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demo
Browse files- dataset_creation/save_news_url.tsv +16 -0
- dataset_creation/textLength.xlsx +0 -0
- dataset_creation/tickers_numAndAvg.xlsx +0 -0
- news/ADBE/2023.03.06/Adobe to Announce Q1 FY2023 Earnings Results & Host Conference Call March 15.txt +12 -0
- news/GOOGL/2023.03.06/After playing wage catch-up, U.S. firms may have found their footing.txt +1 -0
- news/GOOGL/2023.03.06/GM's Cruise to focus on cost cuts as it ramps up robotaxis.txt +0 -0
- news/GOOGL/2023.03.06/Meta will keep releasing AI tools despite leak claims.txt +27 -0
- news/GOOGL/2023.03.06/Microsoft expands ChatGPT integration to more developer tools.txt +1 -0
- news/GOOGL/2023.03.06/Microsoft integrates AI behind ChatGPT to more developer tools.txt +28 -0
- news/GOOGL/2023.03.06/New EU-US data pact may come too late for Facebook -regulator.txt +1 -0
- news/GOOGL/2023.03.06/Radio company SiriusXM cuts workforce by 8%.txt +16 -0
- news/GOOGL/2023.03.06/S&P 500 barely gains ahead of Powell testimony, jobs report.txt +57 -0
- news/GOOGL/2023.03.06/Tech-sponsored study criticises plan to exclude non-EU cloud vendors.txt +1 -0
- news/GOOGL/2023.03.06/U.S. Justice Dept opposes Google bid to move advertising antitrust case to New York.txt +1 -0
- news/GOOGL/2023.03.06/Wall St pares gains with Powell testimony, upcoming data in focus.txt +47 -0
- news/GOOGL/2023.03.08/Meta reported to plan thousands more job cuts .txt +0 -0
- static/js/index.js +0 -6
- static/js/news.js +6 -0
dataset_creation/save_news_url.tsv
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12251 GOOG 2023.03.02 EU's Vestager says scrutiny of competition in metaverse already needed https://www.marketscreener.com//quote/stock/ALPHABET-INC-24203373/news/EU-s-Vestager-says-scrutiny-of-competition-in-metaverse-already-needed-43133146/
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12252 GOOG 2023.03.02 Russia's Tinkoff banking app removed from App Store https://www.marketscreener.com//quote/stock/APPLE-INC-4849/news/Russia-s-Tinkoff-banking-app-removed-from-App-Store-43132201/
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12253 GOOG 2023.03.01 Musk: 'AI stresses me out' https://www.marketscreener.com//business-leaders/Elon-Musk-1364/news/Musk-AI-stresses-me-out--43131119/
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12251 GOOG 2023.03.02 EU's Vestager says scrutiny of competition in metaverse already needed https://www.marketscreener.com//quote/stock/ALPHABET-INC-24203373/news/EU-s-Vestager-says-scrutiny-of-competition-in-metaverse-already-needed-43133146/
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12252 GOOG 2023.03.02 Russia's Tinkoff banking app removed from App Store https://www.marketscreener.com//quote/stock/APPLE-INC-4849/news/Russia-s-Tinkoff-banking-app-removed-from-App-Store-43132201/
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12253 GOOG 2023.03.01 Musk: 'AI stresses me out' https://www.marketscreener.com//business-leaders/Elon-Musk-1364/news/Musk-AI-stresses-me-out--43131119/
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12254 ADBE 2023.03.06 Adobe to Announce Q1 FY2023 Earnings Results & Host Conference Call March 15 https://www.marketscreener.com//quote/stock/ADOBE-INC-4844/news/Adobe-to-Announce-Q1-FY2023-Earnings-Results-Host-Conference-Call-March-15-43172734/
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12255 ABNB 2023.03.06 Transcript : Airbnb, Inc. Presents at Morgan Stanley Technology, Media & Tele.. https://www.marketscreener.com//quote/stock/AIRBNB-INC-116310849/news/Transcript-Airbnb-Inc-Presents-at-Morgan-Stanley-Technology-Media-Telecom-Conference-Mar-06-43174732/
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12256 GOOGL 2023.03.08 Meta reported to plan thousands more job cuts https://www.marketscreener.com//news/latest/Meta-reported-to-plan-thousands-more-job-cuts--43179951/
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12257 GOOGL 2023.03.06 GM's Cruise to focus on cost cuts as it ramps up robotaxis https://www.marketscreener.com//news/latest/GM-s-Cruise-to-focus-on-cost-cuts-as-it-ramps-up-robotaxis--43174942/
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12258 GOOGL 2023.03.06 New EU-US data pact may come too late for Facebook -regulator https://www.marketscreener.com//quote/stock/META-PLATFORMS-INC-10547141/news/New-EU-US-data-pact-may-come-too-late-for-Facebook-regulator-43174717/
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12259 GOOGL 2023.03.06 Meta will keep releasing AI tools despite leak claims https://www.marketscreener.com//quote/stock/META-PLATFORMS-INC-10547141/news/Meta-will-keep-releasing-AI-tools-despite-leak-claims-43174594/
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12260 GOOGL 2023.03.06 S&P 500 barely gains ahead of Powell testimony, jobs report https://www.marketscreener.com//quote/stock/MICROSOFT-CORPORATION-4835/news/S-P-500-barely-gains-ahead-of-Powell-testimony-jobs-report-43173954/
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12261 GOOGL 2023.03.06 Wall St pares gains with Powell testimony, upcoming data in focus https://www.marketscreener.com//quote/stock/ALPHABET-INC-24203373/news/Wall-St-pares-gains-with-Powell-testimony-upcoming-data-in-focus-43173111/
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12262 GOOGL 2023.03.06 Microsoft integrates AI behind ChatGPT to more developer tools https://www.marketscreener.com//quote/stock/MICROSOFT-CORPORATION-4835/news/Microsoft-integrates-AI-behind-ChatGPT-to-more-developer-tools-43172916/
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12263 GOOGL 2023.03.06 Sirius XM to Cut 8% of Workforce, Citing Economic Uncertainty https://www.marketscreener.com//quote/stock/SIRIUS-XM-HOLDINGS-INC-14962202/news/Sirius-XM-to-Cut-8-of-Workforce-Citing-Economic-Uncertainty-43172703/
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12264 GOOGL 2023.03.06 U.S. Justice Dept opposes Google bid to move advertising antitrust case to New York https://www.marketscreener.com//quote/stock/ALPHABET-INC-24203373/news/U-S-Justice-Dept-opposes-Google-bid-to-move-advertising-antitrust-case-to-New-York-43172150/
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12265 GOOGL 2023.03.06 Radio company SiriusXM cuts workforce by 8% https://www.marketscreener.com//quote/stock/SIRIUS-XM-HOLDINGS-INC-14962202/news/Radio-company-SiriusXM-cuts-workforce-by-8-43171453/
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12266 GOOGL 2023.03.06 Microsoft expands ChatGPT integration to more developer tools https://www.marketscreener.com//quote/stock/BAIDU-INC-120803046/news/Microsoft-expands-ChatGPT-integration-to-more-developer-tools-43170612/
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12267 GOOGL 2023.03.06 After playing wage catch-up, U.S. firms may have found their footing https://www.marketscreener.com//quote/stock/AMAZON-COM-INC-12864605/news/After-playing-wage-catch-up-U-S-firms-may-have-found-their-footing-43168446/
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12268 GOOGL 2023.03.06 Tech-sponsored study criticises plan to exclude non-EU cloud vendors https://www.marketscreener.com//quote/stock/AMAZON-COM-INC-12864605/news/Tech-sponsored-study-criticises-plan-to-exclude-non-EU-cloud-vendors-43166446/
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12269 GOOGL 2023.03.05 Analysis-Foxconn races to become an EV player and the clock is ticking https://www.marketscreener.com//news/latest/Analysis-Foxconn-races-to-become-an-EV-player-and-the-clock-is-ticking--43166274/
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dataset_creation/textLength.xlsx
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dataset_creation/tickers_numAndAvg.xlsx
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news/ADBE/2023.03.06/Adobe to Announce Q1 FY2023 Earnings Results & Host Conference Call March 15.txt
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Today, Adobe (Nasdaq:ADBE) announced it will release its first quarter fiscal year 2023 results after the market closes on Wednesday, Mar. 15, 2023, followed by a conference call with investors at 2 p.m. Pacific Time.
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The conference call will be streamed live on the Adobe Investor Relations Site. Following the call, a recording and related materials will be available on the site.
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Adobe uses its website as a channel of distribution of material company information. Financial, product and other material information regarding the company is routinely posted on and accessible at www.adobe.com/ADBE.
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About Adobe
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Adobe is changing the world through digital experiences. For more information, visit www.adobe.com.
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© 2023 Adobe. All rights reserved. Adobe and the Adobe logo are either registered trademarks or trademarks of Adobe in the United States and/or other countries. All other trademarks are the property of their respective owners.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20230306005197/en/
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news/GOOGL/2023.03.06/After playing wage catch-up, U.S. firms may have found their footing.txt
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It took two years, sequential wage hikes totaling 20%-30%, and new pick-your-own-schedule software, but Sprint Mart human resources chief Chris McKinney said the Mississippi-based firm has rounded the corner, with headcount stable at around 1,400 and enough applications in the pipeline to account for turnover."We started gaining traction six to nine months back, returning to where we felt we need to be," after staffing dipped as low as 1,100, he said. "We are getting the applications, and we are in a mode right now that we aren't chasing a never-ending increase in hourly wages."In the Federal Reserve's quest to tame inflation and find a stopping point for interest rate increases, few dynamics will be as important as what played out in Sprint Mart's drive to coax workers back to the sort of front-line service jobs hit hardest by the pandemic.Graphic: Wages gains slow https://www.reuters.com/graphics/USA-FED/EMPLOYMENT/xmvjknjngpr/chart.pngFed officials, chief among them Chair Jerome Powell, have singled out hiring and wage trends in the broad service sector as central to their outlook for inflation and, therefore, monetary policy. While there is disagreement about the degree to which wage increases directly influence price hikes, Powell in particular has said the recent pace of wage growth - anywhere from 4.4% to over 6% annually according to two common measures - is inconsistent with the Fed's inflation mandate. That target is defined as a 2% annual increase in the Personal Consumption Expenditures price index, which as of January was rising at a 5.4% annual rate. Powell this week will deliver his semiannual report to Congress on monetary policy and the economy, testifying before the Senate Banking Committee on Tuesday and House Financial Services Committee on Wednesday.If Sprint Mart's experience is any indication, the situation may be slowly improving in the Fed's favor as companies bit-by-bit finish the wage, benefit and working-condition adjustments needed to stay competitive in the post-pandemic economy and, as McKinney put it, "ease off the gas."Businesses "are looking to have more workers than fewer. That is a general proposition," Atlanta Fed President Raphael Bostic told reporters last week. Yet they also "expect to ratchet down the pace of wage increases and eventually expect it to normalize...We are hearing a great consensus that this is still in catch-up mode and that it will attenuate."Graphic: Jobs boom, population bust https://www.reuters.com/graphics/USA-FED/EMPLOYMENT/lgpdkoxnbvo/chart.png'TENTATIVE SIGNS'While the job market overall remains tight, with millions more workers needed than are available, Atlanta Fed Vice President and Senior Economist Jon Willis said recent data and surveys show good reasons to think wage growth will keep slowing.After pandemic-era adjustments, companies "are very much aware that they do not want to get wages too much out of alignment with long-term plans," he said. Data like a recent jump in those choosing part-time work suggests firms are using flexibility on hours and other incentives short of higher wages to attract employees. Upcoming data will tell the tale more fully, including the latest federal survey on job openings and layoffs released Wednesday, followed Friday by an employment report for February that will include an update on wage growth.Like Willis, private economists and analysts at payroll firms and staffing companies also see a labor market that is stressed but adjusting.A recent Goldman Sachs study concluded wage growth should continue slowing even with the current low unemployment rate of 3.4%. Once pandemic-related changes are completed, companies won't have to perpetually ratchet worker incentives beyond the new baseline, Goldman Sachs economist Manuel Abecasis wrote. Between lower inflation, a slow but steady drop in job openings, and a wrapping up of pandemic adjustments, wage growth should fall by the end of next year to the 3.5% annual rate considered more consistent with the Fed's inflation goals.Fed officials at their Jan. 31-Feb. 1 meeting appeared to generally agree there were "tentative signs" hiring was getting easier and growth in employment costs was slowing, meeting minutes showed.A blowout 517,000 new jobs added in January raised some concerns that the economy remained too hot. But even that came with slowing wage growth, and the gain was amplified by seasonal adjustments used to factor out expected swings in hiring during holidays and summer. Firms apparently retained more holiday staff than usual, which may mute future seasonal hiring and bring the labor market closer to balance. Graphic: Quits rate comes off the boil https://www.reuters.com/graphics/USA-FED/EMPLOYMENT/jnvwyalalvw/chart.pngPICKING UP THE SLACKAn index of job openings from hiring firm Indeed remains above pre-pandemic levels, but has been trending down. The closely watched "quits" rate, considered a proxy for the overall strength of the labor market, has been falling for about a year even as it remains above pre-pandemic levels.There also have been high-profile layoffs. But while rounds of firing at companies like Alphabet Inc's Google and Facebook-parent Meta Platforms have roiled the tech industry, other firms are picking up the slack. "It's not a big surprise that larger companies are the ones doing layoffs. They overachieved" during the pandemic, said Dave Gilbertson, vice president of payroll provider UKG. The company's analysis showed time clock punches at firms of more than 5,000 dropped 3% in January.By contrast firms in the 50 to 250 employee range, often strong contributors to U.S. job growth, accounted for more than half of average net hiring over the three months ending in December, the largest share since the start of the pandemic, according to federal job openings and hiring data. Nela Richardson, chief economist at payroll processor ADP, said even as economy-wide hiring remains strong, the tech layoffs may be helping mute overall wage growth.ADP information shows the median tech sector salary is in decline, with layoffs adding to the available worker pool. A drop she has seen in overall job turnover rates likely also means less worker bargaining power than earlier in the pandemic."If that is a trend...we would expect there would be less drive for wage growth," she said. (Reporting by Howard Schneider; Editing by Dan Burns and Andrea Ricci)By Howard Schneider
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news/GOOGL/2023.03.06/GM's Cruise to focus on cost cuts as it ramps up robotaxis.txt
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news/GOOGL/2023.03.06/Meta will keep releasing AI tools despite leak claims.txt
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March 6 (Reuters) - Meta Platforms Inc on
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Monday said it will continue to release its artificial
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intelligence tools to approved researchers despite claims on
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online message boards that its latest large language model had
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leaked to unauthorized users."While the model is not accessible to all, and some have
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tried to circumvent the approval process, we believe the current
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release strategy allows us to balance responsibility and
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openness," Meta said in a statement.Facebook owner Meta maintains a major AI research arm and
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last month released LLaMA, short for Large Language Model Meta
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AI. Meta claimed that the model can achieve the kind of
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human-like conversational abilities of AI systems designed by
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ChatGPT creator OpenAI and Alphabet Inc while using
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far less computing power.Unlike some rivals such as OpenAI, which keeps tight
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wraps on its technology and charges software developers to
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access it, Meta's AI research arm shares most of its work
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openly. But AI tools also contain the potential for abuse, such
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as creating and spreading false information.To avoid those kinds of misuse, Meta makes its tools
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available to researchers and other entities affiliated with
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government, civil society and academia under a non-commercial
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license after a vetting process.Last week, users on the online forum 4Chan claimed to have
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made the model available for download. Reuters could not
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independently verify those claims.In its statement, Meta said its LLaMA release was handled in
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the same way as previous models and that it does not plan to
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change its strategy."It’s Meta's goal to share state-of-the-art AI models
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with members of the research community to help us evaluate and
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improve those models," Meta said.(Reporting by Stephen Nellis in San Francisco; Editing by
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Leslie Adler and Sam Holmes)
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news/GOOGL/2023.03.06/Microsoft expands ChatGPT integration to more developer tools.txt
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Big tech companies from Alphabet Inc to Baidu Inc are speeding up the integration of generative AI - technology that has gained popularity for its ability to generate human-like text responses to queries - into their offerings.Microsoft said a line of business-intelligence and app-development tools within Power Platform, including Power Virtual Agent and AI Builder, was updated with the new capabilities. Power Virtual Agent, a tool for businesses to build chatbots, can now connect to internal company resources to generate summaries of weekly reports and customer queries.Microsoft has also added generative AI capabilities to AI Builder, which lets businesses automate workflows, and Dynamics 365, a business management platform. The features will only be available in the United States.Last month, the software giant added OpenAI's ChatGPT to its Bing search and Edge browser. (Reporting by Yuvraj Malik in Bengaluru; Editing by Pooja Desai)
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news/GOOGL/2023.03.06/Microsoft integrates AI behind ChatGPT to more developer tools.txt
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March 6 (Reuters) - Microsoft Corp on Monday
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bundled the technology behind ChatGPT with its Power Platform
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that allows users to develop applications with little or no
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coding, the latest integration of artificial intelligence into
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its products.Big tech companies from Alphabet Inc to Baidu Inc
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are speeding up the integration of generative AI -
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technology that has gained popularity for its ability to
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generate human-like text responses to queries - into their
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offerings.Microsoft said a line of business-intelligence and
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app-development tools within Power Platform, including Power
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Virtual Agent and AI Builder, was updated with the new
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capabilities.Power Virtual Agent, a tool for businesses to build
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chatbots, can now connect to internal company resources to
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generate summaries of weekly reports and customer queries.Microsoft has also added generative AI capabilities to AI
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Builder, which lets businesses automate workflows, and launched
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a new version of its business management platform Dynamics 365
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based on the technology.Dynamics 365 Copilot, the latest version of Microsoft's
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tool that includes a number of applications for sales, customer
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service and marketing, integrates AI to automate certain tasks
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like data gathering and analysis or creating an email campaign,
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among other capabilities.Microsoft also said on Monday that Chief Executive Satya
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Nadella would host an event on March 16 to discuss "reinventing
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productivity with AI."The company so far has announced AI updates for its
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popular Windows operating system and search engine Bing but not
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yet for its Office productivity suite, which includes Word and
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Excel.
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(Reporting by Yuvraj Malik in Bengaluru; Editing by Pooja Desai
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and Maju Samuel)
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news/GOOGL/2023.03.06/New EU-US data pact may come too late for Facebook -regulator.txt
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Facebook owner Meta, which has warned a stoppage could force it to suspend Facebook services in Europe, declined to comment on the possible timing of the regulator's decision or the new pact's entry into force. European Union regulators led by Ireland's Data Protection Commissioner (DPC) Helen Dixon are finalising a ban on the legal tool used by Facebook to transfer European user data because of concerns U.S. intelligence agencies could access them.In an interview, Dixon said the ban could be in place by mid-May while a new EU-U.S data protection framework that would provide an alternative basis for the transfers might take longer."There is certainly a chance of that. More than a chance, I would say," said Dixon, who is lead European regulator for U.S. technology firms, including Apple, Google and Twitter, as their regional headquarters are in Ireland. "They could be very close in timeline or the DPC's suspension order could come into effect in advance," Dixon told Reuters. "Things are coming down to the wire."The suspension could create a precedent for other firms. It must be signed off by other European regulators by April 13, and after that, Dixon said she would have another month to issue a ruling. A spokesperson for Meta said the company "welcomes the progress policymakers have made towards ensuring the continued transfer of data across borders and awaits the regulator's final decision on this matter."NEW FRAMEWORKOfficials have said the new EU-U.S. framework, which aims to offer EU citizens the same level of data protection as under European law, may be ready by summer. "They are still talking about July," Dixon said. It is expected to face legal challenge from critics who believe it is too weak. Two previous U.S.-EU pacts, Safe Harbour and Privacy Shield, were struck down by the European Union's top court.Dixon said she and her fellow regulators were positive about the new deal and that the European Commission was confident it would survive court challenge. Critics, such as privacy campaigner Max Schrems have accused Dixon and her office of being under-resourced and too soft, a charge she rejected. "We are really hitting our stride, working at pace," said Dixon, whose office issued over 1 billion euros in fines last year - around two-thirds of the fines issues in the EU and Britain combined last year. It is working on 22 large-scale international cases including against Google, Meta and Tik Tok, after concluding 17 cases last year, she said. It plans to increase its staffing to around 250 this year from 200 last year and 27 when Dixon joined in 2014. (Writing by Conor Humphries; Editing by Tomasz Janowski)By Conor Humphries
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news/GOOGL/2023.03.06/Radio company SiriusXM cuts workforce by 8%.txt
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March 6 (Reuters) - SiriusXM Holdings Inc on
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Monday said it would lay off 8% of its workforce, or about 475
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employees, as the satellite radio firm takes a hit from slow
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subscriber growth.In February, the owner of podcast platform Stitcher had said
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it expects to lose subscribers this year as consumers brace for
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a recession. Weak auto sales are also expected to hurt the radio
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operator's subscriber base. The company will also cut its
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marketing budget.As on Dec. 31, 2022, SiriusXM had 5,869 full-time and
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part-time employees."Today's decision to reduce our workforce was required for
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us to maintain a sustainably profitable company," Chief
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executive Jennifer Witz said in a letter to staff. The lay offs
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will impact nearly all departments.SiriusXM joins tech titans such as Microsoft Corp
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and Google-parent Alphabet Inc thatcut headcount by the thousandsto weather a tough economy.In January, music streaming platform Spotify Technology
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also cut its workforce by 6%.
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(Reporting by Chavi Mehta in Bengaluru; Editing by Shilpi
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Majumdar)
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|
1 |
+
*Apple rises as Goldman begins coverage with 'buy'*Silvergate shares tumble after it suspends payments
|
2 |
+
network*Factory orders fall in January*Indexes: Dow up 0.12%, S&P up 0.07%, Nasdaq down 0.11%March 6 (Reuters) - The S&P 500 closed barely
|
3 |
+
higher on Monday, giving up most of its earlier gains as
|
4 |
+
investors were cautious ahead of this week's testimony from
|
5 |
+
Federal Reserve Chair Jerome Powell and the closely watched U.S.
|
6 |
+
jobs report.Earlier in the session the indexes looked much stronger with
|
7 |
+
the Nasdaq gaining more than 1% before closing lower.
|
8 |
+
The biggest boost had come from iPhone maker Apple Inc
|
9 |
+
after Goldman Sachs initiated coverage with a "buy" rating.But equities gave up earlier gains as yields on U.S. 10-year
|
10 |
+
Treasury notes and the 2-year Treasuries yield came
|
11 |
+
back from early declines after data showed new orders for
|
12 |
+
U.S.-manufactured goods fell less than expected in January.Rising bond yields tend to weigh on equity valuations,
|
13 |
+
particularly those of growth and technology stocks, as higher
|
14 |
+
rates reduce the value of future cash flows."The market is in a holding pattern because this week will
|
15 |
+
be key to shedding light on what's going on with the U.S.
|
16 |
+
economy," said Irene Tunkel, chief U.S. equity strategist for
|
17 |
+
BCA Research in New York, who plans to keep a close watch on
|
18 |
+
February's U.S. non-farm payrolls report, due out Friday."People are worried about the jobs number and the economic
|
19 |
+
data because they're worried about what the Fed will do.
|
20 |
+
Ultimately all roads lead to the Fed."And with potential Fed rate hikes their key concern,
|
21 |
+
Monday's data had already dampened investor enthusiasm, said
|
22 |
+
Shawn Cruz, head trading strategist at TD Ameritrade in Chicago."The market pullback was because there is still a lot of
|
23 |
+
work to do on inflation," said Cruz. "We're not seeing the type
|
24 |
+
of demand slowdown we need to see. The whole point of the Fed
|
25 |
+
hiking rates is to slow down the economy."The Dow Jones Industrial Average rose 40.47 points,
|
26 |
+
or 0.12%, to 33,431.44; the S&P 500 gained 2.78 points,
|
27 |
+
or 0.07%, at 4,048.42; and the Nasdaq Composite dropped
|
28 |
+
13.27 points, or 0.11%, to 11,675.74.Among the S&P's 11 major industry sectors, six ended the day
|
29 |
+
higher. The commodity-linked materials sector was the
|
30 |
+
biggest decliner, falling 1.7%, after China set a
|
31 |
+
lower-than-expected target for economic growth this year at
|
32 |
+
around 5%.The technology sector was the top gainer, with the
|
33 |
+
biggest lift from Apple, which closed up 1.9%. Other strong
|
34 |
+
boosts came from Microsoft Corp, which added 0.6%, and
|
35 |
+
Google parent Alphabet Inc, which rose 1.6%.The three main U.S. stock indexes had rallied on Friday and
|
36 |
+
notched weekly gains after comments from Fed policymakers calmed
|
37 |
+
jitters around aggressive rate hikes.But San Francisco Federal Reserve Bank President Mary Daly
|
38 |
+
said on Saturday that if inflation and labor market data
|
39 |
+
continue to come in hotter than expected, interest rates would
|
40 |
+
need to go higher and stay there longer than Fed policymakers
|
41 |
+
had projected in December.Investors will look for clues about the Fed's future rate
|
42 |
+
hiking path when Powell testifies before Congress on Tuesday and
|
43 |
+
Wednesday. Since Powell last spoke strong economic data and
|
44 |
+
hotter than expected inflation have raised concerns the Fed will
|
45 |
+
raise rates higher than expected or keep them higher for longer.Traders expect at least three more 25-basis-point hikes this
|
46 |
+
year and see interest rates peaking at 5.44% by September from
|
47 |
+
4.67% now.Shares of cryptocurrency-related companies were volatile
|
48 |
+
after Silvergate Capital Corp pulled the plug on its
|
49 |
+
crypto payments network and raised doubts about the company's
|
50 |
+
ability to stay in business. Silvergate shares closed down 6.2%
|
51 |
+
while crypto bank peer Signature Bank fell 2.5%.Declining issues outnumbered advancers on the NYSE by a
|
52 |
+
1.69-to-1 ratio; on Nasdaq, a 1.94-to-1 ratio favored decliners.The S&P 500 posted 20 new 52-week highs and one new low;
|
53 |
+
the Nasdaq Composite recorded 85 new highs and 92 new lows.On U.S. exchanges 10.57 billion shares changed hands
|
54 |
+
compared with the 10.98 billion moving average for the last 20
|
55 |
+
sessions.(Reporting by Sinéad Carew, Sruthi Shankar, Bansari Mayur
|
56 |
+
Kamdar and Shristi Achar A in Bengaluru; Editing by Vinay
|
57 |
+
Dwivedi, Anil D'Silva and Richard Chang)
|
news/GOOGL/2023.03.06/Tech-sponsored study criticises plan to exclude non-EU cloud vendors.txt
ADDED
@@ -0,0 +1 @@
|
|
|
|
|
1 |
+
The European Centre for International Political Economy (ECIPE) report, which was commissioned by the Computer and Communications Industry Association (CCIA), underscores growing private concerns about the draft label plan among U.S. tech giants, which have so far not made any public comment on it.At issue is a provision in EU cybersecurity agency ENISA's certification scheme (EUCS) that requires cloud services providers to have their registered head office and global headquarters in the EU and to operate cloud services and store and process customer data in the 27-member bloc."I think the political intention is to squeeze out foreign suppliers but it will of course have also ramifications for EU businesses that are more or less relying on cloud computing services," ECIPE Director Matthias Bauer told Reuters."Member states should now call on the cybersecurity agency and also the European Commission to abandon politically motivated EUCS immunity requirements," he added.ENISA is waiting for an opinion from EU countries, a spokesperson said and "will then finalise the scheme by taking into utmost account this opinion and submit the final candidate scheme to the European Commission".The EU executive declined to comment on the ECIPE report."The scheme should be fully in line with EU law, as well as with the EU's international commitments, including on trade," a Commission spokesperson said.ECIPE said the proposal could set a dangerous precedent for any data-intensive sector, that could see the cybersecurity label become mandatory for new technologies such as internet connected devices in energy, healthcare and autonomous driving.A ban could also trigger retaliatory measures by EU trading partners, the think tank said. (Reporting by Foo Yun Chee; Editing by Alexander Smith)By Foo Yun Chee
|
news/GOOGL/2023.03.06/U.S. Justice Dept opposes Google bid to move advertising antitrust case to New York.txt
ADDED
@@ -0,0 +1 @@
|
|
|
|
|
1 |
+
In a court filing on Friday, the Justice Department, along with Virginia and other state plaintiffs, said federal and state enforcers are owed "substantial deference" as to where they want to bring a lawsuit.The case, alleging anticompetitive abuses of advertising technology, was filed in January in Alexandria, Virginia, federal court and threatens to break up a key part of Google's business. Google has denied violating U.S. antitrust law in its digital ad practices.A lawyer for Google at Freshfields Bruckhaus Deringer and a spokesperson for the company on Monday did not immediately respond to messages seeking comment.The Justice Department declined to comment on Monday.Google's lawyers want U.S. District Judge Leonie Brinkema in Alexandria to transfer the lawsuit to Manhattan, where related antitrust cases from other states, publishers and media companies are pending as part of multidistrict litigation. Google has argued consolidation will minimize the potential for inconsistent rulings.But moving the case to the Southern District of New York won't eliminate the chance of divergent trial judgments or appellate decisions, the DOJ's lawyers said. The cases consolidated in New York can return to their originating district courts for trial, the government told Brinkema.The DOJ said in its filing that transferring the case to Manhattan would mean a trial in 2025 "at the earliest.""The need for swift action is particularly pronounced in this case given the pace of change in technology and the dynamic nature of Google's anticompetitive conduct across the ad tech industry," lawyers for the DOJ, Virginia and other states, including New York and California, said in their filing.In its bid seeking to get the DOJ case to New York, Google's lawyers said the government's "case lags far behind other pending ad tech antitrust cases" and "adds nothing of substance to those earlier-filed cases."Brinkema will weigh the dispute on Friday at a hearing.The case is United States et al v. Google LLC, U.S. District Court for the Eastern District of Virginia, 1:23-cv-00108-LMB-IDD.For DOJ: Julia Tarver Wood and Aaron Teitelbaum of the DOJFor Virginia: Andrew Ferguson of Virginia Attorney General's OfficeFor Google: Eric Mahr and Tyler Garrett of Freshfields Bruckhaus Deringer Read more:U.S. targets Google's online ad business monopoly in latest Big Tech lawsuit (Reporting by Mike Scarcella; editing by Leigh Jones)By Mike Scarcella
|
news/GOOGL/2023.03.06/Wall St pares gains with Powell testimony, upcoming data in focus.txt
ADDED
@@ -0,0 +1,47 @@
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|
|
|
|
|
|
|
1 |
+
(For a Reuters live blog on U.S., UK and European stock
|
2 |
+
markets, click or type LIVE/ in a news window.)*China's 5% growth target drag on ADRs, commodity shares*Apple rises as Goldman begins coverage with 'buy'*Crypto stocks fall as Silvergate suspends payments network*Factory orders fall in January*Indexes up: Dow 0.14%, S&P 0.26%, Nasdaq 0.27%March 6 (Reuters) -Wall Street's major indexes pared early gains on Monday and
|
3 |
+
U.S. Treasury yields rose as investors braced for this week's
|
4 |
+
testimony from Federal Reserve Chair Jerome Powell and economic
|
5 |
+
data including the jobs report.Shares of iPhone maker Apple Inc, last up 2%,
|
6 |
+
were the biggest boost for the S&P 500 index after
|
7 |
+
Goldman Sachs initiated coverage with a "buy" rating.But equities lost earlier gains as yields on U.S. 10-year
|
8 |
+
Treasury notes rebounded from an early decline after
|
9 |
+
data showed new orders for U.S.-manufactured goods fell less
|
10 |
+
than expected in January. Higher orders for machinery and a
|
11 |
+
range of other products pointed to manufacturing regaining its
|
12 |
+
footing, although civilian aircraft bookings fell.Rising bond yields tend to weigh on equity valuations,
|
13 |
+
particularly those of growth and technology stocks, as higher
|
14 |
+
rates reduce the value of future cash flows.Monday's data likely dampened investor enthusiasm, said
|
15 |
+
Shawn Cruz, head trading strategist at TD Ameritrade in Chicago."The market pullback was because there is still a lot of
|
16 |
+
work to do on inflation," said Cruz. "We're not seeing the type
|
17 |
+
of demand slowdown we need to see. The whole point of the Fed
|
18 |
+
hiking rates is to slow down the economy."The Dow Jones Industrial Average rose 45.24
|
19 |
+
points, or 0.14%, to 33,436.21; the S&P 500 gained 10.67
|
20 |
+
points, or 0.26%, at 4,056.31; and the Nasdaq Composite
|
21 |
+
added 31.23 points, or 0.27%, at 11,720.23.Six of 11 major S&P 500 sectors rose. But the
|
22 |
+
commodity-linked materials sector led decliners after
|
23 |
+
China set a lower-than-expected target for economic growth this
|
24 |
+
year at around 5%.The technology sector was the top gainer, with the
|
25 |
+
biggest boost from Apple followed by Microsoft Corp and
|
26 |
+
Google parent Alphabet Inc.The three main U.S. stock indexes had rallied on Friday and
|
27 |
+
notched weekly gains after comments from Fed policymakers calmed
|
28 |
+
jitters around aggressive rate hikes.But San Francisco Federal Reserve Bank President Mary Daly
|
29 |
+
said on Saturday that if inflation and labor market data
|
30 |
+
continue to come in hotter than expected, interest rates would
|
31 |
+
need to go higher and stay there longer than Fed policymakers
|
32 |
+
had projected in December.Investors will look for clues about the Fed's future rate
|
33 |
+
hiking path when Powell testifies before Congress on Tuesday and
|
34 |
+
Wednesday. Since Powell last spoke strong economic data and
|
35 |
+
hotter than expected inflation have raised concerns the Fed will
|
36 |
+
raise rates higher than expected or keep them higher for longer.Traders expect at least three more 25-basis-point hikes this
|
37 |
+
year and see interest rates peaking at 5.44% by September from
|
38 |
+
4.67% now.Shares of cryptocurrency-related companies fell after
|
39 |
+
Silvergate Capital Corp pulled the plug on its crypto
|
40 |
+
payments network, raising doubts about the company's ability to
|
41 |
+
stay in business. The California-based bank, which was last up
|
42 |
+
1% at $5.84, had fallen as low as $5.11. Its cryto peer
|
43 |
+
Signature Bank was down almost 2%.Declining issues outnumbered advancers on the NYSE by a
|
44 |
+
1.46-to-1 ratio; on Nasdaq, a 1.79-to-1 ratio favored decliners.The S&P 500 posted 20 new 52-week highs and one new low; the
|
45 |
+
Nasdaq Composite recorded 74 new highs and 71 new lows.(Reporting by Sinéad Carew, Sruthi Shankar, Bansari Mayur
|
46 |
+
Kamdar and Shristi Achar A in Bengaluru; Editing by Vinay
|
47 |
+
Dwivedi, Anil D'Silva and Richard Chang)
|
news/GOOGL/2023.03.08/Meta reported to plan thousands more job cuts .txt
ADDED
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|
static/js/index.js
CHANGED
@@ -41,12 +41,6 @@ $(function() {
|
|
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|
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|
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function handleReturn(output) {
|
44 |
-
// console.log("handle return ");
|
45 |
-
|
46 |
-
// console.log("close : ", output.close);
|
47 |
-
// console.log("diff : ", output.diff);
|
48 |
-
// console.log("name[0] : ", output.name[0]);
|
49 |
-
|
50 |
return output;
|
51 |
}
|
52 |
|
|
|
41 |
|
42 |
|
43 |
function handleReturn(output) {
|
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|
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|
|
|
|
|
|
|
|
|
44 |
return output;
|
45 |
}
|
46 |
|
static/js/news.js
CHANGED
@@ -246,3 +246,9 @@ function sendAjax_async(url, data, dataType, handle) {
|
|
246 |
|
247 |
return search_var
|
248 |
}
|
|
|
|
|
|
|
|
|
|
|
|
|
|
246 |
|
247 |
return search_var
|
248 |
}
|
249 |
+
|
250 |
+
|
251 |
+
|
252 |
+
function handleReturn(output) {
|
253 |
+
return output;
|
254 |
+
}
|