BERLIN, May 4 (Reuters) – BMW (BMWG.DE) will not cut electric vehicle (EV) prices in China and may raise some car prices at a global level, to help weather the higher input costs of EV production, it said on Thursday following first quarter results. The carmaker reported a higher earnings margin for its cars segment,… Continue reading BMW stays cautious on outlook, says some car prices may rise
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LONDON, May 4 (Reuters) – Britain’s competition regulator said on Thursday it would start examining the impact of artificial intelligence on consumers, businesses and the economy and whether new controls were needed on technologies such as OpenAI’s ChatGPT. While research on AI has been going on for years, the sudden popularity of generative AI applications… Continue reading Untitled
Volkswagen revenue jumps on growth in Europe, North America
BERLIN, May 4 (Reuters) – Volkswagen (VOWG_p.DE) posted a 21.5% gain in first-quarter revenue on Thursday, boosted by higher prices and strong growth in Europe and North America, but operating profit declined from last year when the period benefited from commodity hedging. Revenue for the quarter was 76 billion euros ($84.22 billion). Operating profit fell… Continue reading Volkswagen revenue jumps on growth in Europe, North America
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WASHINGTON, May 3 (Reuters) – The U.S. Federal Trade Commission on Wednesday accused Meta’s (META.O) Facebook of misleading parents about protections for children and proposed tightening an existing agreement on privacy to include a ban on making money from minors’ data. Specifically, the FTC said Facebook misled parents about how much control they had over… Continue reading Untitled
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WASHINGTON, May 3 (Reuters) – Senate Majority Leader Chuck Schumer said senators will consider legislation to bolster the Biden administration’s ability to crackdown on popular video sharing app TikTok as they craft wide-ranging legislation to address Chinese threats. In March, Senators Mark Warner and John Thune joined by 24 other senators proposed the Restrict Act… Continue reading Untitled
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Technologycategory
Centene to divest AI platform Apixio Centene Corp will sell its artificial intelligence-powered healthcare analytics platform Apixio to investment firm New Mountain Capital as part of an ongoing portfolio review, the U.S. health insurer said on Wednesday. Go to Source
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May 3 (Reuters) – Facebook owner Meta (META.O) said on Wednesday it had uncovered malware purveyors leveraging public interest in ChatGPT to lure users into downloading malicious apps and browser extensions, likening the phenomenon to cryptocurrency scams. Since March, the social media giant has found around 10 malware families and more than 1,000 malicious links… Continue reading Untitled
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Centene to divest AI platform Apixio Centene Corp will sell its artificial intelligence-powered healthcare analytics platform Apixio to investment firm New Mountain Capital as part of an ongoing portfolio review, the U.S. health insurer said on Wednesday. Go to Source
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May 3 (Reuters) – Apple Inc (AAPL.O) will likely report a more than 4% drop in revenue, its second straight quarterly decline, weighed down by consumers shunning non-essential purchases such as iPhones and Mac computers and slowing growth at its services business. The results on Thursday from the world’s most valuable company will follow better-than-expected… Continue reading Untitled