Inkhabar webdesk

(Reuters) -Meta is cutting roughly 600 positions out of the several thousand roles within its Superintelligence Labs artificial intelligence unit, Axios reported on Wednesday. (Reporting by Jaspreet Singh in Bengaluru; Editing by Shilpi Majumdar)

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By Foo Yun Chee BRUSSELS (Reuters) -Apple was hit with a complaint to EU antitrust regulators by two civil rights groups on Wednesday over the terms and conditions of its App Store and devices for allegedly breaching landmark rules aimed at reining in Big Tech. The joint complaint by Article 19 and Germany's Society for Civil Rights to the European Commission could pose yet another headache for Apple, which was fined 500 million euros ($583 million) in April for violating the Digital Markets Act. Apple did not immediately respond to a request for comment. The EU executive, which acts as the bloc's competition enforcer, did not have any immediate comment. The complaint, not previously reported, was shared with Reuters ahead of its publication. The DMA sets out a list of dos and don'ts for Big Tech firms aimed at allowing smaller rivals into markets dominated by the largest companies and giving users more choice. The complaint targets Apple's business terms and conditions for its App Store, iOS and iPadOS operating systems, saying that these prevent and impede interoperability for small businesses with Apple devices. It also takes aim at restrictions on the installation and use of third-party software apps and app stores which it said harm business users and end users in breach of the DMA. The civil rights groups singled out a stand-by letter of credit (SBLC) of 1 million euros required from developers who want to develop apps for distribution in Apple's App Store or who want to install a third-party app store as a native app in Apple's iOS and iPadOS. "A 1,000,000 euro SBLC can impose a recurring annual cost and collateral requirements that many SMEs cannot meet," said the 16-page complaint seen by Reuters. The groups urged the Commission to fine Apple. DMA penalties can be as much as 10% of a company's global annual revenue. ($1 = 0.8575 euros) (Reporting by Foo Yun Chee; Editing by Joe Bavier, Kirsten Donovan)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

BRUSSELS (Reuters) -Apple was hit with a complaint to EU antitrust regulators by two civil rights groups on Wednesday over the terms and conditions of its App Store and devices for allegedly breaching landmark rules aimed at reining in Big Tech. The joint complaint by Article 19 and Germany's Society for Civil Rights to the European Commission could pose yet another headache for Apple, which was fined 500 million euros ($583 million) in April for violating the Digital Markets Act. Apple did not immediately respond to a request for comment. ($1 = 0.8575 euros) (Reporting by Foo Yun Chee; Editing by Joe Bavier)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

(Corrects day of release in first paragraph) By Akash Sriram and Abhirup Roy (Reuters) -Tesla is expected to post a surge in third-quarter results later on Wednesday, thanks to U.S. buyers rushing to take advantage of an expiring $7,500 federal electric vehicle tax credit. But investors and analysts may be more focused on Chief Executive Elon Musk's outlook, including whether new, cheaper versions of its Model 3 and Model Y Tesla can keep U.S. customers buying and attract new ones in Europe and Asia.  The new trims – called Standard – are $5,000 to $5,500 cheaper than their predecessors as Tesla shrunk the battery, switched to a less-powerful motor and stripped out a myriad of features – from rear touchscreens to seat-back pockets. The company also temporarily has slashed lease prices on the higher-priced Premium versions. The cheaper Standard variants as well as Tesla's offers and discounts to stave off competition globally throughout the year have pressured the company's once-enviable margins, worrying investors. Sales of Tesla's aging lineup declined for the first time last year and analysts expect an 8.5% fall this year, in part because of Musk's far-right political rhetoric. ROBOTAXIS ROLLOUT UPDATE Musk also will be expected to update on robotaxis, the project that he sees as the key to Tesla's next stage of growth. Musk has said Tesla's robotaxis will serve half the population of the U.S. by year-end. "What are the relevant metrics – fleet size, cumulative miles, and territories – you expect in Q4 and 2026?" was the top question for the CEO in a note by analysts at Cantor Fitzgerald on Tuesday.  While Musk has pivoted Tesla's focus to robotics and artificial intelligence and much of the company's $1.4 trillion valuation hangs on that bet, most of its current revenue and profit comes from vehicle sales.  Analysts expect Tesla to report a revenue of $26.24 billion in the quarter ended September, up 4.2% from a year earlier, according to data compiled by LSEG. Tesla also will report on whether regulatory credits that it sold to makers of gasoline-powered cars to satisfy pollution standards have faded away after policy changes by the Trump administration. Automotive gross margin, excluding regulatory credits, is estimated to be 15.6%, according to 19 analysts polled by Visible Alpha. That is lower than 17.05%, a year earlier. (Reporting by Akash Sriram in Bengaluru and Abhirup Roy in San Francisco; editing by Peter Henderson and Stephen Coates)

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BAGHDAD (Reuters) -Iraq has banned U.S. user-generated videogame platform Roblox due to concerns over child safety, the government said, joining other countries in cracking down on virtual worlds. The government said late on Sunday that the ban was motivated by concerns that the game allowed direct communication between users in ways that exposed children and adolescents to attempts of exploitation or cyber-extortion, and that its content was "incompatible with social values and traditions". Roblox Corp said safety was its top priority and it wanted to work with the government to restore access. "We strongly contest recent claims made by the Iraqi authorities, which we believe to be based on an outdated understanding of our platform," a Roblox spokesperson said. Earlier this year, Roblox temporarily suspended certain communication features such as in-game chat for users in Arabic speaking countries, including Iraq, the spokesperson added. The Iraqi communications ministry said the nationwide ban was based on a comprehensive study and field monitoring which found that "the game involves several security, social, and behavioural risks". The move places Iraq among several Middle East countries tightening regulation of online gaming and interactive platforms over child safety and moral concerns. Turkey blocked access to Roblox in August 2024, also citing child abuse risks. (Reporting by Ahmed Rasheed, Alexandra Hudson; Editing by Muvija M and Alison Williams)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)