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Battlegrounds Mobile India Developer to Invest $50 Million Annually, Eyes Major Expansion in India: Report
Krafton is actively exploring acquisitions in India, according to a report. The developer behind games such as PUBG: Battlegrounds and its Indian equivalent, Battlegrounds Mobile India (BGMI), reportedly aims to capitalise on the long-standing ban enforced by the Indian government on Chinese competitors in the country’s gaming market. It is said ...
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US Drops Bid to Make Google Sell Anthropic Investments in Antitrust Case
The US DoJ dropped a proposal to force Alphabet's Google to sell its investments in AI firms. Google holds a minority stake worth billions of dollars in Anthropic. Losing the investment would hand a competitive advantage to OpenAI and its partner Microsoft, Anthropic wrote to the court in February.
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Apple Offers $100 Million To Undo Indonesia iPhone 16 Ban
Apple Inc. has increased its offer to invest in Indonesia by almost tenfold, according to people familiar with the matter, in the US tech giant's latest bid to persuade the government to lift its sales ban on the iPhone 16.
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Canada Orders Shutdown of TikTok's Business in Country, App Access to Continue
Under Canadian law, the government can assess potential risks to national security from foreign investments, such as the TikTok proposal. The law prevents the government from revealing the details of such investments.
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"Carefully Consider" Tech Investment Ban: China Asks US
China's international trade council has formally asked the United States to "carefully consider" rules that ban or restrict U.S. investments in China's tech sector, state television reported on Friday.
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China to Invest $1.9 Billion in YMTC After US Restrictions Over Security Concerns: Report
Semiconductor manufacturer Yangtze Memory Technologies Co (YMTC) is set to receive 12.9 billion yuan (roughly Rs. 15,378 crore) from the state-owned National Integrated Circuit Industry Investment Fund, Bloomberg reported on Thursday, citing government data.
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ChatGPT Usage Banned in French University Over Concerns About Fraud, Plagiarism
ChatGPT usage has been banned at Sciences Po, one of France's top universities, to prevent fraud and plagiarism. The university said on Friday the school had emailed all students and faculty announcing a ban on ChatGPT and all other AI-based tools at Sciences Po. ChatGPT has already been banned in some public schools in New York City and Seattle, a...
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TikTok Could Face US Ban as Lawmakers Announce Bipartisan Bid to Block App Over Spying, Censorship Concerns
TikTok could face a ban in the US, as lawmakers unveiled bipartisan legislation aimed at banning the Chinese video sharing app. The US is concerned that TikTok, which is owned by ByteDance, could be used to spy on 200 million American users and censor content on the popular social media app.
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US To Ban "All New Investments" In Russia In Latest Round Of Sanctions: Report
The United States, in coordination with the G7 and European Union, will ban "all" new investments in Russia on Wednesday in its latest round of sanctions, a source said.
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TikTok, WeChat, More Apps Face New Review as US President Joe Biden Drops Donald Trump’s Ban Attempt
US President Joe Biden withdrew a series of Trump-era executive orders that sought to ban new downloads of WeChat and TikTok, and ordered a Commerce Department review of security concerns posed by those apps and others.
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Battlegrounds Mobile India Developer to Invest $50 Million Annually, Eyes Major Expansion in India: Report
Krafton is actively exploring acquisitions in India, according to a report. The developer behind games such as PUBG: Battlegrounds and its Indian equivalent, Battlegrounds Mobile India (BGMI), reportedly aims to capitalise on the long-standing ban enforced by the Indian government on Chinese competitors in the country’s gaming market. It is said ...
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US Drops Bid to Make Google Sell Anthropic Investments in Antitrust Case
The US DoJ dropped a proposal to force Alphabet's Google to sell its investments in AI firms. Google holds a minority stake worth billions of dollars in Anthropic. Losing the investment would hand a competitive advantage to OpenAI and its partner Microsoft, Anthropic wrote to the court in February.
-
Apple Offers $100 Million To Undo Indonesia iPhone 16 Ban
Apple Inc. has increased its offer to invest in Indonesia by almost tenfold, according to people familiar with the matter, in the US tech giant's latest bid to persuade the government to lift its sales ban on the iPhone 16.
-
Canada Orders Shutdown of TikTok's Business in Country, App Access to Continue
Under Canadian law, the government can assess potential risks to national security from foreign investments, such as the TikTok proposal. The law prevents the government from revealing the details of such investments.
-
"Carefully Consider" Tech Investment Ban: China Asks US
China's international trade council has formally asked the United States to "carefully consider" rules that ban or restrict U.S. investments in China's tech sector, state television reported on Friday.
-
China to Invest $1.9 Billion in YMTC After US Restrictions Over Security Concerns: Report
Semiconductor manufacturer Yangtze Memory Technologies Co (YMTC) is set to receive 12.9 billion yuan (roughly Rs. 15,378 crore) from the state-owned National Integrated Circuit Industry Investment Fund, Bloomberg reported on Thursday, citing government data.
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ChatGPT Usage Banned in French University Over Concerns About Fraud, Plagiarism
ChatGPT usage has been banned at Sciences Po, one of France's top universities, to prevent fraud and plagiarism. The university said on Friday the school had emailed all students and faculty announcing a ban on ChatGPT and all other AI-based tools at Sciences Po. ChatGPT has already been banned in some public schools in New York City and Seattle, a...
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TikTok Could Face US Ban as Lawmakers Announce Bipartisan Bid to Block App Over Spying, Censorship Concerns
TikTok could face a ban in the US, as lawmakers unveiled bipartisan legislation aimed at banning the Chinese video sharing app. The US is concerned that TikTok, which is owned by ByteDance, could be used to spy on 200 million American users and censor content on the popular social media app.
-
US To Ban "All New Investments" In Russia In Latest Round Of Sanctions: Report
The United States, in coordination with the G7 and European Union, will ban "all" new investments in Russia on Wednesday in its latest round of sanctions, a source said.
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TikTok, WeChat, More Apps Face New Review as US President Joe Biden Drops Donald Trump’s Ban Attempt
US President Joe Biden withdrew a series of Trump-era executive orders that sought to ban new downloads of WeChat and TikTok, and ordered a Commerce Department review of security concerns posed by those apps and others.
