Meta Platforms Microsoft X and Match Group filed a legal petition protesting Apple app store policies, objecting to how the tech giant has complied with a federal court ruling that ordered Apple to allow alternative payment methods. The four companies, which have some of the most popular apps on the app store, join Fortnite-maker Epic Games in protesting Apple’s plan to charge a commission for payments made outside the app store. The briefing underscores the extent to which Apple’s rivals and other technology players intend to continue fighting to force the iPhone maker to loosen its tight controls over third-party software...
Continue ReadingThe Biden administration announced strict new riles for vehicle emissions but gave automakers more time to comply...
Continue ReadingThe Biden administration on Wednesday slashed its target for U.S. electric vehicle adoption from 67% by 2032 to as little as 35% after industry and autoworker backlash in the political battleground state of Michigan. The Environmental Protection Agency instead adopted a “technology neutral” regulatory scheme that allows automakers far more freedom to meet emissions standards with gas-electric hybrids, which many environmentalists have opposed as a half-measure that delays the EV transition. EPA administrator Michael Regan told reporters the new rules would nonetheless achieve the same greenhouse-gas reductions as the original EPA proposal for a far more aggressive EV transition...
Continue ReadingGoogle's competitive positioning in the LLM landscape would gain significant points if a deal materializes. Find out why GOOG stock is a Buy...
Continue ReadingTesla, Inc. stock is currently in decline, with analysts lowering ratings and negative news emerging. Read more about TSLA stock here...
Continue ReadingA federal judge on Wednesday declined to sanction Michael Cohen, the former fixer for Donald Trump, for mistakenly giving his lawyer fake case citations generated by artificial intelligence, calling the episode "embarrassing." U.S. District Judge Jesse Furman in Manhattan also refused to end court-supervised release for Cohen, who pleaded guilty in 2018 to campaign finance violations and tax evasion and served time in prison, and suggested Cohen may have perjured himself. Furman's decision came as Cohen prepares to be a star witness against Trump in the former president's upcoming criminal trial in Manhattan...
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Continue ReadingGoogle stock perked up on reports of talks to license Alphabet's Gemini AI training to Apple for use in iPhones...
Continue ReadingAmazon's (AMZN) AWS extends collaboration with NVIDIA to strengthen its portfolio offerings with generative AI technology...
Continue ReadingThe Management Top 250 ranking, compiled by researchers at the Drucker Institute, part of Claremont Graduate University, compares companies using the late management guru Peter Drucker’s principles to identify the most effectively managed businesses. The five main components of the ranking are customer satisfaction, employee engagement and development, innovation, social responsibility and financial strength...
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