In a recent statement, Jonathan Kanter, the assistant attorney general for antitrust, emphasized the importance of competition on the merits for Apple shareholders. Kanter highlighted how healthy competition benefits not only businesses but also consumers and the overall economy. This call for fair competition comes in the wake of the Justice Department’s lawsuit against Apple
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The Competition and Markets Authority (CMA) in the U.K. has raised concerns over the proposed merger between Vodafone and CK Hutchison. The regulator is worried that this deal could potentially harm competition in the mobile network sector. The CMA identified several issues with the proposed merger, including a potential price increase for consumers and a
Elon Musk’s startup, Neuralink, recently made headlines with a live video showcasing a patient operating a computer mouse and playing chess using the company’s cutting-edge brain implant technology. The patient, Noland Arbaugh, became the first human to receive Neuralink’s device, marking a significant milestone in the development of brain-computer interfaces (BCI). The goal of Neuralink’s
The recent announcement by the White House regarding Intel being awarded up to $8.5 billion in CHIPS Act funding has sparked discussions within the semiconductor industry. This funding comes at a time when the Biden administration is making efforts to bring semiconductor manufacturing back to U.S. soil. The implications of this funding on the industry
Ledger, a popular crypto wallet maker, is gearing up to release its highly anticipated hardware wallet called Ledger Stax. Designed by none other than Tony Fadell, the inventor of the iPod, this new product is set to hit the market in May of this year. Initially announced in 2022, Ledger Stax will offer crypto investors
Nvidia CEO Jensen Huang recently revealed that the next-generation graphics processor for artificial intelligence, known as Blackwell, will come at a hefty price tag of between $30,000 and $40,000 per unit. This significant cost is attributed to the innovative technology incorporated into the chip, representing a substantial investment in research and development by Nvidia. The
The recent news of Apple being in talks with Alphabet-owned Google to potentially license Gemini, a suite of AI tools, for future iPhones has stirred much excitement in the tech industry. If this collaboration comes to fruition, it could have significant implications for both companies and the smartphone market as a whole. On one hand,
India has set its sights on becoming one of the top five semiconductor producers globally within the next five years. According to Ashwini Vaishnaw, the minister of electronics and information technology, railways, and communications, this move is crucial to establishing India as a key player in the semiconductor market. The global value chains and supply
Norway has become a global leader in electric vehicle (EV) adoption, with a staggering 82% of new cars sold in 2023 being electric. This remarkable achievement can be largely attributed to the incentives and subsidies provided by the Norwegian government to EV owners. Additionally, the country’s significant investment in charging infrastructure has played a crucial
Reddit, the popular online platform, has recently come under scrutiny from the Federal Trade Commission (FTC) regarding its data-licensing business. According to an updated initial public offering (IPO) prospectus, Reddit received a letter from the FTC on March 14, 2024, informing the company that the FTC’s staff is conducting a non-public inquiry into Reddit’s sale,