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Microsoft plans to invest $1.5 billion in an Abu Dhabi-based artificial intelligence company, a deal that could limit China’s influence in the Gulf region amid rising technological competition with the United States. In a
At least 7.6 million existing AT&T account holders and 65.4 million former users hit by the breach, the company says. Personal information belonging to millions of past and present AT&T customers has been leaked online, including Social Security numbers (SSNs), passcodes and contact details, the multinational company says. In a statement on Saturday, the telecommunication […]
One of the largest military contractors in the US paid commissions to a Saudi company later alleged to have been a conduit for bribes for the kingdom’s royal family. A document disclosed in a UK criminal trial revealed that Harris Corporation, now L3Harris, paid commissions to the Saudi company for over two decades for services […]
Dake Kang/AP The main entrance door to the I-Soon office, also known as Anxun in Mandarin, is seen after office hours in Chengdu in southwestern China’s Sichuan Province on Tuesday, Feb. 20, 2024. (AP Photo/Dake Kang) CNN — US officials have been scouring a trove of newly leaked documents from a Chinese tech firm for […]
Visiting U.S. lawmakers sought to assure Taiwan on Thursday that the United States would stand by it in the face of pressure from China, though a bill that includes support for the island has stalled in Congress, and divisions over aid for Ukraine have fanned wider questions about Washington’s commitment to its partners.
Getty Images Electrical goods retailer Currys has rejected a takeover approach from US investment firm Elliott. Currys, which operates more than 800 stores globally and employs 28,000 people, said the offer valued the business at about £700m. But the proposal “significantly undervalued” the company, Currys said. Elliott has a reputation as an activist investor, meaning […]
George Osborne has been hired by the American cryptocurrency exchange operator Coinbase as it faces an intense legal battle with the US regulator. The San Francisco-based company announced on Wednesday that it had appointed the former UK chancellor to its advisory council and would be “relying on his insights and experiences as we grow Coinbase […]
Updated Dec. 26, 2023 9:28 pm ET China’s government hit back at U.S. criticism of its human-rights record on Tuesday by imposing sanctions on a Los Angeles firm and two analysts involved in scouring the country’s supply chain for abuses. Beijing said the actions under its Anti-Foreign Sanctions Law will be applied to Kharon, a […]
U.S. private equity group Arctos Partners has acquired a minority common equity stake in French champions Paris Saint-Germain, the Ligue 1 club announced on Thursday. A source told ESPN that Arctos would buy a 12.5% stake, which values PSG at €4 billion ($4.32bn), a record-high valuation for a football club. –
U.S. and Chinese flags are seen in this illustration taken, January 30, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Nov 30 (Reuters) – PricewaterhouseCoopers affiliates . . .