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March 31 (Reuters) – Apple Inc (AAPL.O) on Friday convinced a US appeals court to overturn a $502 million judgment for patent licensing company VirnetX Inc (VHC.N) in a long-running battle over internet privacy technology. The US Court of Appeals for the Federal Circuit said the verdict could not stand after the US Patent Trial … Read more
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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
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
February PCE growth slows S&P 500 poised for second quarter in a row Indexes up: Dow 0.8%, S&P 0.9%, Nasdaq 1.3% NEW YORK, March 31 (Reuters) – The Nasdaq was set to post its biggest quarterly gain since June 2020, with US stocks moving higher on Friday as signs of cooling inflation bolstered hopes that … Read more
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
March 30 (Reuters) – E-commerce firm JD.com Inc (9618.HK) plans to spin off its real estate and industrial units and list them on the Hong Kong stock exchange in deals worth $1 billion each , two people with direct knowledge said Friday. The plan marks the latest revamp in China’s technology sector after a sweeping … Read more
TOKYO, March 31 (Reuters) – Japan’s government said on Friday it plans to restrict exports of 23 types of semiconductor manufacturing equipment, aligning controls on technology trade with US pressure to boost China’s ability to make advanced chips. curb making. The trade and industry minister said in a press release that it will impose export … Read more
NEW YORK, March 30 (Reuters) – Indicted founder of the FTX cryptocurrency exchange, Sam Bankman-Fried, pleaded not guilty on Thursday to fresh US charges of conspiracy to violate campaign finance laws and bribe Chinese authorities. Bankman-Fried, 31, through his attorney, Mark Cohen, entered the plea for the new 13-count indictment at a hearing before U.S. … Read more
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
SINGAPORE, March 30 (Reuters) – Equity markets in Asia posted recent gains on Thursday, as fears of a banking crisis eased and investors weighed whether a breakup of Chinese conglomerate Alibaba could signal that Beijing’s regulatory storm targeting tech companies , could finally disappear. The MSCI index of Asia-Pacific stocks outside Japan (.MIAPJ0000PUS) rose 0.2%. … Read more