By Jody Godoy (Reuters) – The U.S. Department of Justice’s proposals to increase competition against Alphabet’s Google in online search could chill artificial intelligence investments, AI startup and Google partner Anthropic said on Friday. Requiring Google to give the DOJ advance notice of its proposed AI investments and partnerships would create a “significant disincentive” for…
(Reuters) -U.S. equity funds saw outflows for a fourth straight week through May 7, driven by uncertainties around trade tariffs and as investors awaited U.S.-China trade talks for more clues. Investors withdrew a net $16.22 billion from U.S. equity funds during the week, the largest weekly net sales since March 19, data from LSEG Lipper…
Top investors are buying this “unlisted” stock The $500B smartphone disruption is here and early investors can get 100% bonus shares. Details here: [adv] Top investors are buying this “unlisted” stock [sponsor] When the team that created Zillow and grew it to a $16B valuation starts a new company, investors notice. No wonder top firms…
(Reuters) -Apple is developing specialized chips that will power future devices including its first smart glasses, artificial intelligence servers and new MacBooks, Bloomberg News reported on Thursday. The iPhone-maker has made progress on the chip that it’s developing for smart glasses, the report said, citing people with knowledge of the matter. This indicates that Apple…
By Jonathan Stempel (Reuters) -Citigroup must face a revived lawsuit claiming it caused more than $1 billion of losses by orchestrating and concealing a vast fraud at the now-bankrupt Mexican oil and gas services company Oceanografia, a U.S. appeals court ruled on Thursday. A three-judge panel of the 11th U.S. Circuit Court of Appeals in…
WASHINGTON (Reuters) -Microsoft does not allow its employees to use an artificial intelligence app developed by Chinese AI startup Deepseek, due to concerns related to data vulnerability as well as Chinese propaganda, President Brad Smith said on Thursday. Speaking at a Senate hearing on winning the AI race with China, Smith said the company also…
By Tim Hepher and Mike Stone (Reuters) – A dogfight between Chinese-made Pakistani jets and French-made Indian Rafale fighters will be closely scrutinized by militaries seeking insights that could offer an edge in future conflicts. A Chinese-made Pakistani fighter plane shot down at least two Indian military aircraft on Wednesday, two U.S. officials told Reuters,…
DOGE Cuts Just Gutted Your Retirement The $500B smartphone disruption is here and early investors can get 100% bonus shares. Details here: [adv] DOGE Cuts Just Gutted Your Retirement [sponsor] As head of DOGE , Elon Musk is gutting Social Security from the inside out… calling it “the biggest Ponzi scheme of all time.” And now,…
(Reuters) -Netflix said on Wednesday it plans to revamp its TV app interface and introduce generative AI to the iOS mobile platform, allowing users to ask for content in natural and everyday language. The updates arrive as the streaming giant seeks to maintain and expand its market share amid growing uncertainties and concerns about a…
(Reuters) -Apple’s plan to revamp its Safari web browser by adding AI-powered search options is a big blow to Google, whose shares tumbled as the move could strike at the heart of its lucrative search advertising business. Apple executive Eddy Cue offered testimony at an antitrust case against Alphabet on Wednesday, saying the iPhone maker…
