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Microsoft rolls out ChatGPT-powered Teams Premium

Feb 1 (Reuters) – Microsoft Corp (MSFT.O) on Wednesday rolled out a premium Teams messaging offering powered by ChatGPT to simplify meetings using the AI ​​chatbot that has taken Silicon Valley by storm. The premium service will cost $7 per month in June before increasing to $10 in July, Microsoft said. OpenAI-owned ChatGPT will generate …

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Wall Street dips as Fed decision looms; AMD boosts chipmakers

Fed’s rate decision expected at 1400 ET AMD expects a strong second half of 2023 Amgen weighs on Dow as Q4 revenue falls slightly EA cuts bookings view, shares slide Indexes down: Dow 0.64%, S&P 0.26%, Nasdaq 0.15% Feb 1 (Reuters) – US stock indexes fell on Wednesday ahead of the Federal Reserve’s decision on …

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People who posted Sam Bankman-Fried’s bail should be named, US judge rules

NEW YORK, Jan 30 (Reuters) – A US judge on Monday said the names of two people who helped guarantee bail for indicted FTX cryptocurrency exchange founder Sam Bankman-Fried should be made public, but put his ruling on hold pending an expected appeal. US District Judge Lewis Kaplan in Manhattan ruled in favor of several …

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Samsung to keep up chip investment, undeterred by 8-year-low profit

Chip profit lowest since Q1 2009 Analysts expect chip business to report Q1 loss Company flags organic chip production curb Says demand to recover starting H2 SEOUL, Jan 31 (Reuters) – South Korea’s Samsung Electronics Co Ltd (005930.KS) on Tuesday indicated it has no plan to cut investment in chips this year, even as a …

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China’s 2022 smartphone shipments the lowest in 10 years – research firm

SHANGHAI, Jan 29 (Reuters) – China’s smartphone sales fell 13% year-on-year in 2022, the largest plunge for the sector in a decade as consumers spent cautiously, market research firm IDC said on Sunday. The total number of devices shipped was 286 million, down from 329 million in 2022. That meant total 2022 sales volume was …

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FTX founder Bankman-Fried objects to tighter bail, says prosecutors ‘sandbagged’ him

NEW YORK, Jan 28 (Reuters) – Lawyers for Sam Bankman-Fried on Saturday urged a US judge not to ban the indicted FTX cryptocurrency executive from communicating with former colleagues as part of his bail, saying prosecutors “sandbagged” the process to put their client in the “worst possible light.” The lawyers were responding to a Friday …

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Intel’s ‘historic collapse’ erases $8 billion from market value

Jan 27 (Reuters) – Intel Corp (INTC.O) saw about $8 billion wiped off its market value on Friday after the US chipmaker stumped Wall Street with dismal earnings projections, fanning fears around a slump in the personal-computer market. The company predicted a surprise loss for the first quarter and its revenue forecast was $3 billion …

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Kenya’s Safaricom elects Adil Khawaja as chairman

NAIROBI, Jan 26 (Reuters) – The board of Kenya’s biggest telecoms operator Safaricom (SCOM.NR) has elected Adil Khawaja as its chairman, the company said on Thursday. Khawaja, who is a lawyer, replaces John Ngumi, who resigned from the board of the company that is partly owned by South Africa’s Vodacom (VODJ.J) and Britain’s Vodafone (VOD.L), …

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