Category Archives: 24/7 Newsroom News

Microsoft Resolves European Union Probe Into Teams

Microsoft Resolves European Union Probe Into Teams

LONDON (AP) — European Union regulators have accepted Microsoft’s proposed changes to its Teams app to resolve an antitrust investigation. The European Commission announced on Friday that Microsoft’s commitments to unbundle Teams from its Office software suite are enough to address competition concerns. These commitments are legally binding for up to 10 years, allowing Microsoft…MORE

US Electric Grids Under Pressure From Energy-Hungry Data Centers Are Changing Strategy

US Electric Grids Under Pressure From Energy-Hungry Data Centers Are Changing Strategy

HARRISBURG, Pa. (AP) — As Big Tech’s data centers continue to grow threatening to overload U.S. electricity grids, policymakers are considering bumping the energy-hungry data centers off grids during power emergencies. Texas moved first to try to protect residents in the data-center hotspot from another deadly blackout like the winter storm in 2021 when dozens…MORE

Boeing Workers Reject Their Latest Contract Offer, Extending Strike at Three Midwest Plants

Boeing Workers Reject Their Latest Contract Offer, Extending Strike at Three Midwest Plants

Boeing workers have rejected another contract proposal, extending their nearly six-week strike at three Midwest plants. The union representing 3,200 workers announced the decision on Friday. These workers build fighter jets, weapons systems and the U.S. Navy’s first carrier-based unmanned aircraft. They’ve been on strike since Aug. 4, shortly after they rejected an earlier proposal…MORE

Bessent Will Meet Chinese Officials in Spain for Trade and Tik-Tok Talks

Bessent Will Meet Chinese Officials in Spain for Trade and Tik-Tok Talks

WASHINGTON (AP) — U.S. Treasury Secretary Scott Bessent is traveling to Madrid this weekend for trade talks with Chinese counterparts. He will meet Chinese Vice Premier He Lifeng to discuss tariffs and national security issues, including TikTok ownership. This will be the fourth round of discussions this year, following meetings in London, Geneva, and Stockholm.…MORE

Open AI Reaches New Agreement With Microsoft to Change Its Corporate Structure

Open AI Reaches New Agreement With Microsoft to Change Its Corporate Structure

OpenAI has reached a new tentative agreement with Microsoft and said its nonprofit, which technically controls its business, will now be given a $100 billion equity stake in its for-profit corporation. The maker of ChatGPT said it had reached a new nonbinding agreement with Microsoft “for the next phase of our partnership.” The announcements on…MORE