Netflix to invest $1 billion in Mexico over next 4 years
By Sarah Morland MEXICO CITY (Reuters) – The chief executive of streaming giant Netflix on Thursday announced a $1 billion investment to produce some 20 films and TV series in…
China ETFs draw bullish options bets on AI play and eased tariff fears
By Saqib Iqbal Ahmed NEW YORK (Reuters) – U.S.-listed exchange-traded funds focused on China have drawn bullish options flows as the emergence of artificial intelligence startup DeepSeek brightens the outlook…
Amazon to stop support for communications service Chime next year
(Reuters) – Amazon said it would stop support for its unified communications service, Chime, next year and will not accept new customers beginning Wednesday. Amazon employees have long used Chime,…
BlackRock pauses corporate meetings in wake of new ESG rules
(Reuters) – BlackRock has temporarily paused meetings with some portfolio companies while studying the impact of new reporting rules from the U.S. Securities and Exchange Commission, according to people familiar…
Vanguard ETF poised to overtake State Street’s fund as world’s biggest
By Suzanne McGee (Reuters) – Vanguard Group’s Standard & Poor’s 500 ETF is on the edge of finally seizing the title of the world’s largest exchange-traded fund from rival State…
Microsoft to invest $700 million to boost Poland’s cybersecurity
WARSAW (Reuters) -Microsoft plans to invest an additional 700 million dollars in Poland to improve Polish cybersecurity in cooperation with the country’s armed forces, the company’s president said on Monday…
Banks sell down more X debt; just $1.3 billion now left on their books
By Shankar Ramakrishnan (Reuters) -Banks led by Morgan Stanley have sold to investors another chunky portion of loans that formed the $13 billion debt supporting Elon Musk’s $44 billion acquisition…
Dell nears deal to sell $5 billion in AI servers to xAI, Bloomberg News reports
(Reuters) -Dell Technologies is nearing a deal worth more than $5 billion to provide Elon Musk’s xAI with servers optimized for artificial intelligence work, Bloomberg News reported on Friday, citing…
Musk’s xAI in talks to raise $10 billion at $75 billion valuation, Bloomberg News reports
(Reuters) -Elon Musk’s xAI is discussing to raise $10 billion that could value the artificial intelligence startup at about $75 billion, Bloomberg News reported on Friday, citing a person familiar…
Adobe launches AI video tool to compete with OpenAI
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,…