MSCI All-World index rises 0.3%, dollar falls UBS rehires Ermotti to lead the merged entity Alibaba rises 13%, lifting other Chinese tech stocks Oil rises, gold falls LONDON, March 29 (Reuters) – Global stocks rose on Wednesday as investors took heart from a greater degree of stability in the banking sector, but the sense of …
Stocks gain when bank support encourages investors Read More »
March 29 (Reuters) – Shares in Alibaba Group ( 9988.HK ) and other top Chinese technology companies rose on Wednesday as investors cheered an unprecedented revamp of the Jack Ma-founded company, heralding the beginning of the end of Beijing’s crackdown on the sector . Alibaba said on Tuesday it planned to split into six units …
BRASILIA, March 28 (Reuters) – Meta Platforms Inc (META.O) and Alphabet Inc’s Google (GOOGL.O ) defended in the Supreme Court on Tuesday a Brazilian law that says internet platforms cannot User posted content is responsible unless they are subject to a court order. If upheld, their appeal could establish jurisprudence for future cases involving liability …
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KABUL, March 27 (Reuters) – Sofia in Kabul uses her laptop to log into an online English class offered by one of a growing number of educational institutions trying to reach Afghan girls and women digitally from home. women. But when the teacher asked Sofia to read a passage, her computer screen froze. “Can you …
Afghan girls struggle with poor internet as they switch to online classes Read More »
March 25 (Reuters) – Twitter Inc CEO Elon Musk has offered the company’s social media employees stock grants worth nearly $20 billion, Information reported on Saturday, citing a person familiar with an email Musk sent to Twitter employees. The reported valuation is less than half of the $44 billion Musk paid to acquire the social …
Elon Musk puts a $20 billion value on Twitter, The Information reports Read More »
March 25 (Reuters) – U.S. authorities are considering extending an emergency lending facility that would offer banks more support, in a move that could give First Republic Bank ( FRC.N ) more time to shore up its balance sheet, Bloomberg News reported on Saturday . All considerations are at an early stage, and an expansion …
US considers more aid to banks while giving First Republic time – Bloomberg News Read More »
March 24 (Reuters) – Microsoft Corp ( MSFT.O ) has threatened to cut off access to its Internet search data, which it licenses to rival search engines, if they do not stop using it as a basis for to its own artificial intelligence chat products, Bloomberg News reported Friday. The company has told at least …
Microsoft threatens to restrict data from rival AI search tools – Bloomberg News Read More »
March 22 (Reuters) – The U.S. Securities and Exchange Commission (SEC) has threatened to sue Coinbase Global Inc ( COIN.O ) over some of the crypto exchange’s products, turning up the heat on the largely unregulated sector. Shares of Coinbase fell nearly 13% to $67.33 in extended trading after the company said Wednesday that the …
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March 21 (Reuters) – Computing networking pioneer Bob Metcalfe won the industry’s most prestigious award on Wednesday for inventing Ethernet, a technology that remains a top priority half a century after its birth. The foundation of the internet. Ethernet is the standard connection for everything from servers in data centers to telecommunications networks. The Association …
Computing networking pioneer Metcalfe wins industry’s top award Read More »
March 21 (Reuters) – Microsoft Corp ( MSFT.O ) on Monday won the dismissal of a private consumer antitrust lawsuit over its proposed $69 billion purchase of “Call of Duty” maker Activision Blizzard Inc ( ATVI.O ), but the plaintiffs received notice. 20 days to refine your legal challenge. A federal judge in San Francisco …
Microsoft wins dismissal of gamer’s lawsuit over $69 billion Activision deal Read More »
