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Big Tech faces heat as China’s DeepSeek sows doubts on billion-dollar spending
Uncategorized

Big Tech faces heat as China’s DeepSeek sows doubts on billion-dollar spending

By Aditya Soni and Zaheer Kachwala (Reuters) – Chinese startup DeepSeek’s cheaper AI is sharpening investor scrutiny of the billions…

January 27, 2025March 21, 2025
Trump fires officials who worked for prosecutor Jack Smith, Fox News reports
Uncategorized

Trump fires officials who worked for prosecutor Jack Smith, Fox News reports

WASHINGTON (Reuters) -The Justice Department is firing more than a dozen officials who worked on Special Counsel Jack Smith’s cases…

January 27, 2025March 21, 2025
Mercedes-Benz expects higher margin on car division in fourth quarter, analysts say
Business

Mercedes-Benz expects higher margin on car division in fourth quarter, analysts say

(Reuters) – Mercedes-Benz told investors on Monday it expected the adjusted margin of its passenger car division to be above…

January 27, 2025March 21, 2025
Economy

Lamb Weston shareholders unhappy with management, Jana says, hinting at proxy fight

NEW YORK (Reuters) – Lamb Weston shareholders love the French fry maker’s products but are unhappy with management, activist investor…

January 27, 2025March 21, 2025
Meta to test ads on Threads in US and Japan
Business

Meta to test ads on Threads in US and Japan

(Reuters) – Meta Platforms will begin test launching ads on its social media platform Threads with a few brands in…

January 24, 2025January 27, 2025
Shein tells UK lawmakers it does not allow Chinese cotton in products sold in US
Business

Shein tells UK lawmakers it does not allow Chinese cotton in products sold in US

By Helen Reid and James Davey LONDON (Reuters) -Online fast-fashion retailer Shein requires its contract manufacturers to only source cotton…

January 24, 2025January 27, 2025
Amazon Prime Video shifts focus to live sports to boost profits, The Information reports
Business

Amazon Prime Video shifts focus to live sports to boost profits, The Information reports

(Reuters) – Amazon’s Prime Video has shifted its strategic focus towards live sports and away from original television shows and…

January 24, 2025January 27, 2025
UnitedHealth taps insider to replace slain executive as CEO of insurance unit
Uncategorized

UnitedHealth taps insider to replace slain executive as CEO of insurance unit

(Reuters) -UnitedHealth Group on Thursday named Tim Noel, the head of its Medicare business, to the top job at its…

January 23, 2025January 27, 2025
Trump signs order to create cryptocurrency working group
Uncategorized

Trump signs order to create cryptocurrency working group

By Hannah Lang and Trevor Hunnicutt (Reuters) -U.S. President Donald Trump on Thursday signed an order to create a cryptocurrency…

January 23, 2025January 27, 2025
OpenAI unveils tool to automate web tasks as AI agents take center-stage
Business

OpenAI unveils tool to automate web tasks as AI agents take center-stage

(Reuters) – Generative artificial intelligence heavyweight OpenAI on Thursday previewed an AI agent that can carry out tasks on the…

January 23, 2025January 27, 2025

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