Industry

Industry

The business side of tech. Analysis on tech giants, startups, market trends, emerging technologies, and policies shaping the IT landscape.

x european union elon musk verification

The EU targets X with potential massive fines for deceptive verification practices

Europe has a real problem with X
What just happened? Elon Musk's X platform is once again in trouble in Europe. The European Union Commission says that the platform is a hotbed of misinformation and illegal content, its transparency and accountability requirements are inadequate, and the blue tick verification system is deceptive. As such, the service could face a fine reaching into the millions of dollars.
big tech gpu money investment startups industry generative ai

Big Tech needs to generate $600 billion in annual revenue to justify AI hardware expenditure

The big picture: The tech industry is riding a new high amid a frenzy fueled by AI. Big Tech companies have been plowing huge sums to build out the necessary infrastructure to meet what they perceive demand will be for these products in the coming years. One analyst warns however that the industry needs to stop and consider whether the actual revenue generated by AI will be enough to support these investments.
  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9