Google hit with $2.3 billion lawsuit by Axel Springer, other media groups
By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google was hit with a 2.1-billion-euro ($2.3 billion) lawsuit by 32 media groups…
Category: General
Meta plans launch of new AI language model Llama 3 in July, The Information reports
(Reuters) – Meta Platforms is planning to release the newest version of its artificial-intelligence large language model Llama 3 in…
Apple cancels decade-long electric car project, source says
By Stephen Nellis and Shivansh Tiwary (Reuters) -Apple has canceled work on its electric car, a source familiar with the…
Tesla aims to ship Roadster cars next year, Musk says
(Reuters) – Tesla will aim to ship its Roadster electric sports car next year, the electric vehicle maker’s CEO Elon…
US launches antitrust investigation into UnitedHealth, WSJ reports
(Reuters) -The U.S. Department of Justice has launched an antitrust investigation into UnitedHealth Group, the Wall Street Journal reported on…
EBay beats earnings estimates on strong U.S. holiday spending
(Reuters) -E-commerce platform eBay beat market expectations for quarterly revenue and profit on Tuesday, helped by healthy consumer spending during…
Devon Energy reports lower profit, sees production hit from winter storm
(Reuters) -U.S. shale producer Devon Energy reported a fall in fourth-quarter profit on Tuesday, hurt by lower oil and gas…
Zoom beats estimates on strong product demand, announces share buyback
By Zaheer Kachwala (Reuters) -Zoom Video Communications on Monday posted better-than-expected quarterly results helped by strong demand for its expanding…
Exclusive-Google steps up Microsoft criticism, warns of rival’s monopoly in cloud
By Foo Yun Chee BRUSSELS (Reuters) – Alphabet’s Google Cloud on Monday ramped up its criticism of Microsoft’s cloud computing…
Nvidia bets dominate US options market as AI fervor grows
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors’ fervor for all things AI-related is leaving its mark on the…