• “Closed for business:” UK competition watchdog blocks Microsoft’s acquisition of Activision

    “Closed for business:” UK competition watchdog blocks Microsoft’s acquisition of Activision
    The UK’s competition regulator has blocked Microsoft’s $68.7bn acquisition of Activision Blizzard, the maker of world-renowned games including Call of Duty and World of Warcraft. The Competition and Markets Authority (CMA) said it’s concerned that the deal would tamper with the future of the rapidly-growing cloud gaming market, resulting in reduced innovation and fewer choices for UK gamers. According to the CMA, Microsoft, which already accounts for an estimated 60% to 70% of
  • Netflix minus 1M users in Spain over no-password-sharing policy

    Netflix minus 1M users in Spain over no-password-sharing policy
    Netflix’s password sharing crackdown has cost it one million users in Spain during the first quarter of 2023, a new study by market research group Kantar has found. This translates to an approximately 15% decrease of its total users. The streaming platform introduced the new measures in Spain in early February, asking for a €5.99 monthly fee from users sharing their passwords with other households. According to Kantar, this is directly linked to the decline of the country’s use
  • These 19 tech giants are on the EU’s new naughty list

    These 19 tech giants are on the EU’s new naughty list
    The EU’s latest crackdown on big tech is taking shape. The bloc yesterday released a list of companies that must adhere to the strictest rules of the landmark Digital Services Act (DSA). The 17 platforms and two search engines reach at least 45 million monthly active users. All of them have four months to comply with the full obligations of the DSA. The services are now mandated to mitigate their systemic risks and establish robust content moderation (this means you, Elon). They range fro
  • Exclusive: Swiss startup unveils ‘world-first’ AI translation service

    Exclusive: Swiss startup unveils ‘world-first’ AI translation service
    A startup claims to have launched a world-first AI speech-to-speech translation system. The tool, called Aivia, was developed by Interprefy, a Zurich-based provider of translation services. The firm focuses on interpreting meetings and events — a market being turbocharged by globalisation.  As interactions spread across borders, they can become harder to understand. Although English is the language of international business, it’s only spoken by an estimated 17% of the world. Th
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