By Blake Brittain (Reuters) – Microsoft must pay patent owner IPA Technologies $242 million, a federal jury in Delaware said on Friday after determining that Microsoft’s Cortana virtual-assistant software infringed an IPA patent. The jury agreed with IPA after a week-long trial that Microsoft’s voice-recognition technology violates IPA’s patent rights in computer-communications software. IPA is…
CHICAGO (Reuters) – Final testing of U.S. retail dairy samples came back negative for viable H5N1 bird flu virus, the Food and Drug Administration said on Friday. The FDA said it finished its laboratory research into 297 retail dairy samples tested for bird flu, after previously reporting that preliminary results showed the commercial milk supply…
By Anna Tong (Reuters) -OpenAI plans to announce its artificial intelligence-powered search product on Monday, according to two sources familiar with the matter, raising the stakes in its competition with search king Google. The announcement date, though subject to change, has not been previously reported. Bloomberg and the Information have reported that Microsoft-backed OpenAI is…
(Reuters) – Chicago Federal Reserve President Austan Goolsbee on Friday said he believes U.S. monetary policy is “relatively restrictive,” meaning that borrowing costs are putting downward pressure on inflation. Increased supply, including on the labor side, makes it difficult to interpret if strong job gains and economic growth indicate any worrisome overheating, he said at…
By Josh Ye HONG KONG (Reuters) – The Biden administration plans to put guardrails on U.S.-developed artificial intelligence (AI) models that power popular chatbots like ChatGPT to safeguard the technology from countries such as China and Russia, Reuters has reported. But China in the past year has built its own domestic generative AI industry and…
PANAMA CITY (Reuters) -Ramon Fonseca, who co-founded the now defunct law firm linked to the Panama Papers scandal, died overnight in hospital, his lawyer told Reuters on Thursday morning. “He had been hospitalized since the start of April,” Fonseca’s lawyer Guillermina McDonald said in a phone call, without saying for what Fonseca was being treated….
By Ashitha Shivaprasad (Reuters) – Gold prices firmed on Friday, poised for their best week since April 5, following recent economic data that boosted bets of an interest rate cut from the Federal Reserve. Spot gold gained 0.2% at $2,350.87 per ounce by 0212 GMT after hitting a more than two-week high earlier. Prices have…
