News highlights – 3 April

Written by on April 4, 2017 in News with 0 Comments

News highlights for 3 April

REUTERS/Joshua Roberts

Trump signs repeal of Obama privacy rules

WASHINGTON (Reuters) – U.S. President Donald Trump on Monday signed a repeal of Obama-era broadband privacy rules, the White House said, a victory for internet service providers and a blow to privacy advocates. Read more…

‘Stormy weather in Shortville’ – Musk mocks investors shorting Tesla

(Reuters) – As Tesla Inc’s strong quarterly vehicle deliveries sent its stock to a record high on Monday, Chief Executive Elon Musk took a swipe at traders betting the luxury electric car company is on a road to ruin. Read more…

AI spending to reach $12.5 billion this year says IDC

A new update to the Worldwide Semiannual Cognitive Artificial Intelligence Systems Spending Guide from International Data Corporation (IDC) forecasts worldwide revenues for cognitive and artificial intelligence (AI) systems will reach $12.5 billion in 2017, an increase of 59.3% over 2016. Read more…

Amazon launches business marketplace in UK – sector worth $120 billion a year

LONDON (Reuters) – Amazon.com Inc on Tuesday launched its business marketplace in Britain, selling products like office supplies, power tools, cleaning materials and lab equipment targeting an online sector worth $120.44 billion a year. Read more…

AIG may struggle to hire talent during financial turnaround

(Reuters) – A morale crisis at American International Group Inc could prevent the U.S. insurance company from keeping and hiring the talent it needs to propel it through its financial turnaround, UBS said in an analysis on Monday. Read more…

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