List of All Articles with Tag 'tech'

By Paul Sandle and Kate Holton LONDON The long-running battle between Microsoft and Britain over the Activision Blizzard

Huawei Technologies Co is building a collection of secret semiconductor-fabrication facilities across China to let the company skirt

California authorities have asked General Motors to "immediately" take some of its Cruse robotaxis off the road after autonomous vehicles were involved in two collisions -- including one with an active fire truck -- last week in San Francisco.

By Jody Godoy (Reuters) -A U.S. consumer finance regulator sued a subsidiary of fintech lender Curo Group Holdings Corp on

NEW YORK Cryptoassets, peddled as the future of finance, have not only failed to deliver on their promise

Microsoft has made a major change to its proposed takeover of the developer of Call of Duty, in yet another attempt to get it completed. The company is hoping to buy Activision Blizzard for $69 billion, or £54 billion, in what would be one of the biggest sales ever. But it has faced intense regulatory scrutiny, including by the UK’s Competition and Markets Authority, which has looked to block the deal. Now it has said that it has sent a fresh proposal for how the takeover would work in an attempt to convince the CMA that the deal should go ahead. But it has stressed that there is still no “green light” for the deal. It came as the regulator confirmed on Tuesday that Microsoft‘s original plan to buy the computer games company “cannot proceed”. Under the new proposal, Microsoft would sell off its rights to offer games via the cloud for new or existing Activision PC or console games for the next 15 years outside the European Economic Area (EEA). It will instead sell those rights to Ubisoft, a rival developer known for the Assassin’s Creed and Far Cry games series. This is designed to ensure that gamers have access to Activision Blizzard’s games, even on consoles and computers not made by Microsoft. The CMA will now launch a new probe into this deal, a so-called Phase 1 investigation. CMA chief executive Sarah Cardell said: “The CMA has today confirmed that Microsoft‘s acquisition of Activision, as originally proposed, cannot proceed. “Separately, Microsoft has notified a new and restructured deal, which is substantially different from what was put on the table previously “This is not a green light. We will carefully and objectively assess the details of the restructured deal and its impact on competition, including in light of third-party comments.” Microsoft president Brad Smith said: “Under the restructured transaction, Microsoft will not be in a position either to release Activision Blizzard games exclusively on its own cloud streaming service, Xbox Cloud Gaming, or to exclusively control the licensing terms of Activision Blizzard games for rival services.” It marks a new twist in the case, the biggest fight the CMA has taken on since gaining new post-Brexit powers. At one point the case looked like as though it would only end after a court battle. In January 2022 Microsoft announced that it planned to buy Activision Blizzard, the company behind the Call Of Duty and World Of Warcraft games, for an eye-watering sum. When the UK was still an EU member, a deal of that size would have been assessed by regulators in Brussels. But after Brexit the CMA now has the power to investigate such deals itself. Although both companies are American, both have significant businesses in the UK so their tie-up could have a significant impact on competition here. Activision Blizzard chief executive Bobby Kotick said: “For us, nothing substantially changes with the addition of this divestiture: our merger agreement with Microsoft, closing deadline, and the cash consideration to be paid for each Activision Blizzard share at closing remain the same. “We will continue to work closely with Microsoft and the CMA throughout the remaining review process, and we are committed to help Microsoft clear any final hurdles as quickly as possible. “This has been a longer journey than expected, and I am very proud of how focused everyone has remained on delivering great games.” Additional reporting by agencies Read More Meta could finally launch Threads feature everyone is waiting for Japanese scientists hoping for a message from alien life imminently iPhone 15 could bring two major changes to fix battery life Meta could finally launch Threads feature everyone is waiting for Japanese scientists hoping for a message from alien life imminently iPhone 15 could bring two major changes to fix battery life

BRUSSELS EU antitrust regulators will examine whether Microsoft's proposal to sell its non-EU cloud streaming rights to Ubisoft

Threads users, rejoice: the app is rolling out its highly anticipated web version Tuesday.

A 3-D-printed toilet has been invented and the surface is so slippery that nothing can leave a mark on it. Cleaning the toilet has to be one of the grimmest household chores, but thanks to new material, you may never have to scrub a loo again. The toilet is the invention of Yike Li at Huazhong University of Science and Technology in Wuhan, China, who, alongside colleagues, invented a toilet whose surface is so slippery that nothing stains it and uses less water for each flush. The team created a prototype of the toilet around 10 times smaller than a real one. It was made using 3D printing technology, where particles of plastic and hydrophobic sand grains were fused together with lasers. The surface of the toilet was lubricated with a type of silicon oil that also penetrated the surface due to the complex structure of the material. The team tested the toilet with a variety of substances, including honey, yoghurt, muddy water as well as synthetic faeces. They found that none of the substances stuck to the toilet bowl. Amazingly, the toilet was just as slippery after having been rubbed with sandpaper over 1,000 times, which Li believes is due to the oil being able to penetrate the material of the toilet. Li believes the technology would be suited for settings in which a toilet gets a lot of use, such as on modes of transport and in public toilets. He explained: “The reduced flushing volume would result in less wasted water during transportation to the processing facilities, thereby saving transportation costs.” But, before that can happen, Li says the technology needs to be adapted for use on a full-sized toilet and also needs to be cheaper to make. You can see the toilet in action below courtesy of New Scientist. Nothing can stick to this 3D-printed slippery toilet youtu.be Sign up to our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

As it seeks to pull off what could the largest initial public offering of the year, Arm Holdings

By Lisa Pauline Mattackal and Medha Singh America's mom and pop bitcoin buffs have a shiny new derivatives

A hotly anticipated IPO for a company that designs chips for 99% of the world's smartphones is just around the corner, after it filed paperwork Monday to go public.