U.S. Judge Temporarily Blocks Microsoft’s Acquisition of Activision Blizzard

June 14, 2023 – The Federal Trade Commission (FTC) of the United States has sought a temporary restraining order from a federal court in California, requesting the judge to halt the acquisition of video game development company Activision Blizzard by Microsoft Corporation. The FTC alleges that this acquisition may potentially violate antitrust laws. In a…

Read More

Meta Revamps AI Training in the UK: Public Posts to Fuel Data Collection Next Week

September 14, 2024 – Meta, the tech giant, unveiled on September 13th its revitalized AI training initiative, committing to a responsible and transparent approach. This endeavor entails leveraging public posts from British users on Facebook and Instagram to refine its AI capabilities. In response to regulatory directives, Meta has introduced a revamped “opt-out” mechanism, enhancing…

Read More

Baidu’s AI Chip Division Kunlunxin Pushes Ahead with Main Board IPO in Hong Kong

June 30, 2026 – Kunlunxin Technology, Baidu’s dedicated subsidiary focused on self-developed artificial intelligence silicon chips, is pressing forward with its initial public offering on Hong Kong Stock Exchange’s Main Board, eyeing a headline valuation of roughly USD 50 billion as market watchers track the landmark domestic semiconductor listing. The chip firm took a critical…

Read More

Apple Stake Halved: Buffett’s Berkshire Hathaway Hits $1 Trillion Market Cap Milestone!

August 30, 2024 – Berkshire Hathaway, helmed by the legendary “Sage of Omaha,” Warren Buffett, has achieved a historic milestone by surpassing the colossal market valuation of $1 trillion for the first time, emerging as the pioneering non-tech US corporation to reach this pinnacle. This feat underscores the enduring strength and resilience of the conglomerate…

Read More