By Blake Brittain (Reuters) -The Biden administration’s U.S. solicitor general said Tuesday that the U.S. Supreme Court should not review a ruling won by Alphabet’s Google LLC against song-lyric website Genius over Google’s alleged copying of Genius’ lyric transcriptions. Solicitor General Elizabeth Prelogar said in a court brief that the justices should let stand the…
SARAJEVO (Reuters) – A higher court in Montenegro on Wednesday scrapped bail of 800,000 euros ($880,640) previously granted to Do Kwon, a cryptocurrency entrepreneur charged in the U.S. with a multibillion-dollar fraud, and his ally pending a trial. Do Kwon, a South Korean national, is the former CEO of South Korea-based Terraform Labs, the company…
By Andrea Shalal and Susan Heavey WASHINGTON (Reuters) – China’s move on Micron Technology Inc won’t torpedo larger efforts to get U.S.-China relations into better position, White House spokesman John Kirby said on Wednesday, adding that Washington was engaged directly with Beijing. Kirby told reporters the Chinese government’s recent ban on the U.S. chipmaker Micron…
By Tiyashi Datta (Reuters) – Florida Governor Ron DeSantis will announce on Wednesday he is entering the 2024 presidential race during a Twitter Spaces discussion with billionaire Elon Musk, the first time such an announcement will be made on social media. Musk and DeSantis will host the event on Twitter Spaces at 6 p.m. ET…
(Reuters) – An Accenture Plc unit said on Wednesday it had secured an up to $2.6 billion deal with the Internal Revenue Service (IRS) for modernizing the government tax agency’s systems. Accenture Federal Services said it had been awarded the contract for seven years, adding that it will have to compete for future orders to…
(Reuters) -Analog Devices Inc said on Wednesday that a turbulent economy would weigh on its third-quarter results, sending the chipmaker’s shares down nearly 8%. The company forecast third-quarter revenue of $3.10 billion, plus or minus $100 million, the midpoint of which was lower than analysts’ estimates of $3.16 billion, according to Refinitiv data. Analog Devices…
WASHINGTON (Reuters) -U.S. President Joe Biden has nominated Air Force Lieutenant General Timothy Haugh to head both the National Security Agency (NSA) and U.S. Cyber Command, a U.S. official said on Tuesday. The official confirmed a Politico report that cited an Air Force notice sent out Monday. Haugh is now the deputy commander of the…
By Philip Blenkinsop BRUSSELS (Reuters) – The European Union and the United States are set to step up cooperation on artificial intelligence with a view to establishing minimum standards before legislation enters force, the EU’s tech chief Margrethe Vestager said on Tuesday. The European Union’s AI Act could be the world’s first comprehensive legislation governing…
By Luc Cohen NEW YORK (Reuters) – A top U.S. regulator said on Tuesday there is no way to police all cryptocurrency fraud because there is so much, though her agency is working on several big cases. Christy Goldsmith Romero, one of five commissioners at the Commodity Futures Trading Commission (CFTC), said cryptocurrency cases account…
By Foo Yun Chee BRUSSELS (Reuters) – Meta Platforms suffered a setback on Wednesday as Europe’s second-top court ruled as legitimate the EU antitrust watchdog’s requests for information related to its investigation into Facebook’s data and online marketplace. A spokesperson for the U.S. tech giant, which had compared the European Commission to a fishing super…
