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Category: Business

Meta’s head of AI research to depart in May
Business

Meta’s head of AI research to depart in May

(Reuters) – Meta Platforms’ head of artificial intelligence research, Joelle Pineau, plans to leave the company, at a time when…

April 1, 2025
Alibaba prepares for flagship AI model release as soon as April, Bloomberg News reports
Business

Alibaba prepares for flagship AI model release as soon as April, Bloomberg News reports

(Reuters) -China’s tech and e-commerce giant Alibaba Group is planning to release Qwen 3, an upgraded version of its flagship…

April 1, 2025
Gold sails above $3,100 to uncharted territory as US tariffs approach
Business

Gold sails above $3,100 to uncharted territory as US tariffs approach

By Anjana Anil and Anushree Mukherjee (Reuters) – Gold prices soared to record levels above $3,100 per ounce in a…

March 31, 2025
OpenAI plans to release open-weight language model in coming months
Business

OpenAI plans to release open-weight language model in coming months

(Reuters) -OpenAI is planning to release its first open-weight language model with reasoning capabilities since GPT‑2 in the coming months,…

March 31, 2025
Musk’s X back up after brief outage hits US users, Downdetector shows
Business

Musk’s X back up after brief outage hits US users, Downdetector shows

(Reuters) – Social media platform X on Friday recovered after a short outage that impacted thousands of users in the…

March 28, 2025
Automakers warn new Trump tariffs will boost costs, cut vehicle sales
Business

Automakers warn new Trump tariffs will boost costs, cut vehicle sales

WASHINGTON (Reuters) – A group representing General Motors Toyota, Volkswagen and other major automakers warned new 25% tariffs President Donald…

March 28, 2025
Exclusive-Blackstone evaluates taking a stake in US TikTok spinoff
Business

Exclusive-Blackstone evaluates taking a stake in US TikTok spinoff

By Dawn Chmielewski, Katie Paul and Kane Wu (Reuters) – Private equity firm Blackstone is evaluating taking a small minority…

March 28, 2025
Walgreen to pay more than $2.85 million to settle US overbilling charges
Business

Walgreen to pay more than $2.85 million to settle US overbilling charges

(Reuters) -Walgreen will pay more than $2.85 million to settle whistleblower allegations that the pharmacy overbilled Medicaid programs in Georgia…

March 27, 2025
GameStop shares tumble as investors question bitcoin pivot
Business

GameStop shares tumble as investors question bitcoin pivot

By Lisa Pauline Mattackal (Reuters) – Shares of GameStop fell more than 15% on Thursday after the company’s plan to…

March 27, 2025
Microsoft pulls back from more data center leases in US and Europe, analysts say
Business

Microsoft pulls back from more data center leases in US and Europe, analysts say

(Reuters) -Microsoft has abandoned data center projects set to use 2 gigawatts of electricity in the U.S. and Europe in…

March 26, 2025

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