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By Virginia Furness, Karin Strohecker and Simon Jessop BAKU (Reuters) – As officials from around the world strive this week to reach a deal on funding for poorer countries to tackle climate change, investment manager Rob Drijkoningen is the sort of person they’re hoping will help get them there. Drijkoningen…
(Refiles unchanged to fix format issues) By Krystal Hu, Anna Tong (Reuters) -Artificial intelligence companies like OpenAI are seeking to overcome unexpected delays and challenges in the pursuit of ever-bigger large language models by developing training techniques that use more human-like ways for algorithms to “think”. A dozen AI scientists, researchers and…
Australia plans to ban social media for users under 16, Prime Minister Anthony Albanese said.The ban comes amid a global effort to curb kids’ use of social media.Some say Australia’s ban is too broad, potentially limiting access to mental health services. With young people using social media more than ever,…
By David Shepardson (Reuters) -A bipartisan group of eight U.S. senators on Monday urged President Joe Biden to order a review of the security of the global network of undersea communications cables that handle nearly all the world’s internet traffic. Nearly all international internet traffic travels on undersea cables and…
By Gary McWilliams and Marianna Parraga HOUSTON (Reuters) – Key terms of a proposed court agreement with a U.S. hedge fund seeking to gain control of oil refiner Citgo Petroleum from Venezuela would lock in the fund’s low-ball bid, the company’s creditors said in new court filings against the deal.…
A new US district judge was announced Thursday in the Sean “Diddy” Combs sex-trafficking case.Judge Arun Subramanian is now in charge of Combs’ case and a potential third bid for bail.Subramanian is the same Manhattan federal judge overseeing the DOJ’s Ticketmaster antitrust action. A new federal judge has been assigned…
(Reuters) – Donald Trump’s presidential campaign has laid out an energy policy platform centered around maximizing U.S. fuel and power output, in part by dismantling the Biden administration’s centerpiece efforts to fight climate change. The Republican former president’s campaign has said thatPresident Joe Biden’s efforts to support adoption of electric…
By Jody Godoy NEW YORK (Reuters) -Attorneys general from about two dozen U.S. states are seeking treble damages against Live Nation Entertainment (NYSE:) and its ticket-selling unit, Ticketmaster, for allegedly monopolizing markets across the live concert industry in an updated version of a lawsuit originally filed in May. The U.S.…
By Dietrich Knauth NEW YORK (Reuters) – Purdue Pharma’s creditors sought permission from a U.S. bankruptcy court on Monday to sue the company’s wealthy owners, arguing that the litigation can serve as both a negotiating tool and a fallback option as the OxyContin maker re-starts talks on a bankruptcy settlement.…
By Joanna Plucinska, Lisa Barrington and Rajesh Kumar Singh LONDON/SEOUL/CHICAGO (Reuters) – Airfares in Europe and Asia are starting to plateau or fall in a sign that a prolonged post-COVID travel boom is waning, delivering a setback for airlines struggling with higher costs and limited aircraft availability. A global imbalance…