Milan prosecutors have announced plans to drop a case against Google’s European division after the company agreed to settle a tax dispute by paying 326 million euros (£277 million). The settlement covers the period from 2015 to 2019, including penalties, sanctions, and interest.
The tax dispute stemmed from allegations that Google had failed to file and pay taxes on revenue generated in Italy, based on the digital infrastructure it operates within the country. This comes after the company settled a previous tax case with Italian authorities in 2017 by paying 306 million euros, which acknowledged Google’s permanent presence in Italy.
In 2023, Italy had requested that Google pay 1 billion euros in unpaid taxes and penalties. However, with this latest settlement, the case against the tech giant appears to be resolved for now.
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French AI company Mistral has introduced Mistral Saba, a language model tailored for Arabic-speaking users. Unlike its previous general-purpose models, Saba is designed to handle Arabic content more naturally and effectively, positioning Mistral as a competitor to US-based AI giants. The model also demonstrates strong performance in certain Indian languages due to cultural and linguistic overlaps.
The move signals Mistral’s growing interest in the Middle East, a region with increasing demand for AI-driven services. By offering an off-the-shelf model for Arabic-language support and content generation, the company aims to attract regional businesses and potential investors. Mistral has already secured funding from major US firms, but future investments from Middle Eastern partners could strengthen its global standing.
Mistral Saba is accessible via API and can be deployed on-premise, making it particularly appealing to industries such as finance, healthcare, and energy, where data privacy is crucial. The company has hinted at plans to develop more regional AI models, reinforcing its commitment to multilingual AI solutions, not just in France.
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Apple is set to introduce AI-driven features to its Vision Pro headset, including a new spatial content app and an enhanced guest user mode. The update, expected in April, may be available in beta for developers as early as this week, according to sources cited by Bloomberg.
The AI integration, dubbed ‘Apple Intelligence,’ will bring tools such as Writing Tools, Genmojis, and the Image Playground app to the Vision Pro. This move aligns with Apple’s broader push to incorporate AI into its ecosystem, as the company also explores AI partnerships for iPhones in China.
The Vision Pro, which launched in February 2024 with a hefty price tag of $3,499, initially saw strong sales but has since faced slowing demand. By enhancing its software with AI and new content features, Apple hopes to reignite consumer interest and better compete with more affordable alternatives, such as Meta’s Quest headsets.
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The New York Times has officially approved the use of AI tools for its editorial and product teams, allowing AI to assist with tasks such as generating social media copy, writing SEO headlines, and coding. As part of this shift, the publication has introduced an internal AI tool called Echo and outlined strict guidelines for AI use in news production.
While AI can support research, suggest edits, and help brainstorm interview questions, staff have been warned not to use it to draft or substantially revise articles, nor to input confidential source information. The paper is also exploring AI-generated voice articles and translations into other languages.
This move comes as The New York Times remains engaged in a lawsuit against OpenAI and Microsoft, accusing them of copyright violations for training generative AI on its content. Despite these legal disputes, the paper has approved AI programs such as GitHub Copilot, Google’s Vertex AI, and OpenAI’s API for select business applications.
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Greece is poised to launch its first satellites by the end of the year, marking a significant advancement in the country’s digital strategy. Minister of Digital Governance Dimitris Papastergiou, speaking at the Innovent Forum in Larissa, outlined the ambitious plans to deploy microsatellites by late 2025. These satellites will provide critical data across various sectors, significantly enhancing the country’s digital capabilities and supporting its broader technological goals.
The new satellite program is designed to offer more precise and narrowly focused information on key areas such as natural disasters, crops, water quality, land use, and urban planning. By using advanced satellite technology, Greece aims to improve its ability to respond to environmental challenges, optimise resource management, and make more informed decisions in urban and rural planning. Papastergiou emphasised that these upgrades are essential for the country to stay ahead in a rapidly evolving digital landscape.
Alongside the satellite initiative, Papastergiou also discussed ongoing efforts to digitalise state services, tackling long-standing issues of bureaucratic red tape. He pointed to the digitisation of the national cadaster as a key example of these reforms, which are intended to streamline processes and enhance the efficiency of government operations. The minister’s remarks signal a continued push for modernising Greece’s public sector to meet the demands of the digital age.
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Tiger Brokers has integrated DeepSeek’s AI model into its TigerGPT chatbot, marking a significant step in the race to adopt AI in the financial industry. The DeepSeek-R1 model is already being used by over 20 Chinese brokers and fund managers, transforming areas such as market analysis, risk management, and client interaction. The technology, developed at a fraction of the cost of Western AI models, is expected to revolutionise how financial firms operate, with DeepSeek tapping into valuable data to enhance decision-making and trading strategies.
Tiger Brokers, supported by investors like Xiaomi and Jim Rogers, views this AI breakthrough as a game changer. The upgraded TigerGPT, which will initially be available for free in China and Singapore, now offers enhanced logical reasoning capabilities, allowing for more accurate market predictions and investment opportunities. CEO Wu Tianhua described the impact as transformative, helping users understand market shifts and boosting the overall investment experience.
As AI adoption accelerates, financial IT spending in China is forecasted to rise by 24% in the next five years, a trend expected to benefit tech companies like Hundsun Technologies. The integration of DeepSeek’s models is reshaping the financial industry, with firms such as Sinolink Securities and CICC Wealth Management already exploring AI’s potential to improve efficiency, from risk management to investment advisory services.
Despite the promise, the financial industry faces challenges in standardising data for AI models. However, companies are moving quickly to implement AI solutions, eager to unlock the full potential of their data and enhance their internal operations, marketing, and investing strategies.
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The EU’s competition chief, Teresa Ribera, has criticised US President Donald Trump for disrupting the ‘trustful relationship’ between Europe and the United States, highlighting the unpredictability and instability of Washington’s actions. In an interview with Reuters, Ribera stated that while Europe must engage in negotiations with the White House on trade issues, it should not be pressured into changing laws that have already been passed. She emphasised that Europe must remain firm on its principles, including human rights, democracy, and the unity of the continent, despite Trump’s transactional political approach.
Ribera also responded to criticism from Trump and his government, who have labelled EU regulations on US tech companies as a form of taxation. She dismissed these claims, stressing that Europe’s legal framework aims to ensure stability and predictability for businesses. In contrast, she expressed concern over the uncertainty created by the White House’s frequent policy shifts, particularly with regard to tariffs on steel, aluminium, and other sectors. The EU has vowed to respond firmly to any tariff increases imposed by Trump.
In addition, Ribera revealed that the European Commission would soon decide whether tech giants Apple and Meta Platforms have complied with the EU’s Digital Markets Act. Both companies face potential fines if found in breach of the regulations, which are designed to curb their market dominance. Ribera also confirmed that investigations into Elon Musk’s social media platform X would continue, disregarding Musk’s ties to the US administration.
As tensions between Washington and Brussels continue to rise, Ribera reiterated that businesses seek a stable and predictable legal environment, something she feels is increasingly lacking in the US under Trump’s leadership. The EU remains committed to enforcing its regulations and protecting its values despite external pressures.
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Vietnam is set to adopt new regulations allowing Elon Musk’s Starlink to offer satellite internet services in the country, granting it full control over its local subsidiary. This decision follows prolonged negotiations between Vietnam and SpaceX and marks a shift in Vietnam’s policy towards foreign investment in satellite internet services. The move is seen as a diplomatic gesture towards SpaceX, which could help alleviate tensions amid concerns over potential tariffs from US President Donald Trump.
The new rules, set to be approved by Vietnam’s parliament, will allow foreign companies with low-orbit satellite networks to operate under a pilot scheme until 2030. SpaceX’s efforts to enter Vietnam had previously been stalled in late 2023 due to a ban on foreign control, a requirement for Musk’s involvement. The new regulations are part of broader efforts by the Vietnamese government to remove obstacles in technological and scientific activities.
With plans for a $1.5 billion investment in Vietnam, SpaceX has been expanding its supplier network in the country. If Starlink attracts significant local subscribers, it could help reduce the growing trade surplus Vietnam has with the US, which reached a record $123.5 billion last year. As US tariffs continue to threaten Vietnam’s export-driven economy, the government is also seeking ways to balance trade by increasing imports from the US, including agricultural products.
The shift in Vietnam’s stance reflects a desire to play a more flexible role in international trade relations, especially as tensions between the US and its trade partners escalate under Trump’s administration. The outcome of this policy change could have significant implications for both Starlink’s expansion and Vietnam’s relationship with the US.
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OpenAI is considering granting special voting rights to its non-profit board as part of new governance measures aimed at protecting the power of its directors amid a potential takeover bid from Elon Musk. The company’s CEO Sam Altman and board members are reportedly evaluating the move as OpenAI transitions to a for-profit structure. This would allow the non-profit board to retain control over key decisions, potentially blocking hostile takeovers, including Musk’s recent $97.4 billion acquisition offer.
The proposal comes after Musk’s consortium attempted to acquire OpenAI, with the company rejecting the offer, stating that it is not for sale and dismissing future bids. Musk’s bid appears to be driven by concerns over OpenAI’s shift toward profitability, as the company seeks to secure more funding to remain competitive in the AI sector. The special voting rights would give the non-profit board the ability to overrule major investors such as Microsoft and SoftBank, ensuring that OpenAI’s leadership retains influence over key decisions.
This move reflects OpenAI’s efforts to maintain control over its future direction while fending off external pressures from investors and potential acquirers. No final decision has been made yet, but the proposal is seen as a key strategy to safeguard the company’s independence as it navigates the evolving AI landscape.
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Taiwanese electronics companies are preparing to increase investments in Texas, with major announcements expected in May, coinciding with President Donald Trump’s first 100 days in office. Richard Lee, head of the Taiwan Electrical and Electronic Manufacturers’ Association, revealed that several large Taiwanese companies, particularly those in the AI server industry, are looking to expand their operations in Texas. This follows proactive efforts by Texas’ Republican-led government to attract Taiwanese investment.
The move comes as Trump has criticised Taiwan for its semiconductor business and threatened tariffs on trade partners with significant trade deficits, potentially targeting Taiwan. Last week, Taiwan’s President Lai Ching-te pledged to invest more in the US, adding to the momentum. Companies like Foxconn, Compal, and Inventec, which already have operations in Texas, are expected to announce further expansions, particularly to accommodate the growing demand for AI-related technologies.
Foxconn, which manufactures products for major tech companies like Apple and Nvidia, has already made a $33 million investment in land and factory buildings in Texas. With the demand for AI servers rising, Taiwanese manufacturers are eyeing Texas as a strategic location to meet the growing market needs. However, neither Foxconn nor Compal has yet provided specific details on their plans.
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