Big Tech faces heat as China’s DeepSeek sows doubts on billion-dollar spending
By Aditya Soni and Zaheer Kachwala (Reuters) – Chinese startup DeepSeek’s cheaper AI is sharpening investor scrutiny of the billions…
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Siemens Energy reports preliminary quarterly revenue of about $9.4 billion
(Reuters) -Siemens Energy, the world’s biggest maker of offshore wind turbines, reported on Monday a preliminary first-quarter revenue of 8.94…
Wall Street banks set to sell billions of dollars of X loans, WSJ reports
(Reuters) – Wall Street banks are preparing to sell a big portion of debt holdings in social media platform X,…
Exclusive-Hamas has added up to 15,000 fighters since start of war, US figures show
By Erin Banco NEW YORK (Reuters) – The Palestinian militant group Hamas has recruited between 10,000 and 15,000 members since…
Amazon Prime Video shifts focus to live sports to boost profits, The Information reports
(Reuters) – Amazon’s Prime Video has shifted its strategic focus towards live sports and away from original television shows and…
Meta to test ads on Threads in US and Japan
(Reuters) – Meta Platforms will begin test launching ads on its social media platform Threads with a few brands in…
US judge pauses SpaceX’s challenge to case over anti-immigrant bias
By Daniel Wiessner (Reuters) – A federal judge on Friday granted the U.S. Department of Justice’s request to pause a…
Shein tells UK lawmakers it does not allow Chinese cotton in products sold in US
By Helen Reid and James Davey LONDON (Reuters) -Online fast-fashion retailer Shein requires its contract manufacturers to only source cotton…
UnitedHealth taps insider to replace slain executive as CEO of insurance unit
(Reuters) -UnitedHealth Group on Thursday named Tim Noel, the head of its Medicare business, to the top job at its…
OpenAI unveils tool to automate web tasks as AI agents take center-stage
(Reuters) – Generative artificial intelligence heavyweight OpenAI on Thursday previewed an AI agent that can carry out tasks on the…