Weakening Lee will have widespread impact this weekend | SaltWireBRUSSELS - Companies being investigated for anti-competitive practices or billion-euro deals will continue to face rigorous EU scrutiny despite the temporary absence of antitrust supremo Margrethe Vestager, officials and industry executives said on Thursday.
Her antitrust portfolio, which include ongoing investigations into Alphabet's Google, Amazon, Apple, Meta Platforms and Microsoft, was subsequently assigned to EU justice chief Didier Reynders. His dossier also includes alleged cartels involving Volkswagen, Renault and other carmakers; between perfume manufacturers Givaudan, Firmenich, International Flavors & Fragrances, Symrise; and between fashion companies."Don't expect a caretaker commissioner to change the policy line. I don't expect wild things in the coming weeks. We have a framework in which we operate, established by Vestager," the official said on condition of anonymity.
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Increased cost of doing business the top concern among Charlottetown entrepreneurs: GCACC surveyCHARLOTTETOWN, P.E.I. — Three-quarters of Charlottetown-area entrepreneurs are concerned about the increasing cost of doing business, a recent survey by ...
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AI 'the most exciting business opportunity of our lifetime': Salesforce CEOA lot has changed from last year's Salesforce Dreamforce conference. The biggest is the focus on AI. Salesforce Co-Founder and CEO Marc Benioff (CRM) tells Yahoo Finance that AI is 'the most exciting business opportunity of our lifetime, maybe any lifetime.' 'Every business will get recreated with artificial intelligence. People are here trying to do that,' Benioff says. Benioff says in his business, for example, AI is helping engineers become more efficient. Benioff also discusses what AI means for his business and the importance of protecting customer data. AI LLM systems are 'hungry for your data, your personal data, your company data. Our customers are not so quick to turn over all their corporate assets to these LLMs,' Benioff says, adding that his company has a 'trust layer' to help companies protect data. Benioff argues that AI is coming in four different waves. The first is predictive, which has existed for the last several years. Currently, we are in the generative AI wave. The third wave will bring more autonomy, where 'you have the software working on our behalf.' The final stage is where AI is 'kind of thinking for you,' citing popular pop culture AI systems such as HAL. When it comes to how fast AI is developing, Benioff says, 'things are happening much faster than any of us realize.'
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