TikTok bidders pile up as deadline looms with Amazon, OnlyFans founder in mix
By Dawn Chmielewski, Anna Tong and Greg Bensinger (Reuters) -As the weekend deadline for TikTok to find a buyer approaches, bidders for the short-video social [more…]
Conservative cable news channel Newsmax surges another 180% a day after stunning debut
By Zaheer Kachwala, Medha Singh and Suzanne McGee (Reuters) -Shares of conservative news outlet Newsmax soared another 180% on Tuesday, extending their eye-popping gains a [more…]
Meta CEO Zuckerberg lobbies Trump to avoid antitrust trial, WSJ reports
(Reuters) -Meta Platforms CEO Mark Zuckerberg is lobbying U.S. President Donald Trump and White House officials to agree to a settlement that would prevent the [more…]
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Trump tariffs won’t derail fall in European inflation, ECB’s Villeroy says
PARIS (Reuters) – The U.S. administration’s tariff hikes should not derail an ongoing decline in inflation in Europe, ECB policymaker Francois Villeroy de Galhau said [more…]
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If AI doesn’t kill your company, it will make it stronger, study shows
FRANKFURT (Reuters) – If a company can survive the upheaval caused by the adoption of artificial intelligence, AI will help it thrive in the longer [more…]
US inflation swaps price in big short-term tariff impact, flag recession risk
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -Investors in financial derivatives called U.S. inflation swaps are betting that President Donald Trump’s tariffs will have a hefty [more…]
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Meta’s head of AI research to depart in May
(Reuters) – Meta Platforms’ head of artificial intelligence research, Joelle Pineau, plans to leave the company, at a time when the tech giant is aggressively [more…]
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Alibaba prepares for flagship AI model release as soon as April, Bloomberg News reports
(Reuters) -China’s tech and e-commerce giant Alibaba Group is planning to release Qwen 3, an upgraded version of its flagship AI model, as soon as [more…]
Tariff-hit firms may need business turnaround financing, Japan’s bank lobby chair says
By Anton Bridge and Miho Uranaka TOKYO (Reuters) – Japanese banks may need to offer business turnaround support to companies hit by tariffs imposed by [more…]
House Democrats open probe into FCC media investigations
WASHINGTON (Reuters) -Three House of Representatives Democratic lawmakers on Monday opened a probe into a series of investigations launched by Federal Communications Commission chair Brendan [more…]