By Sheila Dang (Reuters) – Alphabet’s Google said on Wednesday it is launching two new artificial intelligence-powered features for advertisers that will automatically find the best ad placements for brands across the tech company’s services. AI has dominated the tech industry in recent months as Google and other companies have developed novel chatbots that can…
By Michel Rose (Reuters) – French President Emmanuel Macron said he will meet with Tesla CEO Elon Musk on Friday, the second time in just over a month, to promote France as a possible site for one of the electric vehicle (EV) maker’s factories as well as to discuss tech regulation. France has been courting…
By David Shepardson WASHINGTON (Reuters) – U.S. Senators Elizabeth Warren and Ron Wyden asked the Justice Department to open an antitrust investigation into the planned deal between the PGA Tour and Saudi-backed LIV Golf, saying they believe it would result in a monopoly over professional golf operations. The PGA Tour, DP World Tour and rival…
(Reuters) – Traders added to bets the Federal Reserve will soon be back to raising U.S. interest rates after skipping a hike in June, following the publication of U.S. central bank forecasts showing most policymakers believe they will need to tighten monetary policy further. Futures contracts tied to the Fed’s policy rate fell after the…
By Michael S. Derby WASHINGTON (Reuters) – U.S. Federal Reserve officials penciled in additional rate rises for this year and said they foresee inflation pressures continuing to ease over the next few years, in updated forecasts released on Wednesday. The projections, released quarterly, came as part of a Federal Open Market Committee meeting that saw…
By David Shepardson WASHINGTON (Reuters) – A bipartisan group of six senators and two members of the House of Representatives on Wednesday introduced legislation to protect Americans’ data from being used by U.S. adversaries. The bill is the latest in a series of proposals aimed at addressing concerns about the data of Americans using foreign-owned…
By Leah Douglas (Reuters) -California’s Upside Foods said on Wednesday it received regulatory approval from the U.S. Department of Agriculture for the label on its cell-cultivated chicken, making it the second company in the United States to secure that approval. Several companies are seeking approval from U.S. regulators for cultivated meat and fish products, hoping…
By Siddharth Cavale NEW YORK (Reuters) – Walmart’s Flipkart marketplace and PhonePe payments business in India could be $100 billion businesses buoyed by strong growth, the retailer’s chief financial officer said on Wednesday at an investor conference. Walmart does not break out sales of Flipkart and PhonePe but over the past few months, executives have…
By Carolina Mandl and Davide Barbuscia NEW YORK (Reuters) – BlackRock Inc chairman and Chief Executive Officer Larry Fink said on Wednesday he is not planning to leave the world’s biggest asset manager “any time soon,” while his team unveiled plans for revenue growth. Fink, 70, said he has no plans to retire, but BlackRock…
By Nandhini Srinivasan and Khushi Mandowara (Reuters) – More than 109,000 Americans died from drug overdoses in the 12-month period ending January 2023, a slight increase from the previous year, according to provisional data from the U.S. Centers for Disease Control and Prevention (CDC) released on Wednesday. The figure is up 0.7% from 108,825 overdoses…
