Biggest Performance Difference Ever: NASDAQ and Russell 2000 Divergence

In an unprecedented shift in market dynamics, the tech-heavy NASDAQ Composite and the small-cap Russell 2000 have experienced the largest performance gap on record, a divergence spanning three decades. This disparity is largely influenced by the political landscape and the recent economic trends. Political Winds Favor Small Businesses The election of Donald Trump and the [...]

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Apple holds back AI releases in EU due to Digital Markets rules

Hundreds of millions of people will be denied access to new Apple features.

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Apple poaches Google AI staff, creates secretive laboratory: Report

Apple has reportedly been luring experts from Google in its efforts to catch up with Big Tech companies in the race to develop and deploy high-level AI models.

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UK regulator scrutinizes Big Tech's role in AI industry

Regulatory scrutiny is intensifying in the U.K. as Big Techs deepening involvement in the AI sector raises concerns over competition and market dominance.

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Global Governments Request More Personal Data from Big Tech

A new study by Surfshark shows that global government requests for personal user data from Big Tech companies such as Meta, Apple, Google, and Microsoft have been on the rise since 2013. The study reveals that Meta had the most accounts of interest from authorities, while Apple had the fewest. Most requests came from authorities in the United States and Europe and were related to criminal investigations and civil or administrative cases. (Read More)

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‘Keep Australia safe’: Dystopian draft bill against ‘misinformation’ unveiled

A draft bill from the Australian government is warning tech and social media giants to remove misinformation from their platforms or be prepared to pay up big fines. The new draft bill would see the country’s media regulator — the Australian Communications and Media Authority (ACMA) — armed with the power to make it obligatory [...]

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European Commission Launches Research Unit to Investigate Algorithms Used by Big Tech

The European Commission has launched a new research unit called the European Centre for Algorithmic Transparency (ECAT) to investigate the impact of algorithms used by prominent online platforms and search engines such as Facebook and Google. The team will analyze and evaluate the AI-backed algorithms used by Big Tech firms to identify and address any potential risks posed by these platforms. (Read More)

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Meta pulling the plug on NFTs across Instagram and Facebook

The short-lived NFT features were first launched in May 2022, but Meta's financial technology lead said it's "winding down" the tools to focus elsewhere.

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Why this top CTO ditched Uber, Facebook for NFTs on Solana

Silicon Valley and big tech firms are increasingly losing talents and high-profile individuals to the greener pastures of the crypto industry.

The post Why this top CTO ditched Uber, Facebook for NFTs on Solana appeared first on CryptoSlate.

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Why Big Tech is losing talent to crypto, web3 projects

Silicon Valley and big tech firms are increasingly having trouble keeping talented and high-profile individuals from leaving their organizations.

The post Why Big Tech is losing talent to crypto, web3 projects appeared first on CryptoSlate.

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Why tech giants like Amazon may hesitate to adopt Bitcoin

Big Tech has a great flow of cash on hand. Currency devaluation makes them lose purchasing power. Is Bitcoin a treasury solution to fight against inflation? Amazon is the next to decide.

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Theres more to Bitcoin than its price: Early dev shares BTCs new permutation

Bitcoins journey from idea to reality (and near six figures) has been amazing, and Hemi co-founder Jeff Garzik says the network is ready for its next growth stage.

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DOJ pushes to break up Googles search monopoly in antitrust case

The US Department of Justice aims to dismantle Googles dominance in online searches, raising questions about the future of Big Tech and its influence.

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Malaysia steps up its AI game with regulations and cloud computing policy

Malaysia has strengthened its AI and cloud computing landscape with new regulations and partnerships, positioning itself as a hub for ethical AI and digital innovation.

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