Google has been fined AUS$55m in Australia for engaging in anti-competitive agreements with major telecom companies, which restricted competition from rival search engines. Meta is reorganizing its AI operations for the fourth time in six months, indicating significant strategic changes and focus on artificial general intelligence. Meanwhile, the EU and US face delays in finalizing a joint trade statement due to disagreements over digital regulations, impacting their collaborative efforts in the digital market space.
Google has agreed to pay a fine of AUS$55m in Australia after regulators ruled the company struck anti-competitive deals with major telecom operators, significantly impacting competition.
Meta is preparing its fourth shake-up of artificial intelligence operations in six months, splitting its new AI division into multiple teams, reflecting the push for artificial general intelligence.
The European Union and the United States are struggling to finalize a joint trade statement, with disagreements over digital regulation stalling the process and impacting cooperation.
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