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Biden Orders AI Firms to Share Safety Tests With Government
Biden Orders AI Firms to Share Safety Tests With Government
October 30, 2023  |  Artificial Intelligence

President Joe Biden issued an executive order aimed at safe artificial intelligence (AI) development. High on the list of Biden’s requirements for AI companies issued...

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Omnicom Buys Flywheel to Extend eCommerce/Retail Media Reach
Omnicom Buys Flywheel to Extend eCommerce/Retail Media Reach
October 30, 2023  |  Acquisitions

Marketing communications company Omnicom has acquired eCommerce firm Flywheel Digital for $835 million. The company says the net-cash purchase, announced Monday (Oct. 30), allows Omnicom...

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Apple Faces Possible Watch Import Ban Following Government Ruling
Apple Faces Possible Watch Import Ban Following Government Ruling
October 29, 2023  |  Apple

Apple faces a potential ban on importing its watch following a recent trade commission ruling. The U.S. International Trade Commission (ITC) issued an order last...

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Fed Weighs Future Rates Hikes as Consumer Spending Persists
Fed Weighs Future Rates Hikes as Consumer Spending Persists
October 29, 2023  |  Economy

Just how resilient is the American consumer? It’s a key question facing the Federal Reserve. As Bloomberg News reported Sunday (Oct. 29), officials from the U.S. central bank...

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Musk Says X Will Be Financial Service Hub by 2024
Musk Says X Will Be Financial Service Hub by 2024
October 29, 2023  |  financial apps

Elon Musk reportedly expects X to transform into a payments super app by next year. “When I say payments, I actually mean someone’s entire financial life,” Musk...

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Early OpenAI Investor: Most AI Firms Won’t Make Money
Early OpenAI Investor: Most AI Firms Won’t Make Money
October 29, 2023  |  artificial intelligence

OpenAI is an artificial intelligence (AI) success story.  But one of its early investors says it is the exception in an overvalued sector, not the rule,...

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Google Strengthens Anthropic Ties With $2 Billion Investment
Google Strengthens Anthropic Ties With $2 Billion Investment
October 29, 2023  |  artificial intelligence

Google could reportedly invest another $2 billion in artificial intelligence (AI) firm Anthropic. The tech giant, which already invests in Anthropic, has already given the OpenAI competitor...

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X Launches Three Tiers of Premium Subscriptions
X Launches Three Tiers of Premium Subscriptions
October 29, 2023  |  Subscriptions

X has begun offering tiered subscriptions amid owner Elon Musk’s broader ambitions for the platform. The social media platform once known as Twitter announced Friday (Oct....

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Report: Flexport Looks to Snap Up Convoy’s Tech
Report: Flexport Looks to Snap Up Convoy’s Tech
October 29, 2023  |  Supply Chain

Supply chain logistics firm Flexport is reportedly in discussions to purchase freight startup Convoy’s technology. The acquisition, if successful, would bolster Flexport’s move into the U.S....

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