Microsoft, OpenAI tie-up comes under antitrust scrutiny
By Muvija M, Chavi Mehta and Aditya Soni LONDON (Reuters) -Microsoft’s partnership with ChatGPT maker OpenAI is under US and…
Tag: Updated
Stocks gain, Treasury yields jump after US job report
By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks rose on Friday, on pace for its sixth straight…
Google against potential EU break-up order, says not proportionate
By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google on Friday criticised a potential order from EU antitrust regulators to sell…
Nvidia to partner Malaysia’s YTL Power in $4.3 billion AI development project
By Rozanna Latiff and Fanny Potkin KUALA LUMPUR -Malaysian conglomerate YTL’s utilities unit will partner with U.S technology giant Nvidia to develop…
Cerevel options trading surge before AbbVie deal news raises eyebrows
By Saqib Iqbal Ahmed NEW YORK (Reuters) -Trading in the options of Cerevel Therapeutics Holdings Inc experienced an unusual surge…
Dollar General warns of constrained consumer spending heading into 2024
By Granth Vanaik (Reuters) -Dollar General on Thursday warned of constrained customer spending, especially in categories such as clothes and…
China and EU leaders agree on need of ‘balanced’ trade ties
By Laurie Chen BEIJING (Reuters) -China and the European Union agreed their trade relationship should be more balanced at their…
Robinhood expands crypto trading to more-regulated European Union
(Reuters) -Robinhood Markets on Thursday launched crypto trading for customers in the European Union, expanding into a market with greater…
Elon Musk’s AI firm xAI files to raise up to $1 billion in equity offering
(Reuters) -Elon Musk’s artificial intelligence startup xAI has filed with the U.S. securities regulator to raise up to $1 billion…
US to award $6.1 billion to Las Vegas, California high-speed rail projects
By David Shepardson WASHINGTON (Reuters) – The U.S. Transportation Department is awarding $3 billion for a $12 billion Las Vegas…