US judge signals Musk’s xAI may lose lawsuit accusing Altman’s OpenAI of stealing trade secrets
By Jonathan Stempel Jan 30 (Reuters) – A federal judge signaled on Friday she may dismiss a lawsuit by Elon…
Nvidia CEO Huang denies he is unhappy with OpenAI, says ‘huge’ investment planned
TAIPEI, Jan 31 (Reuters) – Nvidia plans to make a “huge” investment into OpenAI, probably its largest ever, CEO Jensen…
Oil holds near six-month high as investors track US-Iran tensions
By Seher Dareen LONDON, Jan 30 (Reuters) – Oil prices consolidated their recent gains and held near six- month highs…
Trump says Fed pick due Friday after meeting Warsh at White House
By Andrea Shalal and Bo Erickson Jan 30 (Reuters) – President Donald Trump is expected to name a successor to Federal…
Apple to prioritize premium iPhone launches in 2026 amid memory crunch, Nikkei Asia reports
Jan 30 (Reuters) – Apple is prioritizing production and shipment of its three highest-end iPhone models for 2026 while delaying…
Trump blames boredom, not sleep, for closed eyes during cabinet meeting
By Steve Holland and Trevor Hunnicutt WASHINGTON, Jan 29 (Reuters) – Sleeping or bored? For U.S. President Donald Trump, it’s…
Meta boosts annual capex sharply on superintelligence push, shares surge
By Jaspreet Singh Jan 28 (Reuters) – Instagram-owner Meta on Wednesday boosted its capital spending plans for this year by…
Snap doubles down on smart glasses with new independent unit
By Jaspreet Singh Jan 28 (Reuters) – Snap will create an independent subsidiary for its augmented reality smart glasses, as…
Valero Energy says it will buy Venezuelan crude from three sellers
By Nicole Jao and Vallari Srivastava Jan 29 (Reuters) – Valero Energy has engaged with three authorized sellers of Venezuelan…
Big hedging of dollars for clients could test banks’ capacity, senior UBS trader says
By Alun John LONDON, Jan 28 (Reuters) – Investors rushing to protect their U.S. assets against dollar depreciation could test…