OpenAI's Sam Altman dismissed concerns over data center water usage, but mounting public resistance and regulatory scrutiny pose real bottlenecks. Local opposition, zoning battles, and resource const…
Amazon shares dropped after the FTC and 22 states filed an antitrust lawsuit alleging it rigged sponsored-product ad auctions and extracted over $20 billion from sellers. The legal action directly th…
Alphabet shares dropped 5.5% following the departure of key AI researchers to competitors, unfavorable court rulings regarding addictive platform designs, and investor skepticism over high AI expendi…
Amazon is facing allegations that it violated a Seattle ordinance by interrogating employees who testified in favor of data center regulations, potentially leading to legal risks and increased scruti…
Amazon faces a potential FTC lawsuit over allegations of misleading advertisers about search ad pricing. The investigation, which also involves Google, threatens Amazon's highly profitable advertisin…
Microsoft is cutting 200 to 400 Azure cloud jobs in China amid increasing geopolitical tensions and complex data regulations. While Azure remains a key growth engine, these targeted layoffs highlight…
Microsoft is laying off hundreds of employees in its China-based Azure cloud unit. The move highlights escalating geopolitical and regulatory pressures affecting global cloud infrastructure providers…
Alphabet's Google appeals federal judge's monopoly ruling, arguing it achieved market dominance through superior innovation rather than illegal practices. The case could reshape search competition an…
Child development experts and advocacy groups urge Google to stop AI-generated videos targeting children on YouTube, citing potential harm and lack of research, increasing regulatory and reputational…
Meta shares dropped over 4% amid legal challenges in US and India, safety concerns, and regulatory probes, despite new AI hardware partnership and Instagram subscription tests.
Meta shares dropped 7% after being found liable in two lawsuits over harm to young users, raising fears of costly litigation and regulatory risks that may force significant business changes and impac…
Juries ruled against Meta and Google, ordering hefty penalties over harming young users and misleading safety claims, triggering thousands of related lawsuits and increased regulatory risks.
Meta shares dropped sharply after juries found the company liable in lawsuits alleging harm to young users, with hefty damage awards fueling regulatory and litigation risks amid competitive pressures…
EU considers state aid for energy-intensive firms amid energy price surge; Meta reverses AI chatbot exclusion on WhatsApp but plans fees, drawing EU scrutiny and rival criticism.
A US appeals court weighs state laws limiting youth access to social media, including Florida and Georgia rules affecting Meta and Snap. The court debates First Amendment issues amid rising regulator…
Apple and Google face backlash in Japan over new commissions on external app payment processing, potentially violating a recent law aimed at opening payment options and protecting user privacy.
Australia has enacted a strict ban on social media access for children under 16, impacting platforms like YouTube. Other countries including Britain and EU members consider similar measures, aiming t…
Britain launched a consultation on banning social media for children, inspired by Australia's recent ban for under-16s, with officials exploring global evidence and seeking to learn from Australia’s …