ComputerWorld AI·
The UK’s competition regulator has launched a broad antitrust investigation into Microsoft’s business software ecosystem, opening a new front in growing regulatory scrutiny of how cloud platforms, productivity software, and embedded AI capabilities may affect competition in enterprise technology markets. UK’s Competition and Markets Authority (CMA) said in a statement that it had opened a Strategic Market Status (SMS) investigation into Microsoft’s business software operations under the country’s new digital markets regime. The regulator said it will assess whether Microsoft has “substantial and entrenched market power” and a “position of strategic significance” in business software markets. “The investigation will assess whether Microsoft is using its position in business software to limit competition in cloud services, cybersecurity, communications, and AI,” the regulator said in a statement. The case is the fourth strategic market status (SMS) investigation the regulator has opened
Read full articleMusk accuses OpenAI of hijacking his $38M “safe, open AI” nonprofit into a closed AGI cash machine for Altman and Microsoft; a jury now weighs trust, timing and power. In his closing for Musk, attorney Steven Molo told the nine‑person…
Over the past 25 years, Bengaluru, still popularly known as Bangalore, has transformed into India's Silicon Valley. The South Indian city of nearly 15 million people is now home to global tech giants including Apple, Microsoft, Intel, Adobe and Boeing, as well as thousands of startups. But this rapid development comes with environmental consequences. Our correspondents report.
The post BofA Exits GBP Trade As UK Political Uncertainty Deepens Sterling Selloff appeared on BitcoinEthereumNews.com. BofA Exits GBP Trade As UK Political Uncertainty Deepens Sterling Selloff Skip to content Home Forex News BofA Exits GBP Trade as UK Political Uncertainty Deepens Sterling Selloff Source: https://bitcoinworld.co.in/bofa-exits-gbp-trade-uk-political-uncertainty/
IREN closed a $3B convertible notes offering as the Bitcoin miner turned AI cloud firm funds growth after Nvidia and Microsoft deals.
The post Euro rallies above 0.8700 against the British Pound as UK political turmoil worsens appeared on BitcoinEthereumNews.com. The Euro (EUR) rallies for the second consecutive day against an ailing British Pound (GBP) on Friday, crushed by growing political uncertainty in the UK. The cross reached fresh five-week highs above 0.8720 earlier on the day and is heading for a 0.75% weekly appreciation, its best performance in the last eight months. Traders are selling the Pound across the board, following the resignation of the UK Health Secretary, Wes Streeting, the last of a series of resignations, following the disastrous Labour results at last week’s local elections. Streeting affirmed on Thursday that he “lost confidence” in UK Prime Minister Keir Starmer, which has increased his isolation. Starmer has pledged to remain in charge, but his position grows weaker by the minute. Calls to resign have been mounting, and some Labour lawmakers are moving to replace him, with the Mayor of G
An article from AI CERTs reporting on the Anthropic-SpaceX capacity arrangement caught my attention because it highlights a possibility the cloud market has been moving toward for years but has never fully embraced. The traditional assumption has always been simple: If you need elastic infrastructure at scale, you go to a hyperscaler such as AWS, Microsoft, or Google. They own the data centers, they understand multitenancy, and they know how to deliver computing as a repeatable service. The article suggests something different may now be emerging. Organizations with excess capacity may be able to act, at least temporarily, like cloud providers. This is a meaningful shift. If access to compute, power, and networking can be packaged and sold by enterprises, AI infrastructure operators, telecoms, colocation players, and perhaps even large private data center owners, then cloud computing becomes less about who invented the model and more about who has available capacity right now. In other
The post Pound Sterling slips through 1.35 as the Labour crisis tops a UK GDP beat appeared on BitcoinEthereumNews.com. GBP/USD fell 0.9% on Thursday, breaking below 1.3500 in a sharp staircase decline from session highs to a low close to 1.3395. The move extended a multi-week downtrend from the early-March peak, with bearish momentum building through the European afternoon. The daily candle closed near session lows. The Pound Sterling came under heavy pressure on Thursday as the political crisis around Prime Minister Keir Starmer deepened. After Labour’s heavy losses in the 7 May local elections, four cabinet ministers resigned this week, including Safeguarding Minister Jess Phillips, and close to 100 Labour MPs publicly called on Starmer to resign or set a departure timeline. Health Secretary Wes Streeting was reported to be weighing a leadership challenge, although Starmer remained defiant after 111 MPs signed a statement of support. Stronger UK data failed to lift the currency: Q1
The news follows growing calls from UK lawmakers and government officials to curb or temporarily ban crypto political donations in the country.
