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Microsoft likely to sign EU AI code of practice, Meta rebuffs guidelines BRUSSELS (Reuters) -Microsoft will likely sign the European Union’s code of practice to help companies comply with the bloc’s landmark artificial intelligence rules, its president told Reuters on Friday, while Meta Platforms rebuffed the guidelines.Drawn up by 13 independent experts, the voluntary code of pra …. Read More >>
Invesco shares reach 2-year high after filing to reclassify $360 billion ETF An Invesco subsidiary, Invesco Capital Management, filed paperwork with the Securities and Exchange Commission, seeking permission from QQQ beneficial owners to operate the ETF as a management company, according to a statement on Friday.That subsidiary will be appointed as QQQ’s investment adviser should t …. Read More >>
Fed’s Goolsbee: new tariff announcements may delay rate cuts “We need some resolution that we can count on before we can fully understand what the impact of this is,” Goolsbee said in an interview with Yahoo Finance. “Anything that makes it harder to figure out if we are on a path back to 2% inflation, anything like that is extending the timetable of when the rate c …. Read More >>
Crypto sector breaches $4 trillion in market value during pivotal week (Reuters) -The crypto sector’s market value hit $4 trillion on Friday, according to CoinGecko, marking a milestone that reflects its shift from a nascent asset class to a central part of the global investment landscape.A wave of renewed optimism, regulatory clarity in key markets and rising institutional flow …. Read More >>
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