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European cloud providers back EU push to cut reliance on US tech

European cloud providers back EU push to cut reliance on US tech

BRUSSELS, June 1 (Reuters) - Thirteen European cloud providers joined forces with a group of EU lawmakers and NGOs on Monday to back the European Commission's drive to cut the region's dependence on U.S. technologies and support local businesses.
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PitchBook Benefits from Big Tech Layoffs, Gains Access to Top Talent

PitchBook Benefits from Big Tech Layoffs, Gains Access to Top Talent

PitchBook Benefits from Big Tech Layoffs, Gains Access to Top Talent
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Analysis-AI debt sales reshape global corporate bond markets

Analysis-AI debt sales reshape global corporate bond markets

By Yoruk Bahceli LONDON, June 1 (Reuters) - From Europe to Japan and Switzerland, huge bond issues by Big Tech companies are proving that smaller markets, often overshadowed by the U.S., can punch above their weight in the $40 trillion world of corporate debt.
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TikTok Expands to Super App Status with New Booking and E-commerce Features

TikTok Expands to Super App Status with New Booking and E-commerce Features

TikTok Expands to Super App Status with New Booking and E-commerce Features
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Big Tech's AI Debt Sales Transform Global Corporate Bond Markets

Big Tech's AI Debt Sales Transform Global Corporate Bond Markets

Big Tech's AI Debt Sales Transform Global Corporate Bond Markets
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Meta's New AI Subscription Services Aim to Diversify Revenue Beyond Advertising

Meta's New AI Subscription Services Aim to Diversify Revenue Beyond Advertising

Meta's New AI Subscription Services Aim to Diversify Revenue Beyond Advertising
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Ukraine's Zelenskiy seeks progress on peace talks before winter

Ukraine's Zelenskiy seeks progress on peace talks before winter

May 31 (Reuters) - Ukrainian President Volodymyr Zelenskiy, in an interview broadcast on Sunday, said he wanted to press on with talks on securing peace with Russia before the onset of winter to take account of Kyiv's improved strategic position.
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Micron’s trillion-dollar rally points to a bigger AI problem

Micron’s trillion-dollar rally points to a bigger AI problem

Micron Technology (MU) is having the kind of rally that can shift the perception of an entire industry on Wall Street. The memory-chip maker briefly topped the $1 trillion market value threshold for the first time on May 26, on the back of soaring demand for chips that power artificial intelligence ...
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European Commission debates policy shift to protect industry from China

European Commission debates policy shift to protect industry from China

By Julia Payne BRUSSELS, May 29 (Reuters) - European commissioners met on Friday to discuss how to shield Europe's industries from surging Chinese imports, and secure alternative supplies of key inputs and critical minerals to reduce the bloc's heavy dependence on China.
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Exclusive-Meta tool to track employee mouse clicks on collision course with EU privacy rules

Exclusive-Meta tool to track employee mouse clicks on collision course with EU privacy rules

By Katie Paul and Toby Sterling NEW YORK/AMSTERDAM, May 29 (Reuters) - Meta Platforms' plan to collect detailed records of U.S. employees’ computer usage for training its AI models is more extensive than initially described and set to capture non-U.S. data in the process, according to internal
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Blue Origin faces months of delays after rocket explosion damages launch pad

Blue Origin faces months of delays after rocket explosion damages launch pad

By Akash Sriram NEW YORK, May 30 (Reuters) - Blue Origin faces a months-long setback after the explosion of a rocket damaged its launch pad, company and industry sources said, scrambling schedules for Amazon satellite launches and bolstering SpaceX's dominance in the commercial launch market.
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Supreme Court Ruling Empowers Gig Workers to Challenge Arbitration Clauses

Supreme Court Ruling Empowers Gig Workers to Challenge Arbitration Clauses

Supreme Court Ruling Empowers Gig Workers to Challenge Arbitration Clauses