Amazon doubles down on AI startup Anthropic with $4 billion investment
By Arsheeya Bajwa (Reuters) -Amazon.com pumped in an additional $4 billion into artificial intelligence startup Anthropic, as the e-commerce giant…
Category: Business
Robinhood’s chief legal officer Gallagher rules out becoming SEC chair, CNBC reports
(Reuters) – Robinhood Markets’ Chief Legal Officer Dan Gallagher, a former commissioner of the Securities and Exchange Commission who was…
Netflix set for biggest weekly gain since January after Paul-Tyson fight
By Caroline Valetkevitch NEW YORK (Reuters) – Netflix shares were on track for a fifth consecutive gain on Friday and…
Automakers urge Trump to preserve EV tax credits, boost self-driving cars
By David Shepardson WASHINGTON (Reuters) – A group representing major automakers including General Motors, Toyota Motor Corp, and Volkswagen urged…
Exclusive-Amazon likely to face investigation under EU tech rules next year, sources say
By Foo Yun Chee BRUSSELS (Reuters) -Amazon will likely face an EU investigation next year into whether it favours its…
Analysis-Legal hurdles ahead for Google’s forced sale of Chrome
By Deborah Mary Sophia, Akash Sriram and Kenrick Cai (Reuters) – Efforts by U.S. antitrust regulators to break up Alphabet…
Exxon Mobil pulls out of talks with Guyana over shallow water oil block, gov says
GEORGETOWN (Reuters) – U.S. oil major Exxon Mobil has pulled out of negotiations with Guyana’s government on terms for exploring…
Snowflake raises annual product revenue forecast, announces AI deal with Anthropic
(Reuters) -Data cloud and analytics provider Snowflake on Wednesday raised its annual product revenue forecast and announced a multi-year partnership…
Stellantis unveils technology to support flexible EV production, delays Ram electric pickup
By Nora Eckert DETROIT (Reuters) -Stellantis said on Tuesday it will deploy a new vehicle system that will support assembly…
Walmart stock set for best year since 1999 as profits jump
By Juveria Tabassum (Reuters) – Walmart shares are set for their best yearly gains in over two decades as the…