NEW YORK (Reuters) – Meta said on Wednesday it had found “likely AI-generated” content used deceptively on its Facebook and Instagram platforms, including comments praising
Category: Business
Musk’s $56 billion pay package opposed by CalPERS CEO, CNBC reports
(Reuters) -The California Public Employees Retirement System (CalPERS) CEO Marcie Frost is planning to oppose Tesla CEO Elon Musk’s $56 billion pay package, CNBC reported
Visa, Mastercard to pay $197 million to settle consumer ATM fee lawsuit
By Mike Scarcella (Reuters) – Visa and Mastercard have agreed to pay $197 million to resolve a class action by millions of consumers accusing the
ConocoPhillips to buy Marathon Oil for $22.5 billion in latest energy merger
(Reuters) -ConocoPhillips on Wednesday agreed to buy Marathon Oil in a $22.5 billion all-stock deal, the latest in a series of mega-deals in the oil
Siemens Energy’s Gamesa to cut 4,100 jobs, CEO says in staff letter
FRANKFURT (Reuters) -Siemens Energy’s wind turbine division Siemens Gamesa is planning to cut 4,100 jobs, or around 15% of its workforce, the unit’s Chief Executive
AI darling Nvidia’s market value surges closer to Apple
By Zaheer Kachwala (Reuters) – Nvidia’s shares rallied around 6% to hit a record high on Tuesday, leaving the AI chipmaker’s stock market value about
Samsung encouraged to invest more in China, Premier Li Qiang says
BEIJING (Reuters) – Chinese Premier Li Qiang told Samsung Chairman Jay Y. Lee on Sunday that China welcomed further investment by the Korean conglomerate, state
JPMorgan to pay $100 million over CFTC trade reporting violations
(Reuters) -JPMorgan Chase & Co will pay $100 million and admit it broke U.S. Commodity Futures Trading Commission rules in connection with trade reporting lapses,
GameStop surges after fetching $933 million from stock sale
(Reuters) -GameStop made nearly $933.4 million by selling 45 million shares, the struggling videogame retailer said on Friday, sending its shares up 15% after the
SpaceX mulling tender offer at $200 billion valuation, Bloomberg News reports
(Reuters) -Elon Musk’s SpaceX has initiated discussions about selling existing shares in a deal that could value the company at roughly $200 billion, Bloomberg News