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Lower profits at US oil giants still mighty enough for big investor payouts
Lower profits at US oil giants still mighty enough for big investor payouts
by  AFP

ExxonMobil and Chevron reported lower but still strong profits Friday as they push ahead with hefty shareholder payouts and major acquisitions. "In 2023, we returned more cash to shareholders and produced more oil and natural gas than any year in the company's history," said Chevron Chief Executive Mike Wirth of an 18 percent jump in payouts to $26 billion.

Did Australian invent bitcoin? UK court examines claim
Did Australian invent bitcoin? UK court examines claim
by  AFP

A court case starting in London on Monday will seek to determine whether Australian computer scientist Craig Wright invented bitcoin, the world's first and biggest cryptocurrency. The court case comes as bitcoin becomes more widely accessible.

EU states greenlight landmark new AI rules
EU states greenlight landmark new AI rules
by  AFP

The European Union's 27 member states on Friday approved landmark rules on reining in artificial intelligence, passing a key last hurdle after tough negotiations to the very end. Today member states endorsed the political agreement reached in December -- recognising the perfect balance found by the negotiators between innovation and safety," he said.

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