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Month: January 2025

Musk acknowledges $2 trillion spending cut goal a long shot
Uncategorized

Musk acknowledges $2 trillion spending cut goal a long shot

WASHINGTON (Reuters) – Elon Musk, who U.S. President-elect Donald Trump has tapped to oversee a government cost-cutting effort, acknowledged that…

January 9, 2025January 27, 2025
Honeywell, NXP Semiconductors expand partnership to develop aviation technology
Business

Honeywell, NXP Semiconductors expand partnership to develop aviation technology

(Reuters) – Honeywell and NXP Semiconductors will expand their partnership to develop AI-driven technology for aviation and autonomous flying, the…

January 8, 2025January 27, 2025
Exclusive-Warburg Pincus explores $5 billion-plus sale of Modernizing Medicine, sources say
Business

Exclusive-Warburg Pincus explores $5 billion-plus sale of Modernizing Medicine, sources say

By Milana Vinn and Anirban Sen NEW YORK (Reuters) – Private equity firm Warburg Pincus is weighing options, including a…

January 8, 2025January 27, 2025
Google must face mobile phone privacy class action, possible trial
Business

Google must face mobile phone privacy class action, possible trial

By Jonathan Stempel (Reuters) – Google failed to persuade a federal judge to dismiss a privacy class action claiming it…

January 8, 2025January 27, 2025
JPMorgan files two lawsuits against Greece’s Viva Wallet as legal saga continues
Business

JPMorgan files two lawsuits against Greece’s Viva Wallet as legal saga continues

ATHENS (Reuters) – Wall Street bank JP Morgan has filed two lawsuits over its investment in fintech Viva Wallet, the…

January 8, 2025January 27, 2025
AI startups drive VC funding resurgence, capturing record US investment in 2024
Business

AI startups drive VC funding resurgence, capturing record US investment in 2024

By Krystal Hu (Reuters) – Artificial intelligence startups have contributed significantly to the recovery of U.S. venture capital funding from…

January 7, 2025January 27, 2025
Amazon, MercadoLibre to benefit from Mexico import tariffs, Itau BBA says 
Business

Amazon, MercadoLibre to benefit from Mexico import tariffs, Itau BBA says 

SAO PAULO/MEXICO CITY (Reuters) – E-commerce giants Amazon.com and MercadoLibre stand to benefit from new tariffs on low-cost imports into…

January 7, 2025January 27, 2025
Anthropic to raise $2 billion in deal valuing AI startup at $60 billion, WSJ says
Business

Anthropic to raise $2 billion in deal valuing AI startup at $60 billion, WSJ says

(Reuters) -AI startup Anthropic is in advanced talks to raise $2 billion in a deal valuing the OpenAI rival at…

January 7, 2025January 27, 2025
Tech group urges US to halt rule that would limit global access to AI chips
Business

Tech group urges US to halt rule that would limit global access to AI chips

By Karen Freifeld (Reuters) – A technology industry group on Tuesday urged President Joe Biden’s administration to refrain from issuing…

January 7, 2025January 27, 2025
Lucid beats estimates for EV deliveries as price cuts, cheaper financing spur demand
Business

Lucid beats estimates for EV deliveries as price cuts, cheaper financing spur demand

By Jaspreet Singh (Reuters) -Lucid beat expectations for quarterly deliveries, as the Saudi Arabia-backed maker of luxury electric vehicles lowered…

January 6, 2025January 27, 2025

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