Sectors
EU Launches Formal Probe Against TikTok Lite Over Potentially Addictive Feature
TikTok Lite, recently introduced in France and Spain, includes a "Task and Reward Lite" program, enabling users to earn points for various in-app activities. However, the EU worries about its potential impact on users' mental health.
Elon Musk Prioritizing Robotaxi Over Affordable Tesla Models Contributed to Profit Drop
Tesla is shifting its focus to the Robotaxi initiative amidst stock declines and internal changes, raising concerns among investors about the company's future direction.
Japanese Regulators Demand Google to Fix Ad Search Restrictions Affecting Yahoo
Japan's antitrust watchdog has instructed Google to address its advertising search limitations impacting Yahoo in Japan, following an investigation showing Google's practices that undermine fair competition.
Apple Reportedly Acquired French AI Startup Datakalab, Focusing on AI and Computer Vision
Apple has acquired Datakalab, a Paris-based startup specializing in AI compression and computer vision technology, which hints at potential advancements in features like Photos and Face ID in iOS 18.