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Chinese Firm Claims US Sanctions Came After They Uncovered US Spy Activities From CIA and NSA
Qihoo 360 claims its recent U.S. sanctions are due to its discovery of CIA and NSA spying on China and its role in strengthening Chinese cybersecurity.
US Progressives and Senator Warren Urge DOJ to Investigate Nvidia's Market Dominance
Nvidia faces calls from U.S. progressive groups and Senator Elizabeth Warren for a DOJ investigation into its potential anticompetitive practices amid its dominant position in the AI chip market.
Roblox Raises Revenue Outlook As Games With Mature Content Attract Older Users
Roblox raised its annual bookings forecast, crediting increased user engagement and mature content for attracting older, higher-spending players.
World's First-Ever AI Law Now Enforced in Europe, Targeting US Tech Giants
The European Union's new AI Act, effective August 1, 2024, introduces strict regulations for AI technologies, impacting major U.S. tech companies with its comprehensive framework and penalties for non-compliance.