OpenAI CEO’s threat to quit EU draws lawmaker backlash
By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) -For months, Sam Altman, CEO of Microsoft-backed OpenAI has urged lawmakers around…
2023
Canada to launch probe into OpenAI over privacy concerns
(Reuters) – Canadian privacy regulators are launching a joint investigation into ChatGPT-parent OpenAI’s data collection and usage, becoming the latest…
Analysis-Turkish lira’s long decline a symbol of strife
By Marc Jones and Nevzat Devranoglu LONDON/ANKARA (Reuters) – As Turkey’s lira hit a record low ahead of the country’s…
As US credit risk looms, former S&P officials see 2011 downgrade as vindicated
By Pete Schroeder WASHINGTON (Reuters) -As the United States stares at the risk of a credit downgrade, former Standard &…
Mexican economy grew for sixth consecutive quarter in Q1
(Reuters) – Mexico’s economy grew for the sixth quarter in a row in the first quarter, data from Latin America’s…
US core capital goods orders unexpectedly rebound in April
WASHINGTON (Reuters) – New orders for key U.S.-manufactured capital goods unexpectedly rebounded in April, raising cautious optimism that business spending…
Pinduoduo owner PDD rides discount wave to beat revenue estimates
By Chavi Mehta and Casey Hall (Reuters) – PDD Holdings Inc beat analysts’ estimates for first-quarter revenue on Friday as…
US Consumer Spending Beats Expectations In April; Inflation Picks Up
WASHINGTON (Reuters – U.S. consumer spending increased more than expected in April, boosting the economy’s growth prospects for the second…
Tipster on Ericsson won SEC’s largest ever whistleblower award of $279 million -WSJ
(Reuters) -The record $279 million whistleblower award issued by the U.S. Securities and Exchange Commission earlier this month stemmed from…
Brahman Capital shuts hedge fund as profits dry up – Bloomberg News
(Reuters) – New York-based investment management company Brahman Capital Corp is closing one of its equity hedge fund and returning…