Microsoft compares The New York Times’ claims against OpenAI to Hollywood’s early fight against VCR
Microsoft asked a judge to dismiss parts of The New York Times’ lawsuit against OpenAI, accusing the media company of “unsubstantiated” claims.
Mideast Starbucks franchisee firing 2,000 workers after being targeted in Israel-Hamas war boycott
Since the beginning of the war on Oct. 7, Starbucks has found itself alongside other Western brands targeted by pro-Palestinian activists over the war.
Bitcoin rises to record above $69,000, then quickly tumbles 8%
Bitcoin has reached a new record for the first time in more than two years.
Facebook, Threads and Instagram back online after outage
Meta’s social media platforms Instagram, Facebook and Threads were down for many users Tuesday morning.
As gold scales all-time highs, Wall Street analysts say it has even further to go
Citi describes gold as a “recession hedge,” and increasingly see tailwinds from uncertainty around the U.S. election.
European markets close lower ahead of ECB meeting as global sentiment struggles
European stocks closed lower Tuesday as markets struggled to find positive momentum ahead of the European Central Bank meeting later this week.
British neobank Monzo raises $430 million in Alphabet-led round to relaunch in the U.S.
Monzo has raised $430 million in a new funding round led by CapitalG, the independent venture arm of Google parent company Alphabet.
Binance to discontinue Nigerian currency services as legal squabble deepens
Binance on Tuesday said it will discontinue all Nigerian naira services, as the U.S. firm remains embroiled in a legal dispute with the African country.
Russia can’t reach a pro-Russian region in Moldova easily — but there are ways it can cause trouble
Russian authorities would find it hard to physically reach the breakaway region of Transnistria, but there are still ways it can stir up trouble for Moldova.
Nigeria battles to halt spiraling currency crisis and rising food insecurity
Nigeria is battling to contain a historic currency crisis and soaring inflation, with the IMF warning that almost one in 10 face food insecurity.
