(Fixes misspelling in paragraph 5 on Margot) By Danielle Broadway LOS ANGELES (Reuters) -Toy maker Mattel is combining its film…
Category: Business
Coinbase breach linked to customer data leak in India, sources say
By Raphael Satter WASHINGTON (Reuters) -Cryptocurrency exchange Coinbase knew as far back as January about a customer data leak at…
Exclusive-Anthropic hits $3 billion in annualized revenue on business demand for AI
By Anna Tong, Jeffrey Dastin SAN FRANCISCO (Reuters) -Artificial intelligence developer Anthropic is making about $3 billion in annualized revenue,…
Northrop Grumman invests $50 million in space startup Firefly Aerospace
(Reuters) -U.S. defense contractor Northrop Grumman has invested $50 million into space startup Firefly Aerospace to aid the production of…
Nike’s longtime design and innovation chief John Hoke to retire
(Reuters) -Nike’s chief innovation officer, John Hoke, is retiring, the world’s largest sportswear company said on Thursday. Hoke, who joined…
Jefferies poaches four senior tech bankers from Guggenheim Partners, sources say
(This May 27 story has been corrected to fix the spelling of Ron Eliasek in paragraph 8) By Milana Vinn…
GameStop buys bitcoin worth $513 million in crypto push
(Reuters) -GameStop has purchased bitcoin worth about $513 million, the company said on Wednesday as the ailing video game retailer…
TSMC still evaluating ASML’s ‘High-NA’ as Intel eyes future use
By Nathan Vifflin AMSTERDAM (Reuters) -Taiwan Semiconductor Manufacturing Co (2330.TW), the world’s largest contract chipmaker, is still assessing when it…
Stablecoin giant Circle targets $6.7 billion valuation in US IPO
By Arasu Kannagi Basil and Pritam Biswas (Reuters) -Circle Internet said on Tuesday it was targeting a valuation of up…
Striking workers approve latest contract offer from at RTX’s Pratt & Whitney
By Dan Catchpole (Reuters) – Striking workers at RTX’s Pratt & Whitney approved the company’s second contract offer on Tuesday…