What happens after the TikTok ban?
By Sheila Dang (Reuters) -The U.S. Supreme Court will hear arguments on Friday from TikTok and its China-based owner ByteDance,…
Category: Business
Fannie Mae, Freddie Mac shares surge after federal agencies reveal privatization path
By Niket Nishant and Manya Saini (Reuters) -Shares of Fannie Mae and Freddie Mac, the mortgage giants under U.S. government…
US winter storms could cause power outages, cut natgas supplies
By Scott DiSavino (Reuters) – Freezing weather and snow storms across the U.S. could cause massive power outages over the…
US sanctions China’s Integrity Technology over alleged hacking sweep
WASHINGTON (Reuters) -The U.S. on Friday sanctioned China’s Integrity Technology Group, accusing it of being behind a prolific hacking group…
Microsoft plans to invest $80 billion on AI-enabled data centers in fiscal 2025
(Reuters) -Microsoft is planning to invest about $80 billion in fiscal 2025 on developing data centers to train artificial intelligence…
European drinks group skid after US surgeon general calls for cancer warnings
(Reuters) – Shares in European spirits makers and brewers fell on Friday after the U.S. surgeon general called for cancer…
Nvidia’s market value gets $2 trillion boost in 2024 on AI rally
(Reuters) – Nvidia emerged as the biggest global gainer in market capitalization for 2024, driven by surging interest in artificial…
Nvidia closes $700 million Run:ai acquisition after regulatory hurdles
(Reuters) – Chipmaker Nvidia has completed its acquisition of Israeli AI firm Run:ai, the startup said on Monday, following antitrust…
China to cut import tariffs on some recycled copper and aluminium raw materials
SHANGHAI (Reuters) – China will reduce import tariffs on ethane and certain recycled copper and aluminium raw materials from next…
Bezos’ Blue Origin gets FAA license for its first New Glenn rocket launch
(Reuters) – The Federal Aviation Administration said on Friday that it has issued a commercial space launch license for Blue…