EU fines Apple €1.8bn over App Store restrictions on music streaming | Technology sector
Apple has been fined €1.8bn (£1.5bn) by the EU following an investigation into restrictions its App Store placed on music streaming providers such as Spotify. The European Commission, the EU’s executive arm, imposed the penalty after finding that the iPhone maker had breached competition law by imposing restrictions on app developers. The investigation was launched […]
This biotech ETF sees ‘breakout’ while U.S. small-cap technology stocks lag – MarketWatch
Hello! This week’s ETF Wrap delves into the surge in biotech funds and the “unusual” trends in U.S. small-cap and small-cap tech stocks. Send your feedback and tips to christine.idzelis@marketwatch.com or isabel.wang@marketwatch.com. You can also follow me on X. @cidzelis and find me linkedin.Isabel Wang @Isabelxwang. sign up here About the weekly ETF wrap. Some […]
AI technology could help US, allies monitor China’s Taiwan invasion intensions
Subscribe to Fox News to access this content Plus, your free account gets unlimited access to thousands of articles, videos, and more. Please enter a valid email address. By entering your email address, you agree to the Fox News Terms of Use and Privacy Policy, including notice of financial incentives. Please check your email and […]
Cisco to lay off 4,000 to focus on AI technology
Information technology and software maker Cisco has announced plans to cut about 4,250 employees to focus on artificial intelligence. The layoffs will represent about 5% of the company’s approximately 85,000 employees worldwide, and will cost the company $800 million before taxes in severance and benefits payments to departing employees. CEO Chuck Robbins told investors that […]
‘Boycott Tesla’ Super Bowl ads target self-driving technology
On Sunday, two Super Bowl ads took aim at Tesla’s self-driving technology, calling on viewers to boycott the company and claiming the company’s vehicles are unsafe. The Dawn Project’s ad echoes the 2023 Super Bowl ad campaign in which an Autopilot-powered Tesla mowed down child-sized dummies in a parking lot. “Here’s what Elon Musk doesn’t […]
Apple’s Vision Pro is a triumph of technology … and a disaster for the human race
of vision pro Apple’s long-awaited reality-warping headset, now shipping for a nominal price of $3,499. Despite the eye-watering price, this product is a hit — Apple We sold 200,000 of these things. before it hits the shelves. Of course, there was no doubt that if any company could bring virtual reality headsets to the masses, […]
Chinese hackers infiltrated plane, train and water systems for five years, US says | Technology
A group of Chinese hackers targeting critical U.S. infrastructure has been active for five years, U.S. and allied intelligence agencies said in a joint statement Wednesday. The U.S. National Security Agency, U.S. cyber surveillance agency CISA, the FBI, and the Transportation Security Administration have reported that a group known as Bolt Typhoon has attacked networks […]
South Korea and Saudi Arabia Sign Deal to Jointly Develop Military Technology
The governments of South Korea and Saudi Arabia have signed a memorandum of understanding to jointly research and develop new weapons technologies, the two countries confirmed on Monday. The deal is the latest expansion in defense cooperation between South Korea and Riyadh, which comes as conservative South Korean President Yoon Seok-yeol expands efforts to elevate […]
San Francisco mayor pushes addiction screening for welfare recipients, new technology for police
San Francisco’s Democratic mayor is pushing two controversial public safety proposals on the March 5 ballot. These include requiring single adults on welfare to be tested and treated for illegal drug addiction or lose their cash assistance. Mayor London Breed also supports a ballot measure that would give police more powers to fight crime, including […]
Samsung’s big leap in technology with its AI-powered Galaxy S24 series phones
The Samsung Galaxy S24 series has arrived. This latest version of Samsung’s Galaxy series is the company’s first foray into the world of mobile artificial intelligence and comes with a ton of advanced intelligence features. It also has an upgraded camera and a better battery than previous Galaxy S series phones. We had a chance […]