(Reuters) -Apple ended Samsung Electronics’ 12-year run as the largest seller of smartphones in the world, after commanding a 20% market share in 2023, according to a report from International D[...]
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January 17, 2024
Exclusive-No default risk in event of Russian asset confiscation: Moody’s, S&P say
By Elena Fabrichnaya, Alexander Marrow and Darya Korsunskaya MOSCOW (Reuters) – Countries whose sovereign bonds were purchased by Russia would not be considered in default if Western governments[...]
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Yellen says US economic performance ‘vindicates’ pandemic-era spending
By David Lawder WASHINGTON (Reuters) -The U.S. Treasury Secretary Janet Yellen said on Wednesday the economy’s strong performance is evidence that the $1.9 trillion American Rescue Plan Act was[...]
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Samsung to embed Google’s generative AI tech in S24 smartphone series
(Reuters) – Samsung will deploy Google’s generative artificial intelligence technology in its Galaxy S24 series smartphones that were unveiled on Wednesday, the companies said. Under the m[...]
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Strong US holiday sales in 2023 underline consumer resilience
(Reuters) -U.S. consumers defied inflation to ring in a solid 2023 holiday shopping season, fueled by a strong appetite for beauty products, apparel and electronics that drove a 3.8% rise in sales, da[...]
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Higher penalties coming for export control violations -US Commerce official
By Karen Freifeld (Reuters) -The U.S. government will crack down on companies that violate export rules, with stiffer penalties to deter future violations involving countries like China, Russia and Ir[...]
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Google to tweak search results to comply with EU tech rules
By Foo Yun Chee BRUSSELS (Reuters) – Alphabet’s Google will tweak online search results to give comparison sites more prominence, the company said in a blogpost on Wednesday, as it outline[...]
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CNN boss plans to merge newsgathering ops, explores digital subscription model – WSJ
(Reuters) – CNN’s new CEO Mark Thompson plans to combine all newsgathering operations of the news network into one unit that would serve its television, streaming and digital platforms, th[...]
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AI buzzes Davos, but CEOs wrestle with how to make it pay
By Jeffrey Dastin DAVOS, Switzerland (Reuters) – Bright banners tout the promise of artificial intelligence along the main promenade of Davos, but executives at the World Economic Forum (WEF) sa[...]
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