FedEx tumbles after sober results, broader market slips
By Shivansh Tiwary (Reuters) -Shares of FedEx sank 12% on Wednesday following dismal results and an outlook that prompted a…
AI cannot be patent ‘inventor’, UK Supreme Court rules in landmark case
LONDON (Reuters) – A U.S. computer scientist on Wednesday lost his bid to register patents over inventions created by his…
Russian court fines Google $50.8 million over ‘fake’ information -TASS
MOSCOW (Reuters) – A Russian court fined Alphabet’s Google on Wednesday 4.6 billion roubles ($50.84 million) for failing to delete…
Google to pay $700 million to US consumers, states in Play store settlement
By Mike Scarcella (Reuters) -Alphabet’s Google will pay $700 million and revamp its Play app store to allow for greater…
Nippon Steel confident hefty premium for U.S. Steel makes sense
By Yuka Obayashi and Mariko Katsumura TOKYO (Reuters) -Nippon Steel said on Tuesday its $14.1 billion deal to buy U.S.…
Apple to halt US sales of Series 9, Ultra 2 smartwatches over patent dispute
By Samrhitha A, Stephen Nellis and Blake Brittain (Reuters) -Apple said on Monday it would pause sales of its Series…
Japan’s Nippon Steel to acquire U.S. Steel for $14.9 billion
By Shivansh Tiwary and Anirban Sen (Reuters) -Japan’s Nippon Steel clinched a deal on Monday to buy U.S. Steel for…
Global shares up with Treasury yields, oil rallies on supply worries
By Sinéad Carew NEW YORK (Reuters) -MSCI’s global equity index advanced slightly, oil prices rallied on supply concerns and U.S.…
OpenAI outlines AI safety plan, allowing board to reverse decisions
By Anna Tong Artificial intelligence company OpenAI laid out a framework to address safety in its most advanced models, including…
Factbox-What to expect in 2024: Fed pivot, cooling inflation, easing growth
(Reuters) -Global growth will likely slow in 2024 but a dovish tilt in the Federal Reserve’s rhetoric has raised hopes…