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Apple opens iOS to rival app stores in Brazil after antitrust settlement with CADE

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Apple on Wednesday announced changes to iOS in Brazil that will allow developers to distribute apps through alternative marketplaces, operate their own app stores, and process payments for digital goods outside Apple’s In-App Purchase system. The changes take effect with iOS 26.5 and stem from a settlement with Brazil’s competition regulator CADE. Brazil now joins the European […]

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FERC orders a fast lane for data centre grid connections, but the electricity to fill them is another matter

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The Federal Energy Regulatory Commission on Thursday ordered six major grid operators to fast-track interconnection requests from data centres and other large electricity users. Under the directive, approved unanimously, grid operators must demonstrate that data centres are “able to connect to the transmission system in a timely and orderly manner.” Data centres will be responsible for paying […]

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The EU is about to declare AWS and Azure gatekeepers under the Digital Markets Act

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The European Commission is set to unveil preliminary findings as early as next week stating that Amazon Web Services and Microsoft Azure appear to meet the requirements to be designated as gatekeepers under the Digital Markets Act, Bloomberg reported. A final decision is expected by the end of 2026, though timelines could shift. If designated, […]

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California expected a tax bonanza from AI IPOs. Modern compensation structures may blunt the windfall.

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SpaceX is now valued at $2.5 trillion. OpenAI and Anthropic are expected to go public later this year at valuations approaching $1 trillion each. California, where all three companies are based or have significant operations, should be looking at the largest IPO tax windfall in state history. The reality may be more complicated. Facebook’s 2012 […]

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Attackers cracked 75,000 Fortinet firewalls with old passwords, not a zero-day

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Security researchers have uncovered a sprawling cache of stolen credentials for Fortinet firewalls, exposing login details for tens of thousands of organisations around the world. The dataset, dubbed “FortiBleed,” contains plaintext usernames, emails and passwords for 73,932 unique Fortinet FortiGate firewall and VPN devices across 194 countries, touching more than 21,000 domains. Researchers estimate that […]

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EU tells Big Tech to align AI data centres with climate goals or stay away

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The European Union’s energy chief has told the AI industry it is welcome in Europe, but only on the bloc’s terms. In an interview with Politico, Energy Commissioner Dan Jørgensen said companies must demonstrate commitment to the EU’s energy, climate, and environmental goals if they want to build data centres on the continent. That means supporting […]

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ECB’s Lagarde says AI could trigger financial crises and calls for Cold War-style non-proliferation governance

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ECB President Christine Lagarde warned on Wednesday that artificial intelligence could trigger dangerous financial crises and called for global AI governance modelled on the Cold War-era non-proliferation agreements that kept the world safe from nuclear weapons. She spoke in Venice, the sharpest framing yet from a central bank chief on the systemic risks AI poses […]

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China pitches free AI for the developing world as the G7 debates who gets access to American models

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China’s top diplomat Wang Yi announced on Wednesday that Beijing is “accelerating the establishment of a global AI cooperation organization” and invited all countries to join. The comments came as the G7 summit in France wrapped up with discussions about giving “trusted partners” access to leading US AI models, according to Reuters. Two competing visions […]

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FTC freezes sprawling subscription enterprise built on Cyprus and Delaware shells

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A federal court has temporarily shut down what the US Federal Trade Commission describes as a sprawling enterprise of deceptive subscription apps, freezing the operations of 15 corporations and eight individuals accused of charging consumers without permission and making cancellation deliberately hard. The order, granted at the agency’s request, came alongside a complaint filed on […]

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France breaks EDF’s grip on hydropower with law to auction 6 GW a year

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France’s Parliament adopted a bill on Tuesday that dismantles the monopoly Électricité de France has held over the country’s hydropower market for decades, according to Bloomberg. The law converts EDF’s hydropower concessions into permits and requires the state-owned utility to auction 6 gigawatts of capacity each year under the supervision of France’s energy regulator, CRE. EDF […]

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