By Utkarsh Shetti, Nathan Gomes and Mike Stone (Reuters) – U.S. defense contractor L3Harris Technologies Inc will cut 5% of…
AI boom to fuel natural gas demand in coming years, report says
(Reuters) – A spike in power usage from artificial intelligence (AI) data centers could significantly boost natural gas demand in…
Meta opens Quest operating system to third-party device makers
By Yuvraj Malik and Katie Paul (Reuters) -Meta Platforms is sharing its Quest headset’s operating system with rival device makers,…
Biden unveils $7 billion for rooftop solar in Earth Day message
By Andrea Shalal and Nichola Groom TRIANGLE, Va. (Reuters) -President Joe Biden on Monday celebrated Earth Day by announcing $7…
Tesla expected to post lower profit margin amid doubts on growth, product strategy
By Hyunjoo Jin and Akash Sriram (Reuters) – Tesla is expected to report its lowest gross profit margin in more…
Apple close to finalizing deal with FIFA over TV rights for new tournament, NYT reports
(Reuters) -Soccer’s global governing body FIFA is close to an agreement with Apple to give the tech company worldwide television…
BOJ’s Ueda signals possible rate hike if weak yen boosts inflation
By Leika Kihara WASHINGTON (Reuters) -Bank of Japan Governor Kazuo Ueda said on Thursday the central bank may raise interest…
Google consolidates its DeepMind and Research teams amid AI push
(Reuters) – Alphabet-owned Google said on Thursday it would consolidate teams that focus on building artificial intelligence models across its…
US Congress moves ahead on bill to push TikTok’s Chinese owner to sell
By Moira Warburton WASHINGTON (Reuters) – An effort to force TikTok’s Chinese owner, ByteDance, to sell the social media app…
Big banks led by Citi continue to trim staff to cut costs
By Niket Nishant and Manya Saini (Reuters) -U.S. banking giants continued to shed employees in the first quarter, with Citigroup…