Today: October 04, 2024
Today: October 04, 2024

Latest From Reuters

Business|Technology

Trump says he is not selling his shares of media company

Republican presidential candidate Donald Trump said on Friday he will not sell his shares in the company that owns his Truth Social

Trump says he is not selling his shares of media company
Business|Technology

Uber, Waymo to expand autonomous ride hailing to Austin, Atlanta

Uber Technologies said on Friday it would expand its partnership with Alphabet's Waymo to bring ride hailing to Austin, Texas, and Atlanta, Georgia, early next year.

Uber, Waymo to expand autonomous ride hailing to Austin, Atlanta
Business|Finance|Technology

Adobe shares slump as weak earnings forecast sparks fears of delayed AI gains

Shares of Adobe fell nearly 10% on Friday, after the Photoshop maker's disappointing quarterly earnings forecast sparked fears that returns from its push towards artificial intelligence

Adobe shares slump as weak earnings forecast sparks fears of delayed AI gains
Business|Technology

United Airlines taps Elon Musk's Starlink for in-flight internet

United Airlines said on Friday it has signed a new deal with Elon Musk's Starlink for in-flight internet services.

United Airlines taps Elon Musk's Starlink for in-flight internet
Business|Technology

Chinese EV giant BYD ramps up hiring as Beijing prioritises employment

BYD has significantly ramped up hiring, increasing its workforce to more than 900,000 people as of Friday, a senior manager said, making the Chinese electric vehicle giant one of

Chinese EV giant BYD ramps up hiring as Beijing prioritises employment
Business|Technology

Boeing says it is ready to negotiate new agreement after workers vote to strike

Boeing said late on Thursday it was ready to get back to negotiations to reach a new agreement after its U.S.

Boeing says it is ready to negotiate new agreement after workers vote to strike
Business|Finance|Technology

Blackstone mulls selling stake in visa firm VFS Global, Bloomberg News reports

Blackstone is considering options including a sale of its majority stake in visa application outsourcing and technology services firm VFS Global after receiving interest from prospective

Blackstone mulls selling stake in visa firm VFS Global, Bloomberg News reports
Business|Entertainment|Technology

FuboTV's antitrust trial against Disney, media giants set to begin in October 2025

FuboTV's antitrust trial against the launch of a new sports streaming service by Walt Disney, Fox and Warner Bros Discovery is set to begin on Oct. 6 next year, according to a court filing

FuboTV's antitrust trial against Disney, media giants set to begin in October 2025
Business|Environment|Technology

Occidental's 1PointFive secures funding of up to $500 million from US DOE

Occidental

Occidental's 1PointFive secures funding of up to $500 million from US DOE
Business|Finance|Technology

Goldman Sachs hires Melissa Goldman as partner for technology role, memo says

Goldman Sachs has hired Melissa Goldman as a partner and global head of technology engineering for its global banking and markets division, according to a memo seen by Reuters on

Goldman Sachs hires Melissa Goldman as partner for technology role, memo says
Business|Technology

Adobe forecasts downbeat quarterly earnings on cautious tech spending

Photoshop maker Adobe forecast fourth-quarter earnings below analysts' estimates on Thursday, signaling stiff competition and soft demand for its AI-integrated editing tools amid

Adobe forecasts downbeat quarterly earnings on cautious tech spending
Business|Technology

Microsoft names former GE CFO as operations chief amid AI push

Microsoft on Thursday named former GE finance chief Carolina Dybeck Happe as its chief operations officer, as the tech giant looks to bolster its leadership team while it doubles down on

Microsoft names former GE CFO as operations chief amid AI push
Business|Finance|Technology

Carmakers adjust electrification plans as EV demand slows

Several global automakers are scaling down their electrification targets, hurt by slowing demand for fully electric vehicles due to lack of affordable models, slow roll-out of charging

Carmakers adjust electrification plans as EV demand slows
Asia|Europe|Finance|Stock Markets|Technology

Tech stocks cue rally while ECB looms

A look at the day ahead in European and global markets from Stella Qiu Asian stock markets were broadly higher as investors regained some of their love for tech stocks, and Nvidia in particular, while

Tech stocks cue rally while ECB looms
Business|Finance|Technology

23andMe CEO Wojcicki open to third-party takeover proposals for firm, filing shows

23andMe co-founder and chief executive Anne Wojcicki would be open to considering third-party takeover proposals for the company, a regulatory filing showed on Wednesday.

23andMe CEO Wojcicki open to third-party takeover proposals for firm, filing shows
Business|Finance|Technology

Amazon's AWS to invest $1.8 billion in Brazil through 2034

Amazon's cloud computing arm, Amazon Web Services (AWS), will invest 10.1 billion reais ($1.8 billion) in Brazil through 2034 to expand its data center operations in the country,

Amazon's AWS to invest $1.8 billion in Brazil through 2034
Business|Finance|Technology

OpenAI in talks to raise funds at $150 billion valuation, Bloomberg News reports

AI heavyweight OpenAI is in talks to raise funds at a valuation of $150 billion, Bloomberg News reported on Wednesday, a move that would fortify its status as one of the biggest startups in

OpenAI in talks to raise funds at $150 billion valuation, Bloomberg News reports
Business|Finance|Technology

India leads in crypto adoption for second straight year, report shows

India led the way in global adoption of cryptocurrencies for the second straight year as investors braved the country's tough regulatory stance and steep trading taxes, a report from

India leads in crypto adoption for second straight year, report shows
Business|Technology

Honeywell CEO says ability to supply parts will determine aerospace unit's growth

Growth in Honeywell's aerospace business next year will be determined by its ability to supply parts to Boeing and Airbus, not demand, the industrial giant's CEO said at a conference on

Honeywell CEO says ability to supply parts will determine aerospace unit's growth
Business|Finance|Technology

JPMorgan eyes Swiss corporate business gains, blockchain boost

JPMorgan Chase wants to grow its Swiss corporate banking business and hopes to use blockchain services to help gain clients, an executive at the U.S. bank said.

JPMorgan eyes Swiss corporate business gains, blockchain boost
Business|Environment|Technology

Emissions-free truck prices need to drop by 50% to compete with diesel, study says

Prices of emissions-free trucks need to fall by as much as half to make them an affordable alternative to diesel models, a study by consultancy firm McKinsey published on

Emissions-free truck prices need to drop by 50% to compete with diesel, study says
Asia|Business|Technology

Huawei's tri-foldable phone stirs Chinese pride but $2,800 price tag panned

Huawei's new tri-foldable smartphone has ignited nationalistic pride in China with social media abuzz with what supporters see as its ability to out-innovate Apple despite U.S.

Huawei's tri-foldable phone stirs Chinese pride but $2,800 price tag panned
Business|Entertainment|Technology

Sony announces pricier, upgraded PlayStation 5 Pro

Sony announced the PlayStation 5 Pro, an upgraded version of its flagship console offering better graphics, will go on sale on Nov. 7 priced at $699.99.

Sony announces pricier, upgraded PlayStation 5 Pro
Business|Environment|Technology

Tech firms halve business travel in 2023 but Alphabet, Apple lag, study shows

Global tech giants halved their business flight emissions in 2023 compared to 2019, but companies like Apple and Google's parent Alphabet are falling behind, risking a return to pre-

Tech firms halve business travel in 2023 but Alphabet, Apple lag, study shows
Business|Entertainment|Technology

GameStop reports fall in revenue, files for 20 million share offering

GameStop said on Tuesday it had filed for an offering of up to 20 million shares, sending its stock down more than 10% in extended trading after the videogame retailer's second-quarter

GameStop reports fall in revenue, files for 20 million share offering

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