Europe’s top court has ruled Google must pay a €2.4bn (£2bn) fine handed down for abusing the market dominance of its shopping comparison service. The tech giant had appealed against the fine, which was originally levied by the European Commission in 2017. It was at the time the largest penalty the Commission had ever imposed … Read more
Reuters Apple has been ordered to pay Ireland €13bn (£11bn; $14bn) in unpaid taxes by Europe’s top court, putting an end to an eight-year row. The European Commission accused Ireland of giving Apple illegal tax advantages in 2016, but Ireland has consistently argued against the need for the tax to be paid. The Irish government … Read more
After years of rumour, speculation and hype, Sony has confirmed it is launching a more powerful – and much more expensive – version of its hugely popular PlayStation 5 console. The PS5 Pro will be able to show more advanced graphics and display the most demanding games at higher, more consistent frame rates. But that … Read more
Walt Disney plans to transition away from its use of Slack as a companywide workplace collaboration system, after a hacking entity leaked online more than a terabyte of company data, the Wall Street Journal reported Thursday, citing a memo. Disney’s CFO Hugh Johnston said most of the media and entertainment company’s businesses would stop using the … Read more
EU antitrust regulators on Thursday warned Apple to throw open its fiercely-guarded proprietary software to rivals — or risk the prospect of major fines. The European Commission launched so-called specification proceedings that will spell out what Apple has to do to abide by the Digital Markets Act (DMA), the strict new law aimed at tech giants from abusing … Read more
It was about time for Mark Zuckerberg to take his style to the next level. The Meta founder and CEO appeared in a recent interview donning a flashy wrist watch with an eye-watering price tag. Watch experts tell Business Insider that the arm candy, a De Bethune DB 25 Starry Varius, costs between $90,000 and … Read more
Social media companies collect, share and process vast troves of information about their users while offering little transparency or control, including over how it is used by systems incorporating artificial intelligence, the Federal Trade Commission said in a report released on Thursday. The report analyzed how Meta Platforms, ByteDance’s TikTok, Amazon’s gaming platform Twitch, and others … Read more
Microsoft Microsoft owns gaming brands including Xbox and Minecraft Xbox owner Microsoft is to cut about 650 staff from its gaming division in a new round of job losses after its $69bn (£54.3bn) merger deal. The software giant said staff working in “mostly corporate and supporting functions” worldwide would be affected. It laid off 1,900 … Read more
Getty Images Tfl says a “limited number of customers” may have had bank account numbers and sort codes accessed A 17-year-old boy has been arrested in connection with the cyber security incident affecting Transport for London (TfL), the National Crime Agency (NCA) said. TfL said that about 5,000 customers’ sort codes and bank account details … Read more
Entertainment giants Lionsgate are partnering with artificial intelligence (AI) company Runway to allow a new AI model to be trained on their extensive film and TV archive. Lionsgate, the studios behind series such as The Hunger Games and John Wick, will benefit by being able to use the resulting AI technology in future productions. “Runway… … Read more