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...BCG is working with global tech giants and AI companies — from Microsoft and Google to OpenAI and Anthropic — to integrate their technology into company operations and processes....
...The act requires these tech giants to comply with more stringent rules and will force them to allow rivals to share information about their services....
...Another area under review is digital payments, where banks are regulated but companies such as Apple and Google offering similar services are not....
...A version of this article was first published by Nikkei Asia on May 1. ©2024 Nikkei Inc. All rights reserved....
...An attempt to ban the service in 2020 failed in court, and a legal challenge is expected on free-speech grounds....
...Tech companies pushed back on Monday against suggestions of wrongdoing....
...Greater user choice may sound fine in theory, they argue, but it will challenge fundamental aspects of how services work....
...Get rid of the utilities and Berkshire gets rid of some terrible legal headaches and environmental risks, but gets a massive reinvestment risk in return (though you know what industry requires gobs of capital...
...The iPhone maker has increasingly put claims of environmental and social responsibility at the heart of its marketing campaigns....
...How far should regulators go in dictating the basic designs of some of the most widely used tech products and services?...
...By shifting its mix of businesses to services, Apple has kept margins expanding even as sales dip....
...Apple has unveiled new iPads featuring what it called “an outrageously powerful chip for AI”, signalling the Silicon Valley giant’s growing focus on artificial intelligence services....
...tech is not going away anytime soon!...
...As companies tackle digital overhauls of their businesses — from homeworking to customer relationship management — they are increasingly relying on external providers for information technology services...
...and Google’s owner Alphabet have quashed investor scepticism around the vast sums spent on developing artificial intelligence, after being boosted by rampant corporate demand for their cloud computing services...
...AI may still be in its relative infancy, but it is already dominating Big Tech investment plans....
...The US Department of Justice brought an antitrust lawsuit against the tech group in March....
...Amazon, Microsoft, Meta, Google parent Alphabet and music streaming service Spotify are among the companies that have signalled plans to strike such a balance this year....
...Researchers have called for more comprehensive data and transparency from AI firms, including a breakdown of how much different computing services consume, for example, search engines versus AI services....
...For years it was one of the few Big Tech companies to avoid major antitrust action by the US. Now it is under intense scrutiny from regulators in two of its key markets, the US and the EU....
...Margrethe Vestager, the bloc’s competition chief, said the tech giant had broken EU antitrust rules for a decade by “restricting developers from informing consumers about alternative, cheaper music services...
...SEC lawsuit threat over crypto business (FT) Wall Street heads west to Milken Confab looking for deals revival (Bloomberg) Boeing subject to new FAA probe over 787 Dreamliner inspections (FT) French tech...
...to legislation designed to rein in the power of Big Tech....
...There’s an allegation of tying the buy box [ie, better placement on a product order page] to Amazon fulfilment services....
...These are “superapps” that enfold many different services and would make the App Store less central, and cloud gaming services that can rely on less powerful handsets, weakening the need for an iPhone....
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