FRANKFURT (Reuters) – Volkswagen’s CEO, who is pushing for unprecedented cutbacks in the German carmaker’s home market, said change was needed because the European market
Category: Business
New iPhone will use Arm’s chip technology for AI, FT reports
(Reuters) -Apple’s latest iPhone with its A18 chip, which is set to be unveiled at an event on Monday, has been developed using SoftBank-owned Arm’s
Roblox set to launch paid videogames on its virtual platform
By Zaheer Kachwala (Reuters) – Roblox will roll out paid videogames on its platform and allow developers to sell physical merchandise through their created games,
Amazon plans $5 billion of small-ticket exports from India in 2024 in shift from China
By Manoj Kumar NEW DELHI (Reuters) – Amazon Inc plans to export about $5 billion of small-ticket items from India this year, up from nearly
Applied Digital surges 65% on funding deal with investors, including Nvidia
(Reuters) -Applied Digital shares soared nearly 65% to hit their highest level in more than a month on Thursday, after the data center operator said
OpenAI considers pricier subscriptions to its Chatbot AI, The Information reports
(Reuters) -OpenAI executives have discussed higher-priced subscriptions for upcoming large language models, such as its reasoning-focused Strawberry and a new flagship LLM dubbed Orion, the
Tesla shares gain on plans to launch Full Self-Driving in Europe, China
(Reuters) – Tesla shares rose 2.5% on Thursday after the electric automaker stuck to its plans to roll out the Full Self-Driving (FSD) advanced driver
Nvidia’s stock swoon turns attention to Big Tech’s sway over markets
By Lewis Krauskopf NEW YORK (Reuters) – Shares of Nvidia and other Big Tech stocks have helped power the markets run to record highs this
Nokia signs fibre deal with AT&T after losing network contract to Ericsson
HELSINKI (Reuters) – U.S. telecoms operator AT&T and Finnish network equipment maker Nokia have signed an agreement to build a fibre network in the U.S.,
Hedge funds bet against banks, insurance and property, says Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Hedge funds continued to take bets against bank and financial stocks in the week to Friday, Goldman Sachs wrote