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September 29, 2023
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Euro-zone core inflation at 1-year low, impacting ECB's stance💰
Euro-area core inflation eased to its slowest pace in a year, supporting expectations that the European Central Bank will keep interest rates on hold to gauge the impact of its unprecedented campaign of hikes.
Microsoft Considered Investing Billions in Apple Deal to Compete With Google Search 🤔
Microsoft Corp. weighed investing multiple billions of dollars in a deal with Apple Inc. in 2016 to make its Bing search engine the default on the Safari browser and better compete with Alphabet Inc.’s dominant Google, a Microsoft executive testified Thursday in court.
Meta unveils competitor to ChatGPT🤵‍♂️
Meta on Wednesday launched a conversational chatbot that will allow users to search its social media networks using artificial intelligence — an attempt to compete with OpenAI’s popular ChatGPT amid an industry-wide boom in generative AI.
Market Data
Headlines
AI
  • Amazon launches Bedrock AI service.
  • UK urges more access to AI’s inner workings for risk assessment.
  • Google offers opt-out switch for publishers from AI training data.
  • Jasper, early AI success, trims valuation amid slowed growth.
Tech
  • Tech investors in the US seek clarity on Biden’s China restrictions.
  • GameStop names Ryan Cohen CEO, no salary; shares surge.
  • Y Combinator’s Garry Tan takes a stand.
  • Fortnite‘ maker Epic Games cuts 16% of staff over spending.
Crypto
  • JPMorgan Chase Blocks Crypto Payments in UK.
  • MoneyGram Adds USDc.
  • Brazil’s crypto surge prompts central bank to tighten regulation.
  • Trump’s NFTs up 50% as poll favors him over Biden in 2024 race.
  • Metaverse sees UK politicians’ entry.
  • Taiwan crypto exchanges form association before regulations.

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