Friday, December 2, 2022

Meta sought to settle EU antitrust investigations: sources

The EU competition enforcer launched an investigation into Facebook in June last year, focusing on whether the social network unfairly use advertisers' data to compete with them in the online classified ads sector.

from Tech-Economic Times https://ift.tt/hCLb5KD

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OpenAI set to raise about $10 billion from MGX, Coatue, Thrive

OpenAI is nearing a deal to raise about $10 billion from venture investors, lifting its latest funding round to roughly $120 billion. Backer...