Stock market today: Asian shares mostly fall despite solid signs of U.S. growth

Stock market today: Asian shares mostly fall despite solid signs of U.S. growth

TOKYO (AP) — Asian shares were mostly lower on Friday despite upbeat news on the U.S. economy, with Japan’s benchmark falling after the latest data showed inflation has been slowing faster than expected. Tokyo’s Nikkei 225 declined 1.1% to 35,847.71 in morning trading as a key measure of inflation showed it slowed faster than expected … Read more

AI’s future could be ‘open-source’ or closed. Tech giants are divided as they lobby regulators

AI’s future could be ‘open-source’ or closed. Tech giants are divided as they lobby regulators

Tech leaders have been vocal proponents of the need to regulate artificial intelligence, but they’re also lobbying hard to make sure the new rules work in their favor. That’s not to say they all want the same thing. Facebook parent Meta and IBM on Tuesday launched a new group called the AI Alliance that’s advocating … Read more

Huawei, Tencent grow in patent holdings as China fosters own tech: report

Huawei, Tencent grow in patent holdings as China fosters own tech: report

Chinese companies have accelerated in global patent holdings amid escalating U.S.-China tensions, according to a report. Chinese firms such as Huawei and Tencent accounted for six of the top 10 global patent holdings in the cybersecurity technology sector as of August. This comes as growing U.S. and China tensions have pushed the latter and its homegrown … Read more