Wall Street Lunch: AI In The Crosshairs

02:25pm, Thursday, 13'th Jul 2023
OpenAI, the maker of the popular ChatGPT chatbot, is under investigation by the U.S. government over consumer protection risks. Wholesale inflation comes in lower than expected, helping stocks again.

Zscaler: Microsoft Is Probably Not A Major Threat

02:23pm, Thursday, 13'th Jul 2023
Microsoft's new security solutions pose a potential threat to Zscaler's offerings, but the latter's focus on large enterprise customers with deep pockets keeps it in a strong position. Zscaler is proj
Microsoft's Office applications will no longer default to Aptos. Documents won't be changed automatically, and people can set their own default back to Calibri.
The U.S. Federal Trade Commission has added to its growing list of targeted tech companies: It has opened an investigation into whether ChatGPT maker OpenAI engaged in unfair or deceptive practices th
Biden administration officials are calling for changes to Microsoft's cloud computing services after some victims of a recent Chinese cyber intrusion were unable to detect the hack.
The FTC will appeal a California judge's decision to allow Microsoft's $69 billion purchase of Activision Blizzard, according to a court filing late Wednesday.
Xbox gamers may see a flurry of Activision Blizzard's games added to their Game Pass subscription once the deal is completed.

FTC is investigating ChatGPT-maker OpenAI

09:58am, Thursday, 13'th Jul 2023
The Federal Trade Commission is investigating OpenAI for possible violations of consumer protection law, seeking extensive records from the maker of ChatGPT about its handling of personal data, its po
The global cybersecurity market is expected to grow at a rate of 14% per year through 2030, increasing from $170 billion to over $420 billion. Microsoft is increasingly becoming a major player in the
This week a US judge rule against the FTC in their case to block the transaction, however by Wednesday the FTC had already lodged an appeal of that decision.

5 Things to Know Before Markets Open

08:10am, Thursday, 13'th Jul 2023
Google rolls out improvements to its AI chatbot, Bard, and Delta shares take off after posting its highest ever quarterly earnings. Here's what investors need to know today.

Zscaler: Microsoft Wants To Eat Its Share

08:00am, Thursday, 13'th Jul 2023
Despite its first-mover advantage and strong growth metrics, Microsoft's entry into the secure service edge market could pose a significant challenge to cybersecurity leader Zscaler. ZS stock has decl
A judge blocked the FTC's preliminary injunction against Microsoft closing its deal with Activision Blizzard. The last hurdle for Microsoft to overcome is the CMA's decision to block the deal.
The stay on the merger lifts on Friday, while the two companies have their own deadline to push through the deal next week.
US regulators have launched another attempt to block a merger between Microsoft Corporation (NASDAQ:MSFT) and gaming firm Activision Blizzard Inc (NASDAQ:ATVI). Following a rejected bid to block the p
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