Tag: tech
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Google defeats US bid to force ad tech sale
Sept 2 : Alphabet’s Google escaped a breakup of its advertising technology business on Wednesday, when a judge in Virginia rejected U.S. antitrust enforcers’ bid to force a sale of Google’s online advertising exchange.While the ad exchange is a small part of Google’s business, the ruling is the second powerfu
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US tech firms may crowd out others in euro bond market and raise credit risk
FRANKFURT, Sept 2 : U.S. tech giants are flooding the euro zone bond market to fund huge AI investments, potentially crowding out other borrowers, pushing up financing costs even for governments and raising credit risks, according to a European Central Bank blog post.Tech firms such as Google, Amazon and Micr
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Commentary: Welcome to the ‘don’t ask, don’t tell’ AI economy
A don’t-ask-don’t-tell economy seems to be driving the next tech revolution and that should make us all wary of what happens in the dark, says Bloomberg Opinion’s Catherine Thorbecke.
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A new frontier in tech competition? The robot race
A Chinese humanoid robot beat human athlete Usain Bolt’s record at the World Humanoid Robot Games. Last year, the same company’s robot was a lot slower. What is at stake in this tech race?
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Trump’s tech ties come under bipartisan fire after AI agents go rogue
WASHINGTON, Aug 6 : In a rare show of bipartisanship, Democrats and Donald Trump’s conservative supporters both blame the president’s ties to the tech industry for his administration’s limited response to recent hacks carried out by OpenAI and Anthropic’s AI agents.Two weeks have passed since OpenAI shocked t
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Trump’s tech ties blamed for AI inaction by MAGA Republicans and Democrats
WASHINGTON, Aug 6 : In a rare show of bipartisanship, Democrats and Donald Trump’s conservative supporters both blame the president’s ties to the tech industry for his administration’s limited response to recent hacks carried out by OpenAI and Anthropic’s AI agents.Two weeks have passed since OpenAI shocked t
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Asian stocks mostly down with tech firms back under pressure
HONG KONG: Most Asian markets sank on Thursday (Aug 6) with tech firms back under pressure after a four-day rebound amid lingering AI worries, while oil rose even as Iran said it was finalising a deal with Oman over
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Rabobank to spend €2 billion in AI and tech as net profit stagnates
Aug 4 : Dutch bank Rabobank said it would invest €2 billion ($2.30 billion) over the next three years in data, tech and AI, as banks around the world step up their AI investments.• “Artificial intelligence, data and other new technologies will further transform the way we work. To take full advantage of t
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EU aims to build AI gigafactories of its own
The EU has unveiled a plan to raise state and private funds to hyperscale AI capabilities and gain independence from non-European governments. The plan calls for the construction of seven new sites across the bloc.
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Trump vows to investigate EU over fining of US tech companies
The US president says fines against Google, as well as Apple, Meta and Amazon, should be “entirely reversed.”
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