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...The technology companies building AI are keen to focus on its utility in driving efficiencies within newsrooms and enhancing journalism and are happy to pay millions to preserve longstanding relationships...
...Researchers have called for more comprehensive data and transparency from AI firms, including a breakdown of how much different computing services consume, for example, search engines versus AI services....
...The California Public Utilities Commission gave the green light to full commercial robotaxi services in the city despite objections from San Francisco officials who claimed the vehicles have not been proven...
...Cruise and its rival Alphabet-owned Waymo were granted permission by the California Public Utilities Commission in August to run driverless taxi services throughout the city....
...taxi services throughout San Francisco without any restrictions....
...What could be the embattled utility’s most valuable asset — Hawaii’s third-largest bank — could also be a liability, The Wall Street Journal reports....
...A vote to consider Waymo’s request to collect fares and Cruise’s application to run a daytime service has been postponed to mid-July....
...Robotaxis have gummed up the San Francisco’s fire department’s services 55 times in the past year, its chief Jeanine Nicholson told the California Public Utilities Commission....
...It was a big moment in a lawsuit accusing the bank of profiting from human trafficking by providing financial services to Epstein over a 15-year period....
...It basically looks like a massive near-$28bn bet on a grimy future where sanitation will be the in-demand service. Mad Max, but with even more garbage....
...Risky risk on Here’s an updated version of one of our go-to charts, sector performance within the S&P 500: The most defensive sectors — utilities, healthcare, consumer staples — are the bottom of the league...
...The sale to the buyout firms was “part of a wider trend of highway and utilities services being sold to private equity, but there is money to be made in that space”, he added....
...The company had made good progress with investments in plastics recycling and energy from waste services, he said....
...JH: We want to make it alive with information and services....
...One of the industry’s earliest major deals was H&F’s 2014 sale of a $750mn minority interest in Kronos, a seller of cloud-based time sheet services, to a group of buyers led by Blackstone, that were willing...
...By increasing competition, the idea was that electricity would become cheaper and the service better for consumers....
...Turning tech platforms into quasi-utilities would be a big step for a country that celebrates business success....
...And there is commonsense fairness to equal pay for equal service. The calculus for government is more nuanced....
...But the problem is that, with cheaper services, comes more demand and more data centres....
...Facebook and Twitter are railroad-like monopolies and require utility-style regulation....
...The transition from tech disrupter to regulated online utility is under way. Details were not disclosed and may yet disappoint, as with previous such deals....
...As tech companies pursue their green goals, that is also starting to cause challenges for some utility grids....
...Facebook blocked sharing of news in the country, leaving users without access to news sites — plus some government health and emergency services sites — via its services....
...To some, this approach lends weight to the argument that Facebook is, in effect, a public utility, or a quasi-world government with ultimate power over free speech....
...That would, in essence, turn the company into exactly what railroad and telecom monopolies ultimately became — regulated utilities....
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