By Joey Roulette WASHINGTON (Reuters) -Amazon’s first pair of prototype satellites for its planned Kuiper internet network were launched into space on Friday from Florida, the company’s first step before it deploys thousands more into orbit to beam internet service globally and compete with SpaceX’s Starlink. A United Launch Alliance Atlas 5 rocket emblazoned with…
(Reuters) – U.S. oil major Exxon Mobil is in advanced talks to buy shale producer Pioneer Natural Resources at about $60 billion, sources familiar with the matter said. Here is how the deal could impact the energy sector: WHAT WOULD IT MEAN FOR EXXON AND SHALE? The deal is for oil- and gas-producing fields that…
By Michael S. Derby (Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester said Friday that very strong hiring data for last month didn’t change her view on the state of the employment sector, while noting upcoming data will drive her views of whether the Fed needs to hike rates again. “With this one…
By David French, Anirban Sen and Sabrina Valle (Reuters) -Exxon Mobil is in advanced talks to acquire Pioneer Natural Resources in a deal that could value the Permian shale basin producer at about $60 billion, people familiar with the matter said on Thursday. The acquisition would be Exxon’s biggest since its $81 billion deal for…
By Sachin Ravikumar LONDON (Reuters) -Snapchat may have failed to properly assess privacy risks to children from its artificial intelligence chatbot, Britain’s data watchdog said on Friday, adding it would consider the company’s response before making any final enforcement decision. The Information Commissioner’s Office (ICO) said if the U.S. company fails to adequately address the…
(Reuters) – Amgen said on Friday it had completed the $27.8 billion acquisition of Horizon Therapeutics after it received the go-ahead from the U.S. Federal Trade Commission (FTC) last month on certain conditions. Under the settlement terms with the FTC following its lawsuit to block the deal, Amgen is prevented from using anti-competitive tactics to…
(Reuters) -Elon Musk, the world’s richest man, is being sued by the U.S. Securities and Exchange Commission, which is trying to compel him to testify as part of a probe into his $44 billion takeover of social media giant Twitter, a Thursday court filing showed. The investigation, which escalates a long-running feud between the SEC…
BENGALURU (Reuters) -Disney has held talks with Indian billionaires Gautam Adani and Sun TV Network owner Kalanithi Maran as well private equity firms to sell its streaming and television business in the country, Bloomberg News reported on Friday. Disney is exploring various possibilities, including selling some of its Indian operations or a mix of assets…
