Three Nvidia customers spent a collective $12.6B in Q3, when it had a total revenue of $35.1B; each of them spent $10B+ in the nine months to October — Nvidia founder and CEO Jensen Huang doesn't have any real competition in the market for AI training chips. — MADS CLAUS RASMUSSEN—RITZAU SCANPIX/AFP VIA GETTY IMAGES
The EU closes a four-year long investigation into Apple's rules for e-book and audiobook app developers after the complainant withdrew its complaint — EU antitrust regulators on Friday closed a four-year long investigation into Apple's (AAPL.O) rules for competing e-book and audiobook apps developers …
A UK CMA report finds that Apple's policies hold back innovation in mobile browsers and recommends investigating Apple and Google's mobile ecosystems — Apple's restrictions on mobile browsers are limiting innovation and holding back new features that could benefit iPhone users …
Microsoft President Brad Smith calls on Donald Trump to “push harder” against cyberattacks from Russia, China, and Iran amid a wave of state-sponsored hacks — Big Tech group's president calls on new US administration to take tougher approach on state-sponsored cyber attacks
CFPB will supervise tech companies offering digital wallets, like Apple Pay, Google Pay and Venmo, by treating companies with 50M+ annual transactions as banks — The US Consumer Financial Protection Bureau will now treat those companies more like banks as long as they handle …
Baidu reports Q3 revenue down 3% YoY to $4.78B, net income up 14% YoY to $1.09B, and online marketing revenue up 12% YoY to $1.1B, driven by AI cloud business — BEIJING — Chinese tech giant Baidu on Thursday posted a 3% annual drop in third-quarter revenue, nevertheless beating market expectations amid AI cloud growth.
Financial Times : Sources: private capital giant Apollo Global has shorted loans and rapidly cut exposure to the enterprise software sect...
