Governance
Top tech news stories today: September 19, 2024
IT infrastructure 1. No merger scrutiny of Microsoft’s hiring of Inflection staff, EU says Microsoft’s hiring of artificial intelligence startup Inflection’s staff including its co-founders will not be scrutinised under European Union merger rules, EU antitrust regulators said on Wednesday. (Reuters…
Headline
IT infrastructure 1. No merger scrutiny of Microsoft’s hiring of Inflection staff, EU says Microsoft’s hiring of artificial intelligence startup Inflection’s staff including its co-founders will not be scrutinised under European Union merger rules, EU antitrust regulators said…
Context
Microsoft’s hiring of artificial intelligence startup Inflection’s staff including its co-founders will not be scrutinised under European Union merger rules, EU antitrust regulators said on Wednesday. ( Reuters ) Europe’s second-top court largely confirmed on Wednesday an EU antitrust fine imposed on U.S. chipmaker Qualcomm, revising it down slightly to 238.7 million euros ($265.5 million) from an initial 242 million euros. ( Print )
Evidence
Pending intelligence enrichment.
Analysis
Alphabet (NASDAQ: GOOGL ) Inc’s YouTube and e-commerce platform Shopee said on Wednesday they were launching an online shopping service in Indonesia and planned to expand it in Southeast Asia as competition picks up with a rival operator owned by TikTok. ( Investing ) AT&T Inc. agreed to pay $13 million to settle an investigation by the US Federal Communications Commission into whether the telecommunications company failed to protect customer data that was stolen when a cloud vendor was hacked last year. ( InsuranceJournal ) Google parent Alphabet on Wednesday asked a London tribunal to throw out a mass lawsuit that accuses the tech giant of abusing its dominance in the online search market. ( MarketScreener ) Amazon.com is raising the pay of its fulfillment and transportation staff in the United States by at least $1.50 an hour and handing out free Prime memberships as benefits, it said on Wednesday. ( Yahoo Finance )
Key Points
- IT infrastructure
- 1. No merger scrutiny of Microsoft’s hiring of Inflection staff, EU says
- 2. EU court confirms Qualcomm’s antitrust fine, with minor reduction
- 3. YouTube and Shopee partner in Southeast Asia e-commerce tie-up
- 4. AT&T agrees $13 million fine for 2023 data breach
Actions
Pending intelligence enrichment.
