology
When shareholder activists attack a company, its rivals may feel the heat too and change their ways
Shareholder activists are investors who leverage their ownership in a company to push for change.This post was originally published on this site
Technology
Samsung expects 1,800% operating profit leap on AI boom
South Korean technology giant Samsung Electronics forecast Tuesday a massive 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips.This post was originally published on this site
Technology
Microsoft cuts 4,800 job as it revamps Xbox
Microsoft said Monday it was eliminating about 4,800 jobs—roughly 2% of its global workforce—in a cost-cutting move that will deliver a sweeping restructuring of its struggling Xbox gaming division.This post was originally published on this […]
Technology
Sky strengthens UK streaming offer with ITV deal
Sky television on Monday said it had agreed to buy ITV’s media and entertainment business for up to £1.6 billion ($2.1 billion), creating a heavyweight in UK streaming.This post was originally published on this site
Technology
AI race weakens climate pledges at Google, Amazon
Google and Amazon this week reported sharp increases in greenhouse gas emissions, driven by the frantic construction of artificial intelligence infrastructure that is pushing the tech giants further from their carbon-neutrality pledges.This post was originally […]
Technology
New database for subsurface energy storage could be boon for natural gas industry
Researchers at the University of Texas at Austin have produced a new analysis of underground natural gas storage sites around the country. The analysis can help guide future expansion of natural gas storage capacity, optimize […]
Technology
EU top court upholds record 4.1 bn euro Google fine
The EU’s top court on Thursday upheld a record 4.1 billion euro ($4.7 billion) fine the bloc slapped on Google for anticompetitive practices related to its Android operating system.This post was originally published on this […]
Technology
Airlines maintain flight frequencies despite increased competition from high-speed rail
The liberalization of the high-speed rail market in Spain in 2020 led to an increase in passenger numbers compared with its competitor, air travel. Airlines responded to this increased competition by reducing seat capacity by […]