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Microsoft Invests $1.5 Billion in UAE’s G42, Will Get Board Seat
Microsoft Corp. will invest $1.5 billion in the United Arab Emirates’ top artificial intelligence firm, G42, after the Abu Dhabi-based company worked out an unusual deal with the US government to end any cooperation with China.
The agreement follows behind-the-scenes negotiations between the US government and the Middle Eastern firm, in which G42 agreed to divest from China and pivot to American…
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#artificial intelligence#Brad Smith#China#Cloud Computing#Government#Microsoft Corp#Middle East#National Security#Technology#United Arab Emirates#Washington
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House Judiciary expands social media inquiry to Meta's Threads
Chairman Jim Jordan, R-Ohio, center, and ranking member Rep. Jerrold Nadler, D-N.Y., conduct the House Judiciary Committee hearing on the “Report of Special Counsel John Durham,” in Rayburn Building on Wednesday, June 21, 2023.
Tom Williams | CQ-Roll Call, Inc. | Getty Images
House Judiciary Chair Jim Jordan, R-Ohio, has asked Meta CEO Mark Zuckerberg to hand over documents about content…
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#alphabet inc#Amazon.com Inc#Apple Inc#Breaking News: Politics#Breaking News: Technology#business news#Elon Musk#Government and politics#Jim Jordan#Mark Zuckerberg#Meta Platforms Inc#Microsoft Corp#Mobile#politics#social media#technology
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Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways
Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways
Shopee reportedly conducted three rounds of layoffs this year as its parent Sea Limited struggles towards profitability.
Lauryn Ishak | Bloomberg | Getty Images
More tech startups in Southeast Asia laid off workers this year, as macro headwinds widened losses and venture capitalists pushed startups to extend their runways.
Last week, online marketplace Carousell announced it was letting go of…
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#Asia Economy#business news#Jobs#Layoffs#Meta Platforms Inc#Microsoft Corp#Sea Ltd#Start-up#technology
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Jdl6f3
CLICK HEAR TO HAVE SOME FUN!
#emissions#jim cramer#jerome powell#economic events#microsoft corp#walmart inc#personal finance#asia economy#november 25#november 14
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As a Microsoft 365 trusted silver partner, CloudFence.ai can assist you from the moment you decide to switch to Microsoft 365 until you are satisfied that your company is getting the most out of it. We will be your one-stop shop for all Microsoft Office 365 needs.
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Consultation- Making the switch to Microsoft 365, as well as employee onboarding and adoption, are critical to your success. We offer expert training services.
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Dow rises more than 200 points as Wall Street tries to add to last week's rally
Dow rises more than 200 points as Wall Street tries to add to last week’s rally
The Dow Jones Industrial Average rose Monday, as traders tried to add to sharp the gains seen in last week and weighed the latest moves in rates.
The 30-stock average traded 235 points higher, or 0.8%. The S&P 500 was up 0.5%, while the Nasdaq dipped 0.3%.
Facebook-parent Meta shed more than 3.1% after Bank of America downgraded the stock to neutral from buy over concerns of ad spending…
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#Alphabet Class A#Amazon.com Inc#Apple Inc#Breaking News: Markets#business news#Earnings#Markets#Meta Platforms Inc#Microsoft Corp#Stock markets#United States
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Earnings are off to a decent start. Next week is the big test for tech
Earnings are off to a decent start. Next week is the big test for tech
Stocks rallied this week as earnings season ramped up and is so far off to a better-than-expected start. With 20% of the S & P 500 having reported financials so far, sales results have thus far been 1.4% above expectations while earnings results are 5.4% above expectations, in aggregate. While the estimates have come down in recent weeks, it could signal that investors are becoming a bit too…
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#Abbvie Inc#Alphabet Class A#Amazon.com Inc#Apple Inc#Breaking News: Markets#business news#Danaher Corp#Dollar Index Future (Dec&x27;22)#Ford Motor Co#Gold COMEX (Dec&x27;22)#Halliburton Co#Honeywell International Inc#Investment strategy#Jim Cramer#Johnson & Johnson#Linde PLC#Markets#Meta Platforms Inc#Microsoft Corp#Pioneer Natural Resources Co#Procter & Gamble Co#WTI Crude (Dec&x27;22)
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Vestager Sees Quick Outcome as EU Eyes Microsoft’s OpenAI Tie-Up
The European Union’s antitrust chief said watchdogs are looking to quickly wrap up a preliminary probe of Microsoft Corp.’s relationship with OpenAI and warned that regulators are “vigilant” of other AI investments by Big Tech.
The EU began examining in January whether Microsoft’s $13 billion investment into OpenAI should be vetted under EU merger rules, opening the risk of a full-blown…
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#ALPHABET INC-CL A#Amazon.com Inc#americas#artificial intelligence#Europe#Government#Microsoft Corp#Regulation#Startups#Technology#United Kingdom
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Amazon not expected to bid for Electronic Arts
Amazon not expected to bid for Electronic Arts
Amazon is not expected to make an offer to acquire Electronic Arts, sources told CNBC’s David Faber on Friday.
EA shares jumped more than 4% in afternoon trading after USA Today reported Amazon would announce Friday that it plans to bid for the video game publisher, which is known for hit titles including FIFA, Madden and Apex Legends.
Faber dismissed the report on CNBC’s Squawk Box. “There’s…
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#Activision Blizzard Inc#Amazon#Amazon.com Inc#Arts#bid#business news#Electronic#Electronic Arts#expected#internet#iRobot Corp#Microsoft Corp#Take-Two Interactive Software Inc#Technology
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Britain to unleash £50 billion in pension funding for tech startups
NEWPORT, WALES – British Finance Minister Jeremy Hunt attends the Welsh Conservative Party Spring Conference 2023 on April 28, 2023 in Newport, Wales.
Matthew Horwood | Getty Images News | Getty Images
Britain announced plans to ensure that billions of pounds’ worth of pension fund money will be unlocked to invest in early-stage firms, seeking to boost economic growth amid criticism the U.K. is…
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Alphabet's better-than-feared quarter shows advertisers are staying with Google
Alphabet's better-than-feared quarter shows advertisers are staying with Google
Alphabet's better-than-feared quarter shows advertisers are staying with Google
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#Alphabet Class A#Amazon.com Inc#Breaking News: Markets#business news#Earnings#Investment strategy#Jim Cramer#Markets#Microsoft Corp#Ruth Porat#Snap Inc#Technology
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Semaine de quatre jours ? Ces entreprises disent avoir réussi le nouveau modèle de travail
Semaine de quatre jours ? Ces entreprises disent avoir réussi le nouveau modèle de travail
Lorsqu’Alice Will et son équipe de l’agence de marketing alimentaire Lux, basée à Édimbourg, ont décidé de tester une semaine de travail de quatre jours en janvier 2020, ils ont choisi de ne pas le dire aux clients afin de tester son efficacité.
“Si nos clients ne le remarquent pas, c’est une énorme mesure pour savoir si cela fonctionne … aucun de nos clients ne l’a fait, ce qui est formidable”,…
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#API Unilever#carrières#Culture du lieu de travail#Edinbourg#l&039;équilibre travail-vie#Londres#Microsoft Corp#Nouvelle-Zélande#personnel
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Best Buy adds beauty gadgets and outdoor furniture to product lineup
Best Buy adds beauty gadgets and outdoor furniture to product lineup
Electric bikes. Patio furniture. Beauty gadgets.
Best Buy is adding merchandise that might surprise shoppers who typically think of its stores and website as a place to buy smartphones, laptops and TVs.
The company said Friday it has begun to carry about 100 skin-care devices, including a facial steamer and at-home tool for microdermabrasion, at nearly 300 stores and on its website.
Best Buy is…
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#Best Buy Co Inc#Breaking News: Business#Business#business news#Microsoft Corp#Retail industry#Whirlpool Corp
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