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Ubisoft finalises Tencent accord as it resumes trading

After a week away from the markets’ glare when the postponement of its results triggered speculation in the gaming world, French video game firm Ubisoft resumed trading Friday with a stock rise and finalisation of an accord with Chinese tech giant Tencent. Tencent will become a minority shareholder in a new Ubisoft subsidiary, Vantage Studios,…

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Foxconn expands AI push with OpenAI deal

Optimism over AI has sent tech company valuations sky-high, leading to fears of a bubble and fuelling recent stock market volatility [File] | Photo Credit: REUTERS Taiwanese tech giant Foxconn and OpenAI announced Friday an agreement to design and build AI data centre hardware, the latest in a string of infrastructure deals for the U.S….

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CCI moves NCLAT to seek clarification in WhatsApp case

Competition watchdog CCI has approached the NCLAT to seek clarity over its recent judgment in the WhatsApp case, and asked whether the order implies that user consent is needed in cases where data is used for advertising or for non-advertising purposes. Earlier this month, the appellate tribunal granted partial relief to WhatsApp after setting aside…

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