Key Business News

Meta halts teens’ access to AI characters globally

Jan 23 (Reuters) – Meta Platforms (META.O), opens new tab said on Friday it will suspend teenagers’ access to its existing AI characters across all of its apps worldwide, as it builds an updated iteration of those for teen users. “Starting in the coming weeks, teens will no longer be able to access AI characters across our apps […]

Meta halts teens’ access to AI characters globally Read More »

Trump’s greenlight for Nvidia AI chips to China draws fire from lawmakers, former officials

WASHINGTON, Jan 14 (Reuters) – U.S. lawmakers and former officials on Wednesday questioned President Donald Trump’s decision to allow Nvidia to sell its second most powerful AI chips in China, arguing the move erodes America’s AI edge and threatens to electrify Beijing’s military. The Trump administration on Tuesday gave a formal green light to China-bound sales of Nvidia’s NVDA.OH200

Trump’s greenlight for Nvidia AI chips to China draws fire from lawmakers, former officials Read More »

Publishers seek to join lawsuit against Google over AI training

Jan 15 (Reuters) – Publishers Hachette Book Group and Cengage Group (CNGO.PK), opens new tab asked a California federal court on Thursday for permission to intervene in a proposed class action lawsuit against Google (GOOGL.O), opens new tab over the alleged misuse of copyrighted material used to train its artificial intelligence systems.   The publishers said in their proposed complaint,

Publishers seek to join lawsuit against Google over AI training Read More »

Intel shares jump as investments, cost cuts catapult turnaround efforts

Oct 24 (Reuters) – Intel (INTC.O), opens new tab shares surged as much as 7.8% in early trading on Friday, hitting an 18-month high, as investors rallied behind CEO Lip-Bu Tan’s aggressive cost-cutting measures that helped the chipmaker surpass quarterly profit estimates and regain stability amid a flurry of high-stakes bets on future growth.   The results mark a

Intel shares jump as investments, cost cuts catapult turnaround efforts Read More »

Bank of England Warns Global Trade Architecture Is Being “Blown Up”

Senior Official Cautions Against Economic Fragmentation Amid Rising Tariff Wars A top official at the Bank of England has issued a stark warning that the global trade system is breaking down, describing recent developments as a “blowing up of the architecture that has underpinned global commerce since World War II.” The comments come amid escalating

Bank of England Warns Global Trade Architecture Is Being “Blown Up” Read More »

India’s Tata Group to Launch World’s Largest Battery Storage Factory

$13 Billion Investment to Position India as Global Leader in Clean Energy Storage India’s Tata Group has announced plans to build the world’s largest battery energy storage facility, committing over $13 billion to a new giga-complex aimed at transforming the country’s clean energy capabilities and supporting its transition away from fossil fuels. The project, to

India’s Tata Group to Launch World’s Largest Battery Storage Factory Read More »

Trump Freezes Military Aid to Ukraine, Sending Shockwaves Through NATO

Abrupt Halt Raises Concerns Over U.S. Foreign Policy Stability In a move that has stunned NATO allies and reignited debate over U.S. commitments abroad, former President Donald Trump has announced an indefinite freeze on military aid to Ukraine. The decision, made without prior consultation with European partners or Congress, has raised fears of a broader

Trump Freezes Military Aid to Ukraine, Sending Shockwaves Through NATO Read More »

Colossal Biosciences Unveils Breakthrough in Artificial Womb Technology for Marsupials

Genetic Engineering Firm Advances Synthetic Gestation with Real-World Conservation Potential Colossal Biosciences, the biotech firm best known for its ambition to “de-extinct” the woolly mammoth, has revealed a major scientific breakthrough: the successful development of a functioning artificial womb prototype for marsupials. The innovation could not only transform wildlife conservation but also reshape the future

Colossal Biosciences Unveils Breakthrough in Artificial Womb Technology for Marsupials Read More »