Meta shares hit record high after US appeals court upholds TikTok ban
By Chibuike Oguh NEW YORK (Reuters) – Shares of Facebook-owner Meta Platforms hit a record high on Friday after a…
Month: December 2024
Musk’s xAI raises around $6 billion in equity financing
(Reuters) -Elon Musk’s artificial intelligence startup xAI said on Thursday it has raised around $6 billion in equity financing as…
Lilly invests $3 billion to expand Wisconsin plant as obesity drug demand soars
By Patrick Wingrove (Reuters) – Eli Lilly said on Thursday it will invest $3 billion to expand the manufacturing plant…
OpenAI launches $200 ChatGPT subscription for research use
(Reuters) – OpenAI on Thursday launched a version of its popular chatbot ChatGPT priced at $200 per month, which can…
GameStop shares jump as cryptic ‘Roaring Kitty’ post sparks retail interest
(Reuters) – GameStop’s shares jumped on Thursday after a cryptic post from meme stock influencer Keith Gill, who shot to…
Nippon Steel committed to U.S. Steel takeover, aims to close in Dec, says executive
By Yuka Obayashi, Katya Golubkova and Ritsuko Shimizu TOKYO (Reuters) – Japan’s Nippon Steel is committed to its $15 billion…
Trump’s crypto advocacy steers businesses away from traditional treasury assets
By Niket Nishant and Bhanvi Satija (Reuters) – U.S. President-elect Donald Trump’s pro-crypto stance is prompting small businesses to allocate…
Trump taps former aide to work on Musk-led government efficiency plan
By David Shepardson WASHINGTON (Reuters) – President-elect Donald Trump on Wednesday named a former White House aide to serve as…
Chipotle Mexican Grill lifts menu prices as input costs rise
(Reuters) – Chipotle Mexican Grill said on Wednesday it has raised menu prices by about 2%, as the burrito chain…
Software startup ServiceTitan seeks up to $5.2 billion valuation in US IPO
By Arasu Kannagi Basil and Jaiveer Shekhawat (Reuters) -Software startup ServiceTitan is seeking a valuation of up to $5.16 billion…