Microsoft has poured over $100 billion into developing its Bing search engine over the past two decades but has little market share to show for it. About nine out of every 10 web searches in the US are made through Google, with Bing splitting the remaining queries with a long list of small competitors. On … Read more
The Federal Communications Commission has voted—once again—to assert its power to oversee and regulate the activities of the broadband industry in the United States. In a 3-2 vote, the agency reinstated net neutrality rules that had been abandoned during the height of the Trump administration’s deregulatory blitz. “Broadband is now an essential service,” FCC chair … Read more
The other night I attended a press dinner hosted by an enterprise company called Box. Other guests included the leaders of two data-oriented companies, Datadog and MongoDB. Usually the executives at these soirees are on their best behavior, especially when the discussion is on the record, like this one. So I was startled by an … Read more
Oregon governor Tina Kotek yesterday signed the state’s Right to Repair Act, which will push manufacturers to provide more repair options for their products than any other state so far. The law, like those passed in New York, California, and Minnesota, will require many manufacturers to provide the same parts, tools, and documentation to individuals … Read more
Apple is among three tech giants being investigated for failing to comply with the European Union’s new competition rules, in another blow to the embattled smartphone maker. Apple was the primary focus of an EU press conference on Monday morning. But authorities also opened formal investigations into Meta and Alphabet, Google’s parent company. The trio … Read more
Reddit said ahead of its IPO next week that licensing user posts to Google and others for AI projects could bring in $203 million of revenue over the next few years. The community-driven platform was forced to disclose Friday that US regulators already have questions about that new line of business. In a regulatory filing, … Read more
ChatGPT caught regulators by surprise when it set off a new AI race. As companies have rushed to develop and release ever more powerful models, lawmakers and regulators around the world have sought to catch up and rein in development. As governments spin up new AI programs, regulators around the world are urgently trying to … Read more
Europe changed the rules of the internet this week when the Digital Markets Act took effect, holding the biggest tech companies to tough new standards. Now the world is waiting to see which giant will be first to fall foul of the law. One of the architects of the DMA says Apple is a strong … Read more
Citizens of the European Union live in an internet built and ruled by foreign powers. Most people in the EU use an American search engine, shop on an American ecommerce site, thumb American phones, and scroll through American social media feeds. That fact has triggered increasing alarm in the corridors of Brussels, as the EU … Read more
Others argue the state’s strategy of paying Bitcoin miners not to mine when the grid is under heavy load is nonsensical. “The most important thing a regulator can do is match assets and liabilities—match supply and demand,” says Ed Hirs, an energy fellow at the University of Houston. With the deterioration of the state’s fleet … Read more
