Alibaba’s AliExpress recruits Beckham to ‘score more’ global sales
By Casey Hall SHANGHAI (Reuters) – AliExpress, an e-commerce site owned by Chinese giant Alibaba, has signed former England soccer…
May 2024
Elon Musk plans xAI supercomputer, The Information reports
(Reuters) – U.S. businessman Elon Musk recently told investors that his artificial intelligence startup xAI is planning to build a…
GameStop surges after fetching $933 million from stock sale
(Reuters) -GameStop made nearly $933.4 million by selling 45 million shares, the struggling videogame retailer said on Friday, sending its…
Dell hits record high amid rally in AI stocks
By Yuvraj Malik (Reuters) – Shares of Dell Technologies hit a record high on Friday amid a rally in companies…
Tesla shareholders advised to reject Musk’s $56 billion pay
(Reuters) – Proxy advisory firm Glass Lewis said on Saturday it has urged Tesla shareholders to reject a $56 billion…
Google invests 1 billion euros in Finnish data centre to drive AI growth
HELSINKI (Reuters) – Alphabet-owned Google will invest a further 1 billion euros ($1.1 billion) into the expansion of its data…
CalPERS to vote against Exxon board members
(Reuters) -CalPERS, the biggest public pension plan in the United States, said on Monday it would vote against all Exxon…
Target lowering prices on 5,000 items in bid to lure more shoppers
(Reuters) – Target will be lowering prices on at least 5,000 frequently shopped products across its assortment ranging from milk…
Anglo shareholder LGIM supports break-up plan as BHP circles
LONDON (Reuters) – Anglo American shareholder Legal & General Investment Management (LGIM) supports the break-up plan announced by the company…
OpenAI unveils new AI model as competition intensifies
By Anna Tong and Akash Sriram (Reuters) -ChatGPT maker OpenAI said on Monday it would release a new AI model…