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The Week in Consumer Tech: Alphabet, Apple, and AI

14 July, 2024 | 3 Min Read

tickers: MSFT, GOOG

source: Benzinga

tickers affected by this

tickerpolaritywhy?
MSFTpositivelyThe positive price actions for Microsoft (MSFT) can be attributed to the company’s strategic moves in the gaming industry with the Xbox Game Pass subscription service, as well as its global presence and diverse product offerings, including its operating systems and productivity software.
GOOGpositivelyGoogle, a subsidiary of Alphabet Inc., will benefit from its collaboration with Samsung Electronics Co. on their new AI-integrated smartphone line, as it expands its AI capabilities and reaches a wider audience. This positive development, along with Google’s ongoing focus on cybersecurity, positions the company for continued growth and success.

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summary

DOJ Disrupts Russian Disinformation Campaign; China Leads in AI Adoption

The Department of Justice announced its disruption of a Russian disinformation campaign, while a survey reveals China’s lead in generative AI adoption.

The Department of Justice (DOJ) recently announced that it had successfully disrupted a Russian disinformation campaign backed by the Kremlin and managed by state-controlled media. This campaign aimed to spread pro-Russian propaganda and disinformation regarding the ongoing conflict in Ukraine. In other news, a recent survey conducted by SAS and Coleman Parkes Research reveals that China has emerged as the global leader in the adoption of generative AI. The survey included responses from 1,600 decision-makers across various industries worldwide, showing an impressive 83% of Chinese respondents currently utilizing generative AI.

Microsoft’s Xbox Game Pass Subscription Service to Increase Prices

Microsoft has announced significant changes to its Xbox Game Pass subscription service. The tech giant will be increasing prices and restructuring its tiers, offering users a variety of options to access games and online multiplayer features.

Apple Inc.’s Latest Updates and Developments

Apple Inc. has released its iOS 18 beta 3 update, introducing the “InSight” feature on Apple TV+ and dark mode icons. The company is also reportedly developing a new version of its Watch SE with a plastic casing to cut costs. Additionally, Apple’s highly anticipated Siri upgrade, powered by new AI technology, is now expected to arrive in 2025. In compliance with a directive from Russia’s internet and mass media watchdog, Apple has removed 25 VPN applications from its App Store. Furthermore, rumors suggest that the upcoming iPhone 16 series may feature a significant upgrade in charging capabilities, allowing for a 40W power intake.

Telecom Giants Nippon Telegraph and KDDI Corp. to Build High-Speed Wireless Networks

Japanese telecommunications giants Nippon Telegraph and KDDI Corp. are planning to build high-speed wireless networks in the stratosphere, connecting the Earth and the moon. This ambitious project aims to expand their businesses and cater to the growing demand for reliable and fast connectivity.

Samsung Electronics Co. Integrates Smartphones with Artificial Intelligence

Samsung Electronics Co. has unveiled a new phone line in collaboration with Alphabet Inc., marking the beginning of its smartphone and artificial intelligence integration. However, Samsung is currently facing an indefinite strike by workers over a pay dispute, which could impact global tech production.

Microsoft Bans Android Devices for Employees in China

Microsoft has reportedly instructed its employees in China to use Apple iPhones for work, effectively banning Android-powered devices. This decision may be due to security concerns or strategic business alliances.

Elon Musk and X Corp. News

Elon Musk has confirmed that private messages on X, formerly Twitter, are not encrypted by default. This revelation comes after Musk’s criticism of Meta Platforms Inc.’s WhatsApp, which he branded as “spyware.” Additionally, X Corp., backed by Musk, has successfully defended a lawsuit seeking $500 million in severance pay for employees laid off after the acquisition of the social media platform in 2022.

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