Google parent Alphabet's Q1 profits beat estimates: company
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Senate passes bill banning TikTok if parent company does not sell it
Bill gives app owner, ByteDance, a year to divest, and while Biden is expected to sign it, the company plans to fight itThe Senate voted Tuesday to pass a bill that will either ban TikTok or force a sale of the short-form video app, giving its China-based parent company ByteDance up to one year to divest its crown jewel before facing deletion from US app stores.The vote was a landslide, with 79 senators voting in favor and 18 against. The bill passed in the House on Saturday by a margin of 360...
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Apple Acquires French AI Company Specializing in On-Device Processing
Apple has acquired the Paris-based artificial intelligence startup Datakalab amid its push to deliver on-device AI tools. Datakalab specializes in algorithm compression and embedded AI systems. The acquisition, finalized on December 17 last year, was quietly conducted but noted in a European Commission filing spotted by French publication Challenges (via iPhoneSoft). While the financial details of the transaction remain undisclosed, the move is almost certainly part of Apple's broader...
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SAMEDAY Voices Intention to Acquire Hungarian Courier Company Sprinter
As part of the strategy to expand the delivery infrastructure in the region, SAMEDAY announces its intention to take over the fast courier company Sprinter from Hungary. Thus, following the potential acquisition, SAMEDAY will expand its out of home infrastructure in Hungary by 60% by taking over the 450 delivery points owned by the Hungarian […]