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The House's TikTok Vote and the EU's AI Act

Bloomberg Tech

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Regulation Ramifications and Market Movements

The chapter delves into the implications of the recent AI regulation act passed by the European Parliament, including concerns of over-regulation and compliance for tech companies. It also covers top tech stories such as Pentagon pulling funding for Intel, Singtel's potential Optus sale, and Google's Gen AI chatbot curbing. Additionally, it explores the firing of partners at Social Capital and provides a market update on tech stocks, chip names, bond market yields, and Bitcoin's movement.

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