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 antitrust regulators under the bloc’s…
Category: Business
Super Micro says cannot predict timing of annual filing; shares down
(Reuters) -Super Micro Computer, whose auditor unexpectedly stepped down last week, on Tuesday flagged uncertainty about the timing of its…
Robot AI startup Physical Intelligence raises $400 million from Bezos, OpenAI
(Reuters) – Physical Intelligence, a startup that is developing foundational software for robots, said on Monday it has raised $400…
Ford’s US sales rise about 15% in October
(Reuters) – Ford Motor on Monday reported an about 15% rise in U.S. auto sales during October from a year…
Robinhood shares drop as growth push takes a toll on Q3 results
(Reuters) – Shares of Robinhood Markets fell nearly 11% before the market open on Thursday after more than doubling in…
Merck third quarter better than expected, but Gardasil sales sag in China again
By Michael Erman (Reuters) – Merck & Co posted higher-than-expected third-quarter earnings on Thursday on strong sales of its blockbuster…
Ford to halt production of F-150 Lightning EV pickup trucks for six weeks
(Reuters) – Ford Motor said on Thursday it will halt production of F-150 Lightning electric vehicle pickup trucks for six…
Amazon workers ‘appalled’ by AWS CEO’s return to office remarks, urge policy reversal
By Greg Bensinger (Reuters) -More than 500 Amazon.com employees sent a letter on Wednesday to the CEO of its AWS…
Exclusive-OpenAI builds first chip with Broadcom and TSMC, scales back foundry ambition
By Krystal Hu, Fanny Potkin and Stephen Nellis (Reuters) – OpenAI is working with Broadcom and TSMC to build its…
Goldman Sachs, Morgan Stanley CEOs see more dealmaking in 2025
LONDON (Reuters) – The CEOs of Goldman Sachs and Morgan Stanley said on Tuesday they expected corporate dealmaking to pick…