Oracle spending ‘billions’ on Nvidia chips this year – Ellison
By Stephen Nellis MENLO PARK, California (Reuters) – Oracle Corp is spending “billions” of dollars on chips from Nvidia Corp…
Business
Microsoft CEO says exclusive Activision games make ‘no strategic sense’
By Greg Bensinger and Diane Bartz SAN FRANCISCO/WASHINGTON (Reuters) -The leaders of Microsoft and Activision Blizzard on Wednesday sought to…
Chipmaker Micron beats on demand from booming AI, easing glut
By Akash Sriram (Reuters) -Micron Technology beat estimates for third-quarter results on Wednesday, powered by demand for its memory chips…
Mexico airlines lost over $1 billion due to US safety downgrade –industry head
By Kylie Madry MEXICO CITY (Reuters) – Mexico’s two-year-old air safety rating downgrade by U.S. authorities has caused a more-than-billion-dollar…
Factbox-Big banks stand strong against Fed’s commercial real estate gloom
By Michelle Price WASHINGTON (Reuters) – Big U.S. banks’ commercial real estate portfolios put in a surprisingly good performance during…
BlackBerry reports surprise profit on cybersecurity strength
(Reuters) – BlackBerry posted a surprise profit for the first quarter on Wednesday as its cybersecurity business benefited from higher…
Virgin Galactic set to launch its first commercial rocket plane spaceflight
By Jose Luis Gonzalez and Steve Gorman TRUTH OR CONSEQUENCES, New Mexico (Reuters) – A three-man crew from Italy is…
Canadian Broadcasting Corp must face WE Charity defamation lawsuit, U.S. court rules
By Jack Queen (Reuters) – The Canadian Broadcasting Corporation (CBC) must face a defamation lawsuit by a U.S. charity alleging…
Exclusive-Nissan installed camera to monitor No. 2’s home, sources say
By Daniel Leussink and Norihiko Shirouzu (Reuters) – Nissan installed a camera surveillance system at the home of former executive…
Marketmind: Cold reality of ‘higher for longer’ sets in
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….