News

ChatGPT Can Resume in Italy if Meets Data Watchdog’s Demands

Italy’s data protection agency set out a list of demands on Wednesday which it said OpenAI must meet by April 30 to address the agency’s concerns over the ChatGPT chatbot and allow the artificial intelligence service to resume in the country. Almost two weeks ago Microsoft Corp-backed OpenAI took ChatGPT offline in Italy after the […]

Apple in Talks With Suppliers to Make Macbooks in Thailand - Nikkei

Apple Inc is in talks with suppliers to make MacBooks in Thailand as part of the company’s ongoing efforts to expand its manufacturing presence beyond China, Nikkei reported on Thursday. Suppliers who are participating in these talks have existing manufacturing complexes in Thailand for other clients, and are discussing possible assembly and production of components […]

Dollar slides as US inflation slows, tech drags on Hong Kong

Asian stocks struggled on Thursday, dragged down by tech and property selling in Hong Kong, while the dollar was under pressure as softening U.S. inflation seemed to suggest the Federal Reserve’s rate hike cycle was nearing its end. Early in the Asia day the euro hit a 2-1/2 month top at $1.10. Investors are positive […]

Dollar Soft as Cooling US Inflation Brings End in Sight for Fed Rate Hikes

The dollar remained subdued in Asian trade on Thursday after weakening overnight as cooler-than-anticipated U.S. inflation data stoked expectations that the Federal Reserve’s monetary tightening will end next month with one last interest rate hike. The dollar index, which measures the currency against six major peers, slid 0.6% overnight and was threatening to touch a […]

S.Korea's top court tells Google to disclose user information sharing -report

South Korea’s top court on Thursday said Alphabet Inc’s Google should disclose whether the technology giant had shared local user information with third parties, news agency Yonhap reported, sending the case back to a lower court. The Supreme Court’s decision came after a group of four plaintiffs filed a lawsuit against Google and its South […]

Can AI answer your money questions? We put chatbots to the test

Face it, we could all use a little help with our money. So who better to ask for personal finance advice than a couple of the most powerful chatbots on the planet? Both OpenAI’s ChatGPT and Google’s Bard are dominating headlines recently, for their generative capabilities and vast storehouses of information. Each has far more […]

Apple Now Makes Almost 7% Of Its Iphones in India - Bloomberg News

Apple Inc has significantly increased its production of iPhones in India, accounting for almost 7% of its total iPhone production, up from 1% in 2021, Bloomberg News reported on Thursday. The company assembled more than $7 billion worth of iPhones in the country in the last fiscal year, the report said. Apple did not immediately […]

Emerson Electric to Buy National Instruments for $8.2 Billion to Deepen Automation Push

U.S. industrial conglomerate Emerson Electric Co on Wednesday agreed to buy National Instruments Corp for $8.2 billion, capping a nearly yearlong pursuit of the measurement equipment maker. The $60-per-share cash offer represents a premium of nearly 50% to National Instruments’ closing price on Jan. 12, the day before it announced a strategic review. Austin, Texas-based […]

Bankrupt Crypto Exchange FTX Has Recovered $7.3 Billion in Assets

Bankrupt crypto exchange FTX has recovered over $7.3 billion in cash and liquid crypto assets, an increase of more than $800 million since January, the company’s attorney said on Wednesday at a U.S. bankruptcy court hearing in Delaware. FTX attorney Andy Dietderich said the company is starting to think about its future after months of […]

US House Panel Subpoenas FTC for Twitter Probe Documents

The Republican-led U.S. House of Representatives Judiciary Committee has subpoenaed the Federal Trade Commission’s chair for documents related to the regulatory agency’s privacy probe of Twitter, the panel said on Wednesday. In a statement, the committee said its Chairman Jim Jordan and others had asked FTC Chair Lina Khan for information about the probe following […]