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Intel Returns to Profit as PC Rebound Lifts Chip Demand
Business

Intel Returns to Profit as PC Rebound Lifts Chip Demand

The chip maker’s earnings surprise Wall Street after two consecutive quarters of record losses. Source link

Microsoft Faces European Probe Over Bundling of Teams Software
Business

Microsoft Faces European Probe Over Bundling of Teams Software

The European Union opened an antitrust investigation into whether Microsoft is abusing its position by bundling its Teams videoconferencing app with its popular Office software.

Netflix Reworks Microsoft Pact and Lowers Ad Prices
Business

Netflix Reworks Microsoft Pact and Lowers Ad Prices

The streaming company is asking advertisers for patience as it tries to jump-start its $6.99 a month ad tier. Source link

Google and Microsoft Paying Big to Play in AI
Business

Google and Microsoft Paying Big to Play in AI

The tech giants at the forefront of the AI race show recovering growth in their core businesses. Source link

Inside Lyft CEO David Risher's Efforts to Stabilize the Company
Business

Inside Lyft CEO David Risher's Efforts to Stabilize the Company

The new boss is considering options for Lyft’s bike fleet, with the company looking to sell the division or form a partnership with an investor.

White House Says Amazon, Google, Meta, Microsoft Agree to AI Safeguards
Business

White House Says Amazon, Google, Meta, Microsoft Agree to AI Safeguards

Big tech companies are adopting voluntary guidelines, such as watermarking artificial content. Source link

FTC Withdraws Case Against Microsoft-Activision Deal
Business

FTC Withdraws Case Against Microsoft-Activision Deal

The FTC said it is pausing its in-house trial against Microsoft’s $75 billion takeover of game developer Activision Blizzard, another signal that the deal is

Microsoft, Activision Blizzard Extend $75 Billion Merger Deadline
Business

Microsoft, Activision Blizzard Extend $75 Billion Merger Deadline

The extension, until mid-October, allows the companies to continue with efforts to gain regulatory approval in the U.K. Source link

Goldman Sachs, Johnson & Johnson fall premarket; Carvana, Microsoft rise
Finances

Goldman Sachs, Johnson & Johnson fall premarket; Carvana, Microsoft rise By Investing.com

© Reuters Investing.com — U.S. traded largely unchanged Wednesday, consolidating after recent strong gains as investors digest a deluge of important corporate earnings. Here are