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Adobe, Figma pull the plug on $20 billion merger
Dec 26,2023
Adobe and collaborative interface design tool provider Figma will not complete their planned$20 billion merger, as pressure from US and European regulators made the deal's path to completion too treacherous.The companies, in a joint statement issued ...
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Japan partners with Nvidia to boost GPU stock pile
Dec 11,2023
Nvidia CEO Jensen Huang, on Monday, said he will "prioritize" Japan for batches of GPUs to help develop the nation's AI industry, promising partnerships with local giants including Softbank to help develop the industry locally."Demand is very high, b...
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AI Alliance, led by IBM and Meta, to promote open standards and take on AWS, Microsoft, and Nvidia
Dec 11,2023
The AI Alliance, a new collaboration among 50 companies and institutions led by IBM, Meta and AMD, is expected to bring the rivalry between open source and proprietary technology to new frontiers in generative AI, challenging current big players incl...
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Spanish media's $600M suit against Meta is based on GDPR noncompliance
Dec 11,2023
Facebook parent company Meta is facing yet another legal challenge over user privacy, as a Spanish media company representing top media outlets in the country is suing the social media giant for$600 million for competitively unfair advertising practi...
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Dutch chip equipment maker ASM to invest $324M in new Arizona headquarters
Dec 11,2023
Dutch provider of key semiconductor technology ASM International is expanding its operations in Arizona with plans to invest$324 million over five years to build a new headquarters in Scottsdale. The state-of-the-art facility will focus on technology...
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Twilio sheds jobs in third round of layoffs
Dec 11,2023
Cloud communications company Twilio is planning to reduce its workforce by 5%, marking its third significant reduction in staff numbers.Twilio is making cuts mainly in the sales teams for its consumer data and contact center software. The company has...
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US, UK, Japan, and other major powers sign AI security accord
Dec 04,2023
Twenty-two law enforcement and intelligence agencies from 18 different countries signed an international agreement on AI safety over the weekend, which is designed to make new versions of the technology "secure by design."This agreement comes months ...
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EU Commission to Amazon: iRobot purchase could leave competitors in the dust
Dec 04,2023
The European Commission (EC) has put Amazon on notice that regulators believe its proposed$1.4 billion acquisition of robot vacuum cleaners (RVCs) iRobot may leave its European competitors in the dust.EU legislators are worried that purchasing the ma...
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Digital advocacy group criticizes current scope of the EU AI Act
Dec 04,2023
Digital Europe, an advocacy group that represents digital industries across the continent, has released a joint statement ahead of the EU's AI Act's final weeks of negotiations, warning that over-regulation could stymie innovation and cause startups ...
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How to keep remote workers connected to company culture
Nov 13,2023
Even as some companies demand that workers return to the office, remote work is here to stay - in one form or another. But keeping far-flung, work-from-anywhere staffers connected to company goals and culture remains an ongoing challenge."Before...
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Canon's alternative chip equipment likely subject to trade curbs to China
Nov 13,2023
Canon has said it will be offering nano-imprinting lithography (NIL) at a lower price than ASML chip-making technology, potentially allowing smaller manufacturers to make leading-edge semiconductors, but the new chips are likely to face trade sanctio...
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Microsoft to use Oracle's OCI Supercluster for Bing conversational searches
Nov 13,2023
In an extension of their AI partnership, Oracle and Microsoft have signed a multiyear agreement to support the growing demand of Bing conversational searches, which was opened to the public recently.  As part of the agreement, Microsoft will use...
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