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EU backs Microsoft buying Activision Blizzard, but the €63 billion deal is still at risk

Video Credit: euronews (in English) - Duration: 00:37s - Published
EU backs Microsoft buying Activision Blizzard, but the €63 billion deal is still at risk

EU backs Microsoft buying Activision Blizzard, but the €63 billion deal is still at risk

Brussels gave the green light to the merger, however, it faces stiff scrutiny and dispute from both the US and the UK.


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European Union European Union Political and economic union of 27 states

UK rules out EU-wide deal on work and study visas for young people

The government has ruled out striking an EU-wide agreement on allowing an exchange of young people to work and study for extended periods of time.
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State of the Union: Issues feeding anti-democratic anger [Video]

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This edition of State of the Union focusses on three issues feeding citizens' anger with the establishment in the EU and beyond: possible nepotism in the EU Commission, infringement of free speech and Georgia's controversial "foreign agent" bill

Credit: euronews (in English)    Duration: 07:00Published
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The 27 leaders of the European Union have called for a "new competitiveness deal" to close the economic gap with its global rivals and reverse a worrying trend of industrial decline.

Credit: euronews (in English)    Duration: 01:58Published

EU proposing joint youth work and study scheme with UK

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Microsoft Microsoft American multinational technology corporation

Microsoft Makes $1.5 Billion Investment in Leading UAE Technology Firm [Video]

Microsoft Makes $1.5 Billion Investment in Leading UAE Technology Firm

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 “was developed in close consultation with both the UAE and U.S. governments.”. In a statement released on April 16, Microsoft said the deal “was developed in close consultation with both the UAE and U.S. governments.”. 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 [Video]

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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
NYC’s AI Chatbot Has Been Telling Businesses to Break the Law [Video]

NYC’s AI Chatbot Has Been Telling Businesses to Break the Law

NYC’s 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. They’re 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. It’s clear they have no intention of doing what’s responsible, Julia Stoyanovich, computer science professor and director of the Center for Responsible AI at New York University, via statement. There’s a different level of trust that’s 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 city’s 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 it’s done. Only those who are fearful sit down and say, ‘Oh, it is not working the way we want, now we have to run away from it all together.’ I don’t 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 [Video]

OpenAI and Microsoft Make Plans for $100 Billion Data Center

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
PM Narendra Modi and Billionaire Bill Gates Discuss Role of Technology in Developing India |Oneindia [Video]

PM Narendra Modi and Billionaire Bill Gates Discuss Role of Technology in Developing India |Oneindia

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 ~PR.274~ED.101~GR.121~

Credit: Oneindia    Duration: 15:13Published

Activision Blizzard Activision Blizzard American video game holding company

Former Treasury Secretary Looking to Form Investor Group to Purchase TikTok [Video]

Former Treasury Secretary Looking to Form Investor Group to Purchase TikTok

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. It’s a great business and I’m going to put together a group to buy TikTok, Steven Mnuchin, Former Treasury Secretary, via CNBC’s “Squawk Box”. This should be owned by U.S. businesses. There’s no way that the Chinese would ever let a U.S. company own something like this in China, Steven Mnuchin, Former Treasury Secretary, via CNBC’s “Squawk Box”. 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

City of Brussels City of Brussels Municipality of the Brussels-Capital Region and capital of Belgium

Mike Pence: U.S. will continue to support Ukraine [Video]

Mike Pence: U.S. will continue to support Ukraine

Former U.S. vice president Mike Pence is confident that U.S. military support for Ukraine is forthcoming. Such a congressional approval has the support of majorities of the political parties as well as the American people, Pence said in an interview with Euronews in Brussels.

Credit: euronews (in English)    Duration: 01:27Published
EU leaders want to talk competitiveness at Brussels summit [Video]

EU leaders want to talk competitiveness at Brussels summit

Credit: FRANCE 24 English    Duration: 00:38Published
How do the EU's new disability cards facilitate cross-border travel? [Video]

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In this episode of Real Economy, Euronews reporter Paul Hackett travels to Ljubljana and Brussels to learn how Europe's new disability and parking cards aim to facilitate cross-border travel and enhance accessibility for individuals with disabilities.

Credit: euronews (in English)    Duration: 08:00Published
EU eyes new sanctions against Iran at Brussels summit [Video]

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Von der Leyen staffing turbulence plays into EU elections

A human resource crisis at the Commission comes ahead of a sensitive changing of the guard in Brussels.

Credit: euronews (in English)    Duration: 02:12Published

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