FIVE at FIVE: Lloyds beats guidance; NatWest legal threat; Heineken mixed results; Microsoft surge; FTSE100 xxx
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Company
Microsoft Corp
NASDAQ:MSFT
Microsoft Corp is a technology company. The company develops and supports software, services, devices and solutions. Microsoft Corp’s segments include Productivity and Business Processes, Intelligent Cloud and More Personal Computing.
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Hardware & electrical equipment
AI and Big Tech: How are Apple, Microsoft and Nvidia planting their flags?
It’s the latest tech boom, but not all players are built the same
Microsoft-backed AI startup d-Matrix raises $110 million
d-Matrix is targeting computational bottlenecks in the AI space
Thames Water mulling restrictions as AI boom saps water supply
ChatGPT consumes a 500ml bottle of water for every 20 to 50 queries
UK to clampdown on in-game randomised 'loot box' transactions amid gambling fears
Industry body Ukie unveiled the measures on Tuesday following concerns over gambling issues
Microsoft Activision merger facing last-ditch block attempt in US
US regulators have appealed a denial on their attempt to block Microsoft's merger with Activision
Microsoft laying off staff again after January's mass cuts
Hundreds of staff in Washington will be among the cuts, Microsoft has said
Call of Duty exclusivity never mentioned amid takeover of creator - Microsoft chief
The prospect of limiting Call of Duty to Xbox was never mentioned amid plans to buy creator Activision, Microsoft claims
ChatGPT is key for UK investors – report
The majority of UK investors believe they could turn to ChatGPT for reliable financial advice in the future
Microsoft's Activision Blizzard deal faces block in US
US regulators have requested courts temporarily block Microsoft's proposed acquisition of Activision Blizzard
UK to host first AI summit as tech boosts economy by billions
Britain will hold the world's first AI summit this autumn
AI ban not off the table, government advisor hints
Government AI advisor Marc Warner hinted a ban was not off the table on certain types of AI
Global dividends rise as banks, oil firms lead way in rewarding shareholders
Dividends from the world's largest companies rose to US$326.7bn in the first quarter, a new record
ChatGPT boss warns US Congress on dangers of AI
‘If this technology goes wrong, it can go quite wrong.”
Google, Microsoft and White House ‘on same page’ over AI safety
Tech giant bosses were warned of increased regulation over AI development by vice president Kamala Harris
Microsoft chief joins in warnings over AI
Microsoft chief economist Michael Schwarz has become the latest to warn over the dangers of AI
Microsoft launches stunning rebuke of CMA following Activision Blizzard takeover block
‘English Channel has never been wider’ said president Brad Smith, warning of further UK tech brain drain
Archive
Big Tech earnings beats save Nasdaq from broad market selloff
The Dow closed Wednesday down 229 points, 0.7%, at 33,302, while the Nasdaq added 55 points, 0.5%, to 11.854 and the S&P 500 shed 16 points, 0.4%, to 4,056