Innovation and regulation must work together to foster trust in new technologies. Innovation pushes the boundaries of what can be achieved, keeping the industry continuously moving forward.
Category: Technology
Technology from computer hardware, computer software, Saas, voip, cloud computing, smartphones to help small and medium sized businesses grow
Microsoft Faces Major Antitrust Fine Over Teams Integration with Office 365
Microsoft is facing significant antitrust fines from the European Commission for allegedly bundling its Teams app with Office 365, disadvantaging competitors like Slack and Alfaview.
Major Record Labels Launch Landmark AI Copyright Lawsuit
Sony, Universal, and Warner Records sue AI start-ups Suno and Udio for alleged copyright violations, demanding $150,000 per infringed work in a landmark case.
Apple Delays AI Feature Rollout in Europe, Blaming EU Regulations
Apple postpones launch of AI-powered features in Europe until 2025, citing privacy and security concerns under EU’s Digital Markets Act.
Uber Faces £1 Billion VAT Showdown with HMRC
Uber, the ride-hailing and food-delivery giant, is gearing up for a significant tax dispute with HM Revenue & Customs (HMRC) over £1 billion in VAT payments.
Generative AI Set to Disrupt Jobs and Widen Inequality, IMF Warns
The IMF warns of significant labour disruptions and widening inequality due to generative AI. Governments are urged to enhance economic protections and invest in reskilling programs to safeguard economies and support affected workers.
Apple Scraps Pay Later Loan Scheme in Shift to Third-Party Lenders
Apple discontinues its in-house Pay Later loan scheme, shifting to third-party payment plans with banks like Citi, HSBC, and ANZ.
Elon Musk Drops Lawsuit Against OpenAI
Elon Musk has unexpectedly withdrawn his legal case against OpenAI, which accused the firm of straying from its founding mission. The case’s dismissal comes amidst tensions following OpenAI’s partnership with Apple.
Can the rise in re-commerce help create a more sustainable retail sector?
Shopping habits are changing; consumers are increasingly opting to buy or rent used items rather than purchasing brand new.
Major Update for iPhone Users: Siri to Gain Advanced Email and AI Features
Apple is set to unveil major updates to Siri and other AI features at WWDC, including voice-controlled email management, smart replies, and enhanced photo editing tools.
Ikea to Hire Virtual Staff for £13 an Hour in Roblox Metaverse Store
Ikea is set to pay £13 an hour for virtual staff in its new Roblox store, offering roles such as serving meatballs and guiding customers in a digital environment.
Ticketmaster Hack: Personal Data of 560 Million Customers Potentially Compromised
Ticketmaster’s parent company, Live Nation, has confirmed “unauthorised activity” on its database following claims by the hacking group ShinyHunters that they have stolen the personal details of 560 million customers.
British Firm Curve to Challenge Apple Wallet with New Payment System
London-based fintech company Curve plans to launch an alternative to Apple Wallet, leveraging recent regulatory changes to offer users more payment options on their iPhones.
News Corporation Secures ‘Historic’ Partnership with OpenAI
News Corporation and OpenAI announce a multi-year deal allowing AI to display content from prominent publications, marking a significant step in integrating premium journalism with advanced technology.
ChatGPT Suspends Scarlett Johansson-Like Voice Amid Actor’s Outcry
OpenAI suspends the Scarlett Johansson-like voice ‘Sky’ from ChatGPT after the actor objects. Johansson claims the voice was used without her consent and closely mimics her character in “Her.”
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