WASHINGTON, March 30 (Reuters) – Technology ethics group Center for Artificial Intelligence and Digital Policy is calling on the U.S. Federal Trade Commission to stop OpenAI from releasing new commercial versions of GPT-4, which has appealed to some users and caused distress to others with its quick and human responses to queries. In a complaint … Read more
Manufacturing PMI 51.9 in March vs. 52.6 in February Non-manufacturing PMI rises at fastest pace in nearly 12 years BEIJING, March 31 (Reuters) – Chinese manufacturing activity expanded at a slower pace in March, official data showed on Friday, raising doubts about the strength of a post-COVID factory recovery amid decline in global demand and … Read more
March 30 (Reuters) – E-commerce company JD.com Inc (9618.HK) plans to divest its real estate and industrial units and list them on the Hong Kong stock exchange in deals worth $1 billion dollars each, two people with direct knowledge said Friday. The plan marks the latest overhaul of China’s tech sector after a sweeping regulatory … Read more
NEW YORK, Sept 29 (Reuters) – A nearly $16 billion JP Morgan fund is expected to reset its options positions on Friday, which could increase equity volatility at the end of a dismal quarter for stocks. Analysts have in the past pointed to the JPMorgan Hedged Equity Fund’s quarterly market reset and see it as … Read more
March 30 (Reuters) – As powerful new obesity drugs enter the U.S. market, medical associations are keen to advise their members on how best to use them for patients. This is where the debate begins. Some specialists advocate the broad use of drugs like Wegovy by Novo Nordisk (NOVOb.CO), alongside a healthy diet and exercise. … Read more
BRUSSELS, March 30 (Reuters) – Alphabet’s Google Cloud (GOOGL.O) has accused Microsoft (MSFT.O) of anti-competitive cloud computing practices and criticized impending deals with several European cloud providers, saying they do not address broader concerns about its license terms. In Google Cloud’s first public comments on Microsoft and its European deals, its vice president Amit Zavery … Read more
SHANGHAI/HONG KONG, March 30 (Reuters) – Alibaba Group (9988.HK) said on Thursday it would seek to monetize non-core assets and consider relinquishing control of some businesses as the Chinese tech conglomerate reinvents itself after a regulatory crackdown that erased 70% of its shares. Group CEO Daniel Zhang said splitting the company into separate businesses will … Read more
LONDON, March 29 (Reuters) – Drugs that fight obesity could for the first time feature on the World Health Organization’s “essential medicines list”, used to guide governments’ purchasing decisions in low- and middle-income countries, the UN agency told Reuters. . A group of WHO advisers will review new drug requests for inclusion next month, with … Read more
March 29 (Reuters) – Sportswear maker Adidas AG (ADSGn.DE) backtracked 48 hours on Wednesday after asking the US Trademark Office to reject a Black Lives Matter application for a trademark featuring three parallel stripes. “Adidas will withdraw its opposition to the Black Lives Matter Global Network Foundation trademark application as soon as possible,” the company … Read more
March 28 (Reuters) – Alibaba Group (9988.HK) plans to split its business into six main units covering e-commerce and the cloud in the biggest restructuring in its 24-year history, five of which, according to him, will explore fundraising or initial public offerings. . The six units are Cloud Intelligence Group, Taobao Tmall Commerce Group, Local … Read more
