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Category: Business

Amazon’s iRobot deal faces EU antitrust veto, sources say
Business

Amazon’s iRobot deal faces EU antitrust veto, sources say

By Foo Yun Chee BRUSSELS (Reuters) – Amazon’s $1.4 billion acquisition of robot vacuum maker iRobot will be blocked by…

January 20, 2024January 21, 2024
Waymo seeks to expand driverless service to Los Angeles
Business

Waymo seeks to expand driverless service to Los Angeles

(Reuters) -Waymo, Alphabet Inc’s autonomous driving unit, said on Friday it had applied to the California Public Utilities Commission to…

January 20, 2024January 21, 2024
Microsoft says Russian state-sponsored hackers spied on its executives
Business

Microsoft says Russian state-sponsored hackers spied on its executives

By Zeba Siddiqui and Christopher Bing (Reuters) -Microsoft said on Friday that a Russian state-sponsored group hacked into its corporate…

January 19, 2024January 21, 2024
Binance to face off against US securities regulator in court
Business

Binance to face off against US securities regulator in court

By Chris Prentice, Jody Godoy and Hannah Lang (Reuters) -Binance is due to square off against the U.S. Securities and…

January 19, 2024January 19, 2024
Ford cuts F-150 Lightning production as EV demand softens
Business

Ford cuts F-150 Lightning production as EV demand softens

By David Shepardson and Nathan Gomes (Reuters) -Ford Motor said on Friday it would reduce production of its F-150 Lightning…

January 19, 2024January 19, 2024
US announces $325 million to repair EV chargers, cut battery costs
Business

US announces $325 million to repair EV chargers, cut battery costs

(Reuters) -The U.S. Departments of Transportation and Energy will invest$325 million across three programs to advance EV technologies, repair chargers…

January 19, 2024January 19, 2024
Meta ramps up AI efforts by building chip arsenal, consolidating teams
Business

Meta ramps up AI efforts by building chip arsenal, consolidating teams

NEW YORK (Reuters) -Meta CEO Mark Zuckerberg said on Thursday that the company was bringing its AI research team “closer…

January 18, 2024January 18, 2024
Spirit Airlines is looking at options to refinance its debt -source
Business

Spirit Airlines is looking at options to refinance its debt -source

CHICAGO (Reuters) – Spirit Airlines is looking at options to refinance its debt and is not considering restructuring, a person…

January 18, 2024January 18, 2024
Apple to sell some watches without blood oxygen feature after US court ruling
Business

Apple to sell some watches without blood oxygen feature after US court ruling

By Blake Brittain and Stephen Nellis WASHINGTON/SAN FRANCISCO (Reuters) -Apple said on Wednesday it would remove a blood oxygen monitoring…

January 18, 2024January 18, 2024
Musk’s X approved for Virginia money transmitter license
Business

Musk’s X approved for Virginia money transmitter license

By Sheila Dang (Reuters) – Social media platform X received approval for a money transmitter license in Virginia, the 17th…

January 17, 2024January 17, 2024

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