Intel in early talks to add AMD as foundry customer, Semafor reports
(Reuters) -Intel is in early talks to add AMD as a foundry customer, Semafor reported on Wednesday, citing people familiar…
Honeywell offloads asbestos liabilities to lift cash flow
(Reuters) -Honeywell said on Wednesday that it has divested all of its Bendix asbestos liabilities, as well as certain non-Bendix…
Exclusive-Yahoo nears deal to sell AOL to Italy’s Bending Spoons for $1.4 billion, sources say
By Milana Vinn and Elvira Pollina New York (Reuters) -Yahoo is in advanced talks to sell AOL to Italian technology…
Musk’s xAI to provide Grok chatbot to US federal agencies
(Reuters) -Elon Musk’s xAI has struck a deal with the U.S. General Services Administration (GSA) to provide the artificial intelligence…
Toyota halts production at Brazil plants after storm damage
By Alberto Alerigi SAO PAULO (Reuters) -Japanese carmaker Toyota was forced to halt production at two plants in Brazil on…
China’s Huawei co-develops DeepSeek model, improves censoring
By Eduardo Baptista BEIJING (Reuters) – Chinese tech giant Huawei has co-developed a safety-focused version of artificial intelligence model DeepSeek…
Workday rises after Elliott reveals $2 billion stake, endorses leadership
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US sectors to watch as Fed lines up first rate cut of 2025
By Shashwat Chauhan and Johann M Cherian (Reuters) -U.S. corporate sectors that are sensitive to interest rates will be in…
Workday rises after Elliott reveals $2 billion stake, endorses leadership
(Reuters) – Shares of Workday rose nearly 9% on Wednesday, after activist investor Elliott Management unveiled a stake of more…
Amazon invests over $1 billion to raise employee pay, lower healthcare costs
(Reuters) – Amazon.com said on Wednesday it is investing more than $1 billion to raise pay and lower healthcare costs…