The World Bank issued a warning, stating that the requirement for poor countries to accelerate slowing economic growth has “changed dramatically” due to high borrowing
Category: WORLD NEWS
Capital One will acquire Discover for $35b, in a deal that will upset the US payments industry.
In a deal that would combine two of the country’s credit card businesses and perhaps upend the payments sector, which is primarily controlled by Visa
Tech giants see generative AI as a threat to democracy, sign accord to stop deepfakes.
Leading tech firms agreed on Friday to voluntarily take “reasonable precautions” to stop the use of artificial intelligence tools to rig national and international elections.
US to give Intel $10b in subsidies to build the world’s largest chip plant in Ohio.
The Biden administration is considering giving Intel Corp more than $10 billion in subsidies. A combination of loans and direct grants are probably part of
Microsoft is releasing four Xbox-exclusive titles on other companies’ platforms.
Several exclusive Xbox titles will soon be available on competing systems, the video game business and its parent, Microsoft, revealed on Thursday. Microsoft Gaming CEO
OpenAI unveils Sora, a new text-to-video generator from written prompts.
The creator of ChatGPT revealed on Thursday its next step towards generative AI with a program that can create short video instantaneously in response to
Japan enters a recession due to an aging population and loses spot as the third-largest economy in the world.
Japan’s economy shrank in the final quarter of 2023, lagging behind Germany to become the fourth largest in the world. According to Cabinet Office figures
The UK economy was dragged into recession by high inflation and interest rates.
For the first time since the coronavirus epidemic began, the British economy entered a recession at the end of 2023 as output declined more than
Artificial intelligence may get dangerous due to “societal misalignments,” OpenAI CEO warns.
The CEO of OpenAI, the company that makes ChatGPT, stated on Tuesday that the risks associated with AI keep him up at night and are
Diamondback Energy to acquire Endeavour in a $26b deal will create a drilling giant and climate threat.
In a deal for over $26 billion in cash and stock, Diamondback Energy will acquire rival Endeavour Energy Resources to establish a drilling behemoth in
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