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OpenAI asks US judge to dismiss Apple’s trade secrets case
Aug 5 : OpenAI asked a U.S. judge on Wednesday to dismiss Apple’s lawsuit accusing it and two former Apple employees of misappropriating the iPhone maker’s trade secrets to benefit the ChatGPT maker’s foray into consumer hardware.”OpenAI has no use, need or desire for Apple’s trade secrets. OpenAI is buildin
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Blue Origin zeroes in on rocket engine issue as source of New Glenn explosion
WASHINGTON, Aug 5 : A massive explosion of Blue Origin’s centerpiece New Glenn rocket in May was triggered by an issue with one of the rocket’s BE-4 engines, the company’s CEO said on Wednesday as it races to return the vehicle to flight later this year.”The anomaly originated at the main oxygen valve on one
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Alcaraz withdraws from Cincinnati event as doubts grow over US Open defence
Aug 4 : Carlos Alcaraz has pulled out of the Cincinnati Open due to an ongoing wrist injury, organisers said on Tuesday, casting fresh doubts over the Spaniard’s fitness ahead of his U.S. Open title defence this month.The seven-times Grand Slam champion has been sidelined since withdrawing from the Barcelona
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Trump advisers tell AI firms they will not safety-test open-weight models, sources say
WASHINGTON, Aug 4 : U.S. President Donald Trump’s administration on Tuesday told leading AI companies that it will not safety-test open-weight AI models, according to two sources familiar with the discussions.
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AI data-centre race builds $1 trillion lease burden for Big Tech
Aug 4 : Microsoft Corp, Meta Platforms Inc, Oracle Corp, Amazon and Alphabet have committed about $1.09 trillion in future payments under leases that have not yet begun, mostly for data centres needed to power the artificial intelligence boom.The commitments show that a substantial part of Big Tech’s AI spend
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Exclusive-Shein seeks $30-$40 billion valuation for August Hong Kong IPO, sources say
LONDON/HONG KONG, Aug 4 : Shein is seeking a valuation of $30 billion to $40 billion in a Hong Kong initial public offering (IPO) that the online fast-fashion retailer plans to launch as early as mid-August, three people familiar with the matter said.Shein started pre-deal investor meetings last week, one per
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Right time for me to step away, says Howe after Newcastle exit
July 31 : Newcastle United manager Eddie Howe said it was the right time to leave his position after the Premier League club announced on Friday that he had stepped down, bringing an end to his five-year tenure as manager.The 48-year-old oversaw one of the most successful periods in Newcastle’s recent history
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Chelsea’s Mudryk free to play after agreement cuts doping ban
July 31 : Chelsea winger Mykhailo Mudryk can return to competition immediately after the English FA resolved the anti-doping disciplinary proceedings against the Ukrainian in agreement with the World Anti-Doping Agency, the governing body said on Friday.Ukraine international Mudryk, who returned an adverse an
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Japan’s price expert predicts BOJ shift to more aggressive inflation fighting posture
TOKYO, July 30 : The Bank of Japan may shift to an inflation fighting posture from inflation tolerance as soon as December, which would mean an acceleration in rate hikes, said Tsutomu Watanabe, a former central bank official known as an expert on price trends.Japan is experiencing a third wave of inflation c
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FIFA plans to sell stakes in $20 billion subsidiary to run World Cup, angering UEFA
July 28 : FIFA said on Tuesday it plans to create a $20 billion subsidiary to run the World Cup and its other events and will offer stakes of up to 20 per cent in it to external investors, a move that provoked a furious response from UEFA, who accused world soccer’s governing body of…
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