Following significant lobbying from major tech companies, California Gov. Gavin Newsom (D) has vetoed a bill designed to regulate AI, citing concerns that it could stifle innovation.
Telecom & Smartphone
In the settlement with the Federal Communications Commission (FCC,) T-Mobile US, Inc. (NASDAQ:TMUS) has pledged to significantly improve its cybersecurity infrastructure.
Following a warning from Alphabet Inc.‘s (NASDAQ:GOOG) Google, Apple Inc. (NASDAQ:AAPL) has removed Juno, an unofficial YouTube app designed for Vision Pro, from its App Store.
Read: Apple Analyst Signals ‘Slower Start To The AI Cycle’ As iPhone 16 Demand Softens
The National Labor Relations Board has reportedly filed a complaint against Apple, alleging that the tech giant compelled its employees to sign illegal confidentiality, non-compete, and non-disclosure agreements.
A study conducted by Consumer Intelligence Research Partners or CIRP has once again revealed that Apple's iPhone users tend to retain their smartphones longer than Android users.
Related: Apple’s iPhone 16 Series Leads Growth, But High-End Model Preference Declines: Analyst
Social Media, Entertainment & Streaming Platform
Paramount Global‘s (NASDAQ:PARAA) Paramount Game Studios and Saber Interactive are teaming up with Avatar Studios to create what they’re calling the “biggest video game in franchise history,“
Pavel Durov's Telegram, the widely-used social media platform, has acknowledged its compliance with multiple U.S. law enforcement data requests this year.
ByteDance, the parent company of TikTok, reportedly plans to develop a new AI model using chips from Huawei Technologies.
YouTube has restricted access to songs by renowned artists such as Adele, Bob Dylan, and Green Day in the U.S. This move is a result of an ongoing legal dispute with the performing rights organization, SESAC.
Meta Platforms, Inc. (NASDAQ:META) will start producing its Quest virtual reality headsets in Vietnam starting in 2025.
Meta Platforms has confirmed that it ...