Dec 13 (Reuters) - Meta Platforms ( META ) is urging California's attorney general to block OpenAI's planned conversion to a for-profit company, the Wall Street Journal reported on Friday. In a letter to Attorney General Rob Bonta dated Thursday, Meta said that allowing OpenAI to become a for-profit company would set a dangerous precedent of allowing startups to enjoy...

BOSTON (Reuters) - McKinsey & Co has agreed to pay $650 million to resolve charges over advice it provided Purdue Pharma on how to turbocharge sales of its addictive painkiller OxyContin, the U.S. Department of Justice said on Friday. The consulting firm entered into a five-year deferred prosecution agreement filed in federal court in Abingdon, Virginia, to resolve criminal charges...

Dec 12 (Reuters) - Telefonica is partnering with Epic Games to bring the Fortnite video game maker's marketplace app directly to millions of devices on the Spanish telecoms company's network, the companies said on Thursday. The marketplace app, called Epic Games Store, will be pre-installed on all new compatible Android devices operating on the Telefonica network across regions including Spain,...

(Reuters) - Meta Platforms ( META ) is urging California's attorney general to block OpenAI's planned conversion to a for-profit company, the Wall Street Journal reported on Friday. In a letter to Attorney General Rob Bonta dated Thursday, Meta said that allowing OpenAI to become a for-profit company would set a dangerous precedent of allowing startups to enjoy the advantages...