EU Begins Early-Stage Probe Into AI Chip Market Abuses that Nvidia Dominates
The European Union is examining alleged anticompetitive abuses in chips used for artificial intelligence, a market that’s dominated by Nvidia Corp.
Bloomberg Tech
Trolls in Slovakian Election Tap AI Deepfakes to Spread Disinfo
Videos featuring AI-generated deepfake voices of politicians are spreading on social media ahead of the Slovak parliamentary elections this weekend, showcasing how the emergent technology is being harnessed for political disinformation.
Striking South African Coal Port Workers Reject Wage Offer
Workers at the Richards Bay Coal Terminal in South Africa rejected its latest wage offer and will continue to strike, according to the main labor union at the port.
Three Arrows Co-Founder Zhu Apprehended, Liquidator Says
Three Arrows Capital co-founder Su Zhu was apprehended in Singapore while trying to leave the country on Friday.
American Manufacturing Is Coming Back, at Least in Los Angeles
Better, smarter robots are leading a new industrial boom in the city of angels.
Megacap Slump Is Testing Apple’s Safe-Haven Status
The Fed-induced selloff in technology stocks has traders dusting off their turmoil playbooks. Trouble is, one of the most popular strategies isn’t working: hiding out in Apple Inc.
Google Search Is Like ‘Cigarettes or Drugs,’ Executive Said
A senior Google executive once likened the company’s search advertising business to selling drugs, calling it “one of the world’s greatest business models ever created” since the company can “ignore” users and focus on generating revenue from advertising.
Philips May Deal With Recall Fallout for 7 More Years, CEO Says
Royal Philips NV may have to deal with the consequences of a costly recall of sleep apnea devices for another seven years, according to its chief executive officer.
Social Media Laws Backed by GOP Draw US Supreme Court Scrutiny
The US Supreme Court agreed to review Florida and Texas laws that would sharply restrict the ability of the largest social media platforms to police political misinformation in a case that will shape the rules online in the run-up to the 2024 election.
China Seeks to Make Travel, Payments Easier for Foreigners
China plans to make it easier for foreign tourists to book tickets, register at hotels and use their overseas bank cards in an effort to boost stubbornly low visitation figures.