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Day: April 17, 2024

Microsoft-OpenAI deal set to dodge formal EU merger probe, sources say
Business

Microsoft-OpenAI deal set to dodge formal EU merger probe, sources say

By Foo Yun Chee and Yuvraj Malik (Reuters) -EU antitrust regulators have concluded that Microsoft’s $13 billion investment into OpenAI…

Equifax sees second-quarter revenue below estimates as rates remain high
Business

Equifax sees second-quarter revenue below estimates as rates remain high

(Reuters) – Credit ratings firm Equifax forecast on Wednesday its second-quarter revenue below estimates after strong economic data boosted chances…

NY Fed sees more time needed to shrink central bank holdings
Economy

NY Fed sees more time needed to shrink central bank holdings

By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve’s effort to contract its balance sheet will likely run…

Google lays off employees, shifts some roles abroad amid cost cuts
Business

Google lays off employees, shifts some roles abroad amid cost cuts

(Reuters) – Alphabet-owned Google is laying off an unspecified number of employees, a company spokesperson said on Wednesday, marking the…

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