Hot Chips: The European Court of Justice, which is the European Union's version of the US Supreme Court, has upheld a previous decision to cancel a billion-dollar fine against Intel. The company didn't infringe EU antitrust laws with conditional rebates for CPU resellers; at least, there is no definitive proof it did.
Data collection has never been as powerful or lucrative as it is right now
A hot potato: Currently, the AI industry is the Wild West. There are very few laws on the books that govern the market. This lack of formal regulation has led to AI firms operating on the honor system, promising to effectively self-regulate, but democrats in the US Senate believe the self-regulation experiment has failed. They're now asking trade regulators to see if they can find any antitrust violations, especially in AI-generated content summaries.
A hot potato: Mozilla has a close relationship with Google, as most of Firefox's revenue comes from the agreement keeping Google as the browser's default search engine. However, the search giant is now officially a monopoly, and a future court decision could have an unprecedented impact on Mozilla's ability to keep things "business as usual."
Google paid over $21 billion in 2021 to make its search engine the default on various devices and browsers
What just happened? The US Department of Justice's nearly year-long case against Google over its dominance in the search engine market has reached a dramatic end. The case could drastically alter how numerous devices and web browsers choose their default search engines, though the full extent of the impending effects remains unclear.
Allegations of strong-arming cloud providers sparked antitrust concerns
The big picture: It's been a whirlwind year for Nvidia, the tech juggernaut that's become virtually synonymous with AI computing hardware. From superb revenue figures to CEO Jensen Huang's headline-grabbing antics, the company has been in the spotlight for months. Now, the headlines grow sour as Nvidia has caught the eye of US antitrust regulators.