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Google has complained to regulators: Microsoft and OpenAI are suspected of monopolistic practices and must terminate their exclusive Cloud Computing Service.
The exclusive agreement makes Microsoft the only Cloud Computing Service provider for OpenAI technology, which places other competitors, such as Google and Amazon, at a significant disadvantage. These companies hope to host OpenAI's AI models so that their cloud customers can access OpenAI's technology without the need to use Microsoft's Server.
Microsoft Shareholders Reject Proposal To Explore Bitcoin Investment
U.S. stocks closed: The Dow Jones fell for four consecutive days, Chinese concept stocks plummeted over 4%, as the market focused on the CPI report.
① The Nasdaq China Golden Dragon Index fell 4.34%, as China Concept Stocks collectively declined; ② Apple is reportedly planning to equip its smartwatches with satellite communication capabilities; ③ Google A rose 5.62%, as the company launched its latest quantum chip "Willow," achieving significant technological breakthroughs; ④ Microsoft shareholders voted against the Bitcoin investment proposal.
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Microsoft shareholders voted against the Bitcoin investment proposal: it cannot guarantee returns.
① Microsoft’s major shareholders voted against including Bitcoin on the company's balance sheet, believing it does not align with the long-term interests of shareholders; ② The Board of Directors of Microsoft opposes investing in Bitcoin, stating that corporate funds require stable and predictable investments to ensure liquidity and operational funds.
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Microsoft shareholders voted against allocating Bitcoin, and the price of Bitcoin fell below $0.095 million during trading.
The think tank that submitted the proposal to configure Bitcoin believes that Microsoft cannot miss the next wave of technological innovation, which is Bitcoin. It suggests using 1% to 5% of Microsoft's profits to purchase Bitcoin and incorporate it into the company's balance sheet. Due to the greater volatility of Bitcoin compared to CSI Enterprise bond Index, it is advisable not to Hold too much. Cryptos have broadened their intraday decline, with Meme coins like Dogecoin experiencing double-digit drops. Microsoft Shareholders also rejected proposals to reduce AI risks such as misinformation and data privacy breaches.
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