Meta to seek disclosure on political ads that use AI ahead of Canada elections
(Reuters) -Meta Platforms will ask advertisers to disclose the use of AI or other digital techniques to create or alter a political or social issue ad, the Facebook-owner said on Thursday, aiming to curb misinformation ahead of the Canadian federal elections.The...
Apple losing over $1 billion a year on streaming service, the Information reports
(Reuters) -Apple is losing more than $1 billion a year on its streaming service, the Information reported on Thursday, citing two people familiar with the matter.The tech giant has spent more than $5 billion a year on content since launching Apple TV+ in 2019 but...
Tesla removed from Vancouver International Auto Show on safety concerns
(Reuters) – Tesla was removed from the Vancouver International Auto Show in Canada because of safety concerns, the event organizers said on Thursday. “The Vancouver International Auto Show has removed Tesla as a participant in this week’s event,...
Apple shakes up AI executive ranks in bid to turn around Siri, Bloomberg News reports
(Reuters) – Apple is shaking up its executive ranks to get its AI efforts back on track after months of delays, Bloomberg News reported on Thursday citing people familiar with the situation.Some AI improvements to voice assistant Siri will be delayed until 2026,...
Analysis-US political brinkmanship undermines Treasuries’ safe-haven status
By Davide BarbusciaNEW YORK (Reuters) – Investors have been flocking to U.S. Treasuries as a safe haven due to market turmoil fueled by President Donald Trump’s trade policies, but a looming debt ceiling debate and ongoing political brinkmanship are stark...
Novartis scraps use of diverse panels for hires in US
By Paul Arnold and Maggie FickZURICH (Reuters) -Swiss drugmaker Novartis is ending its use of diverse panels for all of its hiring in the United States, the company told Reuters on Wednesday, citing the changing legal and policy landscape surrounding diversity in the...
Allianz, BlackRock and T&D in consortium for Cinven’s Viridium stake
FRANKFURT (Reuters) -A consortium that includes Allianz, BlackRock and T&D Holdings are investing in Viridium Group in a 3.5 billion euro ($3.82 billion) deal that will see the private equity company Cinven exit as a majority investor, the companies said on...
Apple ordered by EU antitrust regulators to open up to rivals
By Foo Yun CheeBRUSSELS (Reuters) – Apple was ordered by EU antitrust regulators on Wednesday to open up its closed ecosystem to rivals, with the latter spelling out details on how to go about it in line with the bloc’s landmark rules and where...