June 9 (Reuters) – Daily U.S. sign-ups for Netflix (NFLX.O) have jumped in the first few days after the streaming giant’s password-sharing crackdown came into effect on May 23, data from research firm Antenna showed. The news sent shares of the company up 2.3% to $418.92 in early trading. Looking for new ways to make… Continue reading Untitled
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LONDON, June 9 (Reuters) – “Call of Duty” maker Activision Blizzard (ATVI.O) has been given permission to intervene in Microsoft’s (MSFT.O) legal battle with Britain’s anti-trust regulator over its decision to block the $69 billion takeover. Microsoft is appealing against the Competition and Markets Authority’s (CMA) decision to veto the deal, which it did in… Continue reading Untitled
Tesla shares jump on EV charging tie-up with GM
June 9 (Reuters) – Tesla (TSLA.O) shares jumped 5% on Friday on expectations that its electric-vehicle charging system would become an industry standard after General Motors (GM.N) joined cross-town rival Ford (F.N) in agreeing to use the Tesla Supercharger network. The Elon Musk-led automaker was on course for its eleventh straight session of gains, which… Continue reading Tesla shares jump on EV charging tie-up with GM
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[1/2] A newly installed car charger at a Tesla Super Charging station is shown in Carlsbad, California, U.S. September 14, 2018. REUTERS/Mike Blake June 8 (Reuters) – General Motors (GM.N) will join Ford (F.N) in adopting Tesla’s (TSLA.O) North American charging plug standard and give GM electric vehicle buyers access to the Tesla Supercharger network… Continue reading article with gallery
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WASHINGTON, June 8 (Reuters) – U.S. senators on Thursday introduced two separate bipartisan artificial intelligence bills on Thursday amid growing interest in addressing issues surrounding the technology. One would require the U.S. government to be transparent when using AI to interact with people and another would establish an office to determine if the United States… Continue reading Untitled
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June 8 (Reuters) – Cohere, an AI foundation model company that competes with Microsoft-backed OpenAI, said on Thursday it had raised $270 million in a funding round backed by Nvidia (NVDA.O), Oracle (ORCL.N) and Salesforce Ventures, among others. Foundation models are AI systems that are trained on large sets of data, with the ability to… Continue reading Untitled
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BRUSSELS, June 8 (Reuters) – The European Commission has approved 8.1 billion euros ($8.7 billion) of state aid for microelectronics and communication technology projects as part of the European Union’s drive to be at the cutting edge of technological innovation. The EU executive said on Thursday that 14 member countries could provide the aid to… Continue reading Untitled
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[1/2] Google, Microsoft and Alphabet logos and AI Artificial Intelligence words are seen in this illustration taken, May 4, 2023. REUTERS/Dado Ruvic/Illustration/ June 8 (Reuters) – Alphabet’s (GOOGL.O) Google and Microsoft (MSFT.O) are inserting ads into AI experiments without providing an option to opt out of participation, an approach that has already rankled some brands… Continue reading article with gallery
US luxury EV maker Lucid set to enter China market
[1/2] Arizona Governor Doug Ducey speaks at the Lucid Motors plant in Casa Grande, Arizona, U.S. September 28, 2021. REUTERS/Caitlin O’Hara SHANGHAI, June 8 (Reuters) – U.S. luxury electric vehicle (EV) maker Lucid Group (LCID.O) is preparing to enter the world’s largest auto market, its head of China operations Zhu Jiang said on Thursday. Lucid… Continue reading US luxury EV maker Lucid set to enter China market