OpenAI said it would set up a new office in Zurich, Switzerland, as part of efforts from the ChatGPT maker to bolster its presence in Europe as the continent emerges as a key battleground for regulating artificial intelligence.
Microsoft faces a dispute in the U.K. over how it charges customers who buy cloud software services that rival its own Azure, the latest antitrust challenge to the U.S. tech giantβs approach to licensing.
Shares of the server maker jumped after the company said evidence reviewed by its special committee didnβt raise substantial concerns about its senior management or audit committee.
The ban could see technology companies such as Instagram, TikTok and Snapchat fined up to $32.5 million if they fail to prevent young children from holding accounts.
Find insight on Inari Amertron, UBS Global Wealth Managementβs investment advice and more in the latest Market Talks covering technology, media and telecoms.
CrowdStrike swung to a loss in the third quarter, dragged down by expected headwinds following one of the worst computer outages ever, though the company raised its fiscal-year outlook and posted higher revenue as adoption accelerated.