Taiwan’s Economic system Minister, Kuo Jyh-huei, expressed that former President Donald Trump misunderstood Taiwan’s position within the semiconductor business.
The Brazilian authorities is contemplating taxing massive tech corporations. It might additionally implement a 15% international minimal tax on multinational firms to realize its 2025 fiscal goal.
Gaming
Ubi Comfortable Leisure ADR UBSFY latest launch of Star Wars Outlaws, developed by Large Leisure, has didn’t ship the monetary increase the firm had hoped for.
Rocksteady Studios has reportedly laid off a number of workers following the disappointing efficiency of its newest title, Suicide Squad: Kill the Justice League, which price Warner Bros. Discovery Inc WBD $200 million in revenues.
Sony Group Company SONY CFO Hiroki Totoki admitted that the corporate, regardless of its spectacular portfolio, lacks sufficient mental properties (IP) that it has “fostered from the start.”
Smartphones
Amid ongoing debates about regulating teen smartphone use, Apple Inc. AAPL is reportedly opposing legislative efforts requiring it to implement age restrictions on apps.
Apple may probably discontinue a few of its merchandise following its annual iPhone occasion on Sept. 9. Following the keynote, these Apple merchandise are anticipated to be faraway from the Apple Retailer.
Apple has reportedly determined to include natural light-emitting diode or OLED shows in all iPhone fashions, together with the lower-priced iPhone SE, from 2025.
Learn: Apple’s Glowtime Occasion: Will The iPhone 16 Shine Or Fizzle?
TV, Streaming Platform & Social Media
A failed distribution settlement between Walt Disney Firm DIS and pay-TV supplier DirecTV, owned by AT&T Inc. T and TPG Capital, has led to greater than 11 million subscribers shedding entry.
Additionally Learn: Netflix Desires To Maintain You Hooked By Unleashing The Energy Of Dubbed Actuality Exhibits, Makes use of South Korea As Proving Floor
South Korean legislation enforcement companies have launched an investigation into the encrypted messaging platform Telegram for its alleged involvement within the dissemination of sexually express deepfake content material.
Pavel Durov, the founding father of Telegram, who’s at present beneath investigation in France, has publicly criticized French authorities for detaining him as an alternative of addressing their complaints to his firm.
YouTube has taken down the Tenet Media channel following a U.S. Division of Justice indictment.
E-Commerce
In a big transfer, Amazon.com, Inc. AMZN is reportedly gearing as much as revamp its voice assistant, Alexa, utilizing Anthropic’s Claude AI fashions to exchange its personal AI. The brand new model, set for an October launch, is designed to reply advanced queries extra effectively.
In latest developments, the U.S. Shopper Merchandise Security Fee (CPSC) has referred to as for an investigation into e-commerce retailers Shein and PDD Holdings Inc. PDD owned Temu. The demand is available in gentle of allegations relating to the sale of “lethal child and toddler merchandise” on these platforms.
Expertise
In an effort to bolster provide chain resilience, Taiwan’s main chip producers are set to start home manufacturing of neon fuel by 2025, in partnership with native metal and fuel corporations. Apple and NVIDIA Company NVDA key chip suppliers, Taiwan Semiconductor Manufacturing Firm Ltd. TSM, Winbond, and United Microelectronics Company UMC are main this initiative.
Days after Meta Platforms, Inc. META CEO Mark Zuckerberg stated that the Joe Biden administration “pressured” Fb to censor sure content material on its platforms, the U.S. Division of Justice unveiled a recent technique to take care of overseas threats.
In a daring transfer to penetrate the U.S. point-of-sale (POS) funds market, PayPal Holdings, Inc. PYPL is integrating its debit card with Apple‘s cell pockets and providing completely different cashback rewards.
Elon Musk
Tesla, Inc. TSLA and SpaceX CEO Elon Musk have threatened to grab Brazilian authorities belongings except property belonging to his corporations X, previously Twitter and SpaceX, are returned.
Elon Musk‘s satellite tv for pc broadband firm, Starlink, has determined to adjust to a Brazilian court docket order to dam entry to social media platform X, previously Twitter, in Brazil, reversing its earlier stance.
Associated: After X Ban, Elon Musk’s Starlink Defies Brazilian Courtroom Order To Block Social Media Platform
Twitter has received an enchantment in opposition to a California legislation that mandates social media corporations to reveal their insurance policies in opposition to disinformation and hate speech.
A big variety of advertisers plan to scale back their spending on X in 2025. This resolution stems from issues concerning the platform’s affiliation with contentious content material.
Elon Musk introduced the beta launch of the X TV app, a brand new enterprise of the social media platform X, previously Twitter.
Synthetic Intelligence (AI)
Microsoft Company MSFT has managed to keep away from a complete U.Ok. probe into its recruitment of employees from startup Inflection AI.
Alibaba Group BABA is stepping up its U.S. enlargement with a brand new AI-powered sourcing software designed to simplify the sourcing course of for American consumers.
OpenAI CEO Sam Altman reportedly plans to focus on the U.S. for the enlargement of the synthetic intelligence infrastructure challenge, which may price “tens of billions of {dollars}.”
Secure Superintelligence (SSI), co-founded by Ilya Sutskever, has raised $1 billion to develop superior synthetic intelligence techniques.
Main on-line courting platforms akin to Match Group, Inc. MTCH, which owns Tinder and Hinge, Bumble Inc. BMBL, and Grindr Inc. GRND are both growing or testing AI instruments and chatbot assistants designed to generate dialog starters, construct person profiles, and supply suggestions on person interactions.
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