Business

Google, Facebook, coordinated antitrust response: report

Google and Facebook worked together to help fend off an antitrust investigation into the two tech giants which dominate digital advertising, according to a media report citing a draft of a state lawsuit.

Security

White House offers prize money for hacker-thwarting AI

The White House on Wednesday launched a competition offering millions of dollars in prize money for creating new artificial intelligence systems that can defend critical software from hackers.

Business

Australian regulator delays decision on Google-Fitbit merger

Australia's competition regulator on Tuesday delayed for three months its decision on Google's plan to buy fitness gadget maker Fitbit for $2.1 billion despite the European Union giving conditional approval to the deal.

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Competition

Competition is a contest between individuals, groups, animals, etc. for territory, a niche, or a location of resources. It arises whenever two and only two strive for a goal which cannot be shared. Competition occurs naturally between living organisms which co-exist in the same environment. For example, animals compete over water supplies, food, mates, and other biological resources. Humans compete for water, food, and mates, though when these needs are met deep rivalries often arise over the pursuit of wealth, prestige, and fame. Business is often associated with competition as most companies are in competition with at least one other firm over the same group of customers.

This text uses material from Wikipedia, licensed under CC BY-SA