Meta says a network fee is not the fix for European telecoms firms’ financial problems

BRUSSELS, March 23 (Reuters) – Meta Platforms (META.O) on Thursday voiced its strongest criticism to date of a push by EU telecoms operators to get Big Tech to foot some network cost, saying the plan is not the solution to their financial problems and it also ignores tech companies’ hefty investments. Deutsche Telekom (DTEGn.DE), Orange… Continue reading Meta says a network fee is not the fix for European telecoms firms’ financial problems

Ford sees $3 billion pretax loss in its EV business this year, article with image

March 23 (Reuters) – Ford Motor Co (F.N) expects its electric vehicle business unit to lose $3 billion this year, but remains on track to achieve a pretax margin of 8% by late 2026, the company said. The projected loss was revealed ahead of a mid-morning briefing for investors and analysts on Thursday to discuss… Continue reading Ford sees $3 billion pretax loss in its EV business this year, article with image

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March 23 (Reuters) – Advertisers are seeking any assurances from TikTok, the viral app that helped usher in a wave of short-form video across social media, as the Chinese-owned company again faces a potential ban in the U.S. over national security concerns. When TikTok’s Chief Executive Officer Shou Zi Chew testifies before Congress for the… Continue reading Untitled

Technologycategory

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

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LONDON, March 23 (Reuters) – A year of tests run by central banks in Italy, Malaysia and Singapore have spurred hopes for a global instant payments network accessible at the tap of a mobile phone. The ability to send money quickly and cheaply around the world has long been seen as something of a holy… Continue reading Untitled

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March 22 (Reuters) – The U.S. Securities and Exchange Commission (SEC) has threatened to sue Coinbase Global Inc (COIN.O) over some of the crypto exchange’s products, turning up the heat on the largely unregulated sector. Shares of Coinbase dropped nearly 13% to $67.33 in extended trading after the company said on Wednesday that the regulator… Continue reading Untitled

Legalcategory

–  U.S. law firm hiring slowed significantly in 2022, atleast for more junior lawyers at the biggest firms, according to a report by the NALP. –  Dechert hired Travers Smith’s investment fund group leader Sam Kay in its financial service and investment management practice in London.   –  Nearly all the major American bar associations… Continue reading Legalcategory

Technologycategory

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

ChatGPT-owner OpenAI fixes ‘significant issue’ exposing user chat titles, article with image

March 22 (Reuters) – ChatGPT-owner OpenAI said on Wednesday it had fixed a bug that caused a “significant issue” of a small set of users being able to see the titles of others’ conversation history with the viral chatbot. As a result of the fix, users will not be able to access their chat history… Continue reading ChatGPT-owner OpenAI fixes ‘significant issue’ exposing user chat titles, article with image

Gallery

NEW YORK, March 22 (Reuters) – The U.S. Securities and Exchange Commission on Wednesday charged Chinese cryptocurrency entrepreneur Justin Sun with fraud, and accused eight celebrities including actress Lindsay Lohan and rapper Soulja Boy with illegally promoting his crypto assets. Sun and his companies Tron Foundation, BitTorrent Foundation and Rainberry were accused of having since… Continue reading Gallery