The U.S. Federal Trade Commission reported that social media companies like Meta, TikTok, and Twitch collect vast user data with poor transparency and inadequate data management and retention policies.
Intel affirmed it has no plans to sell its majority stake in Mobileye, boosting the self-driving tech firm’s shares by over 13% despite previous reports of a potential sale.
Alibaba has launched over 100 new open-source AI models and text-to-video technology, expanding its Qwen 2.5 family to compete in the rapidly growing generative AI space.
The Dutch market regulator, ACM, called for more authority to investigate deals, after EU regulators chose not to act on Microsoft's hiring of AI startup Inflection's staff.
Brazil's Supreme Court warned Elon Musk's X against bypassing a suspension order, imposing a 5 million-real daily fine after the platform briefly became accessible despite the ban.
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