Meta to pay nearly $15 billion for Scale AI stake, The Information reports
(Reuters) -Meta Platforms has agreed to take a 49% stake in artificial intelligence startup Scale AI for $14.8 billion, The…
Month: June 2025
Snap to launch smart glasses for users in 2026 in challenge to Meta
(Reuters) -Snap will launch its first-ever smart glasses for all consumers next year, ratcheting up competition with bigger rival Meta…
GameStop reports decline in quarterly revenue
(Reuters) -Videogame retailer GameStop reported a decline in quarterly revenue on Tuesday as more customers moved away from its mainstay…
OpenAI’s annualized revenue hits $10 billion, up from $5.5 billion in December 2024
The End of Elon Musk? Bigger returns but safer than stocks? [ad] Today’s Breaking News… Democratic FTC commissioner Bedoya says…
OpenAI’s annualized revenue hits $10 billion, up from $5.5 billion in December 2024
(Reuters) -OpenAI said on Monday that its annualized revenue run rate surged to $10 billion as of June, positioning the…
US State Dept resumes processing Harvard student visas after judge’s ruling
By Humeyra Pamuk WASHINGTON (Reuters) -The U.S. State Department directed all U.S. missions abroad and consular sections to resume processing…
Russia has plans to test NATO’s resolve, German intelligence chief warns
By Thomas Escritt BERLIN (Reuters) -Russia is determined to test the resolve of the NATO alliance, including by extending its…
Democratic FTC commissioner Bedoya says he will step down
WASHINGTON (Reuters) -One of the two Democratic commissioners at the U.S. Federal Trade Commission who has challenged his firing by…
Tesla’s $380 billion wipeout marks biggest 2025 loss among top companies
Don’t Ignore this Warning. Bigger returns but safer than stocks? [ad] Today’s Breaking News… Trump can bar AP from some…
Tesla’s $380 billion wipeout marks biggest 2025 loss among top companies
(Reuters) -Tesla is the worst-performing large-cap stock this year, thanks to declining electric vehicle demand, Chief Executive Elon Musk’s political…