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Transcripts For BBCNEWS Business 20240625

it s far from the first time an association of creative professionals. this time, it s the recording industry association of america accused ai companies of stealing their material and have sought to stop them in court. back in april, some 200 artists, including billie eilish and nicki minaj, signed a letter calling the use of ai in the music industry predatory and saying it should be stopped. staying with artificial intelligence, shares of nvidia fell by around 7% on wall street on monday. the chip firm has lost more than $500 billion in market value since last week when it briefly overtook microsoft as the world s most valuable company. nvidia has benefited from the booming demand for chips by train and run generative ai models like open ais chatgpt. european union regulators have accused apple of breaking rules designed to rein in big tech companies, the european commission which regulates competition in the year you said apple s app store squeezes out rival marketplaces a

Transcripts For BBCNEWS Business 20240624

time an association of creative professionals. this time, it s the recording industry association of america accused ai companies of stealing their material and have sought to stop them in court. back in april, some 200 artists, including billie eilish and nicki minaj, signed a letter calling the use of ai in the music industry predatory and saying it should be stopped. staying with artificial intelligence, shares of nvidia fell by around 7% on wall street on monday. the chip firm has lost more than $500 billion in market value since briefly overtaking microsoft as the world s most valuable company last week. nvidia has benefitted from the boom in demand for chips that train and run generative ai models, such as openai s chatgpt. european union regulators have accused apple of breaking rules designed to rein in big tech companies. the european commission, which regulates competition in the eu, said apple s app store squeezes out rival marketplaces. this marks the first time t

The Eu could fine Meta and Apple for different reasons

If it's any governmental body that can get work done, it's the EU. It's very strict about companies obeying the DMA (Digital Markets Act) rules set forth.

Apple, Meta set to face EU charges under landmark tech rules: Report

The European Commission, which launched investigations into the two companies and Alphabet s Google in March under the Digital Markets Act (DMA), sees Apple and Meta as priority cases, the people said.

Japan enacts law ensuring access to third-party apps

Japan enacts law ensuring access to third-party apps
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