Microsoft Denies Taking Control at OpenAI after UK Review

Microsoft logo.
Microsoft logo.
TT

Microsoft Denies Taking Control at OpenAI after UK Review

Microsoft logo.
Microsoft logo.

Microsoft denied on Friday that it had taken control of OpenAI after Britain's anti-trust regulator said it was reviewing the nature of their partnership.
"The only thing that has changed is that Microsoft will now have a non-voting observer on OpenAI’s Board, which is very different from an acquisition such as Google’s purchase of DeepMind in the UK," Microsoft President Brad Smith said in a statement.
"We will work closely with the CMA to provide all the information it needs," he said.



Global Tech Outage to Cost Air France KLM Close to $11 mln

Air France planes are parked on the tarmac at Paris Charles de Gaulle airport, in Roissy, near Paris, Saturday, April 7, 2018. Some 30 percent of Air France flights were cancelled Saturday as strikes over pay rises appear to be intensifying. (AP Photo/Christophe Ena)
Air France planes are parked on the tarmac at Paris Charles de Gaulle airport, in Roissy, near Paris, Saturday, April 7, 2018. Some 30 percent of Air France flights were cancelled Saturday as strikes over pay rises appear to be intensifying. (AP Photo/Christophe Ena)
TT

Global Tech Outage to Cost Air France KLM Close to $11 mln

Air France planes are parked on the tarmac at Paris Charles de Gaulle airport, in Roissy, near Paris, Saturday, April 7, 2018. Some 30 percent of Air France flights were cancelled Saturday as strikes over pay rises appear to be intensifying. (AP Photo/Christophe Ena)
Air France planes are parked on the tarmac at Paris Charles de Gaulle airport, in Roissy, near Paris, Saturday, April 7, 2018. Some 30 percent of Air France flights were cancelled Saturday as strikes over pay rises appear to be intensifying. (AP Photo/Christophe Ena)

Air France KLM faces a hit of about 10 million euros ($10.85 million) from last week's global technology outage, finance chief Steven Zaat said on Thursday.

The group is one of the first airlines to disclose a cost linked to the disruption, Reuters reported.

"The expectation is that it will cost us around 10 million (euros)," Zaad said in a press call, adding that KLM and Transavia bore the brunt of the disruptions while Air France was not seriously affected.

A software update by global cybersecurity company CrowdStrike triggered systems problems that grounded flights, forced broadcasters off air and left customers without access to services such as healthcare or banking last Friday.

Delta Air Lines has been the slowest among major US carriers to recover from the outage. The carrier has cancelled more than 6,000 flights since Friday and analysts estimate the hit to its bottom line could be in the hundreds of millions of dollars. ($1 = 0.9213 euros)