This combination of pictures created on October 10, 2023, shows (L) SpaceX, Twitter and electric car maker Tesla CEO Elon Musk during his visit at the Vivatech technology startups and innovation fair at the Porte de Versailles exhibition center in Paris, on June 16, 2023 and (R) the new Twitter …
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US retailers scramble ahead of holidays
MAJOR US retailers from Levi Strauss to Costco are preparing alternative shipping plans to ensure goods arrive in time for the peak holiday season as an East Coast and Gulf Coast ports strike drags on. Long lines of container ships queued up outside major US ports on Thursday as the …
Read More »How power-hungry AI could help fuel growth in alternative energy
Tech companies are spending big money on renewable and alternative sources of energy in an attempt to shore up enough power for energy-hungry data centres. Technology sucks up vast quantities of energy but it’s driving renewable investment. Using AI can feel like watching a magic trick. Ask ChatGPT for a …
Read More »Competition Bureau gets court order for probe into potential anti-competitive conduct by CREA
The Competition Bureau says it’s obtained a court order as part of an investigation into potential anti-competitive conduct by the Canadian Real Estate Association. CREA’s membership includes more than 160,000 real estate brokers, agents and salespeople. The Competition Bureau says it’s obtained a court order as part of an investigation …
Read More »BoJ urged to keep monetary policy
NAGASAKI, Japan — Bank of Japan (BoJ) board member Asahi Noguchi said on Thursday the central bank must patiently maintain loose monetary policy as it will take time to eradicate the public’s view that prices are not set to rise much in the future. The comments from Noguchi, a known …
Read More »US dockworkers end strike on pay deal
WASHINGTON, D.C. — US dockworkers will return to work after a three-day strike at East and Gulf Coast ports after the union and port operators reached a tentative deal on pay and extended the current contract to January 15, both sides said on Thursday. The International Longshoremen’s Association (ILA) had …
Read More »Competition Bureau gets court orders against Air Canada, WestJet for market info
The Competition Bureau has obtained court orders requiring Air Canada and WestJet to hand over information for the watchdog’s market study into airline competition. The Competition Bureau has obtained court orders requiring Air Canada and WestJet to hand over information for the watchdog’s market study into airline competition. Granted by …
Read More »Historic funding round values OpenAI at $157B
SAN FRANCISCO, California — OpenAI, the company behind ChatGPT, secured $6.6 billion in new funding, propelling its valuation to $157 billion and cementing its position as the world leader in artificial intelligence (AI). The landmark investment, one of Silicon Valley’s largest, was announced by OpenAI on Wednesday. Founded in 2015 …
Read More »US urges shippers, union to hold talks
NEW YORK — US dockworkers picketed for a second day on Wednesday, garnering support from other labor groups as the Biden administration urged shippers to boost their offer to end a damaging strike weeks before the presidential election. About 45,000 workers with the International Longshoremen’s Association (ILA) walked off their …
Read More »Apple gadget upgrades ready early next year
Customers can pre-order the new iPhone 16 and iPhone 16 Pro lineups, Apple Watch Series 10, the new black titanium Apple Watch Ultra 2, and the new AirPods lineup on apple.com and on the Apple Store app/apple.com APPLE is close to starting production of an updated iPhone SE that will …
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