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Category: Business

Google comes out on top as years-long Mexico antitrust case closed
Business

Google comes out on top as years-long Mexico antitrust case closed

MEXICO CITY (Reuters) -Mexico’s antitrust watchdog said on Friday it had closed a case against Google, clearing the tech giant…

June 14, 2025
OpenAI to continue working with Scale AI after Meta deal
Business

OpenAI to continue working with Scale AI after Meta deal

By Supantha Mukherjee PARIS (Reuters) -OpenAI plans to continue working with Scale AI after rival Meta on Friday agreed to…

June 13, 2025
Meta signs deal for advanced geothermal power in New Mexico
Business

Meta signs deal for advanced geothermal power in New Mexico

By Laila Kearney NEW YORK (Reuters) -Meta signed an agreement with XGS Energy to help develop 150 megawatts of advanced…

June 12, 2025
Google Cloud outage hits platforms including Spotify, Discord
Business

Google Cloud outage hits platforms including Spotify, Discord

(Reuters) -Multiple platforms including music streaming service Spotify and instant messaging platform Discord were down for tens of thousands of…

June 12, 2025
Adobe raises annual forecasts on steady adoption of AI-powered tools
Business

Adobe raises annual forecasts on steady adoption of AI-powered tools

(Reuters) -Adobe raised its full-year results forecast on Thursday, helped by continued demand for its AI-powered software tools that generate…

June 12, 2025
Tesla robotaxi rollout in Austin tests Musk’s vision of self-driving future
Business

Tesla robotaxi rollout in Austin tests Musk’s vision of self-driving future

By Chris Kirkham (Reuters) -Tesla faces an existential test this month as it aims to launch self-driving “robotaxis” in its…

June 11, 2025
Oracle beats quarterly results estimates on cloud services demand, shares rise
Business

Oracle beats quarterly results estimates on cloud services demand, shares rise

(Reuters) -Oracle beat Wall Street estimates for fourth-quarter results on Wednesday, boosted by growing demand for its cloud offerings from…

June 11, 2025
Meta to pay nearly $15 billion for Scale AI stake, The Information reports
Business

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…

June 10, 2025
Snap to launch smart glasses for users in 2026 in challenge to Meta
Business

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…

June 10, 2025
GameStop reports decline in quarterly revenue
Business

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…

June 10, 2025

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