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Palantir, Anduril Form Tech Consortium Targeting Pentagon Contracts

Palantir and Anduril are spearheading the formation of a consortium of tech groups to challenge the dominance of traditional defense contractors in bidding for US government contracts, the Financial Times reported on Sunday. The consortium, expected to be formally announced in January, is in discussions with approximately a dozen tech

Netflix Strikes Deal for 2027, 2031 Women's World Cups in US

Netflix has secured exclusive US broadcast rights for the 2027 and 2031 FIFA Women's World Cups, marking a significant expansion of the streaming giant's foray into live sports, according to Reuters. This landmark deal will grant US viewers live access to every match of both tournaments,

Japan's Fair Trade Commission to Rule Against Google in Antitrust Case

Japan's competition watchdog is expected to find Google guilty of violating the country's antitrust law, Nikkei Asia reported on Sunday. The Japan Fair Trade Commission (JFTC) has determined that Google's contracts with smartphone makers unfairly restrict competition, harming the internet search market. The commission

China's AI Boom Creates Talent Crisis

China's burgeoning artificial intelligence (AI) industry is facing a severe talent shortage despite a surge in job openings, according to a report by Maimai, a professional online network similar to LinkedIn. The report, released this week, reveals that AI-related roles account for a quarter of all openings within

Google Calls DOJ's Chrome Sale Demand "Extreme" and "Illegal"

In a dramatic escalation of its antitrust battle with the US Department of Justice (DOJ), Google has branded the DOJ's proposed remedy of forcing a Chrome sale as "extreme" and "illegal," reports Bloomberg. In a Friday court filing, Google argued that the DOJ'

Amazon Sellers Revolt Over New Reimbursement Policy

Amazon's latest move to change its reimbursement policy for lost or damaged inventory under its Fulfillment by Amazon (FBA) program has sparked outrage among third-party sellers, reports Modern Retail. The change, announced just before Christmas, will see Amazon reimburse sellers based on the manufacturing cost of the item,

Alibaba Splits AI Team to Sharpen Consumer and Business Focus

Alibaba Group Holding has reorganized its artificial intelligence (AI) team, separating the developers of its AI chatbot Tongyi Qianwen from the team responsible for building its underlying large language model (LLM). This restructuring, reported by Chinese tech media outlet 36Kr and cited by the South China Morning Post (SCMP), aims

Billionaire McCourt Unveils Ambitious Plan to Reshape TikTok

American billionaire Frank McCourt, former owner of the Los Angeles Dodgers, is preparing a comprehensive overhaul of TikTok's business model as part of his bid to acquire the popular short-form video app, reports Reuters. McCourt, who has secured $20 billion in funding commitments from a consortium of investors,

Google Offers Limited Changes to Search Deals in Antitrust Case

Google, facing a US ruling that it illegally dominates online search, has proposed changes to its agreements with companies like Apple to set Google as the default search engine on new devices, reports Reuters. This proposal, however, is significantly narrower than the government's demand that Google divest its

Qualcomm Wins Key Battle in Chip License Dispute with Arm

Qualcomm has emerged victorious in a key aspect of its legal battle with Arm Holdings, securing a jury verdict that validates its chip licensing practices, reports Reuters. However, the US federal court trial in Delaware ended in a mistrial on one key question, leaving some uncertainty about the future of