By Mike Stone, Fanny Potkin and Wen-Yee Lee WASHINGTON/SINGAPORE/TAIPEI (Reuters) -The White House is seeking to renegotiate U.S. CHIPS and Science Act awards and has signaled delays to some upcoming semiconductor disbursements, two sources familiar with the matter told Reuters. The people, along with a third source, said the new administration is reviewing the projects…
By Nate Raymond (Reuters) – Donald Trump and his supporters on Wednesday continued to ramp up their criticism of judges who they say have stymied the Republican U.S. president’s second-term agenda, with billionaire ally Elon Musk calling for “an immediate wave of judicial impeachments.” Those statements came a day after federal courts forced U.S. agencies…
By Stephen Nellis (Reuters) – Adobe on Wednesday released the first public version of an artificial intelligence tool that can generate video clips and revealed how much it will charge, but said it will not set pricing for major users such as studios until later this year. The Firefly Video Model, as Adobe is calling…
By Ernest Scheyder and Sheila Dang HOUSTON (Reuters) -Chevron will lay off 15% to 20% of its global workforce by the end of 2026, the U.S. oil company said on Wednesday as it seeks to cut costs, simplify its business, and complete a major acquisition. The No. 2 U.S. oil producer has faced production challenges…
By Divya Rajagopal and Felix Njini TORONTO (Reuters) -Barrick Gold will resume operations at its shuttered Loulo-Gounkoto mine in Mali once authorities in the country allow it to resume gold shipments, CEO Mark Bristow said on Wednesday. The Toronto-based miner said it has been assured by Mali that gold worth about $245 million seized by…
(Reuters) – Federal Reserve Chair Jerome Powell on Tuesday said he did not believe that Elon Musk or members of his Department of Government Efficiency team have tried to access the Fed’s secure payment systems. “Will you commit to report to this committee, majority and minority, immediately should you become aware of any such attempt…
By Anna Tong Positron, a startup chip maker that aims to compete with Nvidia, said Tuesday it raised $23.5 million to scale production of its U.S.-made artificial intelligence chips. Valor Equity Partners, known for backing Elon Musk’s companies, Atreides Management, Flume Ventures and Resilience Reserve were among the investors who participated in the round. Reno-based…
By Foo Yun Chee BRUSSELS (Reuters) – DeepSeek may face more actions from national regulators in the future, Europe’s privacy watchdog said on Tuesday, underscoring the bloc’s concerns about the rising popularity of the cheap Chinese artificial intelligence startup. National privacy regulators discussed DeepSeek at a monthly meeting on Tuesday, after Italy blocked the chatbot…
(Reuters) – Juniper Networks denied the allegations by the U.S. Department of Justice, after the agency sued to block Hewlett Packard Enterprise’s $14 billion all-cash takeover of the networking gear maker, according to a court filing. Last month, the DOJ argued in its complaint that the proposed deal would stifle competition and lead to Cisco…
By Yuliia Dysa and Tom Balmforth KYIV (Reuters) – President Volodymyr Zelenskiy said on Monday that “serious” members of U.S. President Donald Trump’s team would travel to Ukraine this week for the first time, as diplomatic efforts to end the war with Russia intensify. Zelenskiy, who is trying to forge close relations with Trump as…
