The fast-food chain has been using AI systems to respond automatically to customer orders as part of its deal with IBM, which has been in place since 2021. The trial is set to end on 26 July, with some industry analysts wondering what this decision means regarding the possible rollout of AI across the leading…
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The computer maker was listed on the LSE for the first time this week and rose 47% on Tuesday: a strong start. However, Friday marked the first day the shares were open to all investors, as they were previously listed on a conditional basis purely for institutional buyers. RPI sources have already confirmed that the…
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The case arose when businesses complained that Visa and Mastercard were charging them excessive fees when they processed credit or debit card payments for customers. These included swipe fees and interchange fees. The complaint was also based on the merchants being unable to guide their customers towards cheaper ways of paying. The latest twist came…
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Carlos Slim has an estimated fortune of £72.4bn and now has a 3.2% stake in the London-based telecom company. That makes him one of the largest BT shareholders. Slim built his empire in the Latin American telecoms market, and analysts are now speculating about his possible overall plan. French telecoms billionaire Patrick Drahl remains the…
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The $6bn share buyback was confirmed by CFO Paul Jacobson, who pointed out that the automotive giant is ramping up its capital allocation strategy. The GM board has approved this new plan, and the repurchase of up to $6bn of the company's common shares will proceed. This new strategy is in addition to the $10bn…
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It is an entirely new AI-powered tool that will run across the Apple systems to provide a personal approach for each user. Apple will also be integrating ChatGPT into its iPhones and other devices, but it’s not yet clear how this will work or when it will be rolled out. Apple Intelligence will help users…
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This will lead to TDR gaining control of the third-biggest supermarket in the UK as it now holds 67.5% of the ASDA shares. Mohsin will retain his 22.5% stake and Walmart will still own 10% of the company. The brothers made their fortune from founding and then building up the EG Group petrol forecourts business…
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The claim they’re making is for damages reaching £1.1bn. The group is being represented in the court action by the British Independent Retailers Association (BIRA), which states that this is the biggest example in the history of collective legal action involving British retailers. The claim is to be filed on Friday at a tribunal in…
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The story began in 2015, when Supermac executives made their first move to register the chain’s name in the EU, with the idea of expanding from Ireland into mainland Europe. The American fast-food chain opposed this idea, claiming it would confuse consumers as the name is too similar to Big Macs. While MCD had the…
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The share price issues came after new allegations that STAN carried out transactions that violated international sanctions. This twist in the case came to light when new court documents were filed in the US alleging the bank allowed transactions worth billions of dollars for known terrorist groups such as al-Qaida and the Taliban, as well…
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