Microsoft hit with $242 million US verdict in Cortana patent lawsuit
By Blake Brittain (Reuters) – Microsoft must pay patent owner IPA Technologies $242 million, a federal jury in Delaware said…
Month: May 2024
OpenAI plans to announce Google search competitor on Monday, sources say
By Anna Tong (Reuters) -OpenAI plans to announce its artificial intelligence-powered search product on Monday, according to two sources familiar…
McDonald’s considering $5 meal deal launch to draw diners, source says
(Reuters) -McDonald’s U.S. franchises are considering launching a $5 meal deal, a source familiar with the matter said on Friday,…
After layoffs, Musk says Tesla to spend $500 million on charging network
(Reuters) -Tesla will spend more than $500 million this year to expand its fast-charging network, CEO Elon Musk said on…
Gold set for best week in five on renewed US rate-cut hopes
By Ashitha Shivaprasad (Reuters) – Gold prices firmed on Friday, poised for their best week since April 5, following recent…
TikTok, ByteDance sue to block US law seeking sale or ban of app
By David Shepardson WASHINGTON (Reuters) -TikTok and its Chinese parent company ByteDance sued in U.S. federal court on Tuesday seeking…
Amazon unveils first electric seaport trucks amid push to slash tailpipe emissions
By Lisa Baertlein LOS ANGELES (Reuters) -Amazon.com on Tuesday unveiled the first of a dozen Volvo electric big rigs it…
Explainer-Why is the US government trying to ban TikTok or force Bytedance to divest?
WASHINGTON (Reuters) -TikTok and its owner Bytedance on Tuesday sued to stop a law that would give its Chinese parent…
Microsoft’s Xbox shuts multiple studios, consolidates teams in cost-cutting move
(Reuters) – Microsoft’s Xbox is shutting down a number of gaming studios including Arkane Austin, making it the latest publisher…
Robinhood set to report highest quarterly revenue since meme stock frenzy
By Medha Singh (Reuters) – Trading app Robinhood Markets is expected to report its highest quarterly revenue in nearly three…