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Snap CEO praises AI for writing two-thirds of the company’s code but warns fellow tech executives underestimate ‘societal pushback’ to the tech | Fortune

Snap, the tech company behind the social media app SnapChat, introduced on Tuesday AI Sponsored Snaps, an advertising tool that will allow users to chat with AI bots from a brand partnered with the social media platform. It’s one...

Volodymyr Zelenskyy’s push for EU membership strains ties with allies

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Volodymyr Zelenskyy’s hard push for Ukraine to swiftly join the EU is raising tensions with European capitals at a time when...

Tim Cook’s advice to Apple’s next CEO: The most important decision he’ll make is ‘where he spends his time’ | Fortune

Apple’s incoming CEO introduced himself to Wall Street on Thursday, in a brief earnings-call debut in which John Ternus emphasized his commitment to continuity at the $4 trillion company.Ternus, who will officially replace CEO Tim Cook in September, promised...

Meta’s threat to quit New Mexico ‘is showing the world how little it cares about child safety,’ AG says | Fortune

New Mexico Attorney General Raúl Torrez filed for injunctive relief against Meta today, seeking sweeping court-ordered changes to how the company operates its platforms for children. Meta responded by threatening to pull Facebook, Instagram, and WhatsApp from the state...

A ‘no-brainer’: Senate unanimously bans members and staff from using prediction markets | Fortune

The Senate has approved a bipartisan resolution to prevent its own members from using prediction markets, banning senators who are often privy to sensitive information from making bets on upcoming events.The measure that passed unanimously by voice vote Thursday was...

US economy grows at 2% pace in first quarter as AI boom fuels investment

Stay informed with free updatesSimply sign up to the US economy myFT Digest -- delivered directly to your inbox.US economic growth rose to a 2 per cent rate in the first quarter as soaring investment in AI infrastructure offset...

For years, the risk Jamie Dimon was most concerned about was geopolitics. His answer has shifted | Fortune

When Jamie Dimon is asked about the greatest risk he sees to the global economy, his answer for years has been “geopolitics.” It’s been with good reason. In the past handful of years, Russia invaded Ukraine, a major conflict...

Supreme Court considers how much states can protect consumers when federal agencies won’t

Chemical giant Monsanto has argued for years that if the U.S. Environmental Protection Agency approves a pesticide label without requiring a cancer warning, states cannot hold its manufacturer liable in court for failing to warn...

Oil surges past $125 as fears of prolonged supply disruption grow

Brent crude sets new conflict high as blockade of Strait of Hormuz continues Source link

Google Cloud revenue is now 18% of Alphabet’s business. Is this the beginning of the end of Google’s search identity? | Fortune

Ever since Google was founded in 1998, search has been the core of the company’s identity. For much of that time, search has also been the engine (no pun intended) driving Google’s business. On Wednesday, that began to change. The company’s...
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Three dead in suspected hantavirus outbreak on Atlantic cruise ship

The World Health Organization said one case of hantavirus infection has been confirmed, with five more suspected cases under...
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