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Musk launches Grokipedia to rival 'left-biased' Wikipedia
Musk launches Grokipedia to rival 'left-biased' Wikipedia
by  AFP

Elon Musk's company xAI has launched a website called Grokipedia to compete with online encyclopedia Wikipedia, which he and others on the American right wing have accused of ideological bias. Several right-wing figures welcomed the launch of Grokipedia.

Amazon cuts staff by 14,000
Amazon cuts staff by 14,000
by  AFP

US online retail and cloud computing giant Amazon said Tuesday that it is reducing its workforce by 14,000 posts to streamline operations as it invests in artificial intelligence, without saying where the cuts will be made. Amazon chief executive Andy Jassy has lauded the potential of AI to streamline workplace operations, from engaging with customers online to making offices more efficient.

Asian markets cool as Trump hails ties on Japan trip
Asian markets cool as Trump hails ties on Japan trip
by  AFP

Asian markets cooled off Tuesday after the previous day's surge as traders digested Donald Trump's visit to Asian ally Japan, ahead of his high-stakes talks with Chinese President Xi Jinping later this week. In Tokyo on Tuesday, Trump met new Japanese Prime Minister Sanae Takaichi, declaring that the United States was "an ally at the strongest level".

HSBC profit falls in third quarter, hit by legal woes
HSBC profit falls in third quarter, hit by legal woes
by  AFP

HSBC reported a 14 percent drop in third-quarter pre-tax profit on Tuesday, with the banking giant's bottom line weighed down by legal provisions related to the late Bernard Madoff's huge investment fraud. The profit of $7.3 billion -- down 14 percent from the same quarter last year -- reflected an increase in operating expenses and included legal provisions of $1.4 billion, HSBC said.