US scraps sanctions on Tornado Cash, crypto ‘mixer’ accused of laundering North Korea money
By Hannah Lang (Reuters) – The U.S. Treasury on Friday lifted economic sanctions against Tornado Cash, a firm that makes…
Author: Wall St Mavens
Apple losing over $1 billion a year on streaming service, the Information reports
(Reuters) -Apple is losing more than $1 billion a year on its streaming service, the Information reported on Thursday, citing…
Trump trade upheaval leaves foreign central banks guessing
By Howard Schneider, Mark John and Karin Strohecker WASHINGTON/LONDON (Reuters) – Slowing economic growth mixed with a bout of renewed…
Nvidia to open quantum computing lab, CEO says
By Stephen Nellis SAN JOSE, California (Reuters) -Nvidia will open a quantum computing research lab in Boston, where it plans…
Perplexity AI in talks to raise funds at $18 billion valuation, source says
By Jaspreet Singh and Akash Sriram (Reuters) -Perplexity AI is in talks to raise funds at an $18 billion valuation,…
Google, Apple hit by EU regulatory crackdown
By Foo Yun Chee BRUSSELS (Reuters) -Google was hit with two charges of breaching landmark EU rules on Wednesday, while…
State Dept denies deleting data on halted program tracking abducted Ukrainian children
By Daphne Psaledakis and Humeyra Pamuk WASHINGTON (Reuters) – The U.S. State Department on Wednesday denied that data collected in…
Nvidia CEO says orders for 3.6 million Blackwell GPUs exclude Meta
(Reuters) -Nvidia CEO Jensen Huang said on Wednesday that orders for some 3.6 million of its flagship “Blackwell” chips from…
Music revenues rise again in 2024, boosted by streaming subscriptions, report shows
LONDON (Reuters) – Subscription streaming boosted global recorded music revenues for a tenth straight year in 2024, by 4.8% to…
Google preparing to partner with Taiwan’s MediaTek on next AI chip, Information reports
(Reuters) – Alphabet’s Google is preparing to partner with Taiwan’s MediaTek on the next version of its AI chips, Tensor…