Jan 30 (Reuters) – Sandisk shares rallied on Friday, after the data storage firm projected third-quarter profit and revenue well…
Category: Uncategorized
SpaceX seeks FCC nod for solar-powered satellite data centers for AI
WASHINGTON, Jan 31 – Elon Musk’s SpaceX wants to launch a constellation of 1 million satellites that will orbit Earth…
Musk’s Starlink updates privacy policy to allow consumer data to train AI
By David Jeans and Joey Roulette NEW YORK, Jan 30 (Reuters) – SpaceX revised its Starlink privacy policy to allow…
Waymo seeking about $16 billion near $110 billion valuation, Bloomberg News reports
Jan 31 (Reuters) – Alphabet unit Waymo is aiming to raise about $16 billion in a financing round that would…
Bessent says US has strong dollar policy, ‘absolutely not’ intervening to support yen
WASHINGTON, Jan 28 (Reuters) – The U.S. has a strong dollar policy and that means setting the right fundamentals, U.S.…
Videogame stocks slide on Google’s AI model that turns prompts into playable worlds
By Zaheer Kachwala Jan 30 (Reuters) – Shares of videogame companies fell sharply in afternoon trading on Friday after Alphabet’s…
Peloton cuts 11% of staff, including from engineering teams, Bloomberg News reports
Jan 30 (Reuters) – Peloton Interactive has cut 11% of its employees as it aims to reduce costs amid turnaround…
US SEC overhauls board of US accounting watchdog
By Chris Prentice NEW YORK, Jan 30 (Reuters) – The U.S. Securities and Exchange Commission on Friday tapped new board…
ArcelorMittal makes $2 billion claim against Italy in steel plant row
ROME, Jan 29 (Reuters) – Multinational steelmaker ArcelorMittal, the former owner of Italian steel firm Acciaierie d’Italia (ADI), said on…
AI development is biggest economic growth driver, Blackstone says
Jan 29 (Reuters) – Investment in developing artificial intelligence is the biggest driver of economic growth in the United States…