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Tag: Giants

More media giants foray into fight for sports streaming deals

The streaming landscape is undergoing a shift as industry titans battle over the National Basketball Association’s (NBA) coveted broadcasting rights. According to reports, Warner Brothers Discovery (WBD), Amazon (AMZN), and Comcast’s NBCUniversal (CMCSA) are actively vying for the opportunity to secure the rights to broadcast NBA games on their respective platforms. Catalysts Anchors Alexandra Canal […]

Tech giants working closely on AI compliance, says Data Protection Commission

The world’s leading internet firms are engaging extensively with regulators in the European Union to ensure their artificial-intelligence products do not fall foul of data protection rules, Ireland’s Data Protection Commission (DPC) has said. The DPC, which is the lead EU regulator for Google, Meta, Microsoft, TikTok and OpenAI, among others, said its broad powers […]

The Biden administration is targeting corporate giants in a ‘deliberate’ antitrust push

Joe Biden’s administration is going after big corporations with antitrust lawsuits. It’s an aggressive approach that makes Biden stand out compared to his predecessors. High-profile cases include Live Nation, Google, Apple, Amazon, Meta, as well as non-tech companies. President Joe Biden is really leaning into his pro-labor image. The Biden administration has launched investigations and […]

Tech giants agree to AI development ‘kill switch’ for unsafe models

A group of leading technology companies, including OpenAI, Amazon and Microsoft, have agreed to a set of commitments to ensure the safe development of their AI models. The agreement includes a “kill switch” to cut development if safety is not guaranteed. The agreement includes companies from the UK, US, China, Canada, France, South Korea and […]

Investors call on chocolate giants to boost cocoa farmers’ wages

A group of shareholders have called on global chocolate heavyweights, including Hershey and Lindt & Sprüngli, to improve cocoa farmer pay within their supply chains. The investor letter, issued yesterday (20 May) by non-profit Investor Advocates for Social Justice (IASJ), called on some of the world’s largest chocolate makers “to end exploitative purchasing practices”, particularly […]

Chinese EV Giants Hammered by Biden Tariff Are Welcome in Brazil

(Bloomberg) — Shut out of US markets and under fire in Europe, China’s electric carmakers are zeroing in on the countries where they’re welcome. One of the big ones is Brazil. Most Read from Bloomberg BYD Co. and Great Wall Motor Co. already dominate EV sales in the world’s sixth-largest auto market. Now the two […]