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Category: Business

OpenAI whistleblowers ask SEC to investigate restrictive non-disclosure agreements, Washington Post reports
Business

OpenAI whistleblowers ask SEC to investigate restrictive non-disclosure agreements, Washington Post reports

(Reuters) – OpenAI whistleblowers have filed a complaint with the U.S. Securities and Exchange Commission, calling for an investigation over…

July 13, 2024July 13, 2024
Intel on track for cumulative software sales of $1 billion by end 2027, exec says
Business

Intel on track for cumulative software sales of $1 billion by end 2027, exec says

By Fanny Potkin SINGAPORE (Reuters) – Intel’s push into software is going well and the company could have cumulative software…

July 12, 2024July 12, 2024
Business

Musk’s Neuralink says tiny wires of brain chip in first patient now stable

By Leroy Leo and Sriparna Roy (Reuters) -The tiny wires of Neuralink’s brain chip implant used in the first participant…

July 11, 2024
Musk’s xAI, Oracle end talks on $10 billion server deal, The Information reports
Business

Musk’s xAI, Oracle end talks on $10 billion server deal, The Information reports

(Reuters) -Billionaire Elon Musk’s artificial intelligence startup xAI and tech giant Oracle have ended talks on a potential $10 billion…

July 9, 2024July 9, 2024
Vistra, Constellation Energy surge on clean energy demand bets to power AI tech
Business

Vistra, Constellation Energy surge on clean energy demand bets to power AI tech

By Medha Singh and Seher Dareen (Reuters) – Nuclear power companies Constellation Energy and Vistra have become the top S&P…

July 8, 2024
Business

Lilly beefs up bowel disease drug portfolio with $3.2 billion Morphic deal

By Sriparna Roy (Reuters) -Eli Lilly agreed to buy Morphic Holding for $3.2 billion in cash, the companies said on…

July 8, 2024
Exxon signals Q2 below market consensus, excluding Pioneer buy
Business

Exxon signals Q2 below market consensus, excluding Pioneer buy

By Sabrina Valle and Tanay Dhumal HOUSTON (Reuters) – Exxon Mobil Corp on Monday signaled that lower refining margins across…

July 8, 2024
China’s BYD acquires 20% stake in Thai dealer Rever Automotive
Business

China’s BYD acquires 20% stake in Thai dealer Rever Automotive

BANGKOK (Reuters) – China’s BYD will acquire a 20% stake in its local distributor Rever Automotive in Thailand, its largest…

July 6, 2024July 6, 2024
Chinese AI firms showcase resilience, innovations at AI event despite US sanctions
Business

Chinese AI firms showcase resilience, innovations at AI event despite US sanctions

SHANGHAI (Reuters) – Chinese tech companies, from industry giants to ambitious startups, converged at the World AI Conference in Shanghai…

July 5, 2024July 5, 2024
Walmart beats key claim in US FTC lawsuit over money transfer fraud
Business

Walmart beats key claim in US FTC lawsuit over money transfer fraud

By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge threw out a central claim in a Federal Trade Commission…

July 5, 2024July 5, 2024

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