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Microsoft invests $1 billion in artificial intelligence project

Microsoft is investing $1 billion in Elon Musk’s OpenAI to build artificial intelligence that can tackle more complex tasks more…


European Central Bank Set For A Rate Cut In September, Economists Predict

The European Central Bank (ECB) will next week open the door to an interest rate cut for September, economists have predicted. more…


Euro Falls To One-Week Low

The common currency was unchanged at $1.1219 even after euro zone consumer price inflation was revised up to 1.3% more…

Market News

Alibaba shareholders approve stock split that could boost shares ahead of reported Hong Kong IPO

Alibaba shareholders voted overwhelmingly in favor of a stock split that the e-commerce giant said could help with further fundraising activities. more…


Nintendo introduces Switch Lite, a cheaper version of the Switch

Nintendo on Wednesday announced the Switch Lite, a smaller and more affordable version of the popular Nintendo Switch. more…

Market News

Richard Branson warns the pound will ‘collapse to parity’ with the dollar in a hard Brexit

The U.K. leaving the European Union without a deal on October 31 would cause the pound to reach “parity” with the dollar, Virgin boss Richard Branson has said. more…


France approves digital tax on American tech giants

France’s Senate approved a tax on the revenues of tech giants like Google, Amazon and Facebook more…


Amazon to add over 2,000 jobs in Britain this year

Amazon will add over 2,000 permanent jobs in Britain this year more…

Market News

Richard Branson’s Virgin Galactic is set to be the first space-tourism company to go public

British billionaire Richard Branson’s space-tourism unit Virgin Galactic plans to go public later this year, the company announced Tuesday. more…


Deutsche Bank shares slump more than 7% as lender gets ready for major overhaul

Deutsche Bank shares slumped more than 7 percent as the German lender announced a mass restructuring program over the weekend. more…