Apple losing over $1 billion a year on streaming service, the Information reports
(Reuters) -Apple is losing more than $1 billion a year on its streaming service, the Information reported on Thursday, citing…
Category: Business
Tesla removed from Vancouver International Auto Show on safety concerns
(Reuters) – Tesla was removed from the Vancouver International Auto Show in Canada because of safety concerns, the event organizers…
Apple shakes up AI executive ranks in bid to turn around Siri, Bloomberg News reports
(Reuters) – Apple is shaking up its executive ranks to get its AI efforts back on track after months of…
Allianz, BlackRock and T&D in consortium for Cinven’s Viridium stake
FRANKFURT (Reuters) -A consortium that includes Allianz, BlackRock and T&D Holdings are investing in Viridium Group in a 3.5 billion…
Nvidia CEO says orders for 3.6 million Blackwell GPUs exclude Meta
(Reuters) -Nvidia CEO Jensen Huang said on Wednesday that orders for some 3.6 million of its flagship “Blackwell” chips from…
XPeng sees better-than-expected quarterly revenue on new markets, cheaper SUVs
(Reuters) – Chinese electric vehicle maker XPeng on Tuesday forecast first-quarter revenue above estimates, betting on the launch of its…
Adobe rolls out AI agents for online marketing tools
By Stephen Nellis SAN FRANCISCO (Reuters) – Adobe on Tuesday said it is rolling out artificial intelligence “agents” that brands…
Automakers, tech industry urge Trump to speed self-driving car deployment
By David Shepardson WASHINGTON (Reuters) – Major automakers and tech groups on Tuesday called on the Trump administration to take…
Stellantis invests $41 million in Italy to make EV engine parts
MILAN (Reuters) – Automaker Stellantis is investing 38 million euros ($41 million) in its Verrone plant in Northern Italy to…
Google preparing to partner with Taiwan’s MediaTek on next AI chip, Information reports
(Reuters) – Alphabet’s Google is preparing to partner with Taiwan’s MediaTek on the next version of its AI chips, Tensor…