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Barbie maker Mattel warns Trump tariffs may drive up prices

Barbie maker Mattel warns Trump tariffs may drive up prices

Toy making giant Mattel says it may increase its prices in the US to make up for the impact of tariffs imposed by Donald Trump. It comes after the US President imposed 10% tariffs on all imports from China, where just under 40% of the firm’s production is based. On top of potential price increases, the maker of Barbie and …

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US Treasury grants Musk’s reform team ‘read-only access to payment data

US Treasury grants Musk’s reform team ‘read-only access to payment data

Elon Musk walks on Capitol Hill on the day of a meeting with Senate Republican Leader-elect John Thune (R-SD), in Washington, U.S. December 5, 2024. — Reuters  WASHINGTON: The US Treasury on Tuesday announced that Elon Musk’s government reform team can view data from its sensitive payment system but cannot make any changes to it. This came after Democratic lawmakers …

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Google owner Alphabet drops promise over ‘harmful’ AI uses

Google owner Alphabet drops promise over ‘harmful’ AI uses

Alphabet, the parent company of technology giant Google, is no longer promising that it will never use artificial intelligence (AI) for purposes such as developing weapons and surveillance tools. The firm has rewritten the principles guiding its use of AI, dropping a section which ruled out uses that were “likely to cause harm”. In a blog post Google senior vice …

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