Jun 14, 2023
US producer inflation subsides as energy, food prices drop

By Lucia Mutikani WASHINGTON (Reuters) - U.S. producer prices fell more than expected in May as the costs of energy goods and food declined, signaling that inflation pressures were abating throughout the economy and could eventually provide relief to consumers.…

Jun 13, 2023
Meta releases ‘human-like’ AI image creation model

By Katie Paul NEW YORK (Reuters) - Meta Platforms said on Tuesday that it would provide researchers with access to components of a new "human-like" artificial intelligence model that it said can analyze and complete unfinished images more accurately than…

Jun 12, 2023
Billionaire George Soros hands control of empire to son Alex

(Reuters) -Billionaire financier George Soros is handing control of his massive empire to his son Alexander, a Soros spokesperson said on Sunday. The spokesperson confirmed the details from an interview with Soros published in The Wall Street Journal on Sunday.…

Jun 09, 2023
U.S. House proposal would prohibit family seating fees

By David Shepardson WASHINGTON (Reuters) -A U.S. House committee will take up a aviation bill next week that would bar airlines from charging family seating fees but would not set minimum seat size requirements or impose new rules to compensate…

Jun 08, 2023
Instagram, YouTube, TikTok, Twitter target of EU crypto advertising complaint

By Foo Yun Chee BRUSSELS (Reuters) - Meta Platforms' Instagram, Alphabet's YouTube, TikTok and Twitter could face regulatory action after European consumer group BEUC complained to the European Commission and consumer authorities that the online platforms allegedly facilitate the misleading…

Jun 07, 2023
US proposes training, pilot certification rules for air taxis

WASHINGTON (Reuters) -The U.S. aviation regulator said on Wednesday it was proposing comprehensive training and pilot certification rules for flying taxis, electric vertical takeoff and landing aircraft (eVTOL), which have been touted as the future of urban air mobility. Low-altitude…