Taiwan’s Minister of Economy, Kuo Jyh-hueisaid the former president Donald Trump misunderstood from Taiwan role in the semiconductor industry.
The Brazilian government is considering taxing big tech companies. It could also implement a 15% global minimum tax on multinational corporations to achieve its 2025 budget target.
Games
Ubi Soft Entertainment ADR UBSFY recent release of Star Wars Outlaws, developed by Mass entertainmentfailed to deliver the the financial boost the company was hoping for.
Rocksteady Studios has reportedly laid off several employees following the disappointing performance of its latest title, Suicide Squad: Kill the Justice League, which cost Warner Bros. Discovery Inc JMD $200 million in revenue.
Sony Group Company SONY Financial Director Hiroki Totoki admitted that the company, despite its impressive portfolio, lacks sufficient intellectual property (IP) to he has “favored from the beginning.”
Smartphones
Amid ongoing debates over regulating teens’ smartphone use, Apple Inc. AAPL would oppose legislative efforts requiring it to apply age restrictions on apps.
Apple Apple may likely drop some of its products after its annual iPhone event on September 9. Following the keynote, these Apple products are expected to be removed from the Apple Store.
Apple has reportedly decided to integrate organic light-emitting diodes or OLED screens into all iPhone models, including the cheaper iPhone SEfrom 2025.
Read: Apple Glowtime Event: Will the iPhone 16 Glow or Sparkle?
Television, streaming platform and social networks
A failed distribution agreement between The Walt Disney Company SAY and pay TV provider Direct TV, belonging to AT&T Inc. T And TPG Capitalled to more than 11 million subscribers lose access.
South Korean Law enforcement launched investigation into encrypted messaging platform Telegram for his alleged involvement in the dissemination of sexually explicit deepfake content.
Pavel Durovthe founder of Telegramwho is currently under investigation in France, has publicly criticized French authorities for detaining him instead off address their complaints to his company.
YouTube dismantled the Tenet Media chain following an American chain Justice Department Indictment.
E-commerce
In a significant gesture, Amazon.com, Inc. AMZN is reportedly preparing to revamp its voice assistant, Alexa, using Anthropogenic Claude AI models its own AI. The new version, scheduled for release in October, is designed to respond to complex queries more efficiently.
In recent developments, the U.S. Consumer Product Safety Commission (CPSC) has called for an investigation into online retailers Shein And PDD Holdings Inc. PDD possessed TemuThe request comes in light of allegations regarding the sale of “fatal babies” and toddler products” on these platforms.
Technology
To strengthen supply chain resilience, major chipmakers in Taiwan are expected to launch domestic production of neon gas by 2025, in partnership with local steel and gas companies. Apple And NVIDIA Company NVDA electronic chip suppliers, Taiwan Semiconductor Manufacturing Co., Ltd. TSM, WinbondAnd United Microelectronics Company United Methodist Church lead this initiative.
Days after Meta Platforms, Inc. META CEO Mark Zuckerberg said that the Joe Biden administration “under pressure” Facebook To censor certain content on its platforms, the US Department of Justice has unveiled a new strategy to face foreign threats.
In a bold move to enter the U.S. point-of-sale (POS) payments market, PayPal Holdings, Inc. Pypl integrates his debit card with Applemobile wallet and offering different cashback rewards.
Elon Musk
Tesla, Inc. TSLA And SpaceX CEO Elon Musk threatened to seize Brazilian government assets unless assets belonging to its companies X, formerly Twitter and SpaceX, are back.
Elon Musksatellite broadband company, Starlinkhas decided to comply with a Brazilian court order to block access to the social media platform Xformerly Twitterin Brazil, reversing its previous position.
Related: After X ban, Elon Musk’s social media platform Starlink defies Brazilian court order
Twitter won an appeal against a California law that requires social media companies to disclose their policies against disinformation and hate speech.
A significant number of advertisers plan to reduce their spending X in 2025. This decision stems from concerns about the association with controversial content.
Elon Musk announced the launch of the beta version of the X-TV application, a new adventure in social media platform Xformerly Twitter.
Artificial Intelligence (AI)
Microsoft Corporation MSFT managed to avoid a full investigation in the UK into his recruitment startup staff AI Inflection.
Alibaba Group BABA Expands U.S. Expansion with New AI-Powered Procurement Tool Designed to Simplify Procurement Procurement process for US buyers.
OpenAI CEO Sam Altman Iran appears to be considering targeting the United States for its expanding artificial intelligence infrastructure project, which could cost “tens of billions of dollars.”
Safe Superintelligence (SSI), co-founded by Ilya Sutskeverraised $1 billion to develop advanced artificial intelligence systems.
Major online dating platforms such as Match Group, Inc. MTCHwho owns Tinder And Hinge, Bumble Inc. BMBLAnd Grindr Inc. GRND develop or test AI tools and chatbot assistants designed to generate conversation starters, create user profiles, and provide feedback on user interactions.
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