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