Dell assembling racks for xAI’s supercomputer, Elon Musk says
(Reuters) – Dell Technologies is assembling half of the racks for the supercomputer that xAI is building, billionaire Elon Musk…
Category: Business
Exclusive-Ferrari’s first electric car to cost over $500,000, source says
By Giulio Piovaccari MILAN (Reuters) – Ferrari’s first electric car will cost at least 500,000 euros ($535,000), a source familiar…
Apple suspends work on next high-end headset, to focus on cheaper model, the Information reports
(Reuters) – Apple has suspended work on its next high-end Vision headset, the Information reported on Tuesday, citing an employee…
Verizon uses GenAI to improve customer loyalty
By Supantha Mukherjee STOCKHOLM (Reuters)AI – U.S. telecom company Verizon is using generative to stop 100,000 customers from leaving its…
US sues Adobe over subscription plan disclosures
(Reuters) -The U.S. government on Monday sued Adobe, accusing the maker of Photoshop and Acrobat of harming consumers by enrolling…
US Treasury, IRS to close $50 billion tax loophole on partnerships
By David Lawder WASHINGTON (Reuters) -The U.S. Treasury and Internal Revenue Service said on Monday they will close a tax…
US sues Adobe over subscription plan disclosures
(Reuters) -The U.S. government on Monday sued Adobe, accusing the maker of Photoshop and Acrobat of harming consumers by enrolling…
Caterpillar’s Russian assets transferred to firm owned by Armenian fund
(Reuters) – U.S. machinery maker Caterpillar’s former Russian assets have been transferred to a company owned by Armenian investment fund…
Adidas shares fall on investigation into China corruption allegation
(Reuters) – Adidas shares dropped 4% on Monday after the German sportswear brand said it was investigating allegations of corruption…
Berkshire Hathaway sells $39.8 million of shares in China’s BYD
BEIJING (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.3 million Hong Kong-listed shares of…