The European Union’s competition watchdog plans to block Amazon’s $1.7 billion deal for robot vacuum maker iRobot, The Wall Street Journal reported Thursday, citing people familiar with the matter. Shares of the Roomba vacuum maker plunged 40% to $14 after the bell. Officials from the European Commission met Amazon’s representatives on Thursday to discuss the deal, the report said. The tech giant did not … Read more
Former Meta chief operating officer Sheryl Sandberg announced on Wednesday that she is leaving the company’s board of directors. “With a heart filled with gratitude and a mind filled with memories, I let the Meta board know that I will not stand for reelection this May,” Sandberg said in a statement. “After I left my role as … Read more
Apple is set to face an antitrust lawsuit as soon as March, with the Justice Department preparing to argue that the tech behemoth uses anticompetitive practices to protect the dominance of the iPhone. The DOJ’s is aiming to file the suit sometime in the first quarter, which ends on March 31, people familiar with the … Read more
Artificial intelligence lab OpenAI published a blog post Monday seeking to address fears that its technology will meddle with elections, as more than a third of the globe prepares to head to the polls this year. The use of AI to interfere with election integrity has been a concern since the Microsoft-backed company released two … Read more
Prominent artificial intelligence company OpenAI has launched a new way for developers to sell and distribute their own, custom versions of AI software through an online store, with industry participants and watchdogs saying it could change how businesses and consumers use the technology. The GPT Store will include personalized artificial intelligence applications, and will let users discover and build versions … Read more
COCOA BEACH, Fla., Jan. 13, 2024 /PRNewswire/ — Each year, the number of launches from the Space Coast continues to increase, with a record-breaking 72 launches in 2023. That pace will continue this year, including plans for an impressive six crewed launches. Although the launch of Artemis II has been moved from November 2024 to September … Read more
Chef-like robots, AI-powered appliances and other hi-tech kitchen gadgets are holding out the promise that humans don’t need to cook – or mix drinks – for themselves any more. There was plenty new in the food and beverage world at CES 2024, the multi-day trade event in Las Vegas put on by the Consumer Technology … Read more
US-listed Bitcoin exchange-traded funds saw $4.6 billion worth of shares trade hands as of Thursday afternoon, according to LSEG data, as investors jumped into the landmark products approved by the US securities regulator on Wednesday. The products mark a watershed moment for the cryptocurrency industry that will test whether digital assets — still viewed by many professionals as risky … Read more
The US securities regulator on Wednesday approved the first US-listed exchange traded funds to track bitcoin, its Chair Gary Gensler said, in a watershed for the world’s largest cryptocurrency and the broader crypto industry. The agency approved applications, including from BlackRock, Ark Investments, 21Shares, Fidelity, Invesco, and VanEck, among others, according to a notice on its … Read more
A trade group representing some of the largest social media platforms including Facebook, Instagram, TikTok and X is suing Ohio after the state enacted a law that requires children under the age of 16 to get their parents’ consent before opening an account. The NetChoice trade group wants the US District Court for the Southern … Read more
