🧐 EU suggests breaking up Google's ad business in preliminary antitrust ruling
Plus: May Inflation Report: Price Increases Are Expected to Ease Again, Microsoft's Satya Nadella Is Betting Everything on AI, and more...
Today’s pick
EU suggests breaking up Google's ad business in preliminary antitrust ruling. The European Commission has made a formal antitrust complaint against Google and its ad business, saying that its preliminary view is that “only the mandatory divestment by Google of part of its services would address its competition… (Jon Porter / The Verge)
@jason_kint; and @JonPorty is first to report on the charges against Google by European Commission - Jon Porter(@JonPorty)
May Inflation Report: Price Increases Are Expected to Ease Again. Federal Reserve officials are expected to hold interest rates steady when they announce their June policy decision on Wednesday, but they face one more wild card before they make their choice: the Consumer Price Index report, set for release… (Jeanna Smialek / The New York Times)
Get ready for an exciting CPI report: Inflation probably eased, but is is slowing down fast enough? - Jeanna Smialek(@jeannasmialek)
The best way to reach new readers is through word of mouth. If you click THIS LINK in your inbox, it’ll create an easy-to-send pre-written email you can fire off to some friends.
Microsoft's Satya Nadella Is Betting Everything on AI. I never thought I'd write these words, but here goes. Satya Nadella—and Microsoft, the company he runs—are riding high on the buzz from its search engine (Steven Levy / WIRED)
Microsoft CEO @satyanadella and I go deep on AI, his role in making Google dance - Steven Levy(@StevenLevy)
Europeans Take a Major Step Toward Regulating A.I. Europeans Take a Major Step Toward Regulating A.I. The European Union took an important step on Wednesday toward passing what would… (Adam Satariano / The New York Times)
The European Union took an important step toward passing an artificial intelligence law that - The New York Times(@nytimes)
China Convenes Urgent Meetings on Economy With Business Leaders. Senior Chinese officials are soliciting advice from business leaders and economists on how to revitalize the economy in a flurry of meetings attendees have characterized as unusually urgent in their tone. Top officials have held at least six… ( Bloomberg)
Senior Chinese officials are soliciting advice from business leaders and economists on how to revitalize the economy - Bloomberg(@business)
Thanks for reading to the bottom and soaking in our Newslit fuelled highlights for your morning.
I hope you found it interesting and, needless to say, if you have any questions or feedback let me know by hitting reply or on Twitter.
Take care and see you tomorrow!
P.S. Was this forwarded to you? Sign up here.