By Jonathan Stempel (Reuters) – PacifiCorp, a utility owned by billionaire Warren Buffett’s Berkshire Hathaway, said on Monday it agreed to pay $178 million to
Category: Business
Microsoft to lay off hundreds at Azure cloud unit, Business Insider reports
(Reuters) -Microsoft is cutting hundreds of jobs at its Azure cloud unit, Business Insider reported on Monday, citing people familiar with the situation. The layoffs
Nvidia says its next-generation AI chip platform to be rolled out in 2026
TAIPEI (Reuters) -Nvidia Chief Executive Jensen Huang said on Sunday that the company’s next-generation artificial intelligence (AI) chip platform was called Rubin and would be
Meta’s Facebook says it is attracting most young adults in 3 years
By Katie Paul NEW YORK (Reuters) – Meta said on Friday its flagship app Facebook is attracting its highest number of young adults in three
Delta Air Lines committed to Boeing MAX 10, doesn’t expect delivery soon
By Lisa Barrington DUBAI (Reuters) – Delta Air Lines is still committed to the Boeing 737 MAX 10 model that it has on order for
Carl Icahn has sizable stake in Caesars Entertainment, Bloomberg News reports
(Reuters) – Activist investor Carl Icahn has a sizable position in casino operator Caesars Entertainment, Bloomberg News reported on Friday citing sources familiar with the
Struggling Dow transport stocks could be economic warning signal
By Lewis Krauskopf NEW YORK (Reuters) – It’s been a banner year for the major U.S. stock indexes, but one economically sensitive corner of the
US refiners boosting fuel output past 90% of capacity for summer driving season
By Erwin Seba and Nicole Jao HOUSTON (Reuters) – U.S. crude oil refiners aim to operate above 90% of their combined processing capacity for the
OpenAI responds to warnings of self governance by former board members, the Economist reports
(Reuters) – OpenAI’s board on Thursday pushed back on allegations from its former members that concerns over artificial intelligence safety at the startup necessitated Sam
Salesforce plummets as weak forecast sparks concerns of AI competition
By Kanchana Chakravarty and Arsheeya Bajwa (Reuters) -Salesforce shares slumped about 18% on Thursday, after its lowest-ever quarterly revenue growth forecast raised fears that high