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Ads pressured to evolve as AI changes Google search
Ads pressured to evolve as AI changes Google search
by  AFP

As Google races to lead in artificial intelligence, it faces the challenge of making sure the technology doesn't slow its profit-pumping advertising engine. - AI ad tools too - Google announced it is making AI tools available to streamline the creation of online ads, mirroring similar initiatives by Facebook-owner Meta, Google's primary rival in online advertising.

EU ready to tax Russian fertilisers as early as July
EU ready to tax Russian fertilisers as early as July
by  AFP

EU lawmakers are set to greenlight tariffs on fertiliser imports from Russia on Thursday, despite European farmers' fears the move risks sending global prices soaring. Over a quarter of the 27-nation bloc's imports of nitrogen-based fertilisers come from Russia, with more entering from Moscow ally Belarus -- which the European Commission now seeks to bring to an end.

Trump says mulling privatizing Fannie Mae and Freddie Mac
Trump says mulling privatizing Fannie Mae and Freddie Mac
by  AFP

President Donald Trump said Wednesday he was considering selling off US mortgage-backing giants Fannie Mae and Freddie Mac almost two decades after they were brought under government control during a global financial crisis.

Consumer groups want airlines to pay for baggage fees 'distress'
Consumer groups want airlines to pay for baggage fees 'distress'
by  AFP

Sixteen European consumer groups on Wednesday called on the European Union to take action against seven low-cost airlines over their baggage fees. They say that the fees and policies imposed by the airlines breach European Union aviation regulations and European Court of Justice rulings.

Apple design legend Jony Ive joins OpenAI
Apple design legend Jony Ive joins OpenAI
by  AFP

The legendary designer behind Apple's iPhone, Jony Ive, has joined OpenAI to create devices tailored for using generative artificial intelligence, according to a video posted Wednesday by the ChatGPT maker. Ive and his team will take over design at OpenAI as part of an acquisition of his startup named "IO" valued at $6.5 billion.

G7 finance chiefs begin talks under strain of Trump tariffs
G7 finance chiefs begin talks under strain of Trump tariffs
by  AFP

G7 finance leaders exchanged pleasantries before tough discussions Wednesday, seeking to restore stability in the face of economic turbulence from US President Donald Trump's punishing tariffs -- and to strengthen support for Ukraine.

Bitcoin hits record high amid optimism over US legislation
Bitcoin hits record high amid optimism over US legislation
by  AFP

Bitcoin hit a record high on Wednesday, driven by a wave of optimism over cryptocurrency legislation in the United States. Bitcoin broke back through the symbolic $100,000 threshold on May 8 for the first time since February, as Britain and the United States unveiled a trade deal.