Chinese companies win licensing bids to explore Iraq oil and gas fields
By Moayed Kenany, Timour Azhari and Adam Makary BAGHDAD (Reuters) -Chinese companies won bids to explore five Iraqi oil and…
Category: Business
Microsoft hit with $242 million US verdict in Cortana patent lawsuit
By Blake Brittain (Reuters) – Microsoft must pay patent owner IPA Technologies $242 million, a federal jury in Delaware said…
OpenAI plans to announce Google search competitor on Monday, sources say
By Anna Tong (Reuters) -OpenAI plans to announce its artificial intelligence-powered search product on Monday, according to two sources familiar…
After layoffs, Musk says Tesla to spend $500 million on charging network
(Reuters) -Tesla will spend more than $500 million this year to expand its fast-charging network, CEO Elon Musk said on…
BP looks to expand EV charging unit in US after Tesla disbands Supercharger team
(Reuters) -BP’s electric charging unit is keen on expanding in the United States after electric vehicle maker Tesla disbanded its…
Robinhood makes headway beyond trading
By Niket Nishant and Manya Saini (Reuters) – Robinhood Markets’ suite of new products, including its credit card and futures…
Airbnb forecasts weaker Q2 revenue despite robust demand for international travel
(This May 8 story has been corrected to clarify that nights and experiences booked rose to 133 million, not $133…
Google DeepMind unveils next generation of drug discovery AI model
By Martin Coulter LONDON (Reuters) – Google Deepmind has unveiled the third major version of its “AlphaFold” artificial intelligence model,…
Grayscale’s application for ethereum futures ETF withdrawn
(Reuters) – Crypto asset manager Grayscale Investments’ proposal for an exchange-traded fund tied to ether futures was withdrawn last week,…
Exclusive-Disney and Comcast seek advisor to resolve Hulu valuation, sources say
By Anirban Sen and Dawn Chmielewski NEW YORK (Reuters) – Walt Disney and Comcast are seeking to hire a financial…