Big Tech

The European Commission (EC) ordered YouTube, TikTok and Snap to detail the design of their recommendation algorithms and their roles in amplifying systemic risks, warning failures to appropriately address the request could lead to formal proceedings under the Digital Services Act (DSA).

LIVE FROM M360 APAC, SEOUL: KT CEO Kim Young Shub underscored its commitment to partnering to expand its AI capabilities, most recently tying up with Microsoft to invest in hyperscale data centres and GPU farms.  

The Republic of Ireland's Data Protection Commission hit Meta Platforms with fines totalling €91 million for inadvertently storing hundreds of millions of user passwords incorrectly.

Speculation over the future of Intel ramped, with separate media reports claiming Qualcomm made an initial approach over a potential acquisition of the company, while Apollo Global Management has apparently indicated a willingness to pump up to $5 billion into the troubled chipmaker.

Enterprise software giant SAP revealed it reached a mutual agreement with CTO and executive board member Juergen Mueller to leave the company on 30 September due to inappropriate behaviour at a company event.

Google plans to invest more than $850 million in a data centre in Uruguay, which will become the tech giant’s second facility of its kind in Latin America after a debut in Chile nine years ago.

IBM reportedly revealed a plan to shut down its R&D operations in China, which would be another departure by a well-known US technology company due to heightened Sino-US tensions.