Updates
Malaysia urges Microsoft and CrowdStrike to compensate for tech outage damages
Five government agencies and nine companies in Malaysia were affected.
Spain investigates Apple’s App Store practices
The probe will examine whether Apple imposed unequal commercial conditions on developers of mobile applications sold through its App Store.
FTC investigates AI-powered pricing practices
These AI-driven models change pricing based on consumer behaviour, location, and personal data, potentially leading to different prices for different customers.
Meta introduces largest Llama 3 AI model with enhanced language and math capabilities
The company is offering these models largely free to developers, aiming to drive innovation and reduce reliance on competitors.
Adobe introduces generative AI in Illustrator and Photoshop
Illustrator and Photoshop have received GenAI tools with the goal of improving user experience and allowing more freedom for users to express their creativity and skills.
Ongoing talks aim to finalise global tax deal
Failure to reach an agreement could lead to countries reinstating these taxes, risking trade conflicts with the US.
Gartner presents steps to recover from Windows BSoD outage
A global tech advisory firm has released a note covering the necessary actions to prevent future instances of CrowdStrike breaches.
Queensland premier criticises AI use in political advertising
Miles criticises an AI-generated video by the Liberal National Party opposition, highlighting concerns about the role of deepfakes and their usage in advertising.
Wiz rejects $23 billion acquisition deal, plans IPO
The potential acquisition of the Israeli startup has fallen through after the company’s CEO has shared goals of reaching a seven-figure annual revenue and going public with its shares.
US, EU, UK pledge to protect generative AI market fairness
The statement recognises the profound potential of AI and foundation models, pinpointing several competition risks: concentrated control of key AI resources, market power entrenchment by incumbent digital giants, and potentially anti-competitive collaborations among major AI players.
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