Dominance

Nvidia Chief Executive Jensen Huang on Monday kicked off his company's annual developer conference with a slew of announcements designed to keep the chip maker in a dominant position in the artificial-intelligence industry.On a hockey arena stage in the heart of Silicon Valley, Huang introduced Nvidia's latest chip, which is 30 times speedier at some tasks than its predecessor. He also detailed a new set of software tools to help developers sell AI models more easily to companies that use technology from Nvidia, whose…

Even as quick commerce is slowly fading in many markets and several heavily-funded startups have folded in the past two years, India is emerging as a striking outlier where the model remains vibrant. India’s quick commerce market has witnessed a staggering 10-fold growth between 2021 and 2023, fueled by the sector’s ability to cater to the distinct needs of urban consumers seeking convenience for unplanned, small-ticket purchases. However, despite this rapid expansion, quick commerce has only captured a modest 7% of…

Each year the Guardian Games returns to Destiny 2, Bungie takes on the arduous task of balancing the event. Despite the focus on population differences in this year’s Guardian Games All-Stars, the new Focus Activity feature is throwing a wrench into the gears. As such, Bungie announced on X, formerly Twitter, that the Focus Activity is temporarily scaled in favor of Warlocks and Titans until a more permanent solution is reached. Screenshot by Destructoid Destiny 2 scales Focus Activity after Hunters dominate the…

Elon Musk's social media platform X could face a raft of new European Union rules that place curbs on the behavior of some of the world's largest technology firms, after the company told regulators it may meet criteria to fall under the scope of the bloc's Digital Markets Act. The DMA, set to take effect on Thursday, lays out a series of dos and don'ts for the likes of Alphabet Inc.'s Google Search, Apple's Safari, Amazon.com Inc. and Meta Platforms Inc.'s Facebook among others. It could also be applied to Musk's X, as…

European news media companies sued Google for roughly $2.1 billion in damages Wednesday over allegations that the tech giant’s ad technology practices have harmed them.   The case, filed by more than 30 European news media companies is the latest challenge to the California-based company over its ad technology, including a case launched by the Department of Justice last year. The companies suing include Axel Springer, the German-based company that owns Politico, Reuters reported. “The media companies…

Tech industry body Internet and Mobile Association of India (IAMAI) has constituted a task force to address what they allege is the abuse of market dominance by Big Tech firms."The task force will be looking at the Google Play Billing System (GPBS) and IP-related matters to begin with, and then will look at the broader concerns surrounding Big Tech and their abuse of dominance in India," said Murugavel Janakiraman, the Bharat Matrimony founder who is also the chairperson of the task force.Elevate Your Tech Prowess with…

Facebook must face a collective lawsuit valued at around 3 billion pounds ($3.77 billion) over allegations the social media giant abused its dominant position to monetise users' personal data, a London tribunal ruled on Thursday. Legal academic Liza Lovdahl Gormsen, who is bringing the case on behalf of around 45 million Facebook users in the UK, says users were not properly compensated for the value of personal data they had to provide. The Competition Appeal Tribunal (CAT) initially refused to give the go-ahead to the…

Facebook must face a collective lawsuit valued at around 3 billion pounds ($3.77 billion) over allegations the social media giant abused its dominant position to monetise users' personal data, a London tribunal ruled on Thursday.Legal academic Liza Lovdahl Gormsen, who is bringing the case on behalf of around 45 million Facebook users in the UK, says users were not properly compensated for the value of personal data they had to provide.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

India is facing a quandary in enforcing long-delayed rules to curb the dominance of PhonePe and Google Pay in the country’s booming digital UPI payments market. The National Payments Corporation of India (NPCI), a special unit of the central bank, wants to cap market share of any player at 30% in the Unified Payments Interface ecosystem. With Paytm, the third leading player on the UPI charts, fighting for its survival, the NPCI faces a unique challenge to get PhonePe and Google Pay to lower…

French competition watchdog probes big tech's AI dominance; US AI giants collaborate on federal safety standards; Microsoft teams up with Sarvam AI for voice-based GenAI tools; government says AI will have jobs impact, but will create opportunities too- this and more in our daily roundup. Let us take a look. 1. French Competition Watchdog probes big tech's AI dominanceFrance's competition authority has initiated a public consultation on the AI sector, aiming to assess big tech firms' strategies. With a focus on companies…