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  • abhilasha

    •

    3 months

    latest International Tech and Business news updates (19Feb,25)

    1. 🤝 EU Criticizes U.S. Trade Policies EU antitrust chief Teresa Ribera has criticized U.S. President Donald Trump for undermining Europe-U.S. relations with unpredictable trade policies, including tariffs on various goods. 2. 🏦 Wall Street Banks Revise DEI Policies Major Wall Street banks, including JPMorgan Chase and Morgan Stanley, are removing diversity, equity, and inclusion language from their websites, reflecting a shift in corporate policies amid political pressures. 3. 📉 Rise in Insolvencies in England and Wales January saw a 12% year-on-year increase in company insolvencies in England and Wales, attributed to high taxes and sluggish economic growth. 4. 💼 Intel Faces Potential Takeover Intel's shares have plunged to historic lows, attracting potential buyers like TSMC and Broadcom, amid missed opportunities in smartphone and AI chip markets. 5. 🛍️ San Antonio's Retail Expansion San Antonio's retail sector is booming, with major expansions from retailers like Tesla, Burlington, and Marshall's, indicating strong economic growth in the region. 6. 📈 AI Giants Near Buy Points Dow Jones futures indicate a positive start to the week, with AI leaders Amazon and Broadcom approaching key buy points, signaling potential growth in the tech sector. 7. 📊 Robinhood's Significant Turnaround Online brokerage Robinhood has seen its stock surge over 400% in the past year, achieving net profitability through new products and increased crypto trading. 8. 🤖 AI 'Hallucinations' Pose Legal Challenges Law firms are cautioning against the use of AI-generated content in legal filings, as instances of fabricated case law, known as 'hallucinations,' could lead to severe professional consequences. 9. 🛡️ Musk's xAI Introduces Grok-3 Chatbot Elon Musk's AI startup xAI unveiled Grok-3, a chatbot designed to compete with OpenAI's ChatGPT and China's DeepSeek, marking a significant entry into the AI chatbot arena. 10. 🛑 Chinese Firm Halts Tech Exports Amid Tensions A Chinese lithium company has suspended technology exports as trade tensions escalate, highlighting the impact of geopolitical factors on tech supply chains.
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