Nvidia’s supply snags limit deliveries even as demand booms
By Stephen Nellis and Aditya Soni SAN FRANCISCO/BENGALURU (Reuters) -Nvidia’s revenue forecast on Wednesday raised questions over whether the artificial…
Category: Business
Comcast to spin off some cable TV networks as streaming dominates
By Dawn Chmielewski (Reuters) -Comcast said on Wednesday that it plans to spin-off the bulk of its fading NBCUniversal cable…
Uncertainty clouds holiday shopping season after mixed forecasts from Walmart, Target
By Juveria Tabassum and Arriana McLymore (Reuters) – Retailers are in for a mixed holiday season this year ahead of…
Nvidia’s Run:ai deal to get EU antitrust decision by Dec. 20
BRUSSELS (Reuters) – EU antitrust regulators will make a decision on U.S. chipmaker Nvidia’s proposed acquisition of Israeli AI startup…
Tesla gains on report Trump’s team planning federal self-driving vehicle regulations
By Akash Sriram (Reuters) -Tesla shares rose more than 5% on Monday after Bloomberg News reported that President-elect Donald Trump’s…
Musk expands lawsuit against OpenAI, adding Microsoft and antitrust claims
By Mike Scarcella (Reuters) -Billionaire entrepreneur Elon Musk expanded his lawsuit against ChatGPT maker OpenAI, adding federal antitrust and other…
Palantir shares rally to fresh record on plans for move to Nasdaq
By Sinéad Carew (Reuters) – Shares in Palantir Technologies Inc were up more than 6% on Friday, hitting a record…
EU fines Meta 797 million euros over abusive practices benefiting Facebook Marketplace
BRUSSELS (Reuters) -The European Commission on Thursday fined Meta Platforms €797.72 million ($840.24 million) over abusive practices benefiting Facebook Marketplace,…
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 1,000 employees, as it directs…
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 is not currently pushing for…