This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: A package moves along a conveyor belt at an Amazon's DAX7 delivery station during Amazon's annual Prime Day event, Tuesday, July 16, 2024, in South Gate, Calif. Amazon is responsible under federal safety law for hazardous products sold on its platform by third-party sellers and shipped by the company, the U.S. Consumer Product S ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: The Anthropic website and mobile phone app are shown in this photo, in New York, Friday, July 5, 2024. Britain's competition watchdog said Tuesday, July 30, 2024, it's looking into Google's partnership with artificial intelligence startup Anthropic, adding fresh regulatory scrutiny for the investment flooding into the AI industr ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain Amazon did not endanger warehouse workers at three Washington facilities, a state judge who oversaw a months-long trial on claims brought by safety regulators has ruled. Judge Stephen Pfeifer, of the state Board of Industrial Insurance Appeals, threw out four citations issued by Washington's ...

Core Points - Apple has reached a tentative collective bargaining contract with its first unionized store in the United States, located in Maryland, which includes an average pay increase of 10% and additional benefits for employees [2][3] - The agreement is pending approval from approximately 85 employees at the Maryland store, with a vote scheduled for August 6 [2] - The deal follows a strike authorization by workers in May, after over a year of negotiations that were deemed unsatisfactory [3] Company and Industry Context - The Maryland store is one of only two unionized Apple locations in the U.S., with the other being in Oklahoma City, which has not yet secured a contract [3] - Recent years have seen unions achieving significant election victories in various companies, including Amazon, Chipotle, and Starbucks, although many have struggled to secure contracts [3]

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: The NBA is being sued by Warner Brothers Discovery for rejecting an offer for a new deal and instead signing a rights contract with Amazon. Warner Brothers Discovery filed a lawsuit against the NBA on Friday, claiming the US professional basketball league broke a contract by refusing a new media rights deal to accept an offer fr ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Airbus showed off its A321-XLR -- a model that aims to straddle the medium and long-range segments -- at the Farnborough International Airshow in Britain. Boeing's safety troubles and the Airbus scramble to ramp up production should have left a gap for smaller rivals to challenge their domination of the commercial airliner marke ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Armand Valendez from Pexels The White House on Friday said that Apple has joined more than a dozen tech firms committed to following safeguards intended to curb the risks of artificial intelligence. Amazon, Google, Microsoft and OpenAI were among the AI sector rivals who joined US officials in unveiling the voluntary p ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: AI-generated image Meta's oversight board on Thursday called on the tech titan to bring its rules regarding porn deepfakes out of the "photoshop" days and into the era of artificial intelligence. The independent board, which is referred to as a top court for Meta content moderation decisions, said it came up with the r ...

Core Insights - Google's recent interest in acquiring Wiz Inc. for $23 billion and HubSpot Inc. for $25 billion ended in failure, with Wiz opting for an IPO instead [1][6] - The failed negotiations were influenced by a software issue from CrowdStrike that heightened the demand for cloud security solutions, benefiting companies like Wiz [2] - Antitrust concerns have significantly impacted Google's ability to pursue acquisitions, with increased scrutiny from regulators in the U.S. and Europe [3] Company-Specific Insights - Wiz rejected Google's offer partly due to fears of a lengthy regulatory approval process, reflecting the current climate of antitrust scrutiny in the tech sector [3][4] - Google's last major acquisition attempts have faced challenges, including Adobe's failed $20 billion bid for Figma and Amazon's abandoned bid for iRobot, both due to regulatory issues [3] - The potential acquisition of Wiz would have been a strategic move for Google's cloud division, which is currently third in the market, but the deal's collapse has redirected Wiz's focus towards achieving $1 billion in annual recurring revenue and pursuing an IPO [6][5] Industry Insights - The tech sector is experiencing heightened regulatory scrutiny, with authorities increasingly targeting large tech firms for their market power [3] - The trend of startups opting for IPOs instead of selling to larger tech companies is growing, as seen with Wiz and Figma, indicating a shift in strategy among venture capitalists and startups [7] - The competitive landscape in cloud services remains intense, with Google actively expanding its cloud offerings to compete against Amazon Web Services and Microsoft [5]

Core Viewpoint - Spain's antitrust regulator has initiated an investigation into Apple's App Store practices, suggesting potential anti-competitive behavior that could lead to significant fines [1][2]. Group 1: Investigation Details - The CNMC regulator stated that Apple may be imposing unfair commercial terms on developers using its App Store, which could be classified as a serious infringement of competition rules [1]. - Potential fines for Apple could reach up to 10% of its total global revenue, which was reported at $383 billion for the year ending September 2023 [1]. Group 2: European Commission's Position - The European Commission expressed a preliminary view that Apple's App Store rules restrict app developers from directing consumers to alternative purchasing options, violating the EU's Digital Markets Act [2]. - Under the new Digital Markets Act, Apple is required to allow developers to inform users about cheaper purchasing alternatives and facilitate those transactions [2]. Group 3: Apple's Response - Apple has stated its intention to collaborate with Spain's antitrust watchdog to address the concerns raised [2]. - An Apple spokesperson emphasized that the App Store provides a competitive environment for Spanish developers, ensuring a secure and trusted platform [2].