(Reuters) -Elon Musk’s social media company X is bringing back popular video-sharing platform Vine in “AI form”, the billionaire tech-entrepreneur…
Category: Business
Amazon faces UK lawsuits worth up to $5.4 billion from retailers, consumers
LONDON (Reuters) -Amazon faces two mass lawsuits from retailers and consumers worth up to 4 billion pounds ($5.4 billion) for…
McGraw Hill valued at $3.25 billion as shares open flat in underwhelming debut
By Pritam Biswas (Reuters) -U.S. publisher McGraw Hill was valued at $3.25 billion as its shares opened at par in…
Mattel cuts 2025 forecast after two-month pause, hurt by tariff uncertainties
By Savyata Mishra (Reuters) -Toymaker Mattel cut its annual forecast, reinstating it after two months, and posted a sharp drop…
NextEra beats quarterly profit estimates on massive power demand
(Reuters) -NextEra Energy beat Wall Street estimates for second-quarter adjusted profit on Wednesday, boosted by robust growth in its renewables…
Chipotle cuts sales target as dining out slows; shares drop
(Reuters) -Chipotle Mexican Grill on Wednesday lowered its annual sales growth target again and missed quarterly sales estimates as economic…
Tesla’s California sales down for seven straight quarters
(Reuters) -Tesla’s electric vehicle registrations in California fell 21.1% in the second quarter, according to industry data, marking the seventh…
Mexican broadcaster Televisa flips to profit in second quarter
MEXICO CITY (Reuters) -Mexican broadcaster Televisa on Tuesday reported a net profit of 474.5 million pesos ($25.3 million) for the…
OpenAI and UK sign new AI agreement to boost security, infrastructure
(Reuters) -The UK government said it signed a strategic partnership with OpenAI on Monday, with plans to expand AI security…
Nvidia’s China restart faces production obstacles, The Information reports
(Reuters) -Nvidia has told its Chinese customers it has limited supplies of H20 chips, the most powerful AI chip it…