Trump’s crypto advocacy steers businesses away from traditional treasury assets
By Niket Nishant and Bhanvi Satija (Reuters) – U.S. President-elect Donald Trump’s pro-crypto stance is prompting small businesses to allocate…
2024
Applied Materials outlook unchanged after latest US crackdown on China chip exports
(Reuters) -Chip equipment maker Applied Materials said on Tuesday it was not changing its outlook for the first quarter in…
Biden pushes out over $100 billion in clean energy grants as term winds down
By Valerie Volcovici WASHINGTON (Reuters) – U.S. President Joe Biden’s administration has awarded over $100 billion in grants created by…
Nvidia CFO says M&A possible use for growing cash hoard
(Reuters) – AI chip leader Nvidia could put its growing cash pile to use through possible mergers and acquisitions, finance…
Amazon’s cloud service shows new AI servers, says Apple will use its chips
By Greg Bensinger and Stephen Nellis LAS VEGAS (Reuters) – Amazon.com’s cloud unit on Tuesday showed new data center servers…
Amazon to pilot AI-designed material for carbon removal
By Jeffrey Dastin (Reuters) – Amazon.com Inc plans to pilot a new carbon-removal material for data centers, which are at…
Exclusive-Worldline attracts early stage interest from private equity firms, sources say
By Amy-Jo Crowley and Mathieu Rosemain LONDON (Reuters) -French payments group Worldline has attracted early stage takeover interest from private…
US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture
By David Shepardson WASHINGTON (Reuters) -The U.S. Energy Department said Monday it is planning to loan up to $7.54 billion…
Bumble CFO to step down next year amid growth challenges
(Reuters) – Bumble said on Monday Anu Subramanian will step down as chief financial officer, effective March 14, 2025. Subramanian,…
Drone drops paint over Russian embassy in Sweden
STOCKHOLM (Reuters) -An unidentified drone flew over the Russian embassy in Stockholm early on Friday, dropping paint on the grounds…