US FTC refers complaint about Snapchat use of AI chatbot to Justice Department
WASHINGTON (Reuters) -The U.S. Federal Trade Commission said on Thursday it has referred to the Justice Department a complaint against…
Month: January 2025
EU seeks tech investment review to guard economic security
BRUSSELS (Reuters) – The European Commission requested the 27 EU members on Wednesday to conduct a 15-month risk assessment of…
Exclusive-Trump team asks three US senior career diplomats to resign, sources say
By Humeyra Pamuk, Simon Lewis and Gram Slattery WASHINGTON (Reuters) – Aides to President-elect Donald Trump have asked three senior…
Biden nods to Trump team in Israel-Hamas ceasefire announcement
By Steve Holland WASHINGTON (Reuters) – U.S. President Joe Biden said on Wednesday that Israel and Hamas have reached a…
US defense contractor tells Musk panel that Pentagon bureaucracy is the problem
By Mike Stone WASHINGTON (Reuters) – The CEO of one of the world’s biggest defense contractors, L3Harris Technologies, told President-elect…
Apple, Amazon fight off $600 million UK lawsuit over alleged ‘collusion’
LONDON (Reuters) – Apple and Amazon have successfully fought off a mass lawsuit in Britain over alleged collusion between the…
Over half a million ‘TikTok refugees’ flock to China’s RedNote
By Eduardo Baptista, Katie Paul and Krystal Hu (Reuters) – New users have piled in to Chinese social media app…
Microsoft halts hiring in US consulting unit as cost-cutting measure, CNBC reports
(Reuters) – Microsoft is planning to halt hiring in part of its consulting business in the U.S. in a bid…
U.S. posts record $711 billion deficit for first three months of fiscal 2025
WASHINGTON (Reuters) – The U.S. government posted an $87 billion budget deficit in December, reduced partly by a shift of…
Biden forgives student loans for 150,000 borrowers, bringing total to 5 million
By Kanishka Singh WASHINGTON (Reuters) -President Joe Biden said on Monday his administration would cancel student loans for more than…