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

Elon Musk briefly loses his title as the richest person in the world to LVMH’s Arnault – Forbes

Elon Musk briefly loses his title as the richest person in the world to LVMH’s Arnault – Forbes

Dec 7 (Reuters) – Twitter owner and Tesla (TSLA.O) boss Elon Musk briefly lost his title as the world’s richest person on Wednesday, according to Forbes, following a sharp drop in the value of its stake in the electric car manufacturer. and a $44 billion bet on the social media company. Bernard Arnault, chief executive … 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

Toyota offers cheaper Prius if customers take software updates

Toyota offers cheaper Prius if customers take software updates

TOKYO, Dec 7 (Reuters) – Toyota Motor Corp’s leasing unit (7203.T) said on Wednesday it would start offering over-the-air safety updates to the new Prius, betting it can use an approach developed by Tesla to reduce rental prices and preserve the values ​​of used cars in Japan. The lease program will require customers to opt … 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

Exclusive: Goldman Sachs on the hunt for cheap crypto firms after FTX fiasco

Exclusive: Goldman Sachs on the hunt for cheap crypto firms after FTX fiasco

LONDON, Dec 6 (Reuters) – Goldman Sachs (GS.N) plans to spend tens of millions of dollars buying or investing in crypto companies after the FTX stock market crash hit valuations and chilled the market. interest of investors. The FTX implosion has increased the need for more trusted and regulated cryptocurrency players, and big banks see … 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

Wall St slips as services data spooks investors over Fed rate hikes

Wall St slips as services data spooks investors over Fed rate hikes

U.S. service sector activity picks up in November Tesla cuts Shanghai factory production plan for December – sources All S&P 500 sectors pull back, with energy stocks hit hard Indices down: Dow 1.4%, S&P 1.79%, Nasdaq 1.93% Dec 5 (Reuters) – U.S. markets ended lower on Monday as investors spooked by better-than-expected data from the … Read more