The UK’s Competition and Markets Authority (CMA) has launched a formal investigation into Apple’s mobile browser policies, claiming that the tech giant’s restrictions hinder competition and innovation. The CMA's provisional findings highlight Apple's closed ecosystem as a significant barrier for third-party browsers on iOS, limiting developers' ability to offer new and improved features. CMA's Findings Point to Innovation Roadblocks Following…

Google Lens is evolving its capabilities to improve the in-store shopping experience, offering users the ability to receive search results tailored to the specific store they are in. The updated feature, launched this week, allows shoppers to take pictures of items in-store and instantly access detailed product information, reviews, and even compare prices with competitors. Bridging the Gap Between In-Store…

The US government has finalized its agreement with Taiwan Semiconductor Manufacturing Company (TSMC), awarding the company $6.6 billion in incentives under the CHIPS Act. TSMC, a key player in semiconductor production, will receive the first tranche of $1 billion by the end of this year, with plans for a $65 billion factory complex in Arizona. This investment aims to revitalize…

Amazon is reportedly developing smart glasses designed specifically for its delivery drivers, potentially signaling a new era of streamlined logistics. According to sources familiar with the matter, these glasses, based on the Echo Frames, are expected to help cut valuable seconds from every delivery. The project, internally known as "Amelia," is still in the early stages but is being seen…

The European Union has taken a decisive step in shaping the future of artificial intelligence by releasing its first draft of regulatory guidance for general-purpose AI (GPAI) models. This draft, part of the broader AI Act that came into force in August, is designed to address the challenges posed by advanced AI systems and lay the groundwork for responsible AI…

DeepL, the German-based translation platform, has introduced DeepL Voice, a new tool enabling users to hear live translations in multiple languages. The feature, designed for real-time conversations and video calls, builds upon DeepL's longstanding reputation for delivering highly accurate and nuanced translations. As a new addition to the platform’s capabilities, DeepL Voice aims to enhance communication across language barriers, setting…

US shares surged to new record highs, and Bitcoin also reached an all-time peak, following Donald Trump's re-election win in a closely watched and historic presidential race. Investors flocked to stocks and cryptocurrencies, buoyed by Trump's economic policies that promised tax cuts and a tough stance on global trade. Wall Street Celebrates Trump’s Victory The major US stock indexes saw…

Microsoft CEO Satya Nadella has received a staggering 63% increase in his pay package, bringing his total compensation to $79.1 million for the fiscal year ending in June. This significant rise comes despite a turbulent year for the company marked by layoffs and multiple cybersecurity incidents. Share-Based Compensation Dominates Package According to recent regulatory filings, nearly 90% of Nadella’s compensation…

Dropbox has announced a major restructuring plan, laying off 20 percent of its global workforce, which translates to 528 employees. This marks the second round of significant layoffs in less than two years for the cloud storage giant, as it faces challenges stemming from both internal factors and broader economic trends. Layoffs and Severance Packages for Affected Employees In a…

TikTok Music is set to close its doors, announcing that all user accounts will be deactivated by November 28. This move follows the platform's attempts to leverage TikTok's massive user base into a music streaming service, which ultimately failed to gain traction in a competitive market. Users of TikTok Music will see their accounts and all associated data permanently deleted…