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Most Asian markets push higher as US inflation data looms
Most Asian markets push higher as US inflation data looms
Economy
by  AFP

Asian markets mostly rose Tuesday following the previous day's sell-off, with focus on the release of US inflation data that could play a key role in the Federal Reserve's decision-making on cutting interest rates. The prospect of US interest rates coming down this year has played a role in pushing bitcoin to new record highs, with the cryptocurrency peaking at $72,880.

Musk says will 'open source' Grok chatbot
Musk says will 'open source' Grok chatbot
Technology
by  AFP

Elon Musk on Monday said he would make his Grok chatbot, a rival to ChatGPT, open source as his feud with OpenAI deepens. "This week, @xAI will open source Grok," Musk said in a post on X, entering one of Silicon Valley's burning philosophical debates on the future of artificial intelligence.

Airbnb bans security cameras inside guest homes
Airbnb bans security cameras inside guest homes
Technology
by  AFP

Airbnb on Monday said it is banning security cameras inside guest homes so as to prioritize privacy. "Airbnb is banning the use of indoor security cameras in listings globally as part of efforts to simplify our policy on security cameras and other devices and to continue to prioritize the privacy of our community," the San Francisco-based company said in a blog post.

Reddit aims to raise $500 mn in stock market debut
Reddit aims to raise $500 mn in stock market debut
Technology
by  AFP

Reddit plans to raise some $500 million with its initial public offering of shares , using the money to improve the platform and its money-making power, according to a regulatory filing on Monday. A date for the initial public offering of shares has yet to be set.