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Stock market turmoil sheds stark light on the opaque AI economy

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Investors scramble to make sense of a shock Chinese challenge to the dominance of western chipmakersEven for the rollercoaster world of AI, last week was particularly volatile as investors scrambled to keep up with developments that threatened the dominance of the largest western chipmakers.It began with a double whammy. On Monday, the Chinese memory chipmaker […]

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UK’s state investments agency hit by data breach

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Security lapse leaves sensitive information and contact details of 51 government officials exposed for 40 hoursThe public body in charge of the UK’s state investments has been pushed to improve its internal security after a data breach left “high-level management information” publicly accessible for nearly two days.UK Government Investments (UKGI), the agency that manages the

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‘We didn’t feel safe’: Booking.com users face battle to get money back

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From melted electric sockets to shabby alternatives, readers tell of dealings with platform when things go wrongJane Ripley* spent some time researching the best apartment to stay in for her family’s trip to Batumi in Georgia, eventually settling on one with an “exceptional” rating on Booking.com.But when the Ripleys arrived at 11pm on the first

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BP to sell North Sea business; AI companies lead record surge on Korea’s stock market – business live

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Live, rolling coverage as British oil company looks for buyer amid political dispute over future drilling licencesGood morning, and welcome to our live coverage of business, economics and financial markets.BP has put its North Sea oil business up for sale, saying it will try to find a buyer amid a political dispute over whether the

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