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Apple has been ordered to pay back €13 billion ($14.4 billion) worth of tax to Ireland by the European Court of Justice. Two of its subsidiaries illegally received tax benefits between 1991 and 2014, as these benefits were not available to other companies. Ireland issued tax rulings favouring Apple Sales . . . Read more
The U.K.’s Competition and Markets Authority has provisionally ruled that Google’s dominance in the ad tech market is detrimental to competitors — and could fine the tech giant up to 10% of its global annual turnover as a result. Since at least 2015, the company has allegedly been operating its . . . Read more
The UK has signed the world’s first international treaty on artificial intelligence — alongside the European Union, the United States, and seven other countries. The agreement commits signatories to adopting or maintaining measures that ensure the use of AI is consistent with human rights, democracy, and the law. These measures . . . Read more
OpenAI and Anthropic have signed agreements with the U.S. government, offering their frontier AI models for testing and safety research. An announcement from NIST on Thursday revealed that the U.S. AI Safety Institute will gain access to the technologies “prior to and following their public release.” Thanks to the respective . . . Read more
Apple has unveiled major changes to iOS 18 and iPadOS 18 in the E.U. as part of its ongoing efforts to comply with the Digital Markets Act. European users will have more control over default apps, browser choice, and even the ability to remove long-standing pre-installed apps like Safari. The . . . Read more
Meta’s new approach to handling advertiser data has been approved by the U.K. Competition and Markets Authority. This comes ahead of the rollout of a new digital markets competition regime, which will grant it more power to quash the monopolistic behaviours of big tech companies. As well as approving Meta’s . . . Read more
European Commissioner for Competition Margrethe Vestager will not be renominated for a third term, according to the Financial Times. Vestager’s decade-long career as Europe’s top antitrust regulator was marked by landmark division and record-breaking fines against tech giants like Google, Apple, and Amazon. Her enforcement of the Digital Markets Act . . . Read more
Threat actors are taking advantage of when security professionals are off-duty to stage their ransomware attacks, new research has found. The ThreatDown 2024 State of Ransomware report from Malwarebytes has revealed most incidents in the last year occurred between 1 a.m. and 5 a.m. The report’s authors used data from . . . Read more
A new report has found that 8% of U.K. and and 7% of U.S. decision-makers plan to spend over $25 million (£19.5 million) on AI initiatives this year. This comes after many investors voiced their concerns about the technology’s capabilities and their potential return on investment. According to the 2024 . . . Read more
The U.K. government has launched a preliminary investigation into the partnership between Amazon and Anthropic to see if it will significantly lessen competition. This comes days after a similar probe was announced into Alphabet’s collaboration with the AI startup. In March, Amazon concluded its $4 billion (£3.16 billion) investment in . . . Read more