Australia fines Google $36m over anticompetitive search engine deals
Google has agreed to pay AU$55 million (US$36 million) after admitting to making anti-competitive agreements with Australia’s two biggest telecom companies, Telstra and Optus. The Australian Competition and Consumer Commission (ACCC) announced the penalty on Monday, August 18. The regulator explained that Google’s Asia Pacific branch in Singapore signed contracts with Telstra and Optus which […]
Elon Musk says Tesla and Samsung have signed a $16.5 billion chip deal
Tesla’s CEO, Elon Musk, has announced a massive chip supply deal worth $16.5 billion with Samsung Electronics. This partnership is expected to boost Samsung’s chip-making business, which has been facing some challenges recently. As part of the agreement, Samsung will produce Tesla’s new AI6 chips at its advanced chip plant in Taylor, Texas. These chips […]
Global IT Outage Disrupts Airlines, Banks, and Media Operations
A global IT outage has caused significant disruptions in various sectors, including airlines, banks, and media. The issue began early Friday and has affected operations in countries like Singapore, the United States, and Australia. Microsoft acknowledged the problem, stating that they are investigating issues with their 365 apps and operating systems. While some services have […]