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Chevron defends buybacks as it posts $35.5 bn in 2022 profit
Chevron defends buybacks as it posts $35.5 bn in 2022 profit
by  AFP

Chevron defended its new $75 billion share repurchase program from White House criticism Friday, as it reported record profits of $35.5 billion in 2022. In all, Chevron returned $11.25 billion to shareholders, repurchasing nearly 70 million shares, it said in an earnings release.

Court reduces spying sentence for Ikea France ex-boss
Court reduces spying sentence for Ikea France ex-boss
by  AFP

A French appeals court on Friday cut the sentence of a former Ikea France chief convicted in 2021 of setting up an illegal system to spy on staff and job applicants. Ikea France, sentenced to a one-million-euro fine in 2021, did not appeal.

Top French university bans students from using ChatGPT
Top French university bans students from using ChatGPT
by  AFP

A top French university on Friday forbade students from using artificial intelligence chatbot ChatGPT to complete assignments, in the first such ban at a college in the country. ChatGPT still makes factual mistakes, but education facilities in other countries have rushed to ban the AI tool.

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