By Ann Saphir and Howard Schneider Palo Alto, California (Reuters) -Kevin Warsh, an apparent frontrunner to be U.S. President Donald Trump’s pick to be the next chair of the Federal Reserve, on Friday suggested a possible pathway to the lower policy rates that Trump has repeatedly pressed the current Fed Chair Jerome Powell to deliver,…
An Emerging AI Breakthrough That’s Quietly Transforming Healthcare Pulling a Tesla’ in the $1T smartphone market. Invest today to secure shares this year! [adv] An Emerging AI Breakthrough That’s Quietly Transforming Healthcare [sponsor] Medical mistakes cost lives, but this new tech aims to help prevent them by supporting physicians to detect patterns and diagnose…
WASHINGTON (Reuters) -Microsoft does not allow its employees to use an artificial intelligence app developed by Chinese AI startup Deepseek, due to concerns related to data vulnerability as well as Chinese propaganda, President Brad Smith said on Thursday. Speaking at a Senate hearing on winning the AI race with China, Smith said the company also…
(Reuters) -Apple is developing specialized chips that will power future devices including its first smart glasses, artificial intelligence servers and new MacBooks, Bloomberg News reported on Thursday. The iPhone-maker has made progress on the chip that it’s developing for smart glasses, the report said, citing people with knowledge of the matter. This indicates that Apple…
By Jonathan Stempel (Reuters) -Citigroup must face a revived lawsuit claiming it caused more than $1 billion of losses by orchestrating and concealing a vast fraud at the now-bankrupt Mexican oil and gas services company Oceanografia, a U.S. appeals court ruled on Thursday. A three-judge panel of the 11th U.S. Circuit Court of Appeals in…
By Hannah Lang (Reuters) -Legislation that would create a regulatory framework for U.S. dollar-pegged cryptocurrency tokens known as stablecoins faced a setback on Thursday as the bill failed to clear a key hurdle in the U.S. Senate. The setback is a blow to the crypto industry, which has long pushed for lawmakers to pass legislation…
AI Could Reshape Healthcare, Is This the Stock to Watch? Pulling a Tesla’ in the $1T smartphone market. Invest today to secure shares this year! [adv] AI Could Reshape Healthcare, Is This the Stock to Watch? [sponsor] What if medical mistakes and fraud no longer drain billions from the system. With this new AI tech,…
(Reuters) -Netflix said on Wednesday it plans to revamp its TV app interface and introduce generative AI to the iOS mobile platform, allowing users to ask for content in natural and everyday language. The updates arrive as the streaming giant seeks to maintain and expand its market share amid growing uncertainties and concerns about a…
By Fabian Cambero SANTIAGO (Reuters) -Amazon’s cloud computing division will invest $4 billion to build its first data centers and other cloud infrastructure in Chile, the company’s head of South Latin America told Reuters. Amazon Web Services (AWS) expects the cloud region, its third in Latin America after Brazil and Mexico, to be operational by…
By Mike Scarcella (Reuters) -A federal appeals court on Wednesday rejected a legal challenge by the Federal Trade Commission to Microsoft’s $69 billion purchase of “Call of Duty” maker Activision Blizzard. The San Francisco-based 9th U.S. Circuit Court of Appeals upheld a lower judge’s order that said the FTC was not entitled to a preliminary…
