EU regulators may ease their rules against mobile telecoms mergers and broaden telecoms rules to get Big Tech and others to help fund the rollout of 5G, according to a European Commission document seen by Reuters.
Nvidia overtook Google-parent Alphabet’s stock market capitalization to become the third biggest U.S. company on Wednesday, days before the poster child of AI boom is due to report fourth-quarter results.
Google is setting up a new hub in France dedicated to the artificial intelligence (AI) sector, which will be inaugurated on Thursday, said a statement from the French Finance Ministry.
Elon Musk and the Tesla shareholder who won a verdict last month voiding the CEO’s $56 billion pay package will ask a judge to pause her ruling until an appeal is resolved, according to a Tuesday letter to the court from the shareholder’s attorney.
Wall Street gained some steam on Wednesday after a selloff in the prior session on a hot inflation report, while Nvidia topped Alphabet’s market value to become the third-most valuable U.S. company.
Israel-based contract chipmaker Tower Semiconductor posted a decline in its fourth-quarter revenue on Wednesday, hurt by uncertainty in demand from the automotive sector.
Companies need to ensure they are disclosing accurate information, especially if they are using artificial intelligence, the head of the U.S. Securities and Exchange Commission said on Wednesday after Lyft was forced to correct a major forecast error.
Four out of five influencers on social media fail to disclose commercial content they post is advertising as required under EU law, a European Union study released on Wednesday showed.
Uber Technologies said on Wednesday it would buy back up to $7 billion worth of company shares for the first time ever following a strong recovery in ride-share and healthy demand at its food delivery business.
The total value invested in bitcoin surpassed $1 trillion on Wednesday for the first time since November 2021 as inflows to U.S. spot bitcoin exchange traded funds continued to support prices.
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