Nelson Peltz’s Trian to seek at least three Disney board seats, sources say
By Svea Herbst-Bayliss, Dawn Chmielewski and Samrhitha A (Reuters) -Activist investor Nelson Peltz is pushing ahead with plans to seek…
Month: November 2023
Fed officials feel rate hikes likely done, but too soon to know
By Ann Saphir and Michael S. Derby (Reuters) -Federal Reserve policymakers signaled on Thursday that the U.S. central bank’s interest…
Okta says hackers stole data for all customer support users in cyber breach
(Reuters) – Okta said on Tuesday that hackers stole information on all users of its customer support system in a…
Microsoft president says no chance of super-intelligent AI soon
By Muvija M and Martin Coulter LONDON (Reuters) -The president of tech giant Microsoft said there is no chance of…
Affirm extends rally on Cyber Monday boost as BNPL lending surges
By Medha Singh, Chibuike Oguh and Hannah Lang (Reuters) -Shares of “buy now, pay later” provider Affirm Holdings extended a…
Bank of America pays $12 million fine for misreporting mortgage data
By Jonathan Stempel (Reuters) -Bank of America agreed to pay a $12 million fine to settle U.S. regulatory charges it…
Meta says it will appeal US judge’s ruling in privacy fight with FTC
WASHINGTON (Reuters) -Meta Platforms, which owns WhatsApp, Instagram and Facebook, said on Tuesday it would appeal a judge’s ruling that…
Amazon announces new cloud AI chip as Microsoft rivalry intensifies
By Stephen Nellis (Reuters) -Amazon.com on Tuesday announced a new artificial intelligence chip for its cloud computing service as competition…
Shoppers click ‘buy’ as retailers slash prices ahead of Cyber Monday
(Reuters) -Holiday shoppers in the U.S. are seeking out the best deals and strategically nabbing the deepest discounts ahead of…
China, US exchange accusations over US vessel in South China Sea
BEIJING/SHANGHAI (Reuters) -China and the United States exchanged accusations at the weekend over the disputed South China Sea, after China’s…