Meta looks to raise up to $25 billion with bond sale, Bloomberg News reports
April 30 (Reuters) – Meta Platforms is looking to sell between $20 billion and $25 billion of investment-grade bonds, Bloomberg…
Category: Business
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…
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…
United Airlines says fares may need to rise up to 20% to offset fuel surge
By Rajesh Kumar Singh CHICAGO, April 22 (Reuters) – United Airlines CEO Scott Kirby said on Wednesday ticket prices may…