Google must delete ‘manifestly inaccurate’ data, says EU’s highest court

Google must delete ‘manifestly inaccurate’ data, says EU’s highest court

LUXEMBOURG, Dec 8 (Reuters) – The Google Alphabet unit (GOOGL.O) must remove data from online search results if users can prove it to be inaccurate, Europe’s top court ruled on Thursday. Free speech advocates and privacy advocates have clashed in recent years over people’s “right to be forgotten” online, meaning they should be able to … Read more

Pentagon splits $9 billion cloud deal between Google, Amazon, Oracle and Microsoft

Pentagon splits  billion cloud deal between Google, Amazon, Oracle and Microsoft

Dec 7 (Reuters) – The Pentagon has awarded cloud computing contracts worth $9 billion to Alphabet Inc. Google (GOOGL.O), Amazon Web Services Inc (AMZN.O), Microsoft Corp (MSFT. O) and Oracle Corp Wednesday. The Joint Warfighting Cloud Capability (JWCC) is the multi-cloud successor to the Joint Enterprise Defense Infrastructure (JEDI), which was an IT modernization project … Read more

California offshore wind auction tops $460 million on second day

California offshore wind auction tops 0 million on second day

Dec 7 (Reuters) – The first-ever offshore wind development rights auction off California entered its second day on Wednesday, with high bids topping $460 million. The Biden administration’s sale is a major step in its goal to install turbines along all of America’s coasts and a critical test of developers’ appetite for investment in floating … Read more

China’s trade suffers worst slump in 2½ years as COVID woes and weak demand take their toll

China’s trade suffers worst slump in 2½ years as COVID woes and weak demand take their toll

China’s Worst Exports Since February 2020, Forecast Wrong Imports fall the most since May 2020 due to sluggish demand Global economic downturn, China’s COVID woes increase pressure Politburo meeting points to key driver of domestic demand in 2023, analyst says BEIJING, Dec 7 (Reuters) – China’s exports and imports shrank at their fastest pace in … Read more

Wall Street dragged by recession fears, S&P on track for 4th cut

Wall Street dragged by recession fears, S&P on track for 4th cut

Meta stumbles upon EU concern report over targeted ads Energy stocks fall as crude trades at lowest level since January Indices down: Dow 1.39%, S&P 1.78%, Nasdaq 2.22% Dec 6 (Reuters) – Wall Street benchmarks fell again on Tuesday, with the S&P 500 on track for a fourth consecutive decline, amid uncertainty around the direction … Read more

US Army awards Black Hawk replacement contract to Textron’s Bell

US Army awards Black Hawk replacement contract to Textron’s Bell

WASHINGTON, Dec 5 (Reuters) – The U.S. military on Monday awarded the contract for its next-generation helicopter to Textron Inc’s Bell Unit (TXT.N), ending a years-long competition for the technology that will replace the Black Hawk utility helicopter. . The Army’s “Future Vertical Lift” competition was aimed at finding a replacement as the Army seeks … Read more