WASHINGTON (Reuters) -The U.S. Federal Trade Commission said on Thursday it has referred to the Justice Department a complaint against Snap Inc., that alleges its messaging app Snapchat used an artificial intelligence chatbot that harmed young users. The consumer protection agency did not provide any further detail on the alleged harm from the My AI…
By Patrick Wingrove (Reuters) – Novo Holdings, the controlling shareholder of Novo Nordisk, hopes to double the size of its recently acquired contract drugmaker Catalent over five years, a senior partner at the investment firm said, as it prepares for a likely focus on U.S. manufacturing by President-elect Donald Trump. Novo Holdings last month closed…
(Reuters) – Microsoft said on Thursday that it is now including Copilot AI features to its Microsoft 365 suite for individual consumers, a day after it rolled out on-demand AI agents for businesses. The Windows-maker will give its customers an option to either choose a Microsoft 365 subscription plan with Copilot AI features or one…
WASHINGTON (Reuters) -U.S. President-elect Donald Trump plans to announce Sean Curran as his pick for director of the Secret Service, CNN reported on Thursday, citing multiple sources familiar with the plan. Curran has served as the special agent in charge of Trump’s security detail and was with him at the time of an assassination attempt…
WASHINGTON (Reuters) – President-elect Donald Trump’s pick for U.S. Treasury Secretary, Scott Bessent, told U.S. senators on Thursday he is interested in potentially enacting tariffs on carbon emissions. “It’s a very interesting idea that could be part of an entire tariff program,” Bessent told the Senate Finance Commmittee, “President Trump hasn’t taken office yet but…
By Nqobile Dludla CAPE TOWN (Reuters) – U.S. e-commerce giant Amazon.com opened on Thursday a walk-in centre in South Africa that it says will help its independent sellers attract more customers and expand their businesses, while it also seeks to gain market share. For Amazon – which is striving to catch up with market-leader Takealot,…
By Katie Paul NEW YORK – Chinese social media app RedNote, known in China as Xiaohongshu, gained nearly 3 million U.S. users in one day earlier this week as a flood of self-proclaimed “TikTok Refugees” joined, according to new data from analytics firm Similarweb. The Chinese-language app had about 3.4 million daily active users across…
By Andrea Shalal WASHINGTON (Reuters) – The World Bank on Thursday warned that U.S. across-the-board tariffs of 10% could reduce already lackluster global economic growth of 2.7% in 2025 by 0.3 percentage point if America’s trading partners retaliate with tariffs of their own. Such tariffs, promised by U.S. President-elect Donald Trump, could cut U.S. growth…
