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Joby Aviation to get investment from Tesla shareholder Baillie Gifford

The Cheap InvestorMay 3, 2023May 3, 20230

(Reuters) – British investment management firm Baillie Gifford will invest $180 million in electric aircraft maker Joby Aviation, they said…

  • Europe
  • Politics

Finnish daily uses shooter videogame to dodge Russia’s press restrictions

The Cheap InvestorMay 3, 2023May 3, 20230

By Anne Kauranen HELSINKI (Reuters) – Finland’s largest daily Helsingin Sanomat on Wednesday took its struggle against Russian media restrictions…

  • Business
  • Economy

‘Plagiarism machines’: Hollywood writers and studios battle over the future of AI

The Cheap InvestorMay 3, 2023May 3, 20230

By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Hollywood writers have for decades penned sci-fi scripts featuring machines taking…

  • Business
  • Technology

Google wins US patent trial over data-retrieval technology

The Cheap InvestorMay 3, 2023May 3, 20230

By Blake Brittain (Reuters) – Alphabet’s Google LLC won a jury trial on Tuesday in a long-running patent lawsuit in…

  • Business
  • Technology

FTC proposes ban on Meta profiting from minors’ data

The Cheap InvestorMay 3, 2023May 3, 20230

WASHINGTON (Reuters) – The U.S. Federal Trade Commission on Wednesday accused Meta’s Facebook of misleading parents about protections for children…

  • Business
  • Economy

U.S. SEC adopts new rules around private fund disclosures, share buybacks

The Cheap InvestorMay 3, 2023May 3, 20230

By John McCrank NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Wednesday adopted new disclosure rules for…

  • Asia
  • Europe

Senators will look at legislation addressing TikTok in China proposal — Schumer

The Cheap InvestorMay 3, 2023May 3, 20230

WASHINGTON (Reuters) – Senate Majority Leader Chuck Schumer said senators will consider legislation to bolster the Biden administration’s ability to…

  • Asia
  • Business

US Senate Democrats launch renewed effort to counter China

The Cheap InvestorMay 3, 2023May 3, 20230

By Patricia Zengerle and David Shepardson WASHINGTON (Reuters) – U.S. Senate Democrats launched a renewed effort to stave off competition…

  • Business
  • Technology

AMD’s lackluster forecast sparks selloff in shares

The Cheap InvestorMay 3, 2023May 3, 20230

By Tiyashi Datta (Reuters) -Investors dumped shares of Advanced Micro Devices Inc on Wednesday after its earnings report indicated that…

  • Business
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Nvidia short sellers lose $5 billion as shares rise more than 90% in 2023

The Cheap InvestorMay 3, 2023May 3, 20230

NEW YORK (Reuters) -Nvidia Corp short sellers have lost $5.09 billion so far this year as the stock has jumped…

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