Business News – The paper fuel business magazine uk

06Mar

Nike to Take $300M Hit in Restructuring Push Under CEO Elliott Hill

Nike will record about $300 million in pre-tax charges related to severance costs from ‌a restructuring push at the footwear maker as CEO Elliott Hill looks to contain a margin…

06Mar

Pentagon Flags Anthropic as Supply-Chain Risk

The Pentagon slapped a formal supply-chain risk designation on artificial intelligence lab Anthropic on Thursday, limiting use of a technology that a source said was being ‌used for military operations…

05Mar

Google Cuts Android Fees, Expands Billing to Settle Epic Dispute and Restore Fortnite

Google said it would expand billing options and cut developer fees on Android, in a major policy overhaul that helped resolve its long-running dispute with Epic Games and bring back…

05Mar

Tech Giants Pledge to Fund New Power for AI Data Centers at White House

Google, Microsoft, Meta, Amazon and several artificial intelligence companies signed a pledge at the White House on Wednesday to bear the cost of new electricity generation to power their data…

05Mar

Nvidia Says OpenAI, Anthropic Investments May Be Its Last Before IPOs

Nvidia CEO Jensen Huang said the latest investments in OpenAI and Anthropic might be the chipmaker's last in those companies, ‌as the AI companies prepare to go public this year.…

04Mar

Australian state plans to give employees legal right to work from home

The Australian state of Victoria said on Wednesday it will launch legislation ‌to give employees the legal right to work from home two days per week. The laws that are…

04Mar

OpenAI looking at contract with NATO, source says

OpenAI is considering a contract to deploy its AI technology on North Atlantic Treaty Organisation's (NATO) "unclassified" networks, a person familiar with the matter said on Tuesday, days after the…

04Mar

Airline, travel industries scramble with fallout from Middle East conflict

The airline and tourism industries scrambled to deal with the fallout from the escalating U.S. and Israeli air war against Iran, while governments rushed to bring stranded travellers home from…

03Mar

State Department switches to OpenAI as US agencies start phasing out Anthropic

Three more U.S. cabinet-level agencies, the departments of State, Treasury and Health and Human Services, moved to cease use of Anthropic's AI products ‌on Monday, joining the Pentagon in switching…

03Mar

Paramount’s $110 billion Warner Bros deal likely to secure FCC backing, FT reports

U.S. Federal Communications Commission Chair Brendan Carr has signaled that the watchdog will not seek to block Paramount's $110 billion deal to buy Warner Bros and played down ‌competition concerns…

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