Vietnam's ancient town Hoi An works to restore tourism after devastating floods
Residents of Hoi An, Vietnam’s UNESCO-listed ancient town, began cleaning up on Saturday as floodwaters receded following days of torrential rain th...
The U.S. FTC has opened a broad antitrust investigation into Microsoft, focusing on cloud computing, licensing practices, and AI products, amid allegations of market abuse.
The U.S. Federal Trade Commission (FTC) has launched a comprehensive antitrust investigation into Microsoft, focusing on its software licensing and cloud computing operations.
The probe, approved by FTC Chair Lina Khan before her expected departure in January, comes amidst uncertainty over enforcement priorities under the incoming administration of President-elect Donald Trump.
The FTC is investigating allegations that Microsoft uses restrictive licensing terms to prevent customers from transferring data from its Azure cloud service to competing platforms. The agency is also examining Microsoft's practices in cybersecurity and artificial intelligence products.
Competitors have accused the company of locking customers into its Azure platform, with groups like NetChoice criticising its licensing policies and AI integrations.
Last year, Google filed a complaint with the European Commission, claiming Microsoft charged a 400% markup for running Windows Server on rival cloud platforms and provided delayed security updates. Similar concerns have been raised by other industry players, including Amazon and Google, who compete with Microsoft in cloud computing.
Microsoft, which declined to comment, has generally avoided the heightened scrutiny faced by other Big Tech firms like Google, Apple, Meta, and Amazon.
However, the FTC has already examined Microsoft's activities in artificial intelligence and its $650 million deal with Inflection AI.
While some expect Trump’s administration to adopt a more lenient approach towards Big Tech, past actions, including lawsuits against Google and Meta, indicate that ongoing investigations may continue regardless of leadership changes.
Reports from CNN say the Pentagon has approved the provision of long range Tomahawk missiles to Ukraine after assessing its impact on U.S. stockpiles, while leaving the ultimate decision to President Trump.
Tanzanian police fired tear gas and live rounds on Thursday to disperse protesters in Dar es Salaam and other cities, a day after a disputed election marked by violence and claims of political repression, witnesses said.
Russia launched a barrage of drones and missiles at Ukraine's energy infrastructure and other targets, forcing nationwide power restrictions and killing seven people, including a seven-year-old girl, Ukrainian officials said on Thursday.
The U.S. State Department has ordered the departure of all non-emergency personnel and their family members from Mali, citing escalating security risks as al Qaeda-linked insurgents tighten a fuel blockade on the country.
Iran’s Foreign Minister Abbas Araghchi said that Tehran is pursuing what he termed a policy of “provincial diplomacy” to promote Iran’s trade and cultural relations with its neighbouring countries.
Chinese electric carmaker BYD is making major strides in Europe, with sales surging nearly fivefold in September from a year earlier to just under 25,000 new registrations.
U.S. stocks were mixed late Wednesday as traders digested comments from Federal Reserve Chair Jerome Powell, who signaled that another interest rate cut in December is far from guaranteed. The Dow Jones Industrial Average and S&P 500 edged slightly lower, while the Nasdaq climbed on continued gains
U.S. chipmaker Nvidia has made history by becoming the first company in the world to reach a market value of 5 trillion dollars, driven by soaring demand for artificial intelligence technologies.
Nokia announced on Tuesday that chipmaker Nvidia will acquire a $1 billion stake in the company.
Türkiye’s main stock index, BIST 100, closed on Friday at 10,941.79 points, recording a 3.14% increase.
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