Business X to report first annual ad revenue growth since Musk’s takeover, data shows Financial Wealth DailyMarch 26, 20250 By Jaspreet Singh (Reuters) – Elon Musk-owned social media platform X is poised for the company’s first year of advertising…
Business OpenAI does not expect to be cash-flow positive until 2029, Bloomberg News reports Financial Wealth DailyMarch 26, 20250 (Reuters) – OpenAI is not expecting its cash flow to turn positive until 2029, Bloomberg News reported on Wednesday, citing…
Business AT&T in talks to buy Lumen’s consumer fiber unit, Bloomberg News reports Financial Wealth DailyMarch 25, 20250 (Reuters) -AT&T is in talks to acquire Lumen Technologies’ consumer fiber operations, in a deal that could value the unit…
Business Oil loading slows at Venezuela’s ports amid US tariffs, license termination, data shows Financial Wealth DailyMarch 25, 20250 By Marianna Parraga (Reuters) -Loading of Venezuela’s heavy crude at its main oil ports slowed this week after the U.S….
Business China’s DeepSeek releases AI model upgrade, intensifies rivalry with OpenAI Financial Wealth DailyMarch 25, 20250 BEIJING (Reuters) – Chinese artificial intelligence startup DeepSeek released a major upgrade to its V3 large language model, intensifying competition…
Business Ripple Labs says it settles with US SEC, will pay reduced $50 million fine Financial Wealth DailyMarch 25, 20250 By Jonathan Stempel NEW YORK (Reuters) – Ripple Labs agreed to settle a U.S. Securities and Exchange Commission civil lawsuit…
Business Tesla jumps as possible tariff leeway, lower share price draw investors Financial Wealth DailyMarch 24, 20250 By Deborah Mary Sophia and Akash Sriram (Reuters) -Tesla shares surged 10% on Monday after this year’s steep decline following…
Business Apple is welcome to expand investment in China, commerce minister tells CEO Financial Wealth DailyMarch 24, 20250 BEIJING (Reuters) – China’s commerce minister told Apple CEO Tim Cook on Monday that the company is welcome to expand…
Business OpenAI COO to spearhead global growth, partnerships in expanded role, Altman says Financial Wealth DailyMarch 24, 20250 (Reuters) – OpenAI’s Chief Operating Officer Brad Lightcap will oversee global expansion and corporate partnerships, CEO Sam Altman said on…
Business Barclays beats two lawsuits in US over $17.7 billion issuance blunder Financial Wealth DailyMarch 21, 20250 (Reuters) – Barclays won the dismissal on Friday of two U.S. securities fraud lawsuits stemming from the British bank’s unauthorized…