EU rules reining in Big Tech will now target cloud services and AI, regulators say
By Foo Yun Chee BRUSSELS, April 28 (Reuters) – The European Union plans to turn the focus of its landmark…
Space analytics firm HawkEye targets $2.4 billion valuation in US IPO
By Pritam Biswas and Utkarsh Shetti April 27 (Reuters) – HawkEye 360 is targeting a valuation of up to $2.42…
US Space Force taps 12 firms for $3.2 billion Golden Dome missile defense contracts
April 24 – The U.S. Space Force has awarded contracts worth up to $3.2 billion to 12 companies to develop…
US Justice Department intervenes in xAI challenge to Colorado tech law
April 24 (Reuters) – The U.S. Justice Department said on Friday it had intervened in a lawsuit by Elon Musk’s…
US Democrats look to rein in Trump’s war powers, this time on Cuba
By Patricia Zengerle WASHINGTON, April 24 (Reuters) – The U.S. Senate will vote as soon as next week on a…
Avis roller coasterĀ drags a big index along for the ride
By Chibuike Oguh NEW YORK, April 24 (Reuters) – White-knuckle trading this month in car rental firm Avis Budget has…
Microsoft plans first voluntary employee buyout, CNBC reports
April 23 (Reuters) – Microsoft is planning its first voluntary employee buyout in the Windows maker’s 51-year history, CNBC reported…
USDA and Palantir sign $300 million software purchase agreement
April 22 (Reuters) – The U.S. Department of Agriculture and software company Palantir Technologies on Wednesday announced the signing of…
Rivian starts production of R2 SUVs, deliveries expected later this spring
By Abhirup Roy SAN FRANCISCO, April 22 (Reuters) – Rivian on Wednesday started production of its smaller R2 SUVs, with…
Nvidia has not yet sold its H200 AI chips to China, Lutnick says
WASHINGTON, April 22 (Reuters) – Nvidia’s powerful H200 AI chips have not yet been sold to Chinese companies, Commerce Department…