Verizon, AT&T to get full use of C-band, expand some 5G protections – letter

WASHINGTON, March 31 (Reuters) – Four major US mobile carriers told the Federal Communications Commission (FCC) late Friday that they had agreed to a number of voluntary actions to address aviation safety concerns and allow full use of the C-Band wireless spectrum for 5G use. “These voluntary commitments support full-power deployments in the C-Band and … Read more

US unveils tougher electric car tax credit rules, effective April 18

WASHINGTON, March 31 (Reuters) – The US Treasury Department on Friday unveiled stricter electric vehicle tax rules that will reduce or eliminate tax credits on some zero-emission models but give buyers another two weeks before the new requirements take effect. The rules are designed to wean the United States from reliance on China for EV … Read more

Canada approves C$20 billion Rogers-Shaw deal under difficult circumstances

March 31 (Reuters) – Canada on Friday approved Rogers Communications Inc’s acquisition of Shaw Communications for C$20 billion ($14.8 billion) after making binding commitments to pay financial penalties if the company fails to deliver new create jobs and invest to expand its network. The latest nod from Minister of Innovation, Science and Industry François-Philippe Champagne … Read more

US advocacy group asks FTC to stop new OpenAI GPT releases

WASHINGTON, March 30 (Reuters) – The technology ethics group Center for Artificial Intelligence and Digital Policy is asking the US Federal Trade Commission to stop OpenAI from releasing new commercial releases of GPT-4, which has puzzled some users and caused others suffering with his quick and humane responses to questions. In a complaint to the … Read more

As weight loss drugs enter the US market, doctors debate their use

30 March (Reuters) – As powerful new anti-obesity drugs hit the US market, medical associations are eager to advise their members on how best to use them for patients. That’s where the debate begins. Some specialists advocate the wide use of drugs such as Novo Nordisk’s (NOVOb.CO) Wegovy, in addition to a healthy diet and … Read more

Exclusive: Google says Microsoft cloud practices are anti-competitive

BRUSSELS, March 30 (Reuters) – Alphabet’s (GOOGL.O) Google Cloud has accused Microsoft (MSFT.O) of anti-competitive cloud computing practices and criticized upcoming deals with several European cloud vendors. license terms. In Google Cloud’s first public comments on Microsoft and its European deals, Vice President Amit Zavery told Reuters that the company has raised the issue with … Read more

Manchin threatens to sue US Treasury over EV tax credit rules

WASHINGTON, March 29 (Reuters) – Senate Energy Committee Chairman Joe Manchin said on Wednesday he could go to court after the US Treasury Department released guidelines on battery procurement for electric vehicle tax credits later this week. “If it goes off the rails” and goes against the intent of climate legislation passed in August, “I … Read more

U.S. battery sourcing guidelines to cut some EV tax credits — official

WASHINGTON, March 29 (Reuters) – The long-awaited guidance from the US Treasury Department regarding battery procurement requirements for electric vehicle tax credits expected by Friday will result in fewer vehicles receiving full or partial credits, a US official told Reuters. In December, the Treasury Department decided not to release its proposed battery procurement guidelines until … Read more

The US FDIC is telling Signature Bank’s crypto customers to close accounts before April 5

March 28 (Reuters) – The US Federal Deposit Insurance Corp (FDIC) has informed collapsed lender Signature Bank’s (SBNY.O) crypto clients that they have until April 5 to close their accounts and move their funds. The deposits in question were not part of a rescue deal entered into earlier this month with Flagstar Bank, a unit … Read more

US regulator sues top crypto exchange Binance CEO for ‘intentional evasion’

CFTC accuses Binance of ‘deliberate evasion’ of federal law Binance’s compliance was ‘ineffective’ under CEO – CFTC CFTC cites practices first reported by Reuters last year March 27 (Reuters) – The world’s largest crypto exchange Binance and its CEO and founder Changpeng Zhao were charged on Monday by the US Commodity Futures Trading Commission (CFTC) … Read more