by iwd | Oct 28, 2024 | Business
(Reuters) -Meta Platforms is working on an artificial intelligence-based search engine as it looks to reduce dependence on Alphabet’s Google and Microsoft’s Bing, the Information reported on Monday.The AI search engine segment is heating up with...
by iwd | Oct 28, 2024 | General
By Utkarsh Shetti(Reuters) -Boeing on Monday launched a stock offering that could raise up to $22 billion as the planemaker looks to strengthen its finances squeezed by an over month-long strike by its workers and preserve its investment-grade credit rating.The move...
by iwd | Oct 28, 2024 | General
JERUSALEM (Reuters) – Israel’s defence ministry said on Monday it had signed a 2 billion shekel ($536-million) deal with local contractors to expand production of a new laser-based missile defence system that could be operational in the next year.The deal...
by iwd | Oct 28, 2024 | Business
By Tatiana Bautzer and Nupur AnandNEW YORK (Reuters) – JPMorgan Chase CEO Jamie Dimon blasted several major U.S. regulatory initiatives on capital rules, card payments and open banking at a conference on Monday.The outspoken executive, 68, who runs the largest...
by iwd | Oct 27, 2024 | General
HONG KONG (Reuters) – China expressed concern over U.S. tariffs and Russia-related sanctions during a meeting of the two countries’ Economic Working Group in Washington, China’s finance ministry said on Saturday.China’s Vice Minister of Finance...
by iwd | Oct 27, 2024 | General
By Jonathan LandayWASHINGTON (Reuters) – Commercial satellite imagery showed that Israeli airstrikes hit buildings during an attack on Saturday that Iran used for mixing solid fuel for ballistic missiles, according to separate assessments by two American...
by iwd | Oct 27, 2024 | Business
(Reuters) – Alphabet’s Google is developing artificial intelligence technology that takes over a web browser to complete tasks such as research and shopping, The Information reported on Saturday. Google is set to demonstrate the product code-named Project...
by iwd | Oct 27, 2024 | Business
BERLIN (Reuters) – Volkswagen is exploring a series of cost-cutting measures for its core brand, including a 10% wage cut and a two-year wage freeze, as it seeks to save 4 billion euros, Handelsblatt newspaper reported on Sunday, citing company insiders.The...
by iwd | Oct 27, 2024 | General
Big Tech Earnings Preview for the Week: Microsoft, Meta, and Uber Set to Shape the Market This week, Microsoft (Wednesday), Meta (Wednesday), and Uber (Thursday) are each set to release their quarterly earnings, bringing with them a mix of high expectations and fresh...
by iwd | Oct 26, 2024 | General
By David ShepardsonWASHINGTON (Reuters) -Delta Air Lines on Friday sued cybersecurity firm CrowdStrike in a Georgia state court after a global outage in July caused mass flight cancellations, disrupted travel plans of 1.3 million customers and cost the carrier more...