Apple hit with $2 billion EU antitrust fine in Spotify case, will appeal
By Foo Yun Chee BRUSSELS (Reuters) -Brussels on Monday fined Apple 1.84 billion euros ($2 billion) for thwarting competition from…
2024
Lawyers who voided Elon Musk’s pay as excessive want $6 billion fee
By Tom Hals WILMINGTON, Delaware (Reuters) -The lawyers who voided Elon Musk’s $56 billion compensation as excessive on Friday sought…
US value stocks draw bargain hunters while AI fever rages
By David Randall NEW YORK (Reuters) -As fervor for artificial intelligence sweeps Wall Street, some investors are seeking bargains in…
Reddit seeks up to $6.5 billion valuation in IPO, source says
By Echo Wang (Reuters) – Media platform Reddit is eyeing a valuation of up to $6.5 billion in its initial…
Nvidia CEO says AI could pass human tests in five years
By Stephen Nellis PALO ALTO, California – (Reuters) – Nvidia Chief Executive Jensen Huang on Friday said that artificial general…
Elon Musk sues OpenAI for abandoning original mission for profit
By Jahnavi Nidumolu, Aditya Soni and Sheila Dang (Reuters) -Billionaire entrepreneur Elon Musk has sued ChatGPT-maker OpenAI and its CEO,…
Oil climbs 2%, notches weekly gains ahead of OPEC+ decision
By Nicole Jao NEW YORK (Reuters) -Oil prices rose 2% on Friday and posted weekly gains as traders awaited an…
Biden signs stopgap spending bill to avert government shutdown, White House says
(Reuters) – U.S. President Joe Biden has signed into law a short-term stopgap spending bill to avert a partial government…
As NYCB’s shares dive, options traders prepare for worse
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The latest knock to the shares of New York Community Bancorp sent…
US Senate defeats bid to stop F-16 fighter jet sale to Turkey
By Patricia Zengerle WASHINGTON (Reuters) -The U.S. Senate on Thursday soundly defeated an effort to stop the $23 billion sale…