IBM nearing deal for cloud software provider HashiCorp, source says
By Arsheeya Bajwa (Reuters) -International Business Machines is nearing a deal to buy cloud software provider HashiCorp, according to a…
Year: 2024
JPMorgan CEO Dimon says US economy is booming
By Nupur Anand (Reuters) -JPMorgan Chase CEO Jamie Dimon expressed confidence in a robust U.S. economy backed by strong employment…
Tesla to lay off more than 3,000 employees in California, notices show
(Reuters) – Tesla is set to cut 3,332 jobs in California, the electric-vehicle maker said in multiple Worker Adjustment and…
AI boom to fuel natural gas demand in coming years, report says
(Reuters) – A spike in power usage from artificial intelligence (AI) data centers could significantly boost natural gas demand in…
Meta opens Quest operating system to third-party device makers
By Yuvraj Malik and Katie Paul (Reuters) -Meta Platforms is sharing its Quest headset’s operating system with rival device makers,…
Geopolitical tensions are US credit investors’ top concern, BofA survey says
By Matt Tracy (Reuters) – Geopolitical risk topped the list of concerns among U.S. corporate credit investors, according to a…
Tesla expected to post lower profit margin amid doubts on growth, product strategy
By Hyunjoo Jin and Akash Sriram (Reuters) – Tesla is expected to report its lowest gross profit margin in more…
Apple close to finalizing deal with FIFA over TV rights for new tournament, NYT reports
(Reuters) -Soccer’s global governing body FIFA is close to an agreement with Apple to give the tech company worldwide television…
TikTok says US House bill that could ban app would ‘trample’ free speech
By Kanishka Singh WASHINGTON (Reuters) -TikTok on Sunday repeated its free-speech concerns about a bill passed by the House of…
Salesforce abandons pursuit of Informatica, source says
By Anirban Sen (Reuters) -Business software maker Salesforce has backed away from its talks to acquire data-management software firm Informatica…