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

Bankman-Fried and Ellison seek attorneys as FTX probes escalate

Bankman-Fried and Ellison seek attorneys as FTX probes escalate

NEW YORK, Dec 6 (Reuters) – FTX founder and former chief executive Sam Bankman-Fried and Caroline Ellison, head of his now-defunct trading subsidiary, called in defense attorneys as authorities Americans are investigating the collapse of the crypto exchange, according to a Bankman-Fried spokesperson and a source familiar with Ellison’s selection. Bankman-Fried has retained Mark S. … 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