Amazon.Com, Inc (NASDAQ: AMZN) tapped a De Beers Group division to grow artificial diamonds to help revolutionize computer networks. De Beers’s Element Six division will work on the project with Amazon Web Services’ Center for Quantum Networking, a unit seeking next-generation ways to transmit data securely over longer distances, Bloomberg reports. Quantum networking uses subatomic matter to deliver data in a way that goes beyond today’s fiber-optic systems. The diamonds would be part of a compo Read More...
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Apple faces special antitrust abuse regime in Germany
Germany’s antitrust authority has today confirmed Apple meets its test for special abuse controls — having so-called “paramount significance for competition across markets”. “The company holds a dominant, or at least powerful, position on all vertically related levels based on its smartphones, tablets and smart watches as well as proprietary operating systems and the App Store, the only digital distribution platform for apps and other software products available to both app publishers and users on Apple devices,” it wrote in a press release. It’s the latest designation from the Federal Cartel Office (FCO) which has already deemed Amazon, Google and Meta (Facebook) meet the market power test.
