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French regulator hits Google with 250-mn-euro fine
French regulator hits Google with 250-mn-euro fine
Technology
by  AFP

French regulators said Wednesday they were fining Google 250 million euros ($272 million) for breaching commitments on paying media companies for reproducing their content online and using their material for its AI chatbot without telling them.

Chinese internet giant Tencent posts lowest annual profit since 2019
Chinese internet giant Tencent posts lowest annual profit since 2019
Economy
by  AFP

Chinese internet giant Tencent on Wednesday posted its lowest annual profit since 2019, despite slight improvements recently in China's economy and a more lenient attitude taken by regulators towards the tech sector. Authorities have since relaxed their approach to regulating the vital domestic tech sector as broader concerns about the health of China's economy mount.

UK inflation slows to lowest level in almost 2.5 years
UK inflation slows to lowest level in almost 2.5 years
Economy
by  AFP

Britain's annual inflation rate fell more than expected in February, official data showed Wednesday, fuelling speculation that the Bank of England will start cutting interest rates in the coming months. "The Bank of England has already said it's not going to cut interest rates in a hurry," Sarah Coles, head of personal finance at Hargreaves Lansdown, said following Wednesday's data.