GitLab soars on plan for new AI-powered product
By Chibuike Oguh NEW YORK (Reuters) – Shares of GitLab Inc jumped more than 35% on Tuesday after the software…
Technology
Reddit to lay off about 5% of its workforce
(Reuters) – Reddit said on Tuesday it is laying off about 5% of its workforce, or 90 employees, joining a…
Alternative asset specialist Beneficient set to complete $3.3 billion SPAC merger
By Svea Herbst-Bayliss NEW YORK (Reuters) – Beneficient is set to go public this week with a blank-check vehicle in…
Binance, US affiliate hit by net outflows of $1.43b since SEC lawsuit, data shows
By Tom Wilson, Rae Wee and Hannah Lang (Reuters) -Investors have pulled around $1.43 billion from the crypto exchange Binance…
Apple buys AR headset startup Mira – The Verge
(Reuters) -Apple Inc has acquired Mira, a Los Angeles-based AR startup that makes headsets for other companies and the U.S….
OpenAI CEO has no IPO plan due to ‘strange’ company structure
By Supantha Mukherjee STOCKHOLM (Reuters) – Microsoft-backed OpenAI, the company behind ChatGPT, has no plans to go public any time…
Hollywood actors authorize strike as writers still out
By Lisa Richwine LOS ANGELES (Reuters) -Hollywood’s actors union voted to authorize a strike if contract talks break down, turning…
U.S. Senate leader schedules classified AI briefings
WASHINGTON (Reuters) – Senate Majority Leader Chuck Schumer said on Tuesday he has scheduled three briefings for senators on artificial…
CEO of Germany’s Merck: decoupling from China would be at huge economic cost
By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) -The CEO of German technology group Merck KGaA said that unravelling trade…
Linda Yaccarino: the advertising executive Musk picked as new Twitter CEO
(Reuters) -Linda Yaccarino began her role as Twitter’s new CEO on Monday, about a month after Elon Musk named her…