Tag: tech
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AI boom sparks rally, frenzy and fear
LONDON, June 10 : An AI boom has driven stock markets to record highs, big tech firms are piling hundreds of billions of dollars into new tech, while consumers, workers and businesses are grappling with existential questions unleashed by the likes of ChatGPT and Claude. Some analysts say Artificial I
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No tech rule exemption for Apple, EU regulators say amid spat over Siri AI delay
BRUSSELS, June 9 : EU regulators on Tuesday slammed Apple for blaming EU tech rules for its decision not to roll out its upgraded assistant Siri AI in the European Union for now, saying they had rejected the company’s request for an 18-month exemption from its obligations.The iPhone maker on Tuesday said Siri
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Australia, Canada, Japan trade bodies fret over being left out in made-in-Europe drive
BRUSSELS, June 8 : Europe’s push to cut its reliance on U.S. Big Tech with EU-made technologies and chips could shut out other non-EU players from the European market, trade bodies representing tech companies in Australia, Canada and Japan warned on Monday.The warning by the Tech Council of Australia, the Can
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Big tech firms must stop young people circulating nude images, says UK PM Starmer
LONDON, June 8 : Big tech firms operating in Britain must introduce safety measures on children’s phones to prevent them from circulating nude images or they will face legislation forcing them to do so, Prime Minister Keir Starmer said on Monday. Under the new plans, firms like Apple and Google should build o
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US stocks slump as fears over Big Tech shake Wall Street
The Nasdaq saw its biggest daily fall since early 2025.
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Trading Day: War clouds and tech wobbles
ORLANDO, Florida, June 3 : Escalating tensions in the Middle East and a wave of profit-taking in AI and tech shares cast a long shadow over markets on Wednesday, depressing the price of stocks and bonds while lifting the dollar and oil. In my column today, I look at why Japan may be “in the…
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EU wants to favour European firms for most sensitive cloud, AI contracts
To display this content from YouTube, you must enable advertisement tracking and audience measurement. Accept Manage my choices © France 24 01:47 EU wants to
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EU targets Big Tech dependence with ‘made-in-Europe’ drive
BRUSSELS, June 3 : The European Commission proposed new laws on Wednesday to boost domestic cloud, AI and semiconductor industries, aiming to cut reliance on U.S. Big Tech in a move that could ratchet up transatlantic tensions.The Cloud and AI Development Act and Chips Act 2.0 form part of Europe’s push for t
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Analysis:US tech stocks’ market dominance reaches new heights and presents new risks
NEW YORK, June 3 : The charge higher in U.S. technology stocks has made broader indexes as reliant as ever on the group – and more vulnerable should those market leaders trip up.With stunning gains over the past two months, the S&P 500 technology sector now accounts for more than 39 per cent of the…
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