FTC conducting inquiry into Reddit’s AI data-licensing practices ahead of IPO

FTC conducting inquiry into Reddit’s AI data-licensing practices ahead of IPO

FTC conducting inquiry into Reddit’s AI data-licensing practices ahead of IPO Reddit’s ambitious foray into data licensing, particularly concerning its implications for AI training, has attracted the attention of the Federal Trade Commission (FTC), as revealed in an updated IPO prospectus filed by the company. The disclosure sheds light on Reddit’s diversification efforts beyond its…

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Samsung remains optimistic about smartphones powered by artificial intelligence, despite conceding the sales throne to Apple

Samsung’s Resilience Amid Challenges: Navigating a Shifting Landscape with Optimism and Innovation in the Era of AI-Powered Smartphones Samsung experienced its fourth consecutive quarter of declining profits on Wednesday, concluding a challenging year that included surrendering its title as the world’s leading smartphone manufacturer. The South Korean technology giant reported a 35% decrease in profit…

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Broadcom Closes Record-Breaking $69bn Purchase of VMware

Tech Titans Unite: Broadcom Finalizes $69bn VMware Takeover

Chipmaker Broadcom Completes $69bn Deal to Buy VMware Chipmaker Broadcom’s recent completion of the $69 billion acquisition of cloud computing firm VMware has marked a significant milestone in the technology sector. This article explores the details, regulatory scrutiny, implications, and the broader context surrounding this substantial deal. Broadcom, headquartered in San Jose, California, specializes in…

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