More legal drama for Elon Musk's X after it sues watchdog that reported hate speech increase on Twitter. AFP meanwhile sues X in Paris
TECHNOLOGY POWERING BUSINESS
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Amazon Clinic Rolls Out Across US, As Healthcare Push Continues
Amazon's virtual doctor's surgery, known as Amazon Clinic, is now available in all 50 US states, as well as Washington DC
ARM Targets $60 Billion Valuation For IPO
Owner Softbank seeks valuation of $60 to $70 billion for September IPO of British chip designer ARM Holdings
Meta Begins News Closure In Canada Over Publisher Payment Law
After repeated warnings, Meta begins process to end Facebook, Instagram news access in Canada, as government labels move 'irresponsible'
EU Launches Probe Into Spanish Ride-Hailing Restrictions
EU launches initial probe into whether Spanish regulations breach law after landmark court ruling favours ride-hailing apps
Silicon UK In Focus Podcast: The State of MedTech
What is the current state of MedTech? Across the MedTech landscape where are the most transformative innovations making a tangible difference to patient care? And what does the future of MedTech look like?
Mark Zuckerberg Admits More Than Half Of Users Have Left Threads
Honeymoon for Twitter rival Threads is over, but Meta Platforms plans “retention-driving hooks” for the messaging app
Samsung Extends Chip Production Cuts After $7 Billion Loss
Electronics giant extends production cuts of memory chips after $7 billion loss in first half of 2023, but says the worse is over
Facebook Parent Meta Profits From Advertising Increase
Year of efficiency paying off for Mark Zuckerberg, as Meta enjoys a strong second quarter thanks in part to advertising uptick
Apple Mulls Price Rise For iPhone Pro – Report
Amid popularity of the iPhone 14 Pro and Pro Max models, Apple is reportedly considering raising the prices for new Pro handsets
Virgin Media O2 To Axe 2,000 UK Jobs
Price of 2001 merger? Virgin Media O2 is to axe 12 percent of its workforce, as it seeks to “simplify” its operating model
Alphabet CFO Steps Aside, As Q2 Profit Beats Expectations
CFO Ruth Porat to take charge of Google's 'Other Bets' portfolio, as second quarter profit beat expectations
Microsoft Signals Heavy AI Spending, Amid Healthy FY23 Results
Software giant beats Wall Street Q4 expectations, as firm details heavy spending to meet demand for AI services
Meta, Microsoft Own Trademarks For New Twitter Name
Potential trouble for Elon Musk as it emerged that Meta Platforms, Microsoft, and hundreds of others, own X trademarks
Mobile Roaming Charging Sees Ofcom Propose New Rules
After most UK mobile operators reinstated roaming charges for users in Europe, regulator proposes mandatory alerts
Apple Developing ChatGPT AI Equivalent – Report
Report suggests Apple is quietly developing its own artificial intelligence tools to challenge those of OpenAI, Google etc
Twitter Seeks End Of Privacy Agreement With FTC
Elon Musk's Twitter asks US court to nullify consent order with FTC over data breaches, and takes aim at prominent Musk critic
Apple Warns Of FaceTime, iMessage Withdrawal In UK Over Act Changes
UK government warned by Apple it will not comply with proposed updates to Investigatory Powers Act, and could withdraw FaceTime, iMessage
Global IT Spend To Rise Amid Automation Focus, Says Gartner
Economic uncertainty and ongoing struggle with skills shortage, will not impact IT spending for businesses, Gartner finds
Microsoft, Activision Extend Deal Deadline To Secure UK Approval
Microsoft continues to pull out all the stops to secure its $69 billion acquisition of gaming giant Activision Blizzard, as deal is extended
Record Price For Engineer’s First Generation Apple iPhone
Unopened 'holy grail' Apple iPhone from 2007 belonging to original engineering team member, fetches record price at auction
Twitter To Share Ad Revenues With Content Creators
Amid reports that Twitter traffic is tanking, Elon Musk platform offers content creators part of advertising revenue
Chinese Hackers Compromised Emails Of US Commerce Secretary
Fallout spreads from cyberattack by China-based hackers, as emails from head of US Commerce Department reportedly compromised
Twitter Owes Former Staff $500m, Lawsuit Claims
Lawsuit from Twitter's head of employee benefits alleges Elon Musk platform owes sacked staff $500m in severance payments
Twitter Sues Four Texas Firms For Data Scraping
Lawsuit filed against four unnamed entities in Texas after Elon Musk railed last week against data scraping and limited user views
Microsoft Blow As FTC Files Activision Appeal
FTC files rare appeal against court ruling, allowing Microsoft's acquisition of Activision Blizzard to go ahead
PC Shipment Decline Slows In Q2, Says Gartner
Gartner PC shipment results mirror Canalys data, after finding a 16.6 percent shipment decline in the second quarter
Online Safety Bill: Lords Demand Changes To Social Media Algorithms
House of Lords fails to object to encryption demands in Online Safety Bill, but rather harmful algorithms for social media
Nvidia In Talks To Be Anchor Investor In ARM – Report
GPU powerhouse reportedly in talks with British chip designer ARM, ahead of its September floatation in New York
Judge Declines FTC Injunction In Microsoft Activision Blizzard Purchase
Federal judge in San Francisco denies FTC preliminary injunction to halt Microsoft from acquiring Activision Blizzard by 18 July