Microsoft Corp. is reportedly under FTC scrutiny for its $650 million deal with Inflection AI. The FTC is investigating if Microsoft designed the agreement to bypass antitrust review, potentially leading to fines and suspension of the deal. This investigation is part of the FTC's broader effort to monitor AI investments by major tech companies.
California-based cannabis company Lowell Farms Inc. (OTC: LOWLF)
released its financial and operational results on Tuesday afternoon for the first quarter of 2024, ending March 31.
Top executives from major U.S. chip companies have advised Biden officials to carefully assess the consequences of export restrictions to China and suggested pausing before implementing any new measures.