BRUSSELS (Reuters) -The European Commission dismissed on Monday reports suggesting it was willing to accept a broad U.S. tariff of…
Category: Business
Amazon to invest $13 billion in Australia’s data center infrastructure over five years
By Surbhi Misra (Reuters) -Amazon will invest A$20 billion ($12.97 billion) from 2025 to 2029 to expand, operate and maintain…
Elon Musk’s X sees partial recovery after outage hits US users, Downdetector shows
(Reuters) -Social media platform X showed signs of recovery on Saturday after an outage disrupted access for thousands of users…
Gap shares slide as tariffs loom large over apparel maker’s turnaround plans
By Savyata Mishra (Reuters) – Gap shares fell 20% in early trading on Friday after the Old Navy owner warned…
23andMe’s founder Anne Wojcicki wins bid for bankrupt DNA testing firm
By Siddhi Mahatole and Mariam Sunny (Reuters) -Anne Wojcicki is set to regain control of 23andMe after a $305 million…
Traders pile into $80 US oil bets as tensions rise in Middle East
(Reuters) -Traders on Friday exchanged the most $80 West Texas Intermediate (WTI) crude oil call options since January, expecting more…
Nippon Steel exec says firm needs freedom to manage U.S. Steel, newspaper says
(Reuters) -Shares of U.S. Steel dipped after a Nippon Steel executive told the Japanese Nikkei newspaper that its planned takeover…
Adobe shares slide as investors skeptical of quicker AI-adoption returns
By Twesha Dikshit (Reuters) -Adobe’s shares dropped 7% in early trading on Friday as investors’ concern that the company’s AI…
Britain says Google’s online-ad commitments no longer needed
LONDON (Reuters) -Britain’s antitrust regulator said commitments it secured from Google in 2022 related to online advertising were no longer…
OpenAI to continue working with Scale AI after Meta deal
By Supantha Mukherjee PARIS (Reuters) -OpenAI plans to continue working with Scale AI after rival Meta on Friday agreed to…