Companies Law Firms June 16 (Reuters) – Alphabet’s Google (GOOGL.O) on Friday sued a Los Angeles man and his companies in San Jose, California federal court, claiming he created hundreds of fake business listings on its platforms and sold them to real businesses to lure in unsuspecting customers. Fake reviews have been a recurring problem… Continue reading Untitled
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Electric-vehicle startups set to extend blistering rally
[1/2] Lordstown’s logo is pictured on a smartphone in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration/File Photo June 16 (Reuters) – Electric-vehicle startups from Nikola (NKLA.O) to Lordstown Motors (RIDE.O) were set on Friday to extend a blistering rally in their shares that has put the cash-strapped companies on track for hefty weekly gains.… Continue reading Electric-vehicle startups set to extend blistering rally
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NEW YORK, June 16 (Reuters) – Publisher Gannett plans to include generative artificial intelligence in the system it uses to publish stories as it and other news organizations begin to roll out the popular technology that may help save money and improve efficiency. But the largest U.S. newspaper publisher with over 200 daily outlets said… Continue reading Untitled
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SINGAPORE/BANGKOK, June 16 (Reuters) – Southeast Asian countries are drawing up governance and ethics guidelines for artificial intelligence (AI) that will impose “guardrails” on the booming technology, five officials with direct knowledge of the matter told Reuters. Regulators across the world are rushing to draft regulations to govern the use of generative AI, which can… Continue reading Untitled
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Volkswagen to face investor grilling on China, costs at capital markets day
June 16 (Reuters) – Volkswagen (VOWG_p.DE) will face investors hungry for answers at its capital markets day next Wednesday on how it will achieve high cost-cutting targets and whether it will heed their calls for an independent audit of its co-owned Xinjiang plant. Pressure is high after a turbulent shareholder meeting in May where activists… Continue reading Volkswagen to face investor grilling on China, costs at capital markets day
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HONG KONG, June 16 (Reuters) – Chinese electric vehicle maker Xpeng Inc (9868.HK) on Thursday expanded its self-driving capability to Beijing as part of the automaker’s expanded launch of City NGP (Navigation Guided Pilot) across the mainland. City NGP is now available in Guangzhou, Shenzhen, Shanghai and Beijing, with plans to expand it to dozens… Continue reading Untitled
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NEW YORK, June 15 (Reuters) – Microsoft Corp (MSFT.O) shares are on course for a new record high close on Thursday as market optimism about the prospects of artificial intelligence (AI) has helped buoy the technology giant to a valuation of nearly $2.6 trillion. Microsoft is seen as a leader in the adoption of AI… Continue reading Untitled
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Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source
Ford, GM see strong US consumer demand for vehicles
June 15 (Reuters) – New vehicle demand from U.S. retail and commercial customers is outpacing expectations, two top Detroit auto executives said on Thursday. Their positive comments underscored an upbeat report by the U.S. Commerce Department that showed U.S. retail sales unexpectedly rose in May as consumers bought more motor vehicles and a range of… Continue reading Ford, GM see strong US consumer demand for vehicles