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…
Green steel needs tiered incentives to become reality in Asia: Russell
By Clyde Russell SINGAPORE (Reuters) -It’s time for a reality check about decarbonising Asia’s vast and growing steel sector. Reducing…
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,…
US House quickly defeats Greene’s effort to oust Speaker Johnson
By David Morgan and Makini Brice WASHINGTON (Reuters) -The U.S. House of Representatives on Wednesday swiftly and overwhelmingly defeated an…
Grayscale’s application for ethereum futures ETF withdrawn
(Reuters) – Crypto asset manager Grayscale Investments’ proposal for an exchange-traded fund tied to ether futures was withdrawn last week,…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…
Citadel’s Griffin says Fed’s first rate cut may come in December
By Carolina Mandl Beverly Hills (Reuters) – Ken Griffin, Citadel’s founder and chief executive, said on Monday that he is…
Tesla lays off more staff in software, service teams, Electrek reports
(Reuters) -Electric-vehicle maker Tesla has laid off staff from the software, service and engineering departments, tech publication Electrek reported on…
Microsoft readies new AI model to compete with Google, OpenAI, The Information reports
(Reuters) -Microsoft is training a new, in-house AI language model large enough to compete with those from Alphabet’s Google and…
Buffett says Berkshire in good hands, lauds Apple despite lowering stake
By Jonathan Stempel and Koh Gui Qing OMAHA, Nebraska (Reuters) -Warren Buffett assured Berkshire Hathaway shareholders on Saturday that the…