(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…
By Mike Stone and Jeff Mason WASHINGTON (Reuters) -President Donald Trump said on Tuesday he had selected a design for the $175 billion Golden Dome missile defense shield and named a Space Force general to head the ambitious program aimed at blocking threats from China and Russia. Trump announced at a White House press conference…
By David French NEW YORK (Reuters) -Acrisure has raised $2.1 billion from Bain Capital and other investors, its CEO told Reuters on Tuesday, valuing the firm at $32 billion and allowing it to fund an expansion into products beyond its core insurance brokerage business. Grand Rapids, Michigan-based Acrisure was founded in 2005 as an insurance…
SEATTLE (Reuters) -Microsoft said it will add an artificial intelligence coding agent from Google-backed startup Anthropic to its GitHub service. Coding agents can carry out software development tasks, such as fixing bugs, on a human developer’s behalf. Microsoft on Monday introduced its own coding agent to GitHub, a Microsoft-owned service that many software companies use…
By Jonathan Stempel (Reuters) -Delta Air Lines can pursue much of its lawsuit seeking to hold cybersecurity company CrowdStrike liable for a massive computer outage last July that caused the carrier to cancel 7,000 flights, a Georgia state judge ruled. In a decision on Friday, Judge Kelly Lee Ellerbe of the Fulton County Superior Court…
By David Lawder CALGARY (Reuters) -The U.S. Treasury does not anticipate any trade deal announcements as part of a Group of Seven finance leaders meeting this week in Canada, and will not agree to a joint communique unless it serves U.S. interests, a source briefed on U.S. participation in the meeting said. The source told…
(Reuters) – A federal judge on Monday rejected Vanguard Group’s $40 million settlement with investors who claimed it stuck them with inflated tax bills in its popular target-date mutual funds. U.S. District Judge John Murphy in Philadelphia said the proposed class action settlement announced in November “provides no value” to investors because Vanguard could have…
(Reuters) -Dollar Tree on Monday named retail industry veteran Duncan MacNaughton as the chief executive officer of the Family Dollar chain, which is in the process of being bought by a group of private-equity investors for about $1 billion. MacNaughton, who served as the finance chief at Family Dollar until 2019 and has held positions…
