LONDON (Reuters) -Microsoft filed an appeal on Wednesday of Britain’s decision to block its $69 billion takeover of “Call of Duty” maker Activision Blizzard, a company spokesperson s[...]
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May 24, 2023
EU, Google to develop voluntary AI pact ahead of new AI rules, EU’s Breton says
By Foo Yun Chee BRUSSELS (Reuters) – Alphabet and the European Commission aim to develop an artificial intelligence (AI) pact involving European and non-European companies before rules are estab[...]
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Abbott, baby formula makers face FTC probe for potential collusion
(Reuters) -The U.S. Federal Trade Commission (FTC) is probing whether Abbott Laboratories and other companies that make baby formula colluded in bidding on state contracts, according to a document pos[...]
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OpenAI may leave the EU if regulations bite – CEO
LONDON (Reuters) – OpenAI CEO Sam Altman said on Wednesday the ChatGPT maker might consider leaving Europe if it could not comply with the upcoming artificial intelligence (AI) regulations by th[...]
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South Korea producer inflation slows to 27-month low in April
SEOUL (Reuters) – South Korea’s producer prices rose in April at the slowest pace in 27 months, as agricultural and utility prices fell, central bank data showed on Thursday. The Producer[...]
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Telecom servicer QualTek enters bankruptcy to cut $307 million debt
By Dietrich Knauth (Reuters) – Telecommunications and power contractor QualTek Services Inc filed for bankruptcy on Wednesday, armed with a restructuring deal that could slash $307 million of th[...]
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Dollar gains on resilient U.S. economy, flight to safety
By Herbert Lash NEW YORK (Reuters) -The dollar hit a fresh two-month high against a basket of peers on Wednesday, bolstered by recent signs of a resilient U.S. economy, while unease over U.S. debt cei[...]
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Stalled US debt talks, inflation woes hit stocks
By Lawrence White and Koh Gui Qing LONDON/NEW YORK (Reuters) -World stocks dropped on Wednesday as U.S. debt ceiling talks dragged on without resolution, stoking a general malaise in markets that saw[...]
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First Solar takes Toledo Solar to court over ‘false representation’
(Reuters) – First Solar Inc said on Wednesday it had filed a complaint against Toledo Solar in an Ohio district court over allegedly selling the company’s Asian-made panels as its own unde[...]
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