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EU to investigate Nvidia’s $54 bln ARM bid, says the deal may harm competition

EU antitrust regulators opened on Wednesday a four-month-long investigation into Nvidia’s $54 billion bid for British chip designer ARM, saying the deal could lead to higher prices, less choice, and reduced innovation. The European Commission said concessions offered by the world’s biggest maker of graphics and artificial intelligence (AI) chips …

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Facebook will fuel further unrest, whistleblower says

Facebook will fuel more violent unrest around the world because of the way its algorithms are designed to promote divisive content, whistleblower Frances Haugen told the British parliament on Monday. Haugen, a former product manager on Facebook’s civic misinformation team who has turned whistleblower, appeared before a parliamentary select committee …

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A New York Times journalist was targeted by Pegasus spyware linked to Saudi Arabia, according to report

New York Times reporter Ben Hubbard had his phone hacked on numerous occasions, and cybersecurity researchers say Saudi Arabia was to blame. The hackers reportedly used the notorious Israeli-made ‘Pegasus’ spyware. Hubbard, a reporter covering the Middle East, wrote on Sunday that a hacking attempt was first made on his …

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Facebook plans to change its name: Report

Social media giant Facebook Inc is planning to rebrand itself with a new name next week, The Verge reported on Tuesday, citing a source with direct knowledge of the matter. Facebook Chief Executive Officer Mark Zuckerberg plans to talk about the name change at the company’s annual Connect conference on …

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