In a product update that is closely watched as a gauge of whether generative AI is progressing quickly or plateauing, OpenAI unveiled the fifth iteration
Category: WORLD NEWS
The US expects $50 billion in tariff revenues per month as higher levies take effect.
As additional tariffs on imports from dozens of nations take effect, U.S. Commerce Secretary Howard Lutnick stated on Thursday that he anticipates the US will
Global M&A hits $2.6 trillion, the highest this year, driven by tariffs, AI, and the quest for growth.
As the anxiety brought on by U.S. tariffs has been overcome by a desire for expansion in corporate boardrooms and the influence of a boom
A UK Supreme Court ruling saves a multi-billion-pound consumer finance scandal.
In a move that is expected to allay bank concerns on a redress plan that some analysts had warned may cost tens of billions of
BigTech to share AI infrastructure costs, with Meta reclassifying $2 billion in assets as held-for-sale.
In a filing on Thursday, Meta Platforms revealed plans to sell $2 billion worth of data center assets as part of its ongoing efforts to
Trump calls on the Federal Reserve Board to strip Fed Chair Powell of all authority over the central bank.
On Friday, President Donald Trump criticized Fed Chair Jerome Powell for failing to lower short-term interest rates and called on the board of governors to
Microsoft’s annual cloud revenue reaches $75 billion, poised for a $4 trillion valuation.
Microsoft reported on Wednesday that its flagship Azure cloud computing platform generated over $75 billion in annual revenue, representing a 34% increase over the previous
Meta’s WhatsApp AI chatbot harms competition and locks users into the platform—Italian watchdog.
In response to claims that Meta Platforms misused its power by integrating its artificial intelligence tool on the messaging app WhatsApp, Italy’s antitrust body announced
The US and EU, representing 30% of global trade, avert a trade war with a 15% tariff deal.
By placing a 15% import duty on the majority of EU goods, which is half the feared rate, the U.S. and the European Union reached
Mexico’s antitrust watchdog accuses 21 banks of forming a cartel for price fixing.
In a document released by the government agency and obtained by reporters, Mexico’s antitrust watchdog COFECE concluded that 21 banks and financial organizations operating in
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