Apple plans AirPods feature that can live-translate conversations, Bloomberg News reports
(Reuters) – Apple is planning a new AirPods feature that would allow the device to live-translate conversations with people into…
Category: Business
SoftBank, OpenAI to build AI data centre in Japan, Nikkei reports
(Reuters) -SoftBank plans to transform a former Sharp LCD panel plant in Japan into a data centre for operating artificial…
Warburg Pincus, KKR in talks to buy medical packaging maker Gerresheimer, Bloomberg News reports
(Reuters) -A consortium consisting of Warburg Pincus and KKR is in talks to acquire German packaging and medical equipment maker…
Bank of America cuts 150 junior roles in investment banking, sources say
By Svea Herbst-Bayliss and Saeed Azhar NEW YORK (Reuters) – Bank of America’s latest cull has eliminated 150 jobs of…
Apple preparing for a major software overhaul, Bloomberg News reports
(Reuters) -Apple is preparing a major overhaul of its software, due later this year, which will change the look of…
Oracle expects 15% revenue growth next fiscal year on strong AI cloud demand
(Reuters) – Oracle CEO Safra Catz said that the company’s large sales backlog will help drive 15% growth in its…
Delta Airlines cuts first-quarter forecast on economic uncertainty
By Rajesh Kumar Singh CHICAGO (Reuters) -Delta Air Lines on Monday slashed its profit estimates for the current quarter through…
Elon Musk’s xAI buys new property in Memphis amid supercomputer expansion
(Reuters) – Elon Musk-owned artificial intelligence firm xAI has bought a 1-million-square-foot property in Southwest Memphis, Tennessee, the Greater Memphis…
Walgreens to be taken private by Sycamore in $10 billion deal
By Sabrina Valle and Abigail Summerville (Reuters) -Walgreens Boots Alliance will be taken private by Sycamore Partners for $10 billion,…
Insignia opens books after Bain, CC Capital raise bid to $2.1 billion
(Reuters) -Insignia Financial has granted access to its books to two key suitors after both Bain Capital and CC Capital…