Tag Archives: Tensions

By Simon Jessop LONDON (Reuters) – Global shares rose for the 11th day in a row to reach a fresh peak on optimism about the rollout of COVID-19 vaccines and new fiscal aid from Washington, while tensions in the Middle East drove oil to a 13-month high. As more people are vaccinated across key markets such as the United States, and with U.S. President Joe Biden looking to pump an extra $1.9 trillion in stimulus into the economy, the so-called reflation trade has gathered steam in recent days. On… Source link

The letter, sent to CEO Sundar Pichai, is titled “The future of Ethical AI at Google.” It lays out the moves the researchers want the company to make in order to “rebuild trust” with the team and create an environment in which they can continue their work. The team researches the ethical repercussions of artificial intelligence and advises the company on AI policies and products. It comes in the wake of the sudden exit of Timnit Gebru, who until early December was the co-leader of Google’s… Source link

Google has hired a top executive from pharmaceutical company AstraZeneca to oversee its personnel policies amid ongoing tensions with many employees who are upset with the company’s policies. The hiring of Fiona Cicconi also comes while Alphabet’s GOOGL, +0.50% GOOG, +0.44% Google sets up plans to allow people to continue to work from home for at least eight more months. The Mountain View, California, internet… Source link

(Bloomberg) — Apple Inc. will soon invite a mainland Chinese company into the exclusive club of global iPhone assemblers, marking the biggest change to a decade-old production model just as Washington-Beijing tensions escalate. Luxshare Precision Industry Co. struck a deal to acquire Wistron Corp.’s iPhone unit and become the first mainland company to assemble Apple’s marquee device. It’s another win for a company that went from making cables and antennas to AirPods, sending its shares… Source link