REINING IN BIG TECH'S BEHAVIORAL MANIPULATION
■ AI-SUMMARIZED FROM 1 SOURCE BELOW
Major technology platforms use algorithmic design to influence user behavior in ways users don't consciously choose. New scrutiny focuses on whether regulation should prevent these practices.
■ MORE FROM THE BIG TECH DESK
ServiceNow projects $30 billion in subscription revenue by 2030, driven by momentum in its artificial intelligence product portfolio. The cloud software company sees AI as a primary engine for scaling its business.
Investment and tech firm Long Lake will acquire American Express Global Business Travel (Amex GBT) for $6.3 billion. The deal centers on leveraging artificial intelligence to transform corporate travel operations.
Amazon is leveraging its massive logistics infrastructure to compete directly with FedEx, UPS, and DHL by offering shipping and fulfillment services to external companies through its new Amazon Supply Chain Services (ASCS).
Elon Musk has agreed to settle a Securities and Exchange Commission lawsuit over his 2022 Twitter acquisition for what regulators describe as a bargain. The SEC had alleged Musk failed to disclose his purchase of over $500 million in Twitter stock on time, causing investors at least $150 million in losses.