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The chief executives of OpenAI, Microsoft and Google are among the high-profile members of a new federal board created to advise the U.S. government on the "safe and secure" development of artificial intelligence.

Traders are lookling ahead this week to the release of key U.S. inflation data and corporate earnings.

With Iran downplaying Israel's reported attack on the country, tensions between the regional rivals cooled.

While the situation remains tense, the lack of escalation over the weekend provided traders with an opportunity to pick up equities and helped push oil down.

The EU's landmark curbs on how tech titans do business online kick in from Thursday, but just how far Brussels succeeds in bringing the giants to heel will hinge on bitter battles that still lie ahead.

Tech mogul Elon Musk has filed a lawsuit against OpenAI and its CEO Sam Altman, among others, alleging breach of contractual agreements stemming from Musk's involvement in founding ChatGPT in 2015, Reuters reported on Thursday.

Several major tech companies are reshaping their workforce dynamics at the beginning of 2024, with eBay becoming the latest to announce substantial layoffs. The decision to cut 1,000 jobs, despite the company's robust profits, adds to a growing list of tech giants implementing significant workforce reductions this January.

Online retail colossus Amazon on Thursday said profit surged in the recently ended quarter on growing sales and more efficient deliveries, with its cloud business promising even better days ahead.

The European Union yesterday unveiled a list of digital giants, including Apple, Facebook owner Meta and TikTok parent ByteDance, that will face tough new curbs on how they do business, but the move could trigger a wave of legal battles.

California authorities have taken a major step forward in expanding driverless taxi services in San Francisco, giving the green light for operators Waymo and Cruise to compete with ride-share services and cabs.

Meta Platforms' Instagram, Alphabet's YouTube, TikTok and Twitter could face regulatory action after European consumer group BEUC complained to the European Commission and consumer authorities that the online platforms allegedly facilitate the misleading promotion of crypto assets.

Spain's competition watchdog has launched an investigation into Google for alleged anti-competitive practices affecting news agencies and press publications.

The probe seeks to determine if Google and its parent company Alphabet abused their "dominant position" in the Spanish market, competition watchdog CNMC said in a statement late on March 28.