Google ordered to open its Android app store to competition

SAN FRANCISCO (AP) - A federal judge on Monday ordered Google to tear down the digital walls shielding its Android app store from competition as a punishment for maintaining an illegal monopoly that helped expand the company’s internet empire.

KLM plans 'painful' cost-cutting to combat high costs

THE HAGUE, Netherlands (AP) - Dutch airline KLM announced a "painful" round of cost-cutting and other measures Thursday aimed at boosting the carrier's finances as it continues to recover from the COVID pandemic that grounded planes worldwide.

What's next for oil prices as Middle East tensions heat up?

Oil prices climbed this week as tensions in the Middle East escalated. Iran launched missiles at Israel and the Israelis threatened retaliation, raising the possibility of a disruption to the flow of oil from the region. A jump in oil prices automatically spurs fear of a spike in gas prices, but experts see reasons that may not happen.

ChatGPT maker OpenAI raises $6.6 billion

OpenAI said Wednesday it has raised $6.6 billion in venture capital investments as part of a broader shift by the ChatGPT maker away from its nonprofit roots. Led by venture capital firm Thrive Capital, the funding round was backed by tech giants Microsoft, Nvidia and SoftBank.

Google injecting its search engine with more artificial intelligence

SAN FRANCISCO (AP) - Google is injecting its search engine with more artificial intelligence that will enable people to voice questions about images and occasionally organize an entire page of results, despite the technology’s past misadventures with misleading information.

Pound Drops Over 1% Against Dollar and Euro

The British pound plunged more than 1% against both the U.S. dollar and the euro on Thursday after comments from Bank of England (BOE) Governor Andrew Bailey hinted at a possible shift towards more aggressive interest rate cuts, if inflation data continues to improve.

Shein to Hold Investor Meetings Ahead of Potential London IPO

Shein, the online retail giant, is expected to host informal investor meetings in the coming weeks as part of its preparation for an upcoming initial public offering (IPO) in London, according to three sources familiar with the matter.