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Sanctioned Western tech is still entering Russia and powering its military machine, new analysis shows
Sefa Ozel | E+ | Getty Images Russia is still obtaining large volumes of Western technology critical to its war in Ukraine, even as sanctions show some sign of taking hold, new analysis shows. China, Hong Kong, Turkey and the United Arab Emirates have been increasingly important in funneling critical components to Russia, according to…

Microsoft briefly surpasses Apple as world’s most valuable company
Microsoft briefly overtook Apple as the world’s most valuable company after the iPhone maker began in 2024 with its worst start in years due to growing demand concerns. Shares of Microsoft rose 1.5% in early trading hours on Thursday, giving the company founded by Bill Gates a market cap of $2.88 trillion. The Redmond, Wash.-based company’s surge has…

Malaysia is doubling down on the chip industry to capture growth in EVs
Tesla Inc. signage during a launch of company’s Model Y electric vehicle in Kuala Lumpur, Malaysia, on Thursday, July 20, 2023. Bloomberg | Bloomberg | Getty Images Malaysia is doubling down on the semiconductor industry to capture growth in the growing electric vehicle market. In an exclusive interview with CNBC’s “Squawk Box Asia” on Thursday,…

SAP to pay more than $230 million to settle bribery charges, U.S. authorities say
Christian Klein, CEO of the software company SAP, stands on the podium looking at his cell phone before the start of the company’s Annual General Meeting. Uwe Anspach | Picture Alliance | Getty Images SAP, the $192 billion German enterprise tech company, will pay more than $230 million to settle investigations into worldwide “recidivist” foreign…

Amazon to win unconditional EU nod for iRobot deal | Reuters News Agency
EconomyTechnology 23 November 2023, 1:46 pm 1 minute Reuters exclusively reported that Amazon (AMZN.O) is set to win unconditional EU antitrust approval for its $1.4 billion acquisition of robot vacuum maker iRobot (IRBT.O). Antitrust enforcers around the world have stepped up scrutiny of Big Tech acquiring smaller rivals, concerned about the accumulation of troves of data by a…

Germany, France and Italy reach agreement on future AI regulation | Reuters News Agency
GovernmentTechnology 20 November 2023, 2:44 pm 1 minute Reuters exclusively reported that France, Germany and Italy have reached an agreement on how artificial intelligence should be regulated. Market Impact Germany’s Economy Ministry, which is in charge of the topic together with the Ministry of Digital Affairs, said laws and state control should not regulate AI…