Nvidia shares soar nearly 30% as sales forecast jumps and AI booms
By Chavi Mehta and Stephen Nellis (Reuters) -Nvidia Corp on Wednesday forecast second-quarter revenue more than 50% above Wall Street
2023-05-25 06:22
Chipmaker Analog Devices' weak forecast sparks share selloff
(Reuters) -Analog Devices Inc said on Wednesday that a turbulent economy would weigh on its third-quarter results, sending the chipmaker's
2023-05-24 21:59
EU, U.S. to seek stopgap standards for AI - EU tech chief
By Philip Blenkinsop BRUSSELS The European Union and the United States are set to step up cooperation on
2023-05-24 21:17
Alibaba unit ordered to pay NetEase $7.2 million over game copyright
By Josh Ye HONG KONG (Reuters) -A Chinese court has ordered an Alibaba Group unit that developed the hit mobile
2023-05-24 20:45
Facebook owner Meta starts final round of layoffs
By Katie Paul NEW YORK (Reuters) -Meta Platforms Inc started carrying out the last batch of a three-part round of
2023-05-24 20:17
Uber steps up EV push in India with Uber Green
By Aditi Shah and Navamya Ganesh Acharya NEW DELHI/BENGALURU (Reuters) -Ride-hailing platform Uber Technologies is stepping up its efforts to
2023-05-24 18:28
Japan's Rakuten set to raise $2.18 billion through share issue
TOKYO (Reuters) -Japanese e-commerce and fintech conglomerate Rakuten Group Inc will raise up to 294.2 billion yen ($2.18 billion) by
2023-05-24 16:52
Meta sells Giphy to Shutterstock to comply with UK regulator order
(Reuters) -Shutterstock Inc said on Tuesday it would buy animated-images platform Giphy Inc from Meta Platforms Inc for $53 million
2023-05-24 06:21
Meta sells Giphy at a significant loss after UK breakup order
Stock-photo website Shutterstock on Tuesday said it will acquire Giphy and its online repository of animated images for $53 million, after UK antitrust regulators forced Meta to spin off the company last year.
2023-05-23 23:27
Alphabet-backed AI startup Anthropic raises $450 million as funding freeze thaws
Anthropic, an artificial intelligence startup backed by Google parent Alphabet Inc, said on Tuesday it had raised $450
2023-05-23 23:20
Lordstown opts for reverse stock split to meet Nasdaq rules, appease Foxconn
(Reuters) -Lordstown Motors Corp said on Tuesday it will carry out a reverse stock split to meet the Nasdaq listing
2023-05-23 19:59
EU seeks top court backing in $14 billion tax fight against Apple
By Foo Yun Chee LUXEMBOURG EU competition regulators appealed to the bloc's highest court on Tuesday to override
2023-05-23 18:51