By Elizabeth Howcroft and Hannah Lang AMSTERDAM/NEW YORK (Reuters) – The president of U.S. crypto firm Ripple is “optimistic” that a lobbying push by the crypto industry will yield results in this year’s U.S. elections, after her company helped the industry lead a record fundraising haul to back political candidates who are crypto-friendly. San Francisco-based…
(Reuters) – JetBlue Airways on Monday forecast a smaller drop in second-quarter revenue than it had previously forecast due to healthy travel demand, sending its shares up 2.3% in premarket trading. Major U.S. carriers expect record passenger numbers for the summer season but uneven demand on certain routes has led to overcapacity and is hurting…
(Reuters) -Spotify raised prices for its premium plans in the United States on Monday, the latest step by the Swedish music-streaming service in its push to increase margins. On a monthly basis, Spotify has raised prices of its individual plan to $11.99 from $10.99, duo plan to $16.99 from $14.99 and its family plan to…
By Jasper Ward (Reuters) – Roughly a day since joining TikTok, Republican presidential candidate Donald Trump had attracted 3 million followers on the short video social media platform that he tried to ban as president on national security grounds. The decision to join the platform on Saturday could help the former president reach younger voters…
By Arsheeya Bajwa TAIPEI (Reuters) – Advanced Micro Devices unveiled its latest artificial intelligence processors on Monday and detailed its plan to develop AI chips over the next two years in a bid to challenge industry leader Nvidia. At the Computex technology trade show in Taipei, AMD CEO Lisa Su introduced the MI325X accelerator, which…
By David Shepardson WASHINGTON (Reuters) – U.S. regulators will not immediately allow Boeing to increase 737 MAX production as it addresses ongoing safety issues, the agency’s administrator said on Thursday, after a three-hour meeting with company officials, including outgoing CEO Dave Calhoun. The Federal Aviation Administration’s enhanced oversight of Boeing will continue in coming months,…
By Liz Lee, Joey Roulette, Joe Brock and Eduardo Baptista BEIJING (Reuters) -China landed an uncrewed spacecraft on the far side of the moon on Sunday, overcoming a key hurdle in its landmark mission to retrieve the world’s first rock and soil samples from the dark lunar hemisphere. The landing elevates China’s space power status…
By Xinghui Kok and Fanny Potkin SINGAPORE (Reuters) – Ukrainian President Volodmyr Zelenskiy’s unscheduled appearance at Asia’s biggest security conference dominated proceedings on Sunday after China’s defence chief slammed “separatists” in Taiwan, drawing a sharp response from the government in Taipei. Dressed in his trademark olive green T-shirt, Zelenskiy addressed the last day of the…
By Medha Singh (Reuters) – Nvidia could soon surpass Apple to become the world’s second-most valuable company, as the kingmaker behind the AI revolution takes on the iPhone maker that has ruled Wall Street for decades. The reliance of virtually all artificial intelligence applications such as OpenAI’s ChatGPT on Nvidia’s high-end chips has helped the…
By Katie Paul NEW YORK (Reuters) – Meta said on Friday its flagship app Facebook is attracting its highest number of young adults in three years, as it tries to shake the platform’s reputation as a hangout for an older generation. The social media network said that more than 40 million U.S. and Canadian adults…
