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Italy regulator launches probe into Booking.com for potential abuse of dominant position

Italy's antitrust has opened a probe into Booking.com to establish whether the travel website is in a potential abuse of dominant position, the regulator said on Friday. The watchdog said that the website's handling of the hotels that are part of its Preferred Partner Programme "seems likely to hinder effective competition in the market, at least nationwide, for online hotel brokerage and reservation services".Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB…

Nvidia’s lesser-known plan to stay dominant in the AI chip business

Welcome to AI Decoded, Fast Company’s weekly newsletter that breaks down the most important news in the world of AI. You can sign up to receive this newsletter every week here.Nvidia’s big news Monday wasn’t a new chip, it was a strategyIt’s a good time to be Nvidia CEO Jensen Huang. Right now, Nvidia dominates the market for the chips needed to run AI models. Nvidia stock has tripled in value over the past 12 months. And delivering a keynote speech at San Jose’s SAP Center on Monday as part of the company’s GTC developer…

Canalys: Mediatek ends 2023 as the most dominant chipset provider

Canalys posted a report about the smartphone market in Q4 2023, with a breakdown by processor vendor. The analysis revealed Mediatek powered more devices than any chip maker in the final quarter of last year, with a 21% increase YoY. In terms of revenue, it is Apple that took the crown in Q4 2023. Mobile phones with a Cupertino silicon (only iPhones have this) brought $87 billion in revenue for the US company, 20% more than the same period last year. The report includes only the October-December 2023 period and does…

BYD issues stock buyback to fuel its dominant global EV expansion

The world’s EV leader, BYD (OTC: BYDDY), announced a stock buyback plan as it continues expanding into new markets. BYD is pushing into different segments with new luxury EVs and mid-size electric SUVs. Expanding into new EV segments After selling a record 526,409 all-electric vehicles in the fourth quarter of 2023, BYD topped Tesla to become the best-selling EV maker globally. The automaker’s success was fueled by its lineup of affordable EVs like the Dolphin, Atto 3 (Yuan Plus in China), and…

Did Eurasia’s dominant East-West axis ‘turn the fortunes of history’?

General workflow for testing the (a) ecological and (b) geographic premises of Diamond's hypothesis. A global principal component analysis (PCA) at 0.5 × 0.5° resolution is first used to derive variation in temperature harshness (TH) and aridity index (AI) around the world. These climatic variables are used to compute environmental barriers to cultural spread between pairs of societies. (a) Environmental and travel barriers, along with metrics of…

TikTok is the fastest-growing social platform, but YouTube remains the most dominant

The Pew Research Center has published an updated survey of US adult social media usage. Although YouTube (especially) and Facebook retain their dominant status from the last poll in 2021, TikTok is the fastest-growing platform, with more than a third of adults now saying they use the app.The survey polled 5,733 US adults between May 19 and September 5, 2023. YouTube was far and away the most used platform, with 83 percent of respondents reporting using it at some point. Meanwhile, 68 percent of users reported using…

US v. Google raises the question of how antitrust law handles a company becoming dominant due to offering a far superior product, especially…

Mike Masnick / Techdirt: US v. Google raises the question of how antitrust law handles a company becoming dominant due to offering a far superior product, especially if the DOJ wins — I've noted my skepticism regarding the antitrust attacks on the current Google antitrust trial regarding how it pays to have its search placed … Mike Masnick / Techdirt: US v. Google raises the question of how antitrust law handles a company becoming dominant due to offering a far superior product, especially…

OpenAI Is Facing Fierce Competition as the Dominant AI

It’s been a year of glossy profiles, breathless accolades, and funding billions for OpenAI, but the ChatGPT-maker is far more vulnerable than the popular narrative suggests. Amid a seemingly unstoppable ascent, it’s facing fierce competition, a rising open-source movement and pressure to deliver hits in an unpredictable discipline. Surprisingly, its perch atop the AI field is less than rock solid.  OpenAI’s weakness stems in part from its strength. It popularized generative AI by taking others’ innovations — like…

Has Dominant Artificial Intelligence Plagued Data Science?

This article explores whether the dominance of artificial intelligence affected data science Data science hailed as the cornerstone of the 21st-century technological revolution, has transformed industries with its ability to extract insights from data. However, a closer examination reveals that data science is a discipline that has only recently emerged, bridging the gap between a data-poor past and a future dominated by intelligent systems. With the proliferation of digital platforms such as the internet, social media,…