China's Alibaba Group has announced a major management reshuffle as the e-commerce giant restructures into six different business divisions to adapt to fast-changing technologies.
The moves also are aimed at spurring growth at a time when the Chinese economy is slowing despite an end to COVID-19 pandemic restrictions a half-year ago.
Full StoryEuropean Union antitrust regulators took aim at Google's lucrative digital advertising business in an unprecedented decision, saying Wednesday that the tech giant must sell off some of its ad business to address competition concerns.
The European Commission, the bloc's executive branch and top antitrust enforcer, said its preliminary view after an investigation is that "only the mandatory divestment by Google of part of its services" would satisfy the concerns.
Full StoryTwo of the U.K.'s biggest mobile phone operators agreed Wednesday to merge their businesses to capitalize on the rollout of next-generation 5G wireless technology in the country.
The tie-up of Vodafone U.K. and Three, which is owned by Hong Kong's CK Hutchison, will create Britain's biggest mobile phone player, with a market value of around 15 billion pounds ($18.75 billion). Vodafone will account for 51% of the merged firm, with CK Hutchison owning the rest.
Full StoryWhen the pandemic hit three years ago, Amazon was one of the few businesses that thrived.
Customers flocked to the online commerce site amid global lockdowns. But even when those lockdowns eventually lifted and Amazon's sales slowed as people returned to stores, the company could still count on its massive cash cow: Amazon Web Services.
Full StoryApple has a long history of designing products that aren't the first to be introduced in a particular category but still redefine the market. With the company unveiling a headset equipped with virtual and augmented reality technology already available in other devices, here is a look back at some of Apple's other breakthrough products:
THE MACINTOSH COMPUTER, UNVEILED JANUARY 1984
Full StoryThe European Union is pushing online platforms like Google and Meta to step up the fight against false information by adding labels to text, photos and other content generated by artificial intelligence, a top official said Monday.
EU Commission Vice President Vera Jourova said the ability of a new generation of AI chatbots to create complex content and visuals in seconds raises "fresh challenges for the fight against disinformation."
Full StoryApple appears poised to unveil a long-rumored headset that will place its users between the virtual and real world, while also testing the technology trendsetter's ability to popularize new-fangled devices after others failed to capture the public's imagination.
After years of speculation, the stage is set for the widely anticipated announcement to be made Monday at Apple's annual developers conference in a Cupertino, California, theater named after the company's late co-founder Steve Jobs. Apple is also likely to use the event to show off its latest Mac computer, preview the next operating system for the iPhone and discuss its strategy for artificial intelligence.
Full StoryA California bill that would force Big Tech companies to pay media outlets for posting and using their news content cleared another critical hurdle Thursday.
The measure is among hundreds of bills that passed in the state Senate and Assembly this week before Friday — the last day a bill can pass out of its original chamber and get a chance to become law later this year.
Full Story
The hottest thing in technology is an unprepossessing sliver of silicon closely related to the chips that power video game graphics. It's an artificial intelligence chip, designed specifically to make building AI systems such as ChatGPT faster and cheaper.
Full StoryThe Chinese government on Wednesday defended its ban on products from U.S. memory chipmaker Micron Technology Inc. in some computer systems after Washington expressed concern, adding to strains over technology and security.
The security review of Micron products was "conducted in accordance with the law," said a foreign ministry spokesperson, Mao Ning.
Full Story