Ah, regulators. If you thought things in the
The preceding week was a hotbed of news involving US regulators and tech giants. From Satya Nadella's testimony to Elon Musk's renewed rivalry with the Securities & Exchange Commission, it was all there. Oh, and a bit of AI-related developments sprinkled here and there for good measure. Here's what went down:
Now, Nadella's concern isn't necessarily what Google does to remain the undisputed king of search. It's how the
Nadella reportedly said that Microsoft was locked out of vast troves of data needed to train artificial intelligence, simply because Google had a habit of throwing money at the problem. "When I am meeting with publishers now, they say Google's going to write this check and it's exclusive and you have to match it," he reportedly said. Ouch!
An interesting tidbit from the testimony was how Apple rebuffed Microsoft's offer to let Bing become the default search engine on its devices. At the moment, Google pays for that privilege, but given Apple users' preference for Google Search, it was unlikely that Tim Cook would give Bing a chance. However, there was once chatter on Wall Street, particularly after ChatGPT became all the rage and Microsoft decided to
That said, Apple not only rebuffed Microsoft's offer, it also said no to DuckDuckGo. When CEO Gabriel Weinberg approached Apple to make his privacy-oriented search engine the default choice for users who wanted to work in privacy mode on the iPhone maker's devices, the company backed out because of the payments it was receiving from Google, he
Furthermore, Google also reportedly
Capitalism at its finest. Amirite? 😂
Google ranked #5 on HackerNoon's
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In Other News.. 📰
- Microsoft eyes closing its giant Activision Blizzard deal next week — via
- Google to combine generative AI chatbot with virtual assistant — via
- Amazon’s Alexa has been claiming the 2020 election was stolen — via
The Washington Post.
- OpenAI said to be considering developing its own AI chips — via
- Taiwan investigates firms that worked with Chinese companies reportedly supplying Huawei — via
- 23andMe investigating theft and leak of user data — via
- Sex, Signal messages and sabotage: SBF’s top execs and Bahamas roommates tell all in court — via
And that's a wrap! Don't forget to share this newsletter with your family and friends! See y'all next week. PEACE! ☮️
— Sheharyar Khan, Editor, Business Tech @ HackerNoon
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