(Reuters) -Meta Platforms CEO Mark Zuckerberg is lobbying U.S. President Donald Trump and White House officials to agree to a settlement that would prevent the company from facing an antitrust trial later this month, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Meta and its representatives have met with the…
By Lucia Mutikani WASHINGTON (Reuters) -U.S. manufacturing contracted in March after growing for two straight months, while a measure of inflation at the factory gate jumped to the highest level in nearly three years amid rising anxiety over tariffs on imported goods. Anecdotes from the Institute for Supply Management survey on Tuesday offered a gloomy…
MILAN (Reuters) – Tesla’s new car registrations in Italy rebounded sharply in March after a plunge the previous month to stand down 7% year-on-year in the quarter as a whole, data from the Transport Ministry showed on Tuesday. The quarterly number adds to signs that drivers are shunning Elon Musk’s electric vehicle brand as competition…
(Reuters) – Meta Platforms’ head of artificial intelligence research, Joelle Pineau, plans to leave the company, at a time when the tech giant is aggressively investing and competing in the AI space. Pineau, who has been with the company for eight years and has led Meta’s Fundamental AI Research group (FAIR) since 2023, will depart…
(Reuters) -China’s tech and e-commerce giant Alibaba Group is planning to release Qwen 3, an upgraded version of its flagship AI model, as soon as this month, Bloomberg News reported on Tuesday, citing a person familiar with the matter. The new release may arrive later in April, although the exact timing could still change, the…
By Anjana Anil and Anushree Mukherjee (Reuters) – Gold prices soared to record levels above $3,100 per ounce in a rally marking one of the most significant upswings in the precious metal’s history, with psychological levels swept aside by a cocktail of factors – including worry about fallout from impending U.S. tariffs. Spot gold hit…
By Andrea Shalal and David Lawder WASHINGTON (Reuters) – U.S. President Donald Trump’s push for sweeping tariffs is creating great uncertainty and denting confidence but is not likely to trigger a near-term recession, International Monetary Fund Managing Director Kristalina Georgieva said on Monday. “We are not seeing a dramatic impact” yet from the tariffs implemented…
(Reuters) – OpenAI is planning to release its first open-weight language model with reasoning capabilities since GPT‑2 in the coming months, CEO Sam Altman said on Monday. The company will speak with developers about how to make it useful, Altman said in a post on X. An open-weight language model is a type that allows…
(Reuters) – Lockheed Martin on Monday said the U.S. Army had awarded it a contract worth up to $4.94 billion to produce Precision Strike Missiles (PrSM). Defense companies are seeing a surge in weaponry demand, driven by conflicts across the globe. The Pentagon has been prioritizing purchases of the PrSM, which is to replace the…
By Jonathan Stempel (Reuters) – Google has agreed to pay $100 million in cash to settle a long-running lawsuit claiming it overcharged advertisers by failing to provide promised discounts and charged for clicks on ads outside the geographic areas the advertisers targeted. A preliminary settlement of the 14-year-old class action, which began in March 2011,…
