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Zoom asks staff to return to office | Business News
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Zoom, the online meetings platform that became synonymous with home working during the pandemic, has told staff to come into the office more often. Workers who live within a “commutable distance” of the company’s offices, including in the UK, will be expected to make the journey on designated team days. The California-based firm had been…
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OpenAI’s ChatGPT under investigation by Federal Trade Commission | Business News
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The US competition watchdog has launched an investigation into the creator of artificial intelligence (AI) chatbot ChatGPT. The Federal Trade Commission (FTC) has begun an examination into the ChatGPT maker, OpenAI, seeking to find out what the company’s data privacy rules are and what action it takes to stop its technology from giving wrong information.…
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Grocery delivery app Getir races to finalise funding amid sector shakedown | Business News
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Getir, the grocery delivery app which is one of the biggest operators in Britain, is racing to finalise a major fundraising that it hopes will dispel intensifying rumours about its solvency. Sky News has learnt that Getir, which is based in Turkey, is working with investors to announce a funding round by the end of…
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Underground mapping platform Delta g surfaces with £1.5m funding boost | Business News
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A start-up which uses technology to map complicated sub-surface and unseen locations to help major infrastructure projects save time and money is raising a seven-figure sum to accelerate the supply of its quantum sensors. Sky News understands that Delta g, which was spun out of the University of Birmingham, will announce on Friday that it…
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Competition watchdog to reopen talks with Microsoft over Activision Blizzard merger | Business News
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The UK competition watchdog is ready to reopen talks with Microsoft after the company agreed to halt legal proceedings over its planned merger with Activision Blizzard. The technology giant will attempt to restructure the $69bn (£56bn) deal to respond to the Competition and Markets Authority’s concerns after a breakthrough in the United States. A US…
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Microsoft-Activision merger: US court hearing begins over biggest ever tech deal | Business News
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Microsoft’s record takeover bid for video games giant Activision Blizzard has gone before a US federal court. The Windows and Xbox maker wants to buy the company best known for the Call Of Duty, Warcraft, and Diablo franchises for $69bn (£54.2bn). It would be the largest tech acquisition ever. But the UK competitions watchdog blocked…
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Bank chiefs tell Sunak to make big tech bear cost of fraud ‘pandemic’ | Business News
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The bosses of Britain’s biggest banks have told Rishi Sunak that technology companies must contribute to the cost of an online fraud “pandemic” that is undermining international investor confidence in the UK economy. Sky News has obtained a letter to the prime minister signed by the chief executives of nine lenders, including Barclays, NatWest and…
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Microsoft’s £55bn Activision takeover blocked by US court pending hearing | Business News
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A US regulator has succeeded in a bid to temporarily block Microsoft’s £55bn takeover of video game maker Activision Blizzard, preventing the deal being completed this week. The Federal Trade Commission (FTC), which opposes the tie up on competition grounds, went to court last night for a preliminary injunction. A two-day hearing, in which all…
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Cyber gang issues ultimatum to BBC, BA and Boots after hack | Business News
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The gang thought to have carried out a cyber attack on companies including BA and Boots has given victims a deadline to negotiate or have the hacked information published online. The suspected Russian group Clop, which claimed responsibility for the attack, issued the notice on the dark web to victims of the MOVEit software hack.…
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BA, BBC and Boots hit by cyber security breach with contact and bank details exposed | Business News
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The BBC, British Airways and Boots have been caught up in a cyber incident that has exposed employee personal data, including bank and contact details, to hackers. It emerged last week that a so-called zero-day vulnerability – a flaw – in the file transfer system MOVEit, produced by Progress Software, had been exploited by cyber…