Microsoft’s Bing A.I. is producing creepy conversations with users
Artificial intelligence experts warned that large language models have issues including “hallucination,” which means that the software can make stuff up.
YouTube CEO Susan Wojcicki says she’s stepping down
YouTube CEO Susan Wojcicki said Thursday that she’s stepping down.
Chinese smartphone giant Oppo launches foldable flip phone as it bets on high-end market
The Find N2 Flip marks Oppo’s push to make a dent in the premium segment of the smartphone market, in a challenge to Samsung.
Nestle plans price hikes after inflation eats into profits
The company took a significant hit to its gross margins in 2022, as it failed to fully pass on input cost increases to consumers.
Sanctions on Russian oil are having the ‘intended effect,’ IEA says
Bans and price caps targeting Russian oil are having the “intended effect” despite surprisingly resilient exports in recent months, according to the International Energy Agency.
Europe considers a digital currency as it strives to counter U.S. and China’s tech dominance
The European Central Bank is worried that the euro zone will end up in a “sandwich position” between U.S. Big Tech and China’s payment systems.
Bitcoin rises despite U.S. crackdown, as crypto market gains $84 billion in value
Bitcoin rose to its highest level since August, as the market shrugged off a tougher regulatory stance from U.S. regulators.
Standard Chartered ‘absolutely not’ for sale, bank CEO says
The CEO of Standard Chartered said the bank was ‘absolutely not’ for sale on CNBC’s “Squawk Box Europe.”
Commerzbank sees 2023 profit ‘well above’ 2022 despite challenges
Commerzbank’s results cap a second consecutive profitable year as it undergoes a major restructuring.
Centrica to extend share buyback as annual profit triples
Centrica’s annual profit more than tripled on high energy prices, robust electricity generation and gas production levels.
