June 24, 2024

EU Charges Apple with Breaching Digital Markets Act, Opens New Investigation on App Developer Fees

Key Points: The Commission criticized Apple's business terms and fees charged to app developers. Apple has made changes to comply with the DMA and plans to continue engaging with the Commission. A new investigation into Apple's contractual requirements for third-party app developers and stores has been launched. Criticism from Epic Games and others followed Apple's introduction of new fees in March. European Union antitrust regulators have charged Apple with breaching the bloc's tech rules, which could result in significant fines for the iPhone maker. This charge, announced on Monday, is the first under the EU's Digital Markets Act (DMA), which...

Latest June 24, 2024

ByteDance Collaborates with Broadcom on Advanced AI Processor Development

Key Points: The chip will comply with U.S. export restrictions and be manufactured by TSMC. It marks a rare high-tech collaboration between Chinese and U.S. firms post-2022 export controls. The partnership aims to reduce costs and ensure a stable chip supply for ByteDance. ByteDance is heavily investing in AI and is facing limited chip supply due to U.S. sanctions. China's ByteDance is partnering with U.S....

AI Boom Drives Stock Splits for Nvidia, Broadcom, and Lam Research

Key Points: 5 AI stocks were identified as candidates for a stock split in late May. Nvidia, Broadcom, and Lam Research have announced stock splits amid the AI boom. Nvidia leads AI GPUs and software, Broadcom excels in networking chips and ASICs, and Lam Research dominates semiconductor equipment manufacturing. Nvidia has the highest growth expectations but faces significant competitive risks. Broadcom and Lam are recovering...

The Quest for Space Colonization: Establish Settlements beyond Earth’s Bounds

Space colonization is humanity's ultimate frontier, representing the ambition to establish permanent settlements beyond Earth's bounds. In this article, we explore the significance, challenges, and potential of space colonization efforts, examining the visionaries, technologies, and initiatives driving humanity's quest to become a multi-planetary species. The Significance of Space Colonization Space colonization holds profound implications for humanity's future. It offers the promise of expanding our civilization...

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