Amazon to lay off several hundred staff in Prime Video, Studios
(Reuters) -Amazon.com will lay off several hundred employees in its streaming and studio operations, it said in an internal note…
Day: January 10, 2024
Cummins agrees to record-setting fine in emissions settlement
By David Shepardson WASHINGTON (Reuters) -Cummins agreed to a record-setting fine in a $2 billion settlement of a lawsuit filed…
Ripple to buy back $285 million of its shares, valuing company at $11 billion – sources
By Krystal Hu (Reuters) – Cryptocurrency company Ripple Labs, known for its XRP coins, is buying back $285 million worth…
AbbVie expects Botox to maintain market share as competition heats up
By Pratik Jain and Leroy Leo (Reuters) -AbbVie expects Botox’s market share in the aesthetics space to remain strong even…
Taiwan’s de facto ambassador to US meets US House speaker, China angered
TAIPEI/BEIJING (Reuters) -Taiwan’s de facto ambassador to the United States met on Tuesday with U.S. House of Representatives Speaker Mike…
Hewlett Packard Enterprise to buy Juniper Networks in $14 billion deal
(Reuters) -Hewlett Packard Enterprise will buy networking gear maker Juniper Networks for $14 billion in an all-cash deal, in an…
OpenAI launches GPT Store to capitalize on ChatGPT’s consumer success
By Anna Tong SAN FRANCISCO (Reuters) – Artificial intelligence lab OpenAI has launched its GPT Store, a marketplace for personalized…
Boeing CEO admits error, says mid-air blowout ‘can never happen again’
By David Shepardson, Valerie Insinna and Tim Hepher WASHINGTON (Reuters) -Boeing CEO Dave Calhoun acknowledged errors by the U.S. planemaker…