Microsoft and Amazon , Face Antitrust Probe in UK.
Microsoft and Amazon , Face Antitrust Probe in UK.
On Oct.
5, Britain's Competition and Markets Authority (CMA) said it is investigating Microsoft and Amazon's cloud infrastructure services, CNN reports.
On Oct.
5, Britain's Competition and Markets Authority (CMA) said it is investigating Microsoft and Amazon's cloud infrastructure services, CNN reports.
The probe comes after the country's media and communications regulator, Ofcom, issued a report
stating that the U.K.'s supply of cloud infrastructure
is concentrated while competition is limited.
When examining Britain's cloud
infrastructure services market, .
Ofcom says that Microsoft and Amazon
Web Services (AWS) "had a combined market share of 70%-80%" last year, CNN reports.
Ofcom says that Microsoft and Amazon
Web Services (AWS) "had a combined market share of 70%-80%" last year, CNN reports.
Google, the closest competitor,
had a market share of 5%-10%.
We welcome Ofcom’s referral of
public cloud infrastructure services
to us for in-depth scrutiny.
, Sarah Cardell, CMA CEO, via statement.
This is a £7.5 billion market
that underpins a whole host
of online services — from social
media to [artificial intelligence]
foundation models, Sarah Cardell, CMA CEO, via statement.
Many businesses now completely rely
on cloud services, making effective
competition in this market essential, Sarah Cardell, CMA CEO, via statement.
The investigation is expected
to conclude by April 2025.
The investigation is expected
to conclude by April 2025.
Amazon and Microsoft have agreed to "constructively" work with the CMA, CNN reports.
Amazon and Microsoft have agreed to "constructively" work with the CMA, CNN reports.
We are committed to ensuring the
U.K. cloud industry remains innovative, highly competitive and an accelerator for growth across the economy.
Amazon Reaches $2 Trillion , in Stock Market Value.
On June 26, Amazon became the 5th American company to join the $2 trillion club, NPR reports. .
Amazon shares ended the day up nearly 4%, giving the company a $2.01 trillion stock market valuation. .
Within the past year,
Amazon's stock has gained 52%.
Part of that gain can be attributed
to investors' enthusiasm about the
company's AI endeavors, NPR reports. .
A big part of the valuation boost has
been cloud and AI. Amazon is going to
be a major player in the AI revolution, Dan Ives, Wedbush tech analyst, via NPR.
Amazon currently has a chatbot called Q, which businesses that use AWS have access to. .
Amazon currently has a chatbot called Q, which businesses that use AWS have access to. .
Amazon CEO Andy Jassy recently said that
AI has rejuvenated the growth of AWS.
The cloud computing unit is reportedly on pace to bring in $100 billion in annual revenue.
Amazon recently invested in Anthropic, a California
AI company, "to develop so-called foundation models
that underpin generative AI systems," NPR reports. .
Amazon also makes its own AI chips.
The other four U.S. companies that
belong to the $2 trillion club are
Google, Microsoft, Apple and Nvidia. .
The other four U.S. companies that
belong to the $2 trillion club are
Google, Microsoft, Apple and Nvidia. .
The other four U.S. companies that
belong to the $2 trillion club are
Google, Microsoft, Apple and Nvidia. .
The other four U.S. companies that
belong to the $2 trillion club are
Google, Microsoft, Apple and Nvidia.
Credit: Wibbitz Top Stories Duration: 01:30Published
Amazon Prime Day 2024 , Dates Announced.
This year, Amazon Prime Day will fall
on July 16 and 17, Engadget reports. .
It will begin at 3:01 a.m. ET on July 16.
Thousands of deals on electronics, household items, fashion and more will be available to members only. .
Historically, Amazon Prime Day
has helped the retail giant to gain
more subscribers, Engadget reports. .
However, the price of a subscription has nearly doubled since 2005, when the service debuted. .
At launch, a Prime subscription was $79.
Now it will cost you $139.
Although July's Prime Day has been Amazon's
most significant shopping event for a while now.
the company has also offered a "fall Prime Day" in recent years, Engadget reports. .
It's likely that a similar event will return in the fall this year, but those dates have yet to be announced.
Credit: Wibbitz Top Stories Duration: 01:30Published
'The Boys' are heading toward their final fight. Season five of the Amazon Prime Video show will be its last. Showrunner Eric Kripke shared the news on social media. He wrote, "Season 4 premiere week is a good time to announce: Season 5 will be the final season! Always my plan, I just had to be cagey till I got the final OK from Vought. Thrilled to bring the story to a gory, epic, moist climax."
Credit: The Hollywood Reporter Duration: 01:19Published
Sarayu Blue chats with THR at the 'Inside Out 2' carpet and shares how she taps into joy. Plus, she reveals which emotion drives her mind and talks 'Expats' and the fan response with the Amazon show.
Credit: The Hollywood Reporter Duration: 03:03Published
YouTube Leaks Spark Concerns , About Google Employee Access , to Unpublished Videos.
Last week, PlayStation's lineup for the
State of Play event was leaked shortly after
the event was scheduled to appear on YouTube.
Last week, PlayStation's lineup for the
State of Play event was leaked shortly after
the event was scheduled to appear on YouTube.
The Verge reports that the leak has
contributed to concerns regarding Google
employees' access to videos before they go live.
The issue was recently highlighted
in reports by Insider Gaming
and 404 Media.
One of the leaks, which was noted by Tom Henderson
of Insider Gaming, involved KSI's 2022 attempt to
give away over $10,000 in Amazon gift cards.
However, an internal YouTube investigation was started
after KSI realized that all of the gift card codes had
already been redeemed prior to the video going live.
However, an internal YouTube investigation was started
after KSI realized that all of the gift card codes had
already been redeemed prior to the video going live.
A similar internal investigation
was opened after the trailer
for GTA VI leaked online. .
According to a report by 404 Media, a Google
contractor was responsible for the 2017 Nintendo
leak that revealed an early look at 'Yoshi's Crafted World.'.
The Verge reports that an image
of the game's trailer was posted to
Reddit just ahead of its big reveal at E3. .
The post contained an “admin.youtube.com” URL,
which would suggest that an employee had
accessed the video prior to its public release.
According to a database entry reported on by
404 Media, Google confirmed that an employee
had gained access to and deliberately leaked the video.
Credit: Wibbitz Top Stories Duration: 01:31Published
Abhiram Reddy, a seasoned DevOps engineer, has made significant strides in this domain, particularly during his tenure at Flexera. At Flexera, Reddy led the.. DNA
Google Uses AI to Add , Over 100 New Languages to Translate.
Google Translate continues to get better,
as the company has used AI to add 110 new languages to the feature, Engadget reports. .
According to Google, the new languages represent over 600 million speakers,
or 8% of the worldwide population. .
Google referenced its LLM, PaLM 2, as "a key piece to the puzzle, helping Translate more efficiently learn languages that are closely related to each other," .
... "including languages close to Hindi, like Awadhi and Marwadi, and French creoles like Seychellois Creole and Mauritian Creole.".
Isaac Caswell, senior software
engineer for Google Translate, issued
a statement about the development.
As technology advances, and as
we continue to partner with expert
linguists and native speakers, we'll
support even more language varieties
and spelling conventions over time, Isaac Caswell, senior software engineer
for Google Translate, via Engadget.
The last time Translate had a sizeable number of languages added to it was in May of 2022.
At the time, the company utilized the help of Zero-Shot Machine Translation, which
"allows a model to learn a new language" without viewing examples, Engadget reports. .
Later in 2022, Google announced its
1,000 Languages Initiative.
The Initiative seeks to develop AI models that can learn the 1,000 most common languages spoken around the world. .
The Initiative seeks to develop AI models that can learn the 1,000 most common languages spoken around the world.
Credit: Wibbitz Top Stories Duration: 01:31Published
Google Search Algorithm Documents , Have Been Leaked.
On May 29, Google confirmed that 2,500 internal documents have been leaked, The Verge reports.
The documents contain data that the
company uses for its search algorithm. .
Google spokesperson
Davis Thompson issued a statement.
We would caution against making
inaccurate assumptions about
Search based on out-of-context, outdated or incomplete information. , Davis Thompson, Google spokesperson, via statement.
We’ve shared extensive
information about how Search
works and the types of factors
that our systems weigh, while also
working to protect the integrity
of our results from manipulation, Davis Thompson, Google spokesperson, via statement.
The leaked documents suggest that the tech
giant may collect and use data that it
previously denied using for rankings.
such as "clicks, Chrome user data
and more," The Verge reports.
However, it's not clear what data is actually utilized to rank searches, as some info could be outdated or used for training purposes.
Nevertheless, the leak is likely to
make waves throughout "search engine optimization (SEO), marketing and
publishing industries," The Verge reports.
Credit: Wibbitz Top Stories Duration: 01:31Published