Tech News

On Thursday, a judge from Brazil’s top court decided to close the investigation into Alphabet’s Google and Telegram for allegedly coordinating their opposition to a bill designed to combat fake news. This pending bill would mandate that internet companies’ search engines and social messaging services identify and report illegal content, with significant fines imposed for …

Brazilian judge ends investigation into Google and Telegram coordination Read More »

Japan’s SoftBank Group (9984.T) plans to expand its power generation business, focusing mainly on the United States, to support generative artificial intelligence projects globally, founder Masayoshi Son announced on Thursday. SB Energy, backed by SoftBank Group, develops and operates renewable electricity businesses across the U.S. Son also mentioned that the group will seek new investment …

SoftBank’s Son: Plans to Expand US Power Business for Generative AI Read More »

Tencent (0700.HK) announced that starting Thursday, it will remove its popular mobile game “Dungeon & Fighter” (DnF Mobile) from select Android app stores due to expired contracts. This move reflects ongoing tensions between game developers and distributors in China, particularly over revenue-sharing issues as mobile games gain traction in the broader gaming market. Revenue-sharing splits, …

Tencent’s ‘Dungeon & Fighter’ game removed from certain Android app stores Read More »

Virtual reality technology continues to gain popularity, with major brands like Meta, PlayStation, Valve, and HTC launching various VR headsets to differing degrees of success. While the technology itself is impressive and expected to evolve further, a significant barrier remains: cost. Many potential users find themselves unable to afford VR experiences, as even the most …

A cheaper Meta VR headset Read More »

Adobe (ADBE.O) raised its revenue forecast for fiscal 2024 on Thursday, citing increased adoption of its AI-driven editing tools by businesses and consumers amid signs of economic stabilization. Shares of the San Jose, California-based company surged over 16% in after-hours trading. The updated outlook now anticipates revenue ranging from $21.40 billion to $21.50 billion, compared …

Adobe increases annual revenue outlook due to strong software demand Read More »

ByteDance, the parent company of TikTok, announced plans to reduce staff at its Indonesian division following its acquisition of a local e-commerce firm and integration with TikTok operations. A spokesperson confirmed on Friday that layoffs would occur but did not specify the exact number of employees affected. Earlier reports from Bloomberg suggested around 450 jobs …

ByteDance confirms plan to lay off employees at its Indonesian unit Read More »

Microsoft (MSFT.O) will not release “Recall,” an AI-powered feature that tracks computer usage, with its new computers next week. Instead, it will preview the feature with a smaller group later, the tech giant announced on Thursday, citing privacy concerns. The Recall feature tracks activities ranging from web browsing to voice chats, creating a searchable history …

Microsoft postpones release of Recall AI feature due to security concerns Read More »

Amazon (AMZN.O) announced a $230 million investment in artificial intelligence startups through Amazon Web Service (AWS) credits, underscoring cloud providers’ efforts to attract AI clients in early stages. This initiative will grant generative AI startups access to computing power, various AI models, and infrastructure at no cost if they establish their operations on AWS. According …

Amazon grants $230 million worth of cloud credits to artificial intelligence startups. Read More »

The National Highway Traffic Safety Administration announced on Wednesday that it is seeking further information regarding a series of incidents involving Alphabet’s Waymo (GOOGL.O) self-driving vehicles. In May, the U.S. auto safety regulator initiated an investigation following 22 reports concerning Waymo’s robotaxis. These reports raised concerns about driving behaviors potentially in violation of traffic laws …

US regulators ask Waymo for information in self-driving vehicle investigation Read More »