By Andrew Chung (Reuters) -In a blow to LGBT rights, the U.S. Supreme Court’s conservative majority on Friday ruled that the constitutional right to free speech allows certain businesses to refuse to provide services for same-sex weddings, a decision that the dissenting liberal justices called a “license to discriminate.” The justices ruled 6-3 along ideological…
By Stephen Nellis (Reuters) -Artificial intelligence chips from Advanced Micro Devices are about 80% as fast as those from Nvidia Corp, with a future path to matching their performance, according a Friday report by an AI software firm. Nvidia dominates the market for the powerful chips that are used to create ChatGPT and other AI…
(Reuters) – General Motors said on Friday it had acquired Algolion Ltd, an Israel-based software startup that helps detect problems in batteries. GM said Algolion’s software will help the Detroit automaker bring to the market a “cost-effective” early hazard detection system at a quicker pace. The deal, for an undisclosed sum, comes at a time…
(Reuters) – U.S. President Joe Biden on Friday said he was concerned that a Supreme Court ruling that the constitutional right to free speech allows certain businesses to refuse to provide services for same-sex weddings could lead to more discrimination against LGBT Americans. The justices ruled 6-3 along ideological lines in favor of Denver-area web…
By Jan Lopatka PRAGUE (Reuters) – Cyanide maker Draslovka is considering an equity fundraising worth hundreds of millions of dollars support the roll out of new technology that could help miners slash use of cyanide, its CEO said in an interview on Friday. The privately-held Czech company is the world’s leading sodium cyanide maker. The…
(Reuters) -Britain’s competition regulator said on Friday that Photoshop owner Adobe’s $20 billion buyout of cloud-based designer platform Figma may be referred to a deeper investigation as it could “reduce innovation”. The Competition and Markets Authority (CMA) said unless the parties offer acceptable undertakings to address competition concerns, mainly in screen design software where Figma…
(Reuters) – U.S. Senate Judiciary Committee Chairman Dick Durbin and ranking Republican member Lindsey Graham said on Friday they wrote to Meta CEO Mark Zuckerberg regarding reports that Instagram’s algorithm facilitates child sexual abuse material. Earlier this month, CNBC reported that Instagram’s recommendation algorithms have been connecting and promoting accounts that facilitate and sell such…
(This June 29 story has been refiled to fix the typo in sub-head to Wagner, not Wager) LONDON (Reuters) – Markets are on the alert to which sectors will buckle under the sharpest jump in interest rates in decades, with big rate moves this month in Britain and Norway a reminder that the tightening is…
By Gabriel Araujo SAO PAULO (Reuters) – Power grids around the world are not yet ready for the so-called flying car, an executive with Brazilian start-up Eve Air Mobility told Reuters, adding that the electric aircraft maker is in talks with power providers to bridge the gap. Eve’s Services & Operations Solutions Vice President, Luiz…
By Chavi Mehta (Reuters) -Xpeng’s U.S.-listed shares jumped more than 11% on Friday after the electric-car maker priced its latest G6 sport utility vehicle about 20% lower than Tesla’s Model Y in China. The pricing comes at a time when U.S. automaker Tesla’s sales in the world’s largest market for electric vehicles were likely to…
