LONDON, July 10 (Reuters) - E-commerce giant Amazon's ( AMZN ) overall emissions fell 3% last year as the company met a goal for all of the electricity it consumes globally to be matched with renewable power, it said on Wednesday. The power used and emissions created by technology giants are under scrutiny as the growth of AI increases electricity...

HONG KONG (Reuters) - China's Ministry of Finance is conducting more rigorous checks of work done by the Big Four auditing firms for local companies, three people with knowledge of the matter said, amid concerns auditors are not doing enough to uncover corporate wrongdoing. The tighter scrutiny, which has not been previously reported, is mainly focused on Deloitte, EY, PwC,...

04:38 AM EDT, 07/10/2024 (MT Newswires) -- Microsoft ( MSFT ) and Apple ( AAPL ) have abandoned observer seats on OpenAI's board amid heightened regulatory scrutiny of investments in AI startups, multiple news outlets reported Wednesday. Apple ( AAPL ), which recently announced a partnership with OpenAI, was expected to assume an observer role on the board but has...

05:10 AM EDT, 07/10/2024 (MT Newswires) -- Apple ( AAPL ) will add new artificial intelligence tools, including Microsoft ( MSFT )-backed (MSFT) OpenAI's ChatGPT into upcoming updates of iPhones, iPads, and Macs, the companies said Wednesday. No financial terms were disclosed. The upgrades, called Apple Intelligence, combine generative AI with personal information to understand and create language and images,...