By Nathan Vifflin (Reuters) -STMicroelectronics expects 5,000 staff to leave the company in the next three years, including 2,800 job…
Month: June 2025
Apple and Alibaba’s AI rollout in China delayed by Trump’s trade war, FT reports
(Reuters) – Apple and Alibaba’s rollout of artificial intelligence services in China is being delayed by a Beijing regulator, the…
Amazon to invest $10 billion in North Carolina to expand cloud, AI infrastructure
(Reuters) -Amazon.com is investing $10 billion in North Carolina to expand its artificial intelligence infrastructure, further deepening its presence in…
AI-driven search ad spending set to surge to $26 billion by 2029, data shows
By Jaspreet Singh (Reuters) -Spending on AI-powered search advertising is poised to surge to nearly $26 billion by 2029 from…
Palantir defies tech gloom as Trump momentum powers stellar share gains
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US judge dismisses California’s tariff lawsuit, teeing up appeal
By Dietrich Knauth NEW YORK (Reuters) -A U.S. judge dismissed the state of California’s challenge to President Donald Trump’s tariffs,…
JPMorgan gives consumer banking head Lake more responsibility as incumbent leaves
(Reuters) -JPMorgan Chase has given Marianne Lake, widely seen as a potential successor to CEO Jamie Dimon, the additional responsibility…
Fed’s Bostic says current uncertainty calls for patience on rate policy
By Michael S. Derby NEW YORK (Reuters) -Atlanta Federal Reserve President Raphael Bostic said on Tuesday a strong economy gives…
Palantir defies tech gloom as Trump momentum powers stellar share gains
By Arsheeya Bajwa (Reuters) -Palantir Technologies has succeeded where most tech stocks have struggled this year: staying hot in a…
Coinbase breach linked to customer data leak
Unsubscribe Scary New Prediction: Your Money Seized?! [sponsor] During and after the Great Financial Crisis of 2008, 485 U.S. banks went…