EU Regulators , Approve Microsoft's Acquisition , of Activision Blizzard.
Just weeks after regulators in the United Kingdom blocked
Microsoft's acquisition of Activision Blizzard, the
$68.7 billion deal was approved by the European Union.
Just weeks after regulators in the United Kingdom blocked
Microsoft's acquisition of Activision Blizzard, the
$68.7 billion deal was approved by the European Union.
The Verge reports that the European Commission
concluded that the deal could proceed due
to Microsoft's commitment to cloud gaming.
According to the EU, Microsoft
âwould have no incentive to refuse to
distribute Activisionâs games to Sony.â.
The EU statement went on to say that , âeven if Microsoft did decide to withdraw Activisionâs
games from the PlayStation, this would not
significantly harm competition in the consoles market.â.
However, regulators in the EU agreed with U.K. regulators,
stating that the deal could harm competition regarding the distribution of PC and console games through cloud gaming services.
According to the European Commission, 10-year
licensing deals Microsoft has offered to rivals
offset the harm the acquisition could cause to competition.
The Verge reports that these deals include a free license for EU consumers to stream Activision Blizzard games via âany cloud game streaming services of their choice.â .
Our decision represents an important
step in this direction, by bringing
Activisionâs popular games to many more
devices and consumers than before
thanks to cloud game streaming, Margrethe Vestager, executive VP in charge of competition
policy at the European Commission, via The Verge.
The commitments offered by
Microsoft will enable for the first time
the streaming of such games in any cloud
game streaming services, enhancing
competition and opportunities for growth, Margrethe Vestager, executive VP in charge of competition
policy at the European Commission, via The Verge.
The Verge reports that despite Microsoft's victory in
the EU, the company still faces a tough appeal battle for
approval by the U.K.âs Competition and Markets Authority.
The Verge reports that despite Microsoft's victory in
the EU, the company still faces a tough appeal battle for
approval by the U.K.âs Competition and Markets Authority
Microsoft Makes $1.5 Billion , Investment in Leading , UAE Technology Firm.
Microsoft Makes $1.5 Billion , Investment in Leading , UAE Technology Firm.
'The Independent' reports that Microsoft has announced
a $1.5 billion investment in a leading United Arab
Emirates-based artificial intelligence firm. .
'The Independent' reports that Microsoft has announced
a $1.5 billion investment in a leading United Arab
Emirates-based artificial intelligence firm. .
The deal, overseen by the UAE's powerful national security
adviser, will see Microsoft president Brad Smith join
technology holding company G42's board of directors.
The deal, overseen by the UAE's powerful national security
adviser, will see Microsoft president Brad Smith join
technology holding company G42's board of directors.
The UAE's national security adviser,
Sheikh Tahnoon bin Zayed Al Nahyan, is the
current chairman of G42's board of directors. .
In a statement released on April 16, Microsoft
said the deal âwas developed in close consultation
with both the UAE and U.S. governments.â.
In a statement released on April 16, Microsoft
said the deal âwas developed in close consultation
with both the UAE and U.S. governments.â.
G42, which runs data centers in the Middle East
and elsewhere, has built the world's leading
Arabic-language AI model, Jais. .
According to Microsoft, G42 will move its
AI applications and services over to the U.S.
tech giant's cloud computing platform. .
According to Microsoft, G42 will move its
AI applications and services over to the U.S.
tech giant's cloud computing platform. .
The deal will also look to bring digital infrastructure
to regions that G42 has already established
a presence, including the Middle East and Africa.
'The Independent' reports that G42 previously cut ties with
Chinese hardware suppliers to limit U.S. concerns that
the company was closely tied to the Chinese government.
'The Independent' reports that G42 previously cut ties with
Chinese hardware suppliers to limit U.S. concerns that
the company was closely tied to the Chinese government.
Prior to Microsoft's investment, the company
reportedly faced allegations of spying for its
connection to a mobile phone app identified as spyware.
The tech company also faced accusations
that it gathered genetic material from
U.S. users for the Chinese government. .
The tech company also faced accusations
that it gathered genetic material from
U.S. users for the Chinese government.
Credit: Wibbitz Top Stories Duration: 01:31Published
US Government Emails With Microsoft , Were Stolen by Russian Hackers.
On April 11, American officials confirmed
that emails sent between Microsoft and
U.S. government agencies have been
stolen by Russian hackers, CNN reports. .
According to Eric Goldstein, a senior
official at the U.S. Cybersecurity and Infrastructure Security Agency (CISA), .
those emails may have included login information like usernames and passwords.
At this time, we are not aware of any
agency production environments that
have experienced a compromise as
a result of a credential exposure. , Eric Goldstein, a senior official at the U.S. Cybersecurity
and Infrastructure Security Agency (CISA), via CNN.
Even though there is currently no evidence that the stolen credentials have been used to compromise federal computer systems, .
CISA described the occurrence as an "unacceptable risk to agencies.".
As a result, the agency released an "emergency directive" on April 11 ordering those potentially affected by the hack to bolster their defenses. .
The hack was first revealed by
Microsoft in January, but it has gotten more serious as new details continue to emerge.
CNN reports that the U.S. has
previously linked the hackers in question
to Russia's foreign intelligence service. .
A Microsoft spokesperson
issued a statement on April 11.
As we shared in our March 8 blog,
as we discover secrets in our
exfiltrated email, we are working
with our customers to help them
investigate and mitigate, Microsoft spokesperson, via CNN.
This includes working with CISA on
an emergency directive to provide
guidance to government agencies, Microsoft spokesperson, via CNN
Credit: Wibbitz Top Stories Duration: 01:30Published
NYCâs AI Chatbot Has Been , Telling Businesses to Break the Law.
New York City's AI chatbot was created to help small business owners, but it's been dispensing concerning advice, AP reports. .
For example, many small business owners have
been given inaccurate information about local policies or been encouraged to break the law.
However, the city is not removing
the chatbot from its official website.
Instead, it has provided a disclaimer stating that the chatbot may "occasionally produce incorrect, harmful or biased" information.
Critics say that the situation highlights
the dangers of AI being used by
governments without proper guardrails.
Theyâre rolling out software that
is unproven without oversight, Julia Stoyanovich, computer science professor
and director of the Center for Responsible AI
at New York University, via statement.
Itâs clear they have no intention
of doing whatâs responsible, Julia Stoyanovich, computer science professor
and director of the Center for Responsible AI
at New York University, via statement.
Thereâs a different level of trust thatâs
given to government. Public officials need
to consider what kind of damage they can
do if someone was to follow this advice
and get themselves in trouble, Jevin West, a professor at the University of Washington and
co-founder of the Center for an Informed Public, via statement.
Microsoft, which powers the chatbot, said it
is working with the city "to improve the service
and ensure the outputs are accurate and
grounded on the cityâs official documentation.".
On April 2, Mayor Eric Adams said that
letting users find issues with the chatbot is just part of sorting out the new technology.
Anyone that knows technology knows this
is how itâs done. Only those who are fearful
sit down and say, âOh, it is not working the
way we want, now we have to run away from
it all together.â I donât live that way, Mayor Eric Adams, via statement.
Julia Stoyanovich, a computer science professor and director of the Center for Responsible AI at New York University, referred to Adams' approach as "reckless and irresponsible," AP reports.
Credit: Wibbitz Top Stories Duration: 01:30Published
OpenAI and Microsoft Make Plans , for $100 Billion Data Center.
According to The Information, the two companies are planning to build a data center that would house an AI supercomputer
called "Stargate," Reuters reports.
According to The Information, the two companies are planning to build a data center that would house an AI supercomputer
called "Stargate," Reuters reports.
The project, which could cost $100 billion or more, is reportedly set to launch in 2028.
The tentative cost is roughly 100 times
more expensive than some of the
biggest data centers that exist today. .
Demand for AI data centers has increased due to
the rapid advancement of generative artificial intelligence technology, Reuters reports. .
This is because traditional data
centers aren't as capable of handling
the advanced tasks that AI requires. .
Several supercomputers
would be built across five phases.
"Stargate" would be launched in the fifth phase, while a smaller supercomputer would be launched
in the fourth phase, tentatively around 2026.
Microsoft and OpenAI are reportedly
in the third phase currently.
We are always planning for
the next generation of infrastructure
innovations needed to continue
pushing the frontier of AI capability, Microsoft spokesperson, to Reuters .
The cost for the next two phases largely revolves around acquiring expensive AI chips.
In March, Nvidia CEO Jensen Huang said
that the newest "Blackwell" B200 AI chip
will cost between $30,000 and $40,000
Credit: Wibbitz Top Stories Duration: 01:31Published
Catch the exclusive highlights of the conversation between Prime Minister Narendra Modi and Bill Gates. Explore the key topics discussed and insights shared by these influential figures on critical issues shaping our world today. Don't miss this insightful dialogue between two global leaders.
#NarendraModi #BillGates #ModiGates #NarendraModiBillGates #ArtificialIntelligence #TechnologyinIndia #PMModi #PMModiBillGatesConversation #Microsoft #Oneindia
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The multi-million deals that Brussels has signed with neighbouring countries to decrease irregular migration have to be "revised," says Nicolas Schmit, the lead candidate of the European socialists for the June elections.
Credit: euronews (in English) Duration: 02:17Published
The European Union stands ready to flex its muscles to protect the bloc from China's aggressive trade practices, European Commission chief von der Leyen warned Monday following a three-way meeting with Macron and Xi.
Credit: euronews (in English) Duration: 01:47Published
Former Treasury Secretary , Looking to Form Investor Group , to Purchase TikTok.
NBC reports that former Treasury Secretary
Steven Mnuchin is looking to put together an
investor group to acquire ByteDance's TikTok.
NBC reports that former Treasury Secretary
Steven Mnuchin is looking to put together an
investor group to acquire ByteDance's TikTok.
The news comes as a bipartisan bill works its
way through Congress that threatens to bring an
end to the platform's existence in the United States.
The news comes as a bipartisan bill works its
way through Congress that threatens to bring an
end to the platform's existence in the United States.
On March 13, the House of Representatives passed
the bill, which would force ByteDance to divest
the platform or face a ban on the app in the U.S.
I think the legislation should
pass and I think it should be sold.
Itâs a great business and Iâm going
to put together a group to buy TikTok, Steven Mnuchin, Former Treasury Secretary, via CNBCâs âSquawk Boxâ.
This should be owned by
U.S. businesses. Thereâs no
way that the Chinese would
ever let a U.S. company own
something like this in China, Steven Mnuchin, Former Treasury Secretary, via CNBCâs âSquawk Boxâ.
NBC points out that the bill still requires Senate approval
before it heads to President Joe Biden, who has indicated
that he would support the bill if it passes through Congress.
NBC points out that the bill still requires Senate approval
before it heads to President Joe Biden, who has indicated
that he would support the bill if it passes through Congress.
However, TikTok CEO Shou Zi Chew has said
that selling TikTok is not a viable option. .
According to PitchBook data, , ByteDance was valued at , $220 billion in 2023. .
Mnuchin has yet to specify the potential valuation
of a deal to acquire the social media platform
or which investors may be interested in the deal.
At the same time, the 'Wall Street Journal' reported that
former Activision Blizzard CEO Bobby Kotick has also
expressed interest in a deal to purchase TikTok.
At the same time, the 'Wall Street Journal' reported that
former Activision Blizzard CEO Bobby Kotick has also
expressed interest in a deal to purchase TikTok
Credit: Wibbitz Top Stories Duration: 01:31Published
French President Emmanuel Macron clarified on Monday that the US and its allies have no intentions of seeking regime change in Russia. However, Paris remains committed to supporting Kiev in its ongoing conflict with Moscow, pledging continued aid for as long as necessary.
Macron's remarks came during a joint press conference with Chinese President Xi Jinping at the Elysee Palace, where they engaged in discussions alongside the President of the European Commission, Ursula von der Leyen. Among the topics addressed were the Ukraine conflict, bilateral trade, and economic relations between France and China.
In his statements, Macron emphasised the importance of dialogue and cooperation in addressing global challenges, underscoring the need for diplomatic solutions to complex geopolitical issues.
#Macron #France #Russia #UkraineWar #NuclearDeployment #TacticalWeapons #Diplomacy #Geopolitics #InternationalRelations #XiJinping #Meeting #PeaceEfforts #ConflictResolution #GlobalSecurity #News
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The European Commission is reinstating funding for a key UN agency, UNRWA, that was accused of harbouring staff who participated in the 7 October massacre.
Credit: euronews (in English) Duration: 02:02Published
Trade issues topped the agenda with EU Commission president Ursula von der Leyen warning "For trade to be fair, access to each other's markets also needs to be reciprocal."
Credit: euronews (in English) Duration: 02:33Published
Jodie Comer, Aaron Taylor-Johnson and Ralph Fiennes are teaming up for the long-awaited next sequel to '28 Years Later.' The trio have been cast in the follow up to the original 2002 film which centered on a man played by Cillian Murphy who wakes up in the hospital to find the UK overtaken by a zombie plague. 'Civil War' filmmaker Alex Garland, who penned the script, is back to write what is intended to be a trilogy of films for Sony. Danny Boyle is also back in the director's chair for the feature.
Credit: The Hollywood Reporter Duration: 01:04Published
Austin Butler is teaming up with Darren Aronofsky for his next feature. Hot off his creepy villain turn in 'Dune: Part Two,' Butler is set to next star in the Aronofsky crime thriller 'Caught Stealing.' Acquired by Sony and based on the book by Charlie Huston, the film "follows Hank Thompson, a burned-out former baseball player, as he's unwittingly plunged into a wild fight for survival in the downtown criminal underworld of '90s NYC."
Credit: The Hollywood Reporter Duration: 01:11Published
We have an official title for the Tom Hardy-led 'Venom 3' and it's coming out earlier than expected! Sony announced that the latest film in the 'Venom' franchise will be called 'Venom: The Last Dance.' The film has Hardy in the title role and stars Juno Temple and Chiwetel Ejiofor. 'Venom' was originally slated to be released Nov. 8 but moved up 2 weeks and the Kelly Marcel directed film will now hit theaters Oct. 25.
Credit: The Hollywood Reporter Duration: 01:23Published
On this episode of The Gamers Den Dev speaks on Indie Game developers needing bigger budgets and funding and the acquisition of Activision Blizzard being blocked by the UK CMA
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