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Google to initiate anti-misinformation campaign ahead of EU elections

Viewers watching the ads on YouTube will be asked to fill in a short multiple-choice questionnaire, designed to gauge what they have learned about misinformation

OpenAI introduces AI model 'Sora' that turns text into minute-long videos

Social media giant Meta Platforms beefed up its image generation model Emu last year to add two AI-based features that can edit and generate videos from text prompts

Ukraine needs $486 bn to rebuild after nearly 2 years of war: World Bank

Disruptions to economic output and trade, as well as other war-related costs, such as removing debris, would likely add another $499 billion, it said

US warned allies about Russian space, nuclear capabilities: Report

The new capabilities, related to Russian attempts to develop a space-based weapon, do not pose an urgent threat to the United States, the source said

US retail sales decline sharply in Jan, weekly jobless claims fall

Retail sales dropped 0.8% last month, the Commerce Department's Census Bureau said on Thursday, also likely weighed down by winter storms

German economy to shrink by 0.5% in 2024 on weak domestic demand: Report

A DIHK poll of more than 27,000 companies showed that of those surveyed, 35% expect business to deteriorate in the next 12 months with only 14% expecting an improvement

US Federal Reserve releases scenarios for 2024 bank "stress tests"

Fed's annual 'stress tests' dictate how much capital banks need to be healthy and how much they can return to shareholders via share buybacks and dividends

The Independent in talks to take control of BuzzFeed, HuffPost: Report

The Independent will assume all editorial and commercial control of BuzzFeed in the UK under a licensing deal for its various brands, according to report, which cited people familiar with the talks

FB, Instagram to charge Apple service fee for posts 'boosted' via iOS apps

Advertisers will be able to boost their content on Instagram and Facebook via a browser without paying the Apple service charges, the social media giant said

Govt hikes windfall tax on petroleum crude to Rs 3,300 a tonne from Feb 16

It will also increase a windfall tax on diesel, that had been reduced to zero, to 1.50 rupees a litre, the order showed

Pfizer agrees to pay $93 million to settle Lipitor antitrust lawsuit

Attorneys for Lipitor purchasers including Rochester Drug Co-Operative Inc and Puerto Rico's Drogueria Betances LLC disclosed the agreement in a filing on Wednesday in US court in Trenton, New Jersey

JPMorgan Chase, State Street drop out of largest investor climate group

The changes "are not consistent with our independent approach to proxy voting and portfolio company engagement," said State Street spokesman Randall Jensen

RBI orders Visa to stop unauthorised B2B card payment system: Report

Business-to-business payments via cards include payments by businesses to their vendors and in some cases tax payments by small units

Anil Agarwal's Vedanta Resources sells stake worth Rs 1,737 crore

Finsider International, part of billionaire Anil Agarwal-led Vedanta Resources, sold more than 65.5 million Vedanta Ltd shares at 265.14 rupees each, the data showed

Crude oil prices decline as IEA flags slower demand growth this year

Brent crude futures fell 37 cents, or 0.5%, to $81.23 a barrel by 1008 GMT. U.S. West Texas Intermediate crude futures declined 44 cents, or 0.6%, to $76.20

DGGI summons officials of foreign airlines over tax evasion: Report

The Directorate General of GST Intelligence (DGGI) was seeking clarification over payment of crew salaries and staff expenses at the offices of the international airlines, the report said

Indian banks' margins set to fall, credit growth to moderate in FY25: S&P

If credit and deposit growth rates remain steady, a period of deposit competition would loom and further squeeze bank margins, it said

Redington expects demand for AI-enabled PCs powering tech upgrades

Redington has been sharpening its focus on its cloud services business to expand beyond gadget distribution, which brings in a bulk of its revenue

RBC's US unit cuts about 100 jobs after financial losses, regulatory fine

RBC had injected about $2.95 billion into the US unit in October to bolster its capital, as a part of management actions to improve profitability at City National

Hyundai seeks expansion and higher valuation with its $3 bn IPO in India

Hyundai, India's second-biggest carmaker behind Maruti Suzuki with a 15 per cent market share, has appointed bankers for the initial public offering which could be the country's biggest ever