By Max Hunder KYIV (Reuters) -Russian forces launched a barrage of 367 drones and missiles at Ukrainian cities overnight, including the capital Kyiv, in the largest aerial attack of the war so far, killing at least 12 people and injuring dozens more, officials said. The dead included three children in the northern region of Zhytomyr,…
SEOUL (Reuters) -North Korea has detained shipyard officials responsible for a recent major accident during the launch of a new warship, state media said on Sunday. The failed launch that crippled the 5,000-tonne warship was witnessed by leader Kim Jong Un who said the accident damaged the country’s dignity and vowed to punish those found…
(Reuters) -U.S. equity funds saw huge outflows in the week ended May 21, as Treasury yields surged on fears President Donald Trump’s proposed tax-cut bill could add trillions to U.S. debt if passed by Congress. According to LSEG Lipper data, investors withdrew a net $11 billion from U.S. equity funds, reversing $13.6 billion in inflows…
(Reuters) -Oracle will spend around $40 billion on Nvidia’s higher-performance chips to power OpenAI’s new U.S. data center, the Financial Times reported on Friday. The data center, situated in Abilene, Texas, is part of the U.S. Stargate Project, led by top AI firms in the country, to boost America’s heft in the artificial intelligence industry…
By Jonathan Stempel (Reuters) – Amazon.com was sued on Friday by consumers over its alleged sale of a wide variety of rice contaminated by arsenic and other “heavy metals.” The proposed class action in Seattle federal court covers 18 types of rice sold through Amazon, including from familiar brands such as Ben’s Original and Amazon-owned…
By Jarrett Renshaw (Reuters) -U.S. President Donald Trump ordered the nation’s independent nuclear regulatory commission to cut down on regulations and fast-track new licenses for reactors and power plants on Friday, seeking to shrink a multi-year process down to 18 months. The requirement was part of a batch of executive orders signed by Trump on…
(Reuters) -The U.S. Justice Department is probing whether Alphabet’s Google violated antitrust law in its agreement with Character.AI that allows the tech giant to use the AI startup’s technology, Bloomberg Law reported on Thursday. Antitrust enforcers have recently told Google they are examining whether the company structured the agreement with Character.AI to avoid formal government…
(Reuters) -Alphabet shares jumped 4% on Thursday, rising for a second straight day, as investors cheered the Google parent’s artificial intelligence updates including the rolling out of “AI Mode” to all its U.S. users. A $249.99-a-month subscription for its AI power users, teased at its annual developer conference, also allayed concerns over funding the huge…
By Jody Godoy and Mike Scarcella (Reuters) -The U.S. Federal Trade Commission has demanded documents from Media Matters about possible coordination with other media watchdogs accused by Elon Musk of helping orchestrate advertiser boycotts of X, according to a document seen by Reuters on Thursday. The civil investigative demand seen by Reuters seeks information about…
(Reuters) -Apple is preparing to allow third-party developers to write software using its artificial intelligence models, in a push to boost the creation of new applications, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. The tech major is working on a software development kit and related frameworks that would allow outsiders…
