TSMC expects Q2 sales to jump on ‘insatiable’ AI demand
By Yimou Lee and Faith Hung TAIPEI (Reuters) -TSMC, the world’s largest chipmaker and a major Apple and Nvidia supplier,…
Microsoft-OpenAI deal set to dodge formal EU merger probe, sources say
By Foo Yun Chee and Yuvraj Malik (Reuters) -EU antitrust regulators have concluded that Microsoft’s $13 billion investment into OpenAI…
Amazon to push cashierless shopping tech into more third-party stores, while backing off itself
By Greg Bensinger (Reuters) – Amazon.com said on Wednesday it plans to push its cashierless shopping technology into more third-party…
Google lays off employees, shifts some roles abroad amid cost cuts
(Reuters) – Alphabet-owned Google is laying off an unspecified number of employees, a company spokesperson said on Wednesday, marking the…
Trump has an edge over Biden on economy, Reuters/Ipsos poll finds
By Jason Lange WASHINGTON (Reuters) – U.S. voters view Republican presidential candidate Donald Trump as better for the economy than…
AMD introduces AI chips for business laptops and desktops
(Reuters) -Advanced Micro Devices unveiled a new series of semiconductors for artificial intelligence-enabled business laptops and desktops on Tuesday as…
Morgan Stanley profit beats estimates with higher investment banking, wealth revenue
By Tatiana Bautzer and Manya Saini (Reuters) -Morgan Stanley’s first-quarter profit beat estimates on Tuesday, fueled by a resurgence in…
J&J’s medical device sales fall short, cancer drugs seen growing
By Patrick Wingrove and Bhanvi Satija (Reuters) -Johnson & Johnson’s first-quarter revenue missed Wall Street estimates for medical devices on…
Tesla laying off more than 10% of staff globally as sales fall
By Victoria Waldersee BERLIN (Reuters) -Tesla is laying off more than 10% of its global workforce, an internal memo seen…
Adobe explores OpenAI partnership as it adds AI video tools
By Stephen Nellis SAN FRANCISCO (Reuters) -Adobe is in the early stages of allowing third-party generative artificial intelligence tools such…