By Stephen Nellis SAN FRANCISCO (Reuters) -Adobe is in the early stages of allowing third-party generative artificial intelligence tools such as OpenAI’s Sora and others
Category: Business
Apple denies violating US court order in Epic Games lawsuit
By Mike Scarcella (Reuters) – IPhone maker Apple on Friday denied violating a court order governing its App Store and urged a California federal judge
Strong US retail sales boost first-quarter growth estimates
By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales increased more than expected in March amid a surge in receipts at online retailers, further evidence
Apple loses top phonemaker spot to Samsung as iPhone shipments drop, IDC says
(Reuters) – Apple’s smartphone shipments dropped about 10% in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming for the
Surging US energy shares reflect robust growth, inflation worries
By Lewis Krauskopf NEW YORK (Reuters) -U.S. energy shares are soaring as investors benefit from rising oil prices and a stronger-than-expected economy, while seeking to
Software giant Salesforce in advanced talks to buy Informatica
By Anirban Sen (Reuters) -Customer relations software maker Salesforce is in advanced talks to acquire Informatica, a person familiar with the matter told Reuters on
China drafts rules on tighter stock trading, listing regulations
SHANGHAI (Reuters) -China’s securities regulator issued draft rules on Friday to strengthen the supervision of company listings, delistings and computer-driven programme trading, in a move
Apple loses bid to throw out UK lawsuit over App Store fees
By Sam Tobin and Martin Coulter LONDON (Reuters) -Apple’s bid to dismiss a lawsuit valued at nearly $1 billion was rejected on Friday, with a
Ohio senator wants Biden to permanently ban Chinese EVs from US
By David Shepardson WASHINGTON (Reuters) -The chair of the Senate Banking Committee on Thursday urged President Joe Biden to block Chinese-made vehicles from the United
Hot inflation may put Fed rate cut in thick of election season
By Howard Schneider WASHINGTON (Reuters) – Hot U.S. inflation data has put the Federal Reserve’s debate over a first interest rate cut on a potential