The White House has cut Intel’s CHIPS Act award by over $600 million. Initially set to receive $8.5 billion, the company will now get up to $7.85 billion.
The Competition and Markets Authority (CMA) has “provisionally concluded” that Apple’s restrictive mobile browser policies limit innovation. It expects to make a final decision by March.
Apple has proposed a plan that would invest $100 million in Indonesia to build a manufacturing plant in the country. This is an attempt by the company to get the country to lift a ban on the iPhone 16 and other products.
Comcast is spinning out Rotten Tomatoes, Fandango and some cable networks into a separate company. The new business will also be home to the likes of MSNBC and SYFY.
The UK’s competition regulator gave the go ahead for Alphabet's $2 billion investment in Anthropic. The company develops artificial intelligence platforms.
The EU’s first draft of its rules for general-purpose AI (GPAI) models outlines managing risks and compliance with the AI Act. Stakeholders have until November 28 to submit feedback.
The European Commission has fined Meta $842 million for antitrust violations related to Facebook Marketplace. It said the company “abused its dominant positions” as a leader in the social networking space.
After a lengthy consideration, the National Labor Relations Board has ruled that Amazon’s “captive-audience meetings” are a violation of the National Labor Relations Act.