(Reuters) – Billionaire Elon Musk said in a tweet on Sunday pushed back by a month the date for Neuralink’s “show & tell” event to Nov. 30 and did not provide further information. The chief executive of electric car maker Tesla Inc and rocket developer SpaceX said in August that the event would be held…
By Clara Denina LONDON (Reuters) -Glencore on Monday offered to buy Teck Resources’ steelmaking coal business as a standalone unit, after the Canadian miner twice rebuffed its $22.5 billon offer to combine the two companies. Teck Resources said on June 6 it had received several proposals for its coal business, as it reworks a plan…
By Divya Rajagopal and Ismail Shakil TORONTO/OTTAWA (Reuters) -Rogers Telecommunications said its network was beginning to recover late on Friday after a 19-hour service outage at one of Canada’s biggest telecom operators shut banking, transport and government access for millions, drawing outrage from customers and adding to criticism over its industry dominance. Nearly every facet…
By Nate Raymond (Reuters) -The founders of a venture capital fund devoted to funding Black women-owned businesses on Thursday defended their efforts to support underrepresented entrepreneurs in the face of a lawsuit by a conservative activist accusing it of racial discrimination. The Fearless Fund’s leaders and its lawyers during a news conference in New York…
By Mathieu Rosemain PARIS (Reuters) -France’s data privacy watchdog CNIL said on Thursday it had fined Alphabet’s Google a record 150 million euros ($169 million) for making it difficult for internet users to refuse online trackers known as cookies. Meta Platforms’ Facebook was also fined 60 million euros for the same reason, the CNIL said….
By Jane Lanhee Lee (Reuters) – Silicon Valley artificial intelligence (AI) computing startup SambaNova Systems said on Monday it delivered eight units of its latest AI system to the U.S. Argonne National Laboratory, which is expanding its AI offering to researchers. Each of the systems has eight DataScale SN30 chips, launched in September, and triples…
(Reuters) -U.S. authorities are considering the expansion of an emergency lending facility that would offer banks more support, in an effort that could give First Republic Bank more time to shore up its balance sheet, Bloomberg News reported on Saturday. All deliberations are at an early stage and an expansion of the Federal Reserve’s emergency…
(Reuters) -Russian President Vladimir Putin signed into law a treaty on the country’s strategic partnership with North Korea which includes a mutual defence provision, according to a decree published on Saturday. The accord, signed by Putin and North Korean leader Kim Jong Un in June after a summit in Pyongyang, calls on each side to…
By Rae Wee SINGAPORE (Reuters) – When global commercial real estate services firm JLL found public debt and loan markets were averse to funding a property project in Arizona, it turned to private credit markets and easily got the loan. The $585 million refinancing loan for real estate company Five Star Development was at an…
(Reuters) – Goldman Sachs cut its 2023 growth forecast for the euro zone, following weaker economic activity data. Economists led by Sven Jari Stehn said on Tuesday they now expect a 0.4% growth for the region in 2023. (Reporting by Reshma Rockie George in Bengaluru; Editing by Krishna Chandra Eluri)
