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Too tricky to cancel: Amazon faces US trial over alleged Prime subscription deceptions
E-commerce giant accused of using tricks to enroll millions into membership and making it nearly impossible to cancel Amazon went to trial on Monday in a US government lawsuit that accuses the e-commerce giant of using tricks to enroll millions of customers in its Prime subscription service and then making it nearly impossible to cancel.…
Trump says Rupert and Lachlan Murdoch likely part of US TikTok deal
US president tells Fox News ‘a man named Lachlan is involved … that’s a very unusual name, Lachlan Murdoch’ Rupert Murdoch and his son Lachlan Murdoch will probably be involved in the effort to buy TikTok in the US, Donald Trump said in an interview on Sunday. The president was asked about the status of…
Nvidia to invest $5bn in Intel after Trump administration’s 10% stake
Deal gives Intel a lifeline as firms team up on AI datacenters and PC chips after Trump stake sparks market surge Nvidia, the world’s leading chipmaker, has announced plans to invest $5bn in Intel and collaborate with the struggling semiconductor company on products. A month after the Trump administration confirmed it had taken a 10%…
‘I have to do it’: Why one of the world’s most brilliant AI scientists left the US for China
In 2020, after spending half his life in the US, Song-Chun Zhu took a one-way ticket to China. Now he might hold the key to who wins the global AI race By the time Song-Chun Zhu was six years old, he had encountered death more times than he could count. Or so it felt. This…
Larry Ellison: Oracle co-founder who overtook Musk as world’s richest person
Tycoon who briefly surpassed Elon Musk is a friend of Trump, owner of Hawaii island and father of man who took over CBS Larry Ellison, the co-founder of software company Oracle, is having a good year. His friend Donald Trump is in the White House, his son David Ellison has taken over the storied media…
Apple debuts thinner, $999 iPhone Air at ‘awe-dropping’ annual product event
Company also augments AirPods earbuds with live translation and reveals upgrades to Apple Watch Apple debuted its latest iPhone on Tuesday, trumpeting the smartphone’s slimmest design yet. The device, named the iPhone Air, is one of several upgrades the company unveiled at its annual product showcase, promoted with the title “awe-dropping”. The event kicked off…
Apple to debut new, thinner iPhone at ‘awe-dropping’ annual product event
Company also planning to reveal Apple Watch series 11 and update to AirPods earbuds Expect Apple’s latest iPhone to look slimmer when it debuts on Tuesday. The company is slated to unveil its thinnest iPhone yet at its annual product showcase, promoted with the title “awe-dropping”. The event will take place at its Cupertino headquarters…
EU fines Google nearly €3bn for ‘abusing’ dominant position in ad tech
Regulators ordered the tech giant to end ‘self-preferencing practices’ in advertising services but declined to force sale European Union regulators on Friday hit Google with a €2.95bn ($3.5bn) fine for breaching the bloc’s competition rules by favoring its own digital advertising services, marking the fourth such antitrust penalty for the company as well as a…
Tesla offers Elon Musk a trillion-dollar pay package
CEO will have to increase the value of his electric car company from just over $1tn to $8.5tn over 10 years Business live – latest updates Elon Musk could become the world’s first trillionaire if he hits targets set by Tesla, under a scheme disclosed by the electric car company he runs and in which…