Google faces UK investigation over search dominance

Posted on January 14, 2025 by Techme101

The tech giant accounts for 90% of web searches in the UK – the regulator will probe whether that harms consumers and rivals.

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UK’s CMA slaps Google Search and its 90%+ market share with an antitrust investigation

Posted on January 14, 2025 by Techme101

The Competition and Markets Authority — the U.K.’s antitrust watchdog — is wasting no time in lodging its first official investigation of 2025 under its new rules that came into effect this month. It’s looking into the market dominance of Google in Search, including the new work it’s doing in AI search as well as […]
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Google faces first major probe under UK’s tough new antitrust rules

Posted on January 14, 2025 by Techme101

Britain’s competition watchdog said Tuesday that it’s opening a formal antitrust investigation into Google’s search and search advertising business.

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Bioptimus raises $41M to develop a ‘GPT for biology’

Posted on January 14, 2025 by Techme101

A fledgling French AI startup has raised $41 million to develop a foundational AI model for biology. Just as OpenAI’s ChatGPT has taken the world by storm for a super-smart generative AI tool capable of natural language conversation in text form, Bioptimus is taking that concept but training its model specifically for downstream biological applications […]
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The ‘Largest Illicit Online Marketplace’ Ever Is Growing at an Alarming Rate, Report Says

Posted on January 14, 2025 by Techme101

Huione Guarantee, a gray market researchers believe is central to the online scam ecosystem, now includes a messaging app, stablecoin, and crypto exchange—while facilitating $24 billion in transactions.

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LemFi moves remittances further into Asia and Europe with $53M in new funding

Posted on January 14, 2025 by Techme101

For many emerging market economies, remittances have become a lifeline. Inflows surpassed $669 billion in 2023, according to World Bank research, and they now represent significant portions of GDP in these countries, often outpacing foreign direct investment as the primary source of foreign exchange.  Traditional banks and agents maintain a firm grip on the remittance […]
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How Barcelona became an unlikely hub for spyware startups

Posted on January 14, 2025 by Techme101

Barcelona’s mix of affordable cost of living and quality of life has helped create a vibrant startup community — and become a hotbed for the creation of surveillance technologies.
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The UK wants to do its ‘own thing’ on AI regulation, suggesting a divergence from U.S. and EU

Posted on January 14, 2025 by Techme101

A U.K. government minister told CNBC it’s important for the U.K. to “do our own thing” when it comes to regulating powerful artificial intelligence models.

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China considers selling TikTok U.S. operations to Musk, Bloomberg reports

Posted on January 14, 2025 by Techme101

The Chinese government is considering a plan for Elon Musk to acquire TikTok’s U.S. business, Bloomberg News reported on Monday.

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TikTok says report of possible sale to Musk ‘pure fiction’

Posted on January 14, 2025 by Techme101

The social media platform has repeatedly said that it will not sell its US operation.

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