EU Drops Antitrust Probe into Apple's E-book and Audiobook Practices
The European Commission has closed its antitrust investigation into Apple's e-book and audiobook app developer rules, citing the withdrawal of the undisclosed complainant.
Innovation
Foodinho Fined €5 Million by Italian Watchdog Over Data Privacy Breaches
Foodinho, a Glovo-owned food delivery firm, has been fined €5 million by Italy's privacy watchdog for unlawfully processing riders' data, including geolocation and biometric information.
Revolut Unveils Ambitious 2025 Roadmap, Featuring AI-Powered Assistant and Branded ATMs
Revolut reveals plans to introduce AI-enabled assistant, branded ATMs, and facial recognition features, expanding its financial services and cementing its position as a fintech unicorn.
Baidu's Supercheap Robotaxis Raise Stakes for US Competitors
Baidu's Apollo Go unveils sixth-generation driverless car, priced under $30,000, threatening US robotaxi operators like Waymo
Hyundai Recalls Over 145,000 Electric Vehicles Due to Power Loss Risk
Hyundai issues massive recall of Ioniq and Genesis EVs due to 12-volt battery charging issue, posing risk of power loss and increased crash risk.
SiriusXM's Cancellation Process Ruled Illegal by New York Judge
A New York judge has deemed SiriusXM's cancellation process illegal, citing violations of the Restore Online Shoppers Confidence Act, and ordered the company to change its practices for NY customers.
Google's Gemini Assistant to Gain 'Agentic' Abilities, Taking Action Inside Apps
Google's Android 16 developer preview hints at a more useful future for Gemini Assistant, allowing it to take action in apps, similar to Apple's iOS 18 upgrade
MatX Raises $80M Series A to Develop AI-Powered Chips, Valued at $300M
MatX, a startup designing chips for large language models, raises $80M Series A led by Spark Capital, valuing the company at $300M
SiriusXM's Cancellation Process Ruled Illegal by New York Judge
A New York judge has deemed SiriusXM's lengthy and burdensome cancellation process illegal, violating federal law and forcing customers to waste time on unwanted retention offers.