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March 31 (Reuters) – Apple Inc (AAPL.O) on Friday convinced a US appeals court to overturn a $502 million judgment for patent licensing company VirnetX Inc (VHC.N) in a long-running battle over internet privacy technology. The US Court of Appeals for the Federal Circuit said the verdict could not stand after the US Patent Trial … Read more
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WASHINGTON, March 31 (Reuters) – The US Treasury Department on Friday unveiled stricter electric vehicle tax rules that will reduce or eliminate tax credits on some zero-emission models but give buyers another two weeks before the new requirements take effect. The rules are designed to wean the United States from reliance on China for EV … Read more
WASHINGTON, March 30 (Reuters) – The technology ethics group Center for Artificial Intelligence and Digital Policy is asking the US Federal Trade Commission to stop OpenAI from releasing new commercial releases of GPT-4, which has puzzled some users and caused others suffering with his quick and humane responses to questions. In a complaint to the … Read more
March 30 (Reuters) – E-commerce firm JD.com Inc (9618.HK) plans to spin off its real estate and industrial units and list them on the Hong Kong stock exchange in deals worth $1 billion each , two people with direct knowledge said Friday. The plan marks the latest revamp in China’s technology sector after a sweeping … Read more
TOKYO, March 31 (Reuters) – Japan’s government said on Friday it plans to restrict exports of 23 types of semiconductor manufacturing equipment, aligning controls on technology trade with US pressure to boost China’s ability to make advanced chips. curb making. The trade and industry minister said in a press release that it will impose export … Read more
BRUSSELS, March 30 (Reuters) – Alphabet’s (GOOGL.O) Google Cloud has accused Microsoft (MSFT.O) of anti-competitive cloud computing practices and criticized upcoming deals with several European cloud vendors. license terms. In Google Cloud’s first public comments on Microsoft and its European deals, Vice President Amit Zavery told Reuters that the company has raised the issue with … Read more
SHANGHAI/HONG KONG, March 30 (Reuters) – Alibaba Group (9988.HK) said on Thursday it will try to monetize non-core assets and consider relinquishing control of some companies as the Chinese tech conglomerate reinvents itself after a regulatory crackdown that wiped out 70% of its stock. Daniel Zhang, CEO of the group, said breaking up the company … Read more
WASHINGTON, March 29 (Reuters) – Senate Energy Committee Chairman Joe Manchin said on Wednesday he could go to court after the US Treasury Department released guidelines on battery procurement for electric vehicle tax credits later this week. “If it goes off the rails” and goes against the intent of climate legislation passed in August, “I … Read more
WASHINGTON, March 29 (Reuters) – The long-awaited guidance from the US Treasury Department regarding battery procurement requirements for electric vehicle tax credits expected by Friday will result in fewer vehicles receiving full or partial credits, a US official told Reuters. In December, the Treasury Department decided not to release its proposed battery procurement guidelines until … Read more
March 29 (Reuters) – Sportswear manufacturer Adidas AG (ADSGn.DE) turned down Wednesday 48 hours after the request to the US Trademark Office to reject a Black Lives Matter application for a trademark with three parallel stripes. “Adidas will withdraw its opposition to the Black Lives Matter Global Network Foundation’s trademark application as soon as possible,” … Read more