BRUSSELS (Reuters) -The European Commission on Thursday fined Meta Platforms €797.72 million ($840.24 million) over…
Category: Business
AMD to cut 4% of global workforce as it focuses on AI chip development
(Reuters) – Advanced Micro Devices is laying off 4% of its global workforce, or about…
ValueAct takes $1-billion stake in Meta, source says
By Svea Herbst-Bayliss (Reuters) -ValueAct Capital has built a $1-billion stake in Meta Platforms but…
Shopify delivers upbeat holiday forecast as AI draws customers, shares surge
(Reuters) -Shopify forecast fourth-quarter revenue growth above estimates on Tuesday, as the Canadian company’s focus…
Tesla options draw ‘euphoric’ trading as Trump win fires up stock
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors are piling into bullish options bets…
Bitcoin rises above $80,000 for first time
(Reuters) -Bitcoin was trading near record $80,000 on Sunday after hitting it earlier in the…
Trump Media shares slump as US election euphoria fades
(Reuters) – Shares of Trump Media & Technology Group slumped to a two-week low on…
Tesla investors lose bid for new US trial over Musk’s 2018 tweets
By Nate Raymond (Reuters) – A U.S. appeals court on Wednesday upheld a jury’s verdict…
US green power demand expected to grow regardless of election outcome
By Jacob Gronholt-Pedersen and Stine Jacobsen COPENHAGEN (Reuters) -Demand for green power in the United…
Apple set to face fine under EU’s landmark Digital Markets Act, sources say
By Foo Yun Chee (Reuters) -Apple is set to be fined by the European Union’s…