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Honda and Nissan say merger talks called off

TOKYO, Japan — Japanese auto giants Honda and Nissan confirmed on Thursday they had scrapped merger talks announced in December, ending a tie-up that would have created the world’s third-largest automaker. The firms said in a joint statement that they “agreed to terminate the MOU (memorandum of understanding) signed on …

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AI feud: How Musk and Altman’s partnership turned toxic

Elon Musk and Sam Altman were among the 11-person team that founded OpenAI in 2015 (NBC) Frederic J. BROWN, Jung Yeon-jeSAN FRANCISCO — The feud between Elon Musk and Sam Altman has become one of the bitterest rivalries in business history, with the Tesla tycoon bidding to buy Altman’s OpenAI …

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McDonald’s global markets boost sales

McDonald’s global markets boost sales/Photo Credit: USA Today MCDONALD’S posted on Monday a surprise increase in its global comparable sales in the fourth quarter, aided by demand for its cheaper items and discounted offerings from diners in the Middle East, Japan and China. Shares of the burger chain rose nearly …

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Elon Musk heads group trying to buy control of OpenAI — report

SAN FRANCISCO — Elon Musk is leading an investment group offering $97.4 billion for the nonprofit that controls OpenAI, marking a new front in his war with the ChatGPT-maker, the Wall Street Journal reported Monday. Musk attorney Marc Toberoff said he submitted the bid to OpenAI’s board of directors, according …

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YouTube, the online video powerhouse, turns 20

Photo Credit: LinkedIn SAN FRANCISCO — YouTube has evolved from a dinner party lark 20 years ago into a modern lifestyle staple poised to overtake US cable television in paid viewership. PayPal colleagues Steve Chen, Chad Hurley, and Jawed Karim conceived YouTube in 2005, reportedly during a dinner party. The …

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Trump gets Middle East investors worried

LONDON/JERUSALEM — A historic shake-up of the Middle East is starting to draw international investors, warming to the prospects of relative peace and economic recovery after so much turmoil. President Donald Trump’s proposal that the US take over Gaza may have thrown a curveball into the mix, but the fragile …

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Experts call for regulation over AI

PARIS — Experts from around the world have called for greater regulation of artificial intelligence (AI) to prevent it from escaping human control, as global leaders gather in Paris for a summit on the technology. France, co-hosting the Monday and Tuesday gathering with India, has chosen to spotlight AI “action” …

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