Elon Musk gains dismissal of lawsuit claiming he refused to pay $500m severance to thousands of fired Twitter staff
TECHNOLOGY POWERING BUSINESS
News Regulation
EU Tariffs On Chinese EVs Come Into Force
Higher EU tariffs on certain Chinese EV makers kicked in this week, as Brussels follows US to protect domestic motor industry
Editorial: Labour Wins: A New Tech Strategy for Britain?
As Labour rolls out ambitious plans, including a focus on AI in healthcare and support for startups, the success of this multifaceted strategy will depend on navigating complex challenges and maintaining a dynamic yet secure tech envir ...
Russia’s Central Bank Tells Businesses To Use Crypto To Avoid Sanctions
Sanctions busting. Russian businesses told to use cryptocurrencies and other digital options to make payments with foreign customers
ASML Veldhoven Expansion Gains Dutch Court Approval
Expansion of ASML's operations in The Netherlands receives court approval, after objections from two neighbours
Fisker Seeks Approval For Firesale Of Remaining EVs
Fisker asks bankruptcy judge for permission to sell remaining Ocean SUV at just $14,000 per EV, down from $70,000
EU Proposes Import Duties On China’s Temu, Shein, AliExpress – Report
European Union is reportedly drawing up plans to impose custom duties on a number of Chinese online retailers
Biden Administration Revoked Eight Licences For Huawei In 2024
US continues to restrict Hauwei's access to American technology after revoking eight export licences this year
Japan’s Government Ends Use Of Floppy Disks
Decades overdue. Japanese government finally realises it is no longer the 1990s and confirms it has ended use of floppy disks
Google Adds AI Disclosure Requirements For Political Ads
Google adds disclosure requirements for AI-generated or digitally altered content in political ads as elections loom
US Supreme Court Sidesteps Decision On Social Media Laws
US Supreme Court throws out lower court decisions on Florida, Texas laws imposing social media regulation, demands more research
Meme Stock GameStop Sinks On Lawsuit News
Meme stock GameStop, known for a stellar rally in 2021 spurred by social media, shows volatility on news of probes into 'Roaring Kitty'
France Prepares Formal Nvidia Antitrust Charges
French antitrust regulator reportedly preparing formal charges against Nvidia following dawn raids last September, amidst AI surge
EU Finds Meta Subscription Plan Violates DMA Rules
European Commission provisionally charges Meta with violating DMA competition rules over Facebook, Instagram subscription plans
SEC Files Lawsuit Against Crypto Firm Consensys
SEC files latest enforcement lawsuit against crypto firm Consensys as it seeks to apply established rules to digital assets
EU Focuses On Microsoft-OpenAI Deal In New Probe
EU steps up scrutiny of artificial intelligence (AI) industry with probes into Microsoft's OpenAI investments, Google's AI deal with Samsung
India Investigates After Report Claims Apple Supplier ‘Excluded Married Women’
Indian government investigates after report claims Apple iPhone supplier Foxconn 'systematically' excludes married women
Tesla Argues Elon Musk Won Battle Over $56 Billion Pay Package
Tesla, citing shareholder vote, claims Elon Musk has won the legal battle over $56bn pay package, despite judge ruling against it
FBI Offers $5 Million Bounty For Fugitive ‘CryptoQueen’ Ruja Ignatova
US authorities place huge bounty on Ruja Ignatova, the former leader of OneCoin cryptocurrency Ponzi scheme
Supreme Court Backs Biden In Social Media Misinformation Case
US Supreme Court sides with Biden after Republican-led states challenged federal halt of misinformation posts on social media
Tesla Issues Fourth Recall For Cybertruck
Most Cybertrucks in the United States are being recalled over problems with windshield wipers and exterior trim
Microsoft At Risk Of EU Antitrust Charge Over Teams Bundling With Office
Unfair advantage says EU regulator, as Microsoft faces antitrust charge for bundling its Teams video app with Office suite
Julian Assange Freed After US Plea Deal, Returns To Australia
Wikileaks founder Julian Assange lands at military airbase in Australia, after being freed by UK following plea deal with United States
Recording Labels Sue Start-Ups Over AI-Generated Music
World's biggest music groups sue two AI start-ups over auto-generated songs they say are trained on copyrighted content
White House Says Microsoft’s G42 AI Deal ‘Positive’ As It Ousted Huawei
White House says Microsoft's $1.5bn investment in AI company G42 was 'positive' because it forced Huawei divestment
China Memory Chip Maker YMTC Sues Tech Consultancy For Libel
Chinese memory chip maker YMTC sues Danish tech consultancy Strand Consult for libel in California amidst geopolitical hostilities
EU, China Agree To Talks Over Planned EV Tariffs
EU, China hold talks and agree to further negotiations as bloc plans tariffs up to 38 percent on Chinese electric vehicle (EV) imports
EU Finds Apple In Breach Of DMA Competition Rules
European Commission finds Apple in breach of DMA competition rules in first decision under new competition law targeting tech 'gatekeepers'
US Government Prepares TikTok Lawsuit Over Child Privacy
US Department of Justice prepares lawsuit alleging TikTok violated child data privacy laws, as company's legal troubles mount
US Publishes Draft Rules On China AI, Chip Investment
US publishes draft rules governing investments into AI, other emerging technologies in China amidst political tensions