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Category: Business

OpenAI signs content deal with Condé Nast
Business

OpenAI signs content deal with Condé Nast

(Reuters) -Sam Altman-led OpenAI on Tuesday announced a multi-year partnership with Condé Nast to display content from its brands such…

August 20, 2024August 20, 2024
Netflix upfront ad commitments surge as NFL games, Squid Game boost appeal
Business

Netflix upfront ad commitments surge as NFL games, Squid Game boost appeal

(Reuters) – Netflix saw a more than 150% surge in upfront ad commitments for this year, the streaming giant said…

August 20, 2024August 20, 2024
AMD to acquire server builder ZT Systems for $4.9 billion in cash and stock
Business

AMD to acquire server builder ZT Systems for $4.9 billion in cash and stock

By Max A. Cherney (Reuters) -AMD on Monday said it plans to acquire server maker ZT Systems for $4.9 billion…

August 19, 2024
South Korean AI chip makers Rebellions and Sapeon agree to merge
Business

South Korean AI chip makers Rebellions and Sapeon agree to merge

SEOUL (Reuters) – South Korean artificial-intelligence chip makers Rebellions Inc and Sapeon Korea Inc have signed a definitive merger agreement,…

August 18, 2024August 18, 2024
X to close operations in Brazil ‘effective immediately’
Business

X to close operations in Brazil ‘effective immediately’

SAO PAULO (Reuters) – Media platform X said on Saturday it would close its operations in Brazil “effective immediately” due…

August 17, 2024August 17, 2024
Business

Ford to recall about 85,000 vehicles due to risk of engine fire

(Reuters) -Ford Motor is recalling about 85,000 Explorer SUVs equipped with the Police Interceptor Utility package over concerns of an…

August 16, 2024August 16, 2024
Business

Shake Shack, Serve Robotics roll out autonomous sidewalk robot delivery in Los Angeles

(Reuters) – Fast-food chain Shake Shack and Serve Robotics are partnering to use autonomous sidewalk robots to deliver orders placed…

August 14, 2024
Berkshire reveals stakes in Ulta Beauty, Heico as it retreats from Apple
Business

Berkshire reveals stakes in Ulta Beauty, Heico as it retreats from Apple

(Reuters) – Warren Buffett’s Berkshire Hathaway acquired stakes in cosmetics store chain Ulta Beauty and aircraft parts maker Heico during…

August 14, 2024
Business

Lilly demands doctors stop selling copycat weight-loss drugs

By Sriparna Roy and Christy Santhosh (Reuters) -Eli Lilly has sent cease-and-desist letters to U.S. healthcare providers in recent days…

August 14, 2024
Business

Boeing delivers 43 jets in July, flat year-on-year

By Allison Lampert (Reuters) – Boeing said on Tuesday it delivered 43 commercial jets in July, unchanged from the same…

August 13, 2024August 13, 2024

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