Elon Musk's social media company X was fined 120 million euros (US$140 million) by EU tech regulators on Friday for breaching online content rules, the first sanction under landmark legislation that once again drew criticism from the US government.

The expansion aims to make its AI assistant "more responsive, accurate, and balanced" by incorporating diverse viewpoints, acknowledging that "real-time events can be challenging for current AI systems to keep up with."

EU regulators launched an antitrust investigation into Meta Platforms on Thursday and may even temporarily halt its rollout of artificial intelligence features in its WhatsApp messenger that would block rivals, hardening Europe's already tough stance on Big Tech.

Paramount Skydance on Monday launched a hostile bid worth US$108.4 billion for Warner Bros Discovery in a last-ditch effort to outbid Netflix and create a media powerhouse that would challenge the dominance of the streaming giant.

Saudi Arabia-based RUA AlHaram AlMakki Company, a PIF-owned master developer, concluded its debut at the world’s largest real estate exhibition Cityscape Global with the signing of six landmark Memorandums of Understanding (MoUs) with partners from Saudi Arabia, Indonesia, Malaysia, Brunei and the United States, advancing international investment and global collaboration for its inaugural King Salman Gate project in the Holy City of Mecca.

Asian stocks fell and the dollar was steady on Tuesday as investors braced for a cut in US interest rates later this week while the yen was calm after a powerful earthquake rocked Japan's northeast region though the impact was limited.

Japan's Nikkei skidded on Friday, wiping out this week's gains amid an otherwise subdued Asian session, after weaker-than-expected spending data underscored the scourge of inflation as bets grew that the Bank of Japan would hike interest rates.

Stocks made muted gains and traders were wary on Tuesday, following a slide in cryptocurrencies and a global bond selloff triggered by a looming interest rate hike in Japan.