Roger Waters says Nazi outfit at Berlin concert was anti-fascist

Roger Waters says Nazi outfit at Berlin concert was anti-fascist

BERLIN/LONDON, May 27 (Reuters) – Pink Floyd co-founder Roger Waters said he opposed fascism and bigotry when he wore a Nazi-style uniform on stage during a concert in Berlin which led the German police to open an investigation into the British. musician. The 79-year-old said the aspects of his performance at Berlin’s Mercedes-Benz Arena that … Read more

ChatGPT maker OpenAI says it has no plans to leave Europe

ChatGPT maker OpenAI says it has no plans to leave Europe

OpenAI CEO rescinds earlier threat to leave Europe Dit had a productive week of AI regulation conversations European lawmakers criticized OpenAI’s threat zone May 26 (Reuters) – OpenAI has no plans to leave Europe, CEO Sam Altman said on Friday, reversing a threat made earlier this week to leave the region if it became too … Read more

Elon Musk’s Neuralink says it has FDA approval to study brain implants in humans

Elon Musk’s Neuralink says it has FDA approval to study brain implants in humans

May 25 (Reuters) – Neuralink, Elon Musk’s brain implant company, said on Thursday that the U.S. Food and Drug Administration (FDA) had given the green light to its first human clinical trial, a critical step after earlier difficulties in obtaining approval. The FDA approval “represents an important first step that will one day allow our … Read more

Nvidia shares soar almost 30% as sales forecasts rise and AI explodes

Nvidia shares soar almost 30% as sales forecasts rise and AI explodes

May 24 (Reuters) – Nvidia Corp on Wednesday forecast second-quarter revenue more than 50% above Wall Street estimates, and said it was increasing supply to meet demand. growing demand for its artificial intelligence chips, which are used for power ChatGPT and many similar services. Shares of Nvidia, the world’s most valuable listed semiconductor company, soared … Read more

Stars step out for Cannes premiere of Wes Anderson’s ‘Asteroid City’

Stars step out for Cannes premiere of Wes Anderson’s ‘Asteroid City’

(1/5) The 76th Cannes Film Festival – Screening of the film ‘Asteroid City’ in competition – Red Carpet Arrivals – Cannes, France, May 23, 2023. Director Wes Anderson and cast members Matt Dillon, Scarlett Johansson, Jason Schwartzman, Tom Hanks, Jeffrey Wright and Damien Bonnard pose. REUTERS/Sarah… Learn more CANNES, May 23 (Reuters) – A busload … Read more

PacWest shares jump after selling $2.6 billion home loan

PacWest shares jump after selling .6 billion home loan

May 22 (Reuters) – Shares of PacWest Bancorp (PACW.O) jumped on Monday after the troubled regional lender announced it had agreed to sell $2.6 billion in construction home loans at a price reduced in order to improve its balance sheet. PacWest shares rose nearly 20% on the deal, giving the Los Angeles-based bank breathing space … Read more

Novo Nordisk, Pfizer diet pills work just as well as injections

Novo Nordisk, Pfizer diet pills work just as well as injections

COPENHAGEN, May 22 (Reuters) – Novo Nordisk (NOVOb.CO) and Pfizer Inc (PFE.N) released data separately on Monday showing that pills in the same class as Novo’s increasingly popular diet drugs, such as than Wegovy, are about as effective as these injected drugs, giving a boost to both companies’ stocks. Novo Nordisk said data from a … Read more

JPMorgan sees net interest income increase by $3 billion thanks to First Republic deal

JPMorgan sees net interest income increase by  billion thanks to First Republic deal

NEW YORK, May 22 (Reuters) – JPMorgan Chase & Co’s (JPM.N) net interest income will rise by $3 billion as it earns more interest on its purchase of bankrupt First Republic Bank this year , executives told investors Monday. The largest US lender expects its net interest income to reach $84 billion thanks to higher … Read more

Regulators are dusting off rulebooks to tackle generative AI like ChatGPT

Regulators are dusting off rulebooks to tackle generative AI like ChatGPT

Watchdogs race to keep up with massive AI rollout While waiting for new laws, regulators adapt existing ones Generative tools face privacy, copyright and other challenges LONDON/STOCKHOLM, May 22 (Reuters) – As the race to develop more powerful artificial intelligence services such as ChatGPT heats up, some regulators are relying on old laws to control … Read more

Markets pissed off as US debt ceiling nears critical moment

Markets pissed off as US debt ceiling nears critical moment

Asian scholarships: S&P 500 futures down 0.1%, Japanese Nikkei flat US debt ceiling talks to resume after deadlock Powell less warmongering than feared; Yellen warns against further bank mergers G7 to reduce trade dependency on China, Beijing partially bans Micron SYDNEY, May 22 (Reuters) – Asian stocks and Wall Street futures struggled on Monday as … Read more