FTC to Pause Microsoft Merger Trial, Opening Door to Settlement Talks
The US Federal Trade Commission paused its in-house trial against Microsoft Corp.’s $69 billion acquisition of Activision Blizzard
2023-07-21 05:48
OpenAI Backs Idea of Requiring Licenses for Advanced AI Systems
An internal policy memo drafted by OpenAI shows the company supports the idea of requiring government licenses from
2023-07-21 01:17
Tesla Sinks as Musk Warns of More Blows to Profitability
Tesla Inc. shares dropped in early trading after the carmaker warned of more hits to its already-shrinking profitability.
2023-07-20 16:27
Sequoia Shakes Up VC Team, Sheds Two Crypto Investors
Sequoia Capital, the world’s most prestigious venture capital firm, now looks very different than it did just a
2023-07-20 06:49
IBM Maintains Full-Year Sales Forecast, Easing Fears of Slowdown
International Business Machines Corp. maintained its full-year forecast of 3% to 5% sales growth, overcoming investor anxiety about
2023-07-20 06:24
South Korea’s LG Unveils AI Software for Use Across Its Units
South Korea’s LG Group introduced an upgraded version of its artificial intelligence software, and demonstrated how it can
2023-07-19 13:22
AT&T Says Less Than 10% of Its Network Has Lead Covered Cables
AT&T Inc. says less than 10% of its nationwide copper-wire telecom network has lead-clad cables, addressing investor concerns
2023-07-19 05:58
Microsoft’s New Corporate AI Products Will Come With A Hefty Price Tag
Microsoft Corp. said new corporate artificial intelligence tools that work with Office software, called Microsoft 365 Copilot, will
2023-07-18 23:51
Temu Accuses Fast Fashion Leader Shein of Bullying Suppliers
Chinese-owned online retailer Temu sued rival Shein in the US, alleging it violated antitrust laws by using threats
2023-07-18 10:28
Foxconn Founder Gou Urges Taiwan to Restart Talks With China
Foxconn Technology Group founder Terry Gou called for Taiwan and China to resume direct talks, while also criticizing
2023-07-18 10:25
SEC’s Gensler Warns AI Risks Financial Stability
Wall Street’s top regulator says the proliferation of artificial intelligence means governments will probably have to overhaul regulations
2023-07-18 01:24
Microsoft Clears Another Hurdle as Court Halts UK Veto Case
Microsoft Corp.’s once seemingly doomed $69 billion bid for Activision Blizzard Inc. gained more momentum on Monday after
2023-07-18 01:23