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Musk’s AI startup sues OpenAI and Apple over anticompetitive conduct
Lawsuit accuses companies of ‘conspiracy to monopolize markets for smartphones and generative AI chatbots’ Elon Musk’s artificial intelligence startup xAI is suing OpenAI and Apple over allegations that they are engaging in anticompetitive conduct. The lawsuit, filed in a Texas court on Monday, accuses the companies of “a conspiracy to monopolize the markets for smartphones…
Trump threatens tariffs on countries that ‘discriminate’ against US tech
President’s move could hit UK’s digital services tax and measures in EU states such as France, Italy and Spain Business live – latest updates Donald Trump has threatened to impose tariffs and export restrictions on countries whose taxes, legislation and regulations target US big tech companies such as Google, Meta, Amazon and Apple. In a…
Trump says Intel has agreed to give US government a 10% stake
Unprecedented deal comes after president demanded CEO Lip-Bu Tan to resign over his ties to Chinese firms The US government has taken an unprecedented 10% stake in Intel under a deal with the struggling chipmaker and is planning more such moves, according to Donald Trump and the commerce secretary, Howard Lutnick, the latest extraordinary intervention…
Wired and Business Insider remove articles by AI-generated ‘freelancer’
At least six publications have taken down articles under the name Margaux Blanchard that were AI-generated Multiple news organisations have taken down articles written by an alleged freelance journalist that now appear to have been generated by AI. On Thursday, Press Gazette reported that at least six publications, including Wired and Business Insider, have removed…
Microsoft workers occupy HQ in protest against company’s ties to Israeli military
Employees outraged by report Azure platform used by Israel to store surveillance data collected on Palestinians Dozens of Microsoft employees occupied the company’s east campus in Redmond, Washington to protest against what they say is the use of its software by the Israeli military to carry out operations in Gaza and enable the surveillance of…
White House launches official TikTok account after Trump vowed ban in 2020
US president was concerned over app’s Chinese ownership, but has softened after believing it won him 2024 election The White House launched an official TikTok account on Tuesday, as Donald Trump continues to permit the Chinese-owned platform to operate in the US despite a law requiring its sale. “America we are BACK! What’s up TikTok?”…
Intel shares jump after report says Trump administration looking at stake
Market value passes $104bn despite White House saying claims of talks to invest in factories are ‘speculation’ Shares in Intel have jumped 7.4% after it was reported that the Trump administration is considering taking a stake in the struggling US chipmaker. The potential investment, which would be paid for by the US government, would be…
Crypto mogul Do Kwon pleads guilty to fraud for $40bn market collapse
Terraform Labs co-founder, pleading guilty to two charges, was accused of misleading investors in 2021 about TerraUSD Do Kwon, the South Korean entrepreneur behind two cryptocurrencies that lost an estimated $40bn in 2022 and caused the market to implode, pleaded guilty on Tuesday to two US charges of conspiracy to defraud and wire fraud. Kwon,…