Telecoms firms lose bid to rein in US tech giants

Telecoms firms lose bid to rein in US tech giants

Google, Meta Platforms, Netflix, Microsoft and Amazon will not face heavy-handed regulations in Europe’s digital rule overhaul despite calls from telecommunications companies, people with direct knowledge of the matter said on Thursday. A slew of new tech rules adopted in recent years by the European Commission sparked criticism from the US, which says it targets…

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CompCom orders social media giants to invest in SA media

CompCom orders social media giants to invest in SA media

Social media platforms have enormous power to direct traffic based on their algorithms. South Africa’s Competition Commission has ordered social media platforms YouTube, Meta, TikTok and X to significantly invest in supporting South Africa’s media sector, to restore fairness, transparency and sustainability in the media ecosystem. This is one of several key remedies proposed by…

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Tech giants pay talent millions of dollars

Tech giants pay talent millions of dollars

Meta CEO Mark Zuckerberg offered $100 million signing bonuses to top OpenAI employees. David Paul Morris | Bloomberg | Getty Images The artificial intelligence arms race is heating up, and as tech giants scramble to come out on top, they’re dangling millions of dollars in front of a small talent pool of specialists in what’s…

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