Category Archives:
Venture capitalists race to land next AI deal on Big Tech’s turf
By Krystal Hu and Jeffrey Dastin PALO ALTO, California (Reuters) - In December and January, several venture capitalists from the U.S. and Britain raced to Paris to vie for a stake in a new artificial ...
Syndicated Content Mar 24, 2023
Crypto firm Animoca Brands cuts target for new fund again -sources
By Josh Ye HONG KONG (Reuters) - Hong Kong-based blockchain gaming developer Animoca Brands has cut its target for its so-called metaverse fund by 20% to $800 million, people familiar with the matter ...
Syndicated Content Mar 24, 2023
Chinese smartphone maker Xiaomi’s fourth-quarter revenue and profit slides
SHANGHAI (Reuters) - Chinese smartphone maker Xiaomi Corp on Friday posted a 22.8% drop in fourth-quarter revenue to 66.05 billion yuan ($9.6 billion). Net income fell by 67.3% year on year to 1.46 bi...
Syndicated Content Mar 24, 2023
Block shares extend losses as Hindenburg report weighs
(Reuters) - Shares of Twitter co-founder Jack Dorsey's Block Inc fell 4% in premarket trading on Friday, a day after the payments firm's Cash App business became the latest target of U.S. short seller...
Syndicated Content Mar 24, 2023
Deutsche Bank and UBS shares hammered as banking fears keep tight grip
By Amanda Cooper, Sruthi Shankar and Amruta Khandekar (Reuters) - Banking stocks fell sharply in Europe on Friday with heavyweights Deutsche Bank and UBS Group pummelled by worries that the worst prob...
Syndicated Content Mar 24, 2023
Influencers take stock of life and dreams if U.S. bans TikTok
By Danielle Broadway and Rollo Ross LOS ANGELES (Reuters) - When Cassidy Jacobson was 13 years old, she posted a video of herself dancing on the popular app TikTok. Little did she know then that six y...
Syndicated Content Mar 24, 2023
Tyson Foods plant closure raises antitrust concerns among US farmers, experts
By Leah Douglas and Tom Polansek (Reuters) - Tyson Foods Inc gave its chicken suppliers two months' notice of its plan to shut a Virginia processing plant in May, raising concerns among farmers and le...
Syndicated Content Mar 24, 2023
Ford’s new Tennessee plant aims to build 500,000 electric trucks a year
By Paul Lienert STANTON, Tennessee (Reuters) - Ford Motor Co plans to build up to 500,000 electric trucks a year at its BlueOval City complex under construction in western Tennessee, the automaker sai...
Syndicated Content Mar 24, 2023
No bump for Trump in New Hampshire as possible criminal charges loom
By Nathan Layne LACONIA, New Hampshire (Reuters) - Longtime Donald Trump supporter Doug Lambert agrees with the former president that the potential criminal charges he faces in New York are being cook...
Syndicated Content Mar 24, 2023
Amazon, other retailers revamp ‘free’ shipping as costs soar
By Lisa Baertlein LOS ANGELES (Reuters) - There is no such thing as free shipping. Even so, Amazon.com Inc and other online retailers who use so-called free delivery to cultivate customer loyalty are ...
Syndicated Content Mar 24, 2023
Peoria, IL, USA
38 °F Partly cloudy
