BEIJING (Reuters) -Chinese artificial intelligence startup Moonshot AI released a new open-source AI model on Friday, joining a wave of…
Category: Business
Trump’s copper tariffs pile more metal misery on US auto industry
By Nick Carey and Nora Eckert LONDON/DETROIT (Reuters) -U.S. President Donald Trump’s threat of a 50% tariff on copper imports…
Google says discord over search results is unresolved; risks EU antitrust fine
By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google said it failed this week to resolve disagreements with hotels, airlines and…
Nvidia-backed Perplexity launches AI-powered browser to take on Google Chrome
(Reuters) -Nvidia-backed Perplexity AI said on Wednesday it has launched Comet, a new web browser with AI-powered search capabilities, as…
Tesla investors ask board to set date for overdue annual shareholder meeting
(Reuters) -A group of 27 major Tesla shareholders urged the electric automaker’s board on Wednesday to set a date for…
Exxon signals lower oil, gas prices could hit second-quarter profit
By Sheila Dang HOUSTON (Reuters) -Exxon Mobil signaled on Monday that lower oil and gas prices could cut its second-quarter…
Summit, AstraZeneca in talks over $15 billion cancer drug licensing deal, Bloomberg News reports
(Reuters) -AstraZeneca is in talks with Summit Therapeutics to license an experimental lung-cancer drug under a deal worth as much…
For retailers, US-Vietnam trade deal leaves questions
By Helen Reid LONDON (Reuters) -A trade deal announced by the U.S. and Vietnam creates new question marks for sportswear…
Universal’s Virgin Music CEOs push back against critics of Downtown Music deal
By Foo Yun Chee BRUSSELS (Reuters) -The two co-chief executives of Universal Music Group’s Virgin Music Group on Thursday pushed…
Microsoft to cut about 4% of jobs amid hefty AI bets
(Reuters) -Microsoft will lay off nearly 4% of its workforce, the company said on Wednesday, in the latest job cuts…