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Posted on • Originally published at reuters.com

Tech Spotlight: Daily Tech News

  • The EU fined Meta €91 million ($101.5 million) for accidentally storing some users' passwords in plaintext, though no external parties accessed them, according to Ireland's DPC.

  • OpenAI Chair Bret Taylor stated that the board has considered compensating CEO Sam Altman with equity, but no decision or specific figures have been finalized yet.

  • Intel is likely to receive $8.5 billion in U.S. government funding by year-end, though the deal's finalization could extend into 2024, per sources.

  • Britain's Competition and Markets Authority decided not to further investigate Amazon's $4 billion AI partnership with Anthropic, citing no competition concerns under UK merger regulations.

  • Microsoft announced a $2.7 billion (14.7 billion reais) investment over three years to strengthen cloud infrastructure and AI capabilities in Brazil, Latin America's largest economy.

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