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BBCNEWS Business June 25, 2024



forward peaceful and i want to tell them we are going to engage them, we are going to have a conversation so that together we can build a greater nation. in answer to the public outcry, mps will be debating a revised version of the original bill, which was first read in may. having withdrawn some of the least popular hikes, including a 2.5% yearly tax on vehicles and a 16% vat tax on bread. but for many protesters, this is not enough in the face of the rising cost of living. live to nairobi now and our east africa correspondent merchuma. hello to you. tell us more about this huge shift for the government and what the outlook is now. a, government and what the outlook is now. , ., ., ., is now. a very good morning from nairobi. is now. a very good morning from nairobi. yes, - is now. a very good morning from nairobi. yes, today- is now. a very good morningi from nairobi. yes, today the bill is being debated in parliament, this is a controversial finance bill 2024, an ....

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BBCNEWS Business June 24, 2024



time an association of creative professionals. this time, it s the recording industry association of america accused ai companies of stealing their material and have sought to stop them in court. back in april, some 200 artists, including billie eilish and nicki minaj, signed a letter calling the use of ai in the music industry predatory and saying it should be stopped. staying with artificial intelligence, shares of nvidia fell by around 7% on wall street on monday. the chip firm has lost more than $500 billion in market value since briefly overtaking microsoft as the world s most valuable company last week. nvidia has benefitted from the boom in demand for chips that train and run generative ai models, such as openai s chatgpt. european union regulators have accused apple of breaking rules designed to rein in big tech companies. the european commission, which regulates competition in the eu, said apple s app store squeezes out rival marketplaces. this marks the first ....

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