Technology

Canada’s Department of Justice has recently expressed concerns regarding Microsoft’s acquisition of Activision Blizzard, stating that the deal is likely to result in reduced competition in certain areas of the gaming industry. This information was revealed in a court filing on Thursday, which included a letter from the department to Microsoft’s US lawyers. The letter,
Inflection AI, a startup in the artificial intelligence (AI) sector, has announced that it raised $1.3 billion in funding. The investment comes from a variety of sources, including Microsoft and Nvidia, and values the company at $4 billion. Inflection AI, founded by Mustafa Suleyman and Reid Hoffman, focuses on developing consumer-facing AI products and is
The Australian government is proposing new laws that could see tech giants like Facebook, Google, Twitter, TikTok, and podcasting services fined up to five percent of their annual global turnover for failing to tackle disinformation. The new laws aim to bring “mandatory” standards to the little-regulated sector. Under the proposed legislation, the Australian Communications and
European Commission Thierry Breton recently held discussions with tech executives Mark Zuckerberg and Sam Altman, during which they expressed their support for government regulation and oversight of artificial intelligence (AI). Breton stated that he and Zuckerberg, CEO of Meta Platforms, were in agreement regarding the EU’s proposed regulation of AI, which is currently in the