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Just_super | E+ | Getty ImagesThe European Union's parliament on Wednesday endorsed the world's first major set of regulatory ground rules to govern the mediatized artificial intelligence at the forefront of tech investment. President of the European Parliament, Roberta Metsola, described the act as trail-blazing, saying it would enable innovation, while safeguarding fundamental rights. "Artificial intelligence is already very much part of our daily lives. Born in 2021, the EU AI Act divides the technology into categories of risk, ranging from "unacceptable" — which would see the technology banned — to high, medium and low hazard. "The AI Act is not the end of the journey, but, rather, the starting point for a new model of governance built around technology.

Persons: Thierry Breton, Roberta Metsola, Dragos, Tudorache Organizations: Intelligence, Wednesday, EU, European, Union, Digital Markets, — U.S, Apple, Meta, Microsoft, Google, Nvidia Locations: Europe, Germany, France, U.S, India

☆ China EV shares are feeling the heat as price war concerns grow
▼ + stars: | 2024-03-05 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +3 min

While consumer interest is improving, the "wait for a better price" sentiment continues to constrain sales volumes for EV makers, Ding said. watch nowAt least 30% of China's entire auto market is made up of electric vehicles, with most of those EVs coming from homegrown brands. Hong Kong-listed shares of Li Auto fell 3.9%, while Nio shares dropped 3.6% and Xpeng was down 1.8%. BYD shares were up 0.4%. Despite price cuts announced earlier, Tesla still lost market share in China in January, mainly in the large cities, according to Morgan Stanley.

Persons: Tesla, Yuqian Ding, Ding, Xpeng, Morgan Stanley, Li, Li Auto, SCMP, Zhu Jiangming, Nio, BYD, Bernstein Organizations: Getty, HSBC Qianhai, CNBC, Li Auto, China Morning, Reuters Locations: Hong Kong, China, Stellantis

Learn moreTonight's Monday Night Football contest features two of the NFL's best teams—the Kansas City Chiefs and the Philadelphia Eagles. Read on to learn where to watch Chiefs vs. Eagles live streams. How to watch Chiefs vs. Eagles free from anywhereChannel 5 in the United Kingdom shows Monday Night Football for free. Watch Chiefs vs. Eagles on Monday Night Football. For $6.99 per month, NFL+ offers live streams for all local broadcasts and primetime games, including Monday Night Football, Sunday Night Football, and Thursday Night Football.

Persons: Patrick Mahomes, You'll, ExpressVPN Organizations: Kansas City Chiefs, Philadelphia Eagles, Chiefs, Eagles, NFC, AFC, NFL, ESPN, ABC, United Kingdom, Watch Chiefs, . Eagles, Packers, Giants, Hulu, Disney, ESPN2, Football, NFL Network, NFL Films, NFL Shop, ESPN doubleheaders, Chicago Bears, Minnesota Vikings, Cincinnati Bengals, Jacksonville Jaguars, Green Bay Packers, New York Giants, Tennessee Titans, Miami Dolphins, New England Patriots —, Baltimore Ravens, San Francisco 49ers Locations: United

☆ ‘Saltburn’ director Emerald Fennell explores the dark side of the British ruling class
▼ + stars: | 2023-11-17 | by ( Thomas Page | ) edition.cnn.com time to read: +7 min

CNN —Emerald Fennell knew exactly what she was doing, dressing Jacob Elordi like that. Nice try.’”Jacob Elordi as the upper class Felix Catton in "Saltburn." “Saltburn” is a film in the British country house gothic tradition, complete with snobbish butler, black-tie dinners, calcified ways and repressed emotions. Alison Oliver as Venetia Catton, Jacob Elordi as her brother Felix, and Barry Keoghan as Oliver Quick in "Saltburn." Emerald Fennell directs Barry Keoghan and Jacob Elordi on location for "Saltburn."

Persons: Emerald Fennell, Jacob Elordi, Elordi, Elvis Presley, Sofia Coppola’s “ Priscilla, ”, “, Felix, I’ve, ” Fennell, Jacob, ‘, Nice, ’ ” Jacob Elordi, Felix Catton, Fennell, Part Dickie, Ripley, Sebastian, Oliver –, Barry Keoghan –, “ Rebecca, ” “ Jude the, Alison Oliver, Venetia Catton, Barry Keoghan, Oliver Quick, Chiabella James, Oliver, Felix’s, Richard E, Grant’s, Sir James, Rosamund Pike’s, Elspeth, There’s, Venetia, Farleigh, “ Barry, hasn’t, she’s, “ I’m, isn’t, Woman’s, there’s Organizations: CNN, “, Oxford University, Oxford Locations: “, Australian, British, wardrobes

☆ Bills overcome slow start, hang on to defeat Giants
▼ + stars: | 2023-10-16 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

The Giants marched 79 yards in nine plays but settled for Graham Gano's 29-yard field goal with 10:35 left. After the first fizzled out, the Bills' Tyler Bass missed a long field goal. Taylor, starting in place of injured Giants quarterback Daniel Jones, completed 24 of 36 passes for 200 yards. Bills running back Damien Harris injured his neck on a 1-yard run late in the first half. The Bills had six scoreless drives in the half, including Bass' miss from 52 yards.

Persons: Josh Allen, Allen, Stefon Diggs, Deonte Harty, Graham Gano's, Quintin Morris, Tyler Bass, Tyrod Taylor's, Darren Waller, Taylor, Daniel Jones, Saquon Barkley, Damien Harris, Gano, Bass, Bobby Okereke, Micah McFadden, Harris, Okereke, McFadden, Barkley Organizations: Buffalo Bills, New York Giants, Bills, Giants, The Giants, Thomson Locations: Orchard Park, N.Y, New York, Buffalo

Keep tabs on your fantasy team by tuning in with these free Giants vs. 49ers live streams. You can also watch 49ers vs. Giants for free online via Twitch. How to watch Giants vs. 49ers live streams from anywhereIf you're in the US, you can watch the Giants vs. 49ers game exclusively on Amazon Prime Video. Watch Giants vs. 49ers on Thursday Night Football. Here's a list of all upcoming Thursday Night Football games for the 2023 NFL season.

Persons: Daniel Jones, Jones, Brock Purdy's, hasn't, you'll, Charissa Thompson, Tony Gonzalez, Ryan Fitzpatrick, Richard Sherman, ExpressVPN Organizations: Giants, 49ers, New York Giants, Cowboys, San Francisco 49ers, Amazon, Fox, Amazon Prime, Insiders, Prime, Apple, Watch Giants, Lions, Packers, Broncos, Chiefs, Jaguars, Saints, Buccaneers, Bills, Titans, Steelers, Panthers, Bears, Bengals, Ravens, Football, Dolphins, Jets, Seahawks, Patriots, Chargers, Raiders, Rams, Browns Locations: New York, San Francisco Bay

DENVER (AP) — The Colorado Rockies have taken a combined no-hitter into the ninth inning against the San Francisco Giants on Friday night. Chase Anderson worked seven hitless innings and was relieved in the eighth by Justin Lawrence, who then left the game after six pitches. The 35-year-old right-hander struck out seven and threw 101 pitches, 53 for strikes. The Giants went ahead in the second inning when Michael Conforto and Wade led off with walks and Conforto scored on Patrick Bailey's fielder's-choice grounder. Ubaldo Jiménez threw the only no-hitter by a Rockies pitcher, at Atlanta on April 17, 2010.

Persons: Chase Anderson, Justin Lawrence, Lawrence, Joc Pederson, Nick Mears, Anderson, LaMonte Wade Jr, Michael Conforto, Wade, Conforto, Patrick Bailey's fielder's, Hideo Nomo, Ubaldo Jiménez, ___ Organizations: DENVER, Colorado Rockies, San Francisco Giants, Colorado, The Giants, Coors, Los Angeles Dodgers, Rockies Locations: Atlanta

BP’s (BP.L) chief executive resigned late on Tuesday after the UK oil giant’s board found he had not been sufficiently transparent about past relationships with company colleagues. While his exit appears unrelated to strategy, it puts Chair Helge Lund and the rest of BP’s board on the spot over the $112 billion group’s future direction. On the face of it, BP’s strategy should be unaffected by Looney’s missteps. While Looney subsequently revised the reduction in hydrocarbons to 25%, BP remained more committed to the energy transition than European rival Shell (SHEL.L) or U.S. giants Exxon Mobil (XOM.N) and Chevron (CVX.N). Reuters Graphics Reuters GraphicsLund and board colleagues may be minded to do the same.

Persons: Bernard Looney, Helge Lund, Looney’s missteps, Looney, Wael Sawan, Norway’s Equinor, Murray Auchincloss, Peter Thal Larsen, Sharon Lam Organizations: Reuters, BP, Shell, Exxon Mobil, Chevron, Exxon, New Shell, Reuters Graphics, Graphics Lund, International Energy Agency, Thomson Locations: Ukraine, Germany, U.S

If you want to see every play, look below to see where to watch Chiefs vs. Lions live streams from anywhere. Read more: How to watch NFL football without cableHow to watch Chiefs vs. Lions live stream in the USNBC is the exclusive broadcaster of this Thursday Night NFL kickoff opener. You can watch the Chiefs vs. Lions game live for free over the air using a digital antenna. Deal Hulu + Live TV Hulu + Live TV includes over 85 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN+. Shop at SlingHow to watch Chiefs vs. Lions live streams from anywhereFinding NFL coverage outside of the United States can be tricky.

Persons: Jared Goff, Amon, Ra St, Brown, David Montgomery, Will Patrick Mahomes, you'll, Hulu's, ExpressVPN, NBC Peacock, CEST Organizations: NFL, Detroit Lions, Super Bowl Champion Kansas City Chiefs, Chiefs, Lions, NBC, Football, . Lions, Hulu, Disney Plus, ESPN, Hulu Fubo, Fox, CBS, Insiders, Watch Chiefs, . Chiefs, Browns, Texans, Ravens, Buccaneers, . Vikings, Panthers, . Falcons, Cardinals, Jaguars, Colts, 49ers, Steelers, Broncos, Eagles, . Patriots, Rams, Seahawks, Dolphins, . Chargers, Packers, Bears, Cowboys, . Giants, Bills, . Jets Locations: United States

☆ Kyle Harrison dazzles at home as Giants top Reds
▼ + stars: | 2023-08-29 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

August 29 - Local product Kyle Harrison made his first major league home start a memorable one, striking out 11 and combining with three relievers on a six-hitter in the San Francisco Giants' 4-1 victory over the visiting Cincinnati Reds on Monday night. The closest the Reds came to scoring against Harrison came after he had left two on with one out in the seventh, with the Giants up 4-0. The Reds scored off Tyler Rogers in the eighth on an Elly De La Cruz RBI double after a two-out single by Nick Senzel. Davis had two hits for the Giants, who won a series opener for the first time since Aug. 7 against the Los Angeles Angels. The Reds lost for the fourth time in five games since opening a 10-game Western swing with three straight wins.

Persons: Kyle Harrison, Wilmer Flores, Patrick Bailey, Paul DeJong, Wade Meckler, Harrison, Ryan Walker, Nick Martini, Luis Matos, Christian Encarnacion, Walker, Will Benson, Tyler Rogers, Elly De La Cruz, Nick Senzel, Camilo Doval, Andrew Abbott, Austin Slater, Estrada, Flores, Bailey, Meckler, Abbott, Davis Organizations: San Francisco Giants, Cincinnati Reds, Giants, Reds, Philadelphia Phillies, Chicago Cubs, Arizona Diamondbacks, National League, De La Salle High School, Los Angeles Angels, The Reds, Thomson Locations: Oakland, Concord, Calif, Philadelphia

☆ NFL roundup: Aaron Rodgers makes Jets debut in win vs. Giants
▼ + stars: | 2023-08-27 | by ( ) www.reuters.com time to read: +7 min

John Kelly Jr. later rushed 2 yards for a score as Cleveland (1-2-1) led 22-3 after the first quarter. Kansas City finished the preseason 2-1. Daniel Carlson connected on all three field-goal attempts -- including a 62-yarder -- for the Raiders, who finish their preseason 2-1. Broncos 41, Rams 0Jarrett Stidham and Ben DiNucci combined for 353 passing yards and two touchdowns as Denver throttled visiting Los Angeles. While the Broncos' offense totaled 494 yards, the defense limited the Rams (0-3) to just 88 passing yards and 159 total yards while notching a pair of interceptions and two sacks.

Persons: Aaron Rodgers, Robert Saleh, Ed Mulholland, Rodgers, Garrett Wilson, Zach Wilson, Tim Boyle, Alex Erickson, Brandin Echols, Tommy DeVito, Harrison Butker's, Patrick Mahomes, Deshaun Watson, David Njoku, John Kelly Jr, Chris Oladokun, Matt Bushman, Cleveland's Cade York, Josh Allen, Kyle Allen, Darrynton Evans, Justin Fields, PJ Walker, Tyson Bagent, Nate McCrary, Benny Sapp, Jordan Love, Alex McGough, Green Bay's Emanuel Wilson, McCrary, Drew Lock, Seattle QB Holton Ahlers, Sapp, David Blough, Clayton Tune, Arizona's Matt Prater, Jaren Hall, Greg Joseph, Jake Fromm, Jacoby Brissett, Trevor Siemian, Reid Sinnett, Shedrick Jackson, Kyle Trask, Chase McLaughlin, Trask, Josh Johnson, Laquan Treadwell, Owen Wright, McLaughlin, Travis Etienne Jr, D'Ernest Johnson, JaMychal Hasty, Beathard, Trevor Lawrence, Miami's Skylar Thompson, Tua Tagovailoa, Chris Brooks, Will Grier, Grier, Trey Lance, Daniel Carlson, Damien Williams, Jarrett Stidham, Ben DiNucci, Jaleel McLaughlin, Tony Jones Jr, Tyler Badie, Albert Okwuegbunam Organizations: New York Jets, New York Giants, MetLife, Jets, Giants, Chiefs, Browns, Kansas City, Cleveland, Bills, Bears, Buffalo, Chicago, Packers, Seahawks, Green, Seattle, Cardinals, Vikings, Minnesota, Bengals, Cincinnati, Buccaneers, Ravens, Tampa Bay, Bay, Jaguars, Dolphins, Jacksonville, Miami, Cowboys, Raiders, Dallas, Las Vegas, Las Vegas TD, Broncos, Rams, Denver, The Broncos, Thomson Locations: East Rutherford , New Jersey, USA, East Rutherford, N.J, Kansas, Seattle, Arizona, Minneapolis, Washington, Landover, Md, Baltimore, Arlington , Texas, Los Angeles

☆ MLB roundup: A's top Rays on 'reverse boycott' night
▼ + stars: | 2023-06-14 | by ( ) www.reuters.com time to read: +11 min

Jose Abreu notched his 1,500th career hit and became the fourth player in franchise history to score 1,000 runs. Nationals starter Patrick Corbin (4-7) allowed two runs on four hits in five innings. Giants starter Alex Cobb allowed two runs on five hits and two walks in four innings. Ortiz was charged with four runs and also allowed six hits over 5 1/3 innings for the Pirates. Mariners 9, Marlins 3George Kirby pitched six strong innings and Mike Ford hit two home runs as Seattle defeated visiting Miami.

Persons: Ramon Laureano, Cary Edmondson, Hogan Harris, John Fisher, Laureano, Colin Poche, Carlos Perez's grounder, Isaac Paredes, Harris, Shintaro Fujinami, Hunter Brown, Mauricio Dubon, Kyle Tucker, Martin Maldonado, Chas McCormick, Brown, Jose Abreu, Patrick Corbin, Michael Conforto, Louis, J.D, Davis, Mitch Haniger, Mike Yastrzemski, Patrick Bailey, Alex Cobb, Keaton Winn, Jack Flaherty, Gunnar Henderson, Henderson, Adam Frazier, Ryan O'Hearn, Aaron Hicks, Baltimore's Dean Kremer, Chris Bassitt, Will Smith, David Peralta, Tony Gonsolin, Lance Lynn, Gary Sanchez, Fernando Tatis Jr, Joe Musgrove, Josh Hader, Tanner Bibee, Juan Soto, Tatis, Manny Machado's flyout, Xander Bogaerts, Jake Cronenworth, Sanchez, Padre, Bryson Stott, Kyle Schwarber, Nick Castellanos, Alex Bohm, Bryce Harper, Zack Wheeler, Wheeler, Corbin Carroll, Christian Walker, Zach Davies, Carlos Correa, Michael A, Taylor, Devin Williams, Edouard Julien, Willi Castro, Donovan Solano's, Correa, Williams, Randal Grichuk, Grichuk's, Justin Garza, Coco Montes, Nolan Jones, Jurickson Profar, Rafael Devers, Daniel Bard, Pierce Johnson, Josh Donaldson, DJ LeMahieu, Brandon Nimmo, Jeff McNeil, Drew Smith, Ron Marinaccio, Josh Walker, Hunter Renfroe, Zach Neto, Shohei Ohtani, Jimmy Herget, Carlos Estevez, Nathaniel Lowe, Corey Seager, Owen White, Elly De La Cruz, Spencer Steer's, Kevin Newman's, Stuart Fairchild, TJ Friedl, Jordan Lyles, Lyles, Ian Happ, Jameson Taillon, Happ, Luis L, Ortiz, Jack Suwinski, Christopher Morel, George Kirby, Mike Ford, Cal Raleigh, Jose Caballero, Garrett Cooper, Chris Flexen Organizations: Oakland Athletics, Tampa Bay Rays, Oakland, Alameda County Coliseum, Astros, Houston, Washington, Giants, Cardinals, San Francisco, St, Orioles, Blue Jays, Baltimore, Toronto, American, Dodgers, White Sox, Padres, Guardians, Cleveland, Phillies, Diamondbacks, Philadelphia, Brewers, Minnesota, Milwaukee, Twins, Red Sox, Boston, Rockies, Yankees, Mets, Big Apple, Rangers, Angels, Los Angeles, Reds, Royals, Cincinnati Reds, Kansas City, The Reds, Cubs, Pirates, Chicago, Pittsburgh, Mariners, Marlins, Seattle, Miami, Cal, Kirby, Thomson Locations: Oakland , California, USA, Vegas, Angeles, Chicago, Cincinnati, Philadelphia, Seattle, San Diego, Cleveland, Phoenix, Arizona, Minneapolis, Minnesota, Colorado, Grichuk, Arlington , Texas, Pittsburgh, Raleigh, Ford

☆ Alibaba plans to list cloud division as quarterly revenue misses expectations
▼ + stars: | 2023-05-18 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

In this article BABABABA Follow your favorite stocks CREATE FREE ACCOUNTAlibaba Cloud, the cloud computing subsidiary of Alibaba, unveiled its ChatGPT-style product Tongyi Qianwen during the 2023 Alibaba Cloud Summit on Tuesday morning. Bloomberg | Bloomberg | Getty ImagesAlibaba announced plans to spin off its cloud division as a separate, publicly traded company, while the e-commerce titan's quarterly revenue missed expectations. In its Thursday report, Alibaba said it plans to spin off its cloud division as a newly listed company, subject to restructuring certain assets, liabilities and contracts, and regulatory approvals. Dan Ives, an analyst at Wedbush Securities, said Alibaba's cloud spin-off plan was a "no brainer strategic move that we believe adds to the sum of the parts valuation on BABA." "We believe this was a step in the right direction for the Alibaba story," Ives told CNBC in emailed comments Thursday.

☆ MLB roundup: White Sox surge past Rays, snap 10-game skid
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +12 min

[1/6] Apr 30, 2023; Chicago, Illinois, USA; Chicago White Sox first baseman Andrew Vaughn (25) watches his game-winning three-run home run against the Tampa Bay Rays during the ninth inning at Guaranteed Rate Field. Christian Bethancourt added a solo homer and two RBIs. Orioles 5, Tigers 3Adam Frazier and Jorge Mateo hit solo home runs and visiting Baltimore continued its dominance of Detroit. Evan Phillips closed out the ninth inning to earn his third save. Reliever Zack Thompson (1-2) allowed two runs on one hit and two walks while retiring just two batters.

☆ MLB roundup: Cubs' Drew Smyly flirts with perfection vs. Dodgers
▼ + stars: | 2023-04-22 | by ( ) www.reuters.com time to read: +11 min

Los Angeles starter Julio Urias (3-2) allowed five runs, seven hits (including two homers) and two walks in 3 1/3 innings. Seven of Urias' 10 earned runs allowed this season have come against Chicago. Philadelphia starter Aaron Nola tossed a season-high seven innings and allowed four hits and three runs with three strikeouts and three walks. Pittsburgh starter Mitch Keller (2-0) allowed two runs and four hits in six innings, with five strikeouts and a walk. Pivetta (1-1) allowed three runs on seven hits in 5 2/3 innings, striking out seven with one walk.

☆ Bloomberg plans to integrate GPT-style A.I. into its terminal
▼ + stars: | 2023-04-13 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Bloomberg LP has developed an AI model using the same underlying technology as OpenAI's GPT, and plans to integrate it into features delivered through its terminal software, a company official said in an interview with CNBC. Bloomberg says that Bloomberg GPT, an internal AI model, can more accurately answer questions like "CEO of Citigroup Inc? The move also shows how the AI market may not be dominated by giants with massive amounts of generalized data. The company was able to use freely available, off-the-shelf AI methods and apply them to its massive store of proprietary — if niche — data. It also can do some "generative AI" applications, like suggesting a new headline based on a short paragraph.

[1/2] Bottles of Campa Cola and Coca Cola are displayed at a Reliance Smart supermarket in Mumbai, India March 20, 2023. Other well known tycoons have tried to go toe-to-toe with the drinks giants, and failed, most notably Richard Branson with his Virgin Cola. The smallest bottles of Campa Cola and Coke both cost 10 rupees, while Pepsi starts from 12 rupees. Reliance did not respond to a request for comment, while Pepsi said it doesn't comment on competition as a policy. Another city store employee said 30 Campa bottles were being sold for every 100 of Pepsi and Coca-Cola.

☆ Spring training roundup: A's yield inside-the-park HR, rally past Angels
▼ + stars: | 2023-03-22 | by ( ) www.reuters.com time to read: +5 min

Taylor Ward scored an inside-the-park home run for the Angels in the first inning. Ward's liner to center got past a diving Esteury Ruiz, and the A's were slow to chase it down. Jake Cave hit his third homer of spring training for Philadelphia, while Pirates veteran Andrew McCutchen hit his first of the spring, a two-run shot. Washington got a two-run homer from Victor Robles and outhit St. Louis 15-6. The Giants had 16 hits, hanging six hits and six runs on Dodgers starter Noah Syndergaard (1-2) over 4 1/3 innings.

☆ Credit Suisse, the Risk-Taking Swiss Banking Giant, Succumbs to Crisis
▼ + stars: | 2023-03-20 | by ( Joe Wallace | Eliot Brown | ) www.wsj.com time to read: 1 min

Credit Suisse Group AG, the Swiss banking giant that liked to live dangerously, has run out of road. The bank struck a deal this weekend to be bought by rival UBS Group AG after an uncontrolled slide in its stock and bonds. The agreement marks the end of 167 years as an independent institution, a humbling comedown for a bank that once went toe-to-toe with U.S. giants on Wall Street and boasted a market value greater than that of Goldman Sachs Group Inc.

Google , Netflix , Meta , Apple , Amazon and Microsoft generate nearly half of all internet traffic today. Big Tech firms say this would amount to an "internet tax" that could undermine net neutrality. They bemoaned spending billions on laying cables and installing antennas to cope with rising internet demand without corresponding investments from Big Tech. One suggestion is to require individual bargaining deals with the Big Tech firms, similar to Australian licensing models between news publishers and internet platforms. "The imbalance is not down to Big Tech, it's not down to streamers, and it's not down to telcos.

☆ France's Capgemini sees weaker revenue growth as demand slows
▼ + stars: | 2023-02-21 | by ( ) www.reuters.com time to read: +1 min

Feb 21 (Reuters) - French IT consulting group Capgemini (CAPP.PA) on Tuesday forecast weaker 2023 revenue growth due to slowing demand for its cloud, data and artificial intelligence services in the uncertain macroeconomic environment. The group's revenue reached 22 billion euros ($23.48 billion) last year, while its bookings totalled 23.7 billion euros, an increase of 16.8% at constant exchange rates. The results come at a time when slowing growth, soaring inflation and a looming recession have pushed IT companies including U.S. giants Alphabet (GOOGL.O), Microsoft (MSFT.O) and Amazon (AMZN.O) to slash jobs. The Paris-based company also forecast 2023 operating margin in a range of 13.0% to 13.2%, and organic free cash flow of around 1.8 billion euros. ($1 = 0.9371 euros)Reporting by Lina Golovnya in Gdansk; Editing by Milla NissiOur Standards: The Thomson Reuters Trust Principles.

☆ Column: Fantasy league matchmaking between oil majors and transition upstarts
▼ + stars: | 2023-02-10 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +6 min

But the eye-catching headline numbers also drew scrutiny from climate trackers and policymakers anxious to see fossil fuel majors show leadership in the renewable energy field. Reuters GraphicsSome of so-called Big 5 majors, especially Europe-based firms BP (BP.L), Shell (SHEL.L) and TotalEnergies (TTEF.PA), already boast major business segments tied to renewable energy. Big exposure to U.S.-based production assets, along with lucrative export streams of oil, gas and fuel were key drivers behind the outsized earnings of U.S. firms. Both firms operate at the front edge of the energy transition in different sectors, and present potentially appealing entry points for majors seeking access to fast-growing specialist areas. As the largest utility company in the United States, the firm is already in the starting line-up for any energy sector discussion.

☆ Saudi Arabia says tech giants to invest more than $9 billion in kingdom
▼ + stars: | 2023-02-06 | by ( ) www.reuters.com time to read: +2 min

RIYADH, Feb 6 (Reuters) - Saudi Arabia has attracted more than $9 billion in investments in future technologies, including by U.S. giants Microsoft (MSFT.O) and Oracle Corp (ORCL.N), which are building cloud regions in the kingdom, a government minister said on Monday. Saudi Minister of Communication and Information Technology Abdullah Alswaha said Microsoft will invest $2.1 billion in a global super-scaler cloud, while Oracle has committed $1.5 billion to build a new cloud region in Riyadh. Saudi officials have pressed international companies to invest in the kingdom and move their regional headquarters to Riyadh in order to benefit from government contracts. The minister said China's Huawei (HWT.UL) will also invest $400 million in cloud infrastructure for its services in Saudi Arabia and another cloud region in partnership with oil giant Aramco (2222.SE). An additional $4.5 billion was invested in global and local assets across multiple sectors at the forum, Alswaha added.

☆ Buy this Chinese tech giant to play a $284 billion video gaming opportunity: Goldman Sachs
▼ + stars: | 2023-02-03 | by ( Zavier Ong | ) www.cnbc.com time to read: +2 min

U.S. giants Activision Blizzard and Roblox have long been investor favorites for exposure to the video gaming sector, but Goldman Sachs has an alternative pick to play the sector. Alternative pick Against this backdrop, Goldman is betting on tech giant Tencent to play the sector's rapid growth in China – the world's largest online game market. Tencent is expected to grow its game revenue by 9% annually into 2024, according to Goldman, with international gaming revenue making up about 30% of Tencent's total revenue by 2030. While a number of factors have undermined global games revenue growth in 2022, Goldman expects the market to rebound by 5% and 7% in 2023 and 2024, respectively. As such, the bank said the industry is set for exponential growth into 2026 and has forecast global online game revenue to expand at a compounded rate of 4.4% annually to $284 billion in 2026.

☆ Brazil's Petrobras third-quarter profit rises 48%
▼ + stars: | 2022-11-03 | by ( ) www.reuters.com time to read: +1 min

SAO PAULO, Nov 3 (Reuters) - Brazil's state-run oil firm Petrobras (PETR4.SA) on Thursday posted a stronger than expected 48% surge in third-quarter profit, boosted by higher prices for Brent crude . Petroleo Brasileiro SA, as it is formally known, reported net profit of 46.1 billion reais ($9.01 billion), above the 43.37 billion reais forecast of analysts polled by Refinitiv. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) rose 50.5% from a year earlier to 91.42 billion reais, also beating analysts' 88 billion reais estimate. The average price of Brent crude over July to September was $100.85, Petrobras said, significantly higher than the $73.47 it recorded a year earlier. Earlier on Thursday, Petrobras had said it would distribute some 43.68 billion reais ($8.5 billion) in dividends.

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