BUSINESS

Alibaba Announces Surprise Departure Of Ex-CEO

Alibaba CEO Daniel Zhang has stepped down just as he was due to take over the firm's cloud computing branch
Chinese e-commerce giant Alibaba has announced the surprise departure of former CEO Daniel Zhang, who had been set Monday to take charge of a key subsidiary as the firm undergoes a major restructuring.
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The switch to clean energy risks being braked by 'geopolitical fractures,' says Birol

Global Tensions Risk Clean Energy Progress: IEA Chief

The head of the International Energy Agency urged the United States and China to set aside their differences and align on climate change, warning in an interview Monday that "geopolitical fractures" risked holding back the clean energy transition.
Visitors walk past the Baidu booth during the World Artificial Intelligence Conference (WAIC) in Shanghai

China's Baidu Rolls Out ChatGPT Rival To Public

China's Baidu rolled out its ChatGPT rival ERNIE Bot to the public on Thursday, in a major leap for the country's tech sector as it aims to cash in on the global artificial intelligence gold rush.
Instagram influencers reach millions of followers

Oil Firms Pay Insta, TikTok Influencers For Ads

Oil companies are paying popular influencers to pump their gas on social media, sparking a backlash from some climate-conscious fans for promoting planet-warming fossil fuels among young people.
Poland's Iga Swiatek powered into the second round of the US Open with a straight sets victory against Sweden's Rebecca Peterson

Swiatek Off The Mark As Djokovic Eyes No.1 At US Open

Iga Swiatek launched the defence of her US Open crown with an emphatic opening victory on Monday as Novak Djokovic eyed a return to the top of the men's world rankings on his long-awaited return to the tournament.
ChatGPT creator OpenAI will open its first office outside California in London

ChatGPT Turns To Business As Popularity Wanes

OpenAI on Monday said it was launching a business version of ChatGPT as its artificial intelligence sensation grapples with declining usership nine months after its historic debut.
UN experts have written to oil firm Saudi Aramco over allegations that their activities are fuelling climate change-related negative impacts on human rights

UN Experts Challenge Saudi Aramco Over Climate Change

The letters said UN experts had received information "concerning Saudi Aramco's business activities... which are adversely impacting the promotion and protection of human rights in the context of climate change".
Tech giant Microsoft has submitted a new proposal to buy Activision Blizzard

Microsoft Submits New Activision Deal To UK Regulator

Microsoft has submitted a new proposal to Britain's competition regulator for the acquisition of video gaming giant Activision Blizzard, the watchdog said Tuesday, after a previous version of the deal was blocked.

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