Tesla's surge is putting Big Tech earnings center stage as investors look to megacaps to lift stocks.
The Competition and Markets Authority said it was also seeking comments on Microsoft's hiring of former employees of Inflection AI and related arrangements. This forms the first part of its information gathering process and comes before the start of a formal investigation. "The CMA is also considering feedback received earlier this year on Microsoft's partnership with OpenAI and is currently waiting for information it has requested from the firms," it said.
The Senate advanced a landmark bill that gives China's ByteDance up to one year to divest TikTok or face a US ban on the app. The next stop is the desk of President Biden, who has promised to sign it.