Archive | October, 2023

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Microsoft completes Activision Blizzard takeover after getting UK approval

Microsoft said that it had completed one of the biggest takeovers in computer gaming history after winning approval from the UK regulator. In a US regulatory filing the company said that the 69 billion US dollars (£56.6 billion) deal, which was announced in January 2022, had been completed on Friday. It comes after the Competition […]

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Meta and X questioned by US legislators over AI-generated political deepfakes

US legislators are calling on social media platforms X, Facebook and Instagram to explain why they are not imposing labels on deceptive AI-generated political advertisements that could fake a candidate’s voice or actions. Two Democratic members of Congress have sent a letter to Meta chief executive Mark Zuckerberg and X boss Linda Yaccarino expressing “serious […]

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Google AI ‘miles ahead’ of rivals and helps Pixel phones stand out, exec says

Google’s artificial intelligence tech is “miles ahead” of the competition, one company executive has said, as the firm unveiled its latest flagship smartphones. The new Google Pixel 8 and 8 Pro include the tech giant’s latest Tensor G3 processor, which Google says will allow AI to help users more easily carry out daily tasks. The […]

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UK Competition regulator to investigate £7.5bn cloud services market

Britain’s £7.5 billion cloud services market is to be investigated by the UK competition watchdog, after regulator Ofcom raised concerns about the dominance of technology giants Amazon and Microsoft. Ofcom confirmed it has referred the cloud services market, a backbone of the online world, to the Competition and Markets Authority (CMA) for an in-depth probe, […]

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TikTok ends retail business in Indonesia after ban on social media shopping

TikTok has said it will halt its online retail operation in Indonesia to comply with the country’s decision to ban e-commerce transactions on social media platforms – a big blow to the video platform’s fastest-growing market. The Indonesian government announced the new regulation, which prohibits social media companies from facilitating sales of products on their […]

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