The European Commission does not think that imposing a network fee on Big Tech companies is a viable solution to the debate over who should fund the rollout of 5G and broadband, a spokesman for the EU executive said on Thursday. The issue pits Deutsche Telekom, Orange , Telefonica and Telecom Italia against Alphabet’s Google, […]
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Apple CEO Tim Cook signaled on Thursday the iPhone maker was ready to spend more to catch up to rivals in artificial intelligence by building more data centers or buying a larger player in the segment, a departure from a long practice of fiscal frugality. Apple has struggled to keep pace with rivals such as […]
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Big Tech is spending more than ever on artificial intelligence – but the returns are rising too, and investors are buying in. AI played a bigger role in driving demand across internet search, digital advertising and cloud computing in the April-June quarter, powering revenue growth at technology giants Microsoft, Meta, Amazon and Alphabet . Betting […]
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At Microsoft’s earnings call on 30 July, CEO Satya Nadella announced that their GitHub Copilot has hit 20 million all-time users. Microsoft also reported that GitHub Copilot is among the most popular AI coding tools offered today and is used by 90 per cent of Fortune 100 companies. They also added that the product’s growth […]
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Alphabet’s Google will sign the European Union’s code of practice which aims to help companies comply with the bloc’s landmark artificial intelligence rules, its global affairs president said in a blog post on Wednesday, though he voiced some concerns. The voluntary code of practice, drawn up by 13 independent experts, aims to provide legal certainty […]
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Microsoft forecast on Wednesday a record $30 billion in capital spending for the current fiscal first quarter, after booming sales in its Azure cloud computing business showcased the growing returns on its massive bets on artificial intelligence. Shares of the software company rose 9% in extended trading after it said Azure sales surpassed $75 billion […]
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Microsoft is investigating whether a leak from its early alert system for cybersecurity companies allowed Chinese hackers to exploit flaws in its SharePoint service before they were patched, Bloomberg News reported on Friday. A security patch Microsoft released this month failed to fully fix a critical flaw in the U.S. tech giant’s SharePoint server software, […]
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Google CEO Sundar Pichai says the company continues to attract top AI talent, brushing off concerns about the ongoing AI talent war in Silicon Valley, where top tech companies are poaching talent from each other to stay ahead in the intensifying AI race. During Alphabet’s second-quarter earnings call, Pichai said Google has seen such moments […]
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The European Commission will not ask Alphabet, Amazon, Apple , ByteDance, Meta Platforms and Microsoft to pay the cost of monitoring their compliance with a new digital law, the EU tech chief said on Wednesday. Germany and European Parliament lawmakers have lobbied for a supervisory fee to be levied on Big Tech to help EU […]
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A cyber-espionage campaign centered on vulnerable versions of Microsoft’s server software now involves the deployment of ransomware, Microsoft said in a late Wednesday blog post. In the post, citing “expanded analysis and threat intelligence,” Microsoft said a group it dubs “Storm-2603” is using the vulnerability to seed the ransomware, which typically works by paralyzing victims’ […]
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