Apple fails to throw out UK lawsuit over App Store commission
Apple has unsuccessfully tried to escape a British lawsuit. A mass claim representing 1,500 developers could potentially cost the US company £785 million (€800 million). This would be a compensation for the high fees Apple charges for transactions within the App Store.
Reuters reports. Apple ... Read more
Mistral introduces new powerful Mixtral 8x22B LLM
Open-source AI specialist Mistral has recently introduced its new LLM Mixtral 8x22B. This LLM is the successor to the Mixtral 8x7B LLM and should be an equal competitor to LLMs such as OpenAI's GPT 3.5 and Meta's Llama 2.
Mistral AI is stepping up its competition with the major LLM providers and... Read more
How do you prepare for the DSA or DMA, if it applies to you?
The EU is trying to make the online environment safer with a package of new measures. This concerns the DMA and the DSA. The rules are completely different, we explain the details.
The Digital Services Act package already passed the European Parliament in 2022. This package, in turn, came from a... Read more
No, nobody’s going to be an ‘Nvidia rival’ anytime soon
With much fanfare, one AI startup after another is being lauded as an "Nvidia rival". It's about time we stop doing that. Beside the fact that no one can match Nvidia's performance edge in the short term, the overblown messaging doesn't do justice to the very real accomplishments made by AI startup... Read more
European Commission shares concerns surrounding Adobe-Figma deal
The European Commission shared concerns surrounding Adobe's acquisition of Figma. Unless a list of potential monopoly risks is addressed, the deal will not be completed.
The Figma acquisition is not going smoothly for Adobe. The deal worth 20 billion euros, meanwhile, has been running into inve... Read more
AI chatbot ‘Grok’ from co-founder OpenAI launched: ‘sarcastic and based’
'Grok' is the first AI chatbot from xAI. This company is led by Elon Musk, who was involved with the founding of OpenAI. Can we expect a success story like ChatGPT?
Although Grok is only xAI's first AI model, the model may appeal to a large group of potential users. Grok owes that to its ties t... Read more
“Amazon manipulated prices with secret algorithm”
The FTC's recent competition case against Amazon has produced an unexpected by-product. The tech giant allegedly used a secret algorithm, Project Nessie, to artificially inflate its prices.
A recent copy of court documents on the FTC's antitrust case against Amazon reveals more information about... Read more
As British regulator blocks move, EC approves Activision Blizzard takeover
The Europe Commission recently approved Microsoft's acquisition of game developer Activision Blizzard. However, the approval is subject to certain conditions that must guarantee the availability of the publisher's library of games.
According to the EC, the acquisition does not threaten the posit... Read more
EU’s Vestager targets Metaverse and ChatGPT for special attention
Competition Commissioner Vestager says that the new virtual world environments deserve scrutiny.
Last week an international group of competition regulation enforcers, academics and legislators met in Brussels to discuss the new challenges facing the "competition policy community". The conference... Read more
EU moves closer to antitrust action over Google’s ad technology
The EC competition authority is once more soliciting preparatory input from Google's rivals.
The European Commission is inching closer to what could be a massive fine for Google over its advertising technology, according to POLITICO.
The report says that Google may soon receive a "statement o... Read more