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Nvidia and Microsoft Sued for Allegedly Undercutting AI Technology Patent Prices

 |  Sep 5, 2024

In a new legal battle, tech giants Nvidia and Microsoft are facing a lawsuit in the U.S. for allegedly stealing technology from a small Texas-based company to fuel their AI innovations. According to Reuters, the lawsuit was filed by Xockets Inc. in federal court in Waco, Texas, on Thursday, accusing both Nvidia…

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Judge to Weigh Landmark NCAA Settlement Proposal in Antitrust Lawsuit
 |  Sep 5, 2024

A federal judge in California is set to evaluate a settlement that could fundamentally change the landscape of college sports by creating a new model for compensating athletes. The case, overseen by Judge Claudia Wilken, centers on three antitrust lawsuits against the NCAA and its five power conferences. According to ESPN, the…

EU Adviser: Google’s Block on Enel App May Violate Competition Laws
 |  Sep 5, 2024

Google’s decision to block an electric mobility app created by Enel from its Android Auto platform may violate competition regulations, according to an adviser to the European Union’s top court. This stance aligns with an earlier ruling by Italy’s antitrust authority, which had fined Google for its actions. Per Reuters,…

World’s First AI Treaty Set for Signing by US, UK, and EU Amid Concerns
 |  Sep 5, 2024

The world’s first legally binding treaty on artificial intelligence (AI) will soon be open for signing by countries that played a key role in its negotiation, including the United States, the United Kingdom and European Union member states. The Council of Europe, a prominent human rights organization, announced that the…

Nvidia Refutes Claims of Subpoena Over Antitrust Concerns
 |  Sep 5, 2024

On Wednesday, Nvidia denied reports suggesting it had received a subpoena from the U.S. Department of Justice (DOJ) in relation to antitrust concerns. The statement came after Bloomberf reported Tuesday that the tech giant had been subpoenaed, a report which led to a dip in the company’s stock price during…

Kroger’s $24.6 Billion Acquisition in Court Spotlight: CEOs Defend Deal Amid FTC Scrutiny
 |  Sep 4, 2024

On Wednesday, CEOs Rodney McMullen of Kroger and Vivek Sankaran of Albertsons testified in a significant antitrust case challenging Kroger’s $24.6 billion acquisition of Albertsons, its largest pure-play competitor. According to Oregon Live, this court appearance before U.S. District Court Judge Adrienne Nelson comes as part of a broader legal battle…

Ireland Ends Legal Battle with X Over AI Data Use
 |  Sep 4, 2024

Ireland’s Data Protection Commission (DPC) has officially concluded its legal proceedings against the social media platform X, previously known as Twitter, following the company’s commitment to permanently restrict the use of personal data collected from European Union (EU) users for training its artificial intelligence (AI) systems. According to Reuters, the…

Microsoft Cleared of Antitrust Concerns by UK Watchdog Over Inflection AI Ties
 |  Sep 4, 2024

In a recent decision, UK antitrust authorities determined that Microsoft’s recruitment of former Inflection AI employees and its partnership with the startup does not pose a threat to market competition, marking a significant win for the tech giant amid heightened regulatory scrutiny on both sides of the Atlantic. According to…

DirecTV and Disney Dispute Could Signal Major Shift in TV Industry
 |  Sep 4, 2024

The ongoing dispute between DirecTV and Disney, initially over satellite TV distribution rates, is rapidly evolving into a broader debate about the future of bundled programming. According to Reuters, this conflict has left 11 million DirecTV customers without access to ESPN during the U.S. Open tennis tournament and just days before…

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