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Business

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Apple shakes up AI executive ranks in bid to turn around Siri, Bloomberg News reports

Financial Wealth DailyMarch 20, 20250

(Reuters) – Apple is shaking up its executive ranks to get its AI efforts back on track after months of…

  • Business

Nvidia to open quantum computing lab, CEO says

Financial Wealth DailyMarch 20, 20250

By Stephen Nellis SAN JOSE, California (Reuters) -Nvidia will open a quantum computing research lab in Boston, where it plans…

  • Business

Eli Lilly launches weight-loss drug Mounjaro in India, beats Novo Nordisk to major market

Financial Wealth DailyMarch 20, 20250

By Rishika Sadam HYDERABAD (Reuters) -Eli Lilly launched its blockbuster diabetes and weight-loss drug Mounjaro in India on Thursday, beating…

  • Business

Perplexity AI in talks to raise funds at $18 billion valuation, source says

Financial Wealth DailyMarch 20, 20250

By Jaspreet Singh and Akash Sriram (Reuters) -Perplexity AI is in talks to raise funds at an $18 billion valuation,…

  • Business

Amazon loses court fight against record $812 million Luxembourg privacy fine

Financial Wealth DailyMarch 19, 2025March 19, 20250

By Foo Yun Chee BRUSSELS (Reuters) – Amazon lost its fight against a record 746 million euro ($812.4 million) fine…

  • Business

Nvidia CEO says orders for 3.6 million Blackwell GPUs exclude Meta

Financial Wealth DailyMarch 19, 2025March 19, 20250

(Reuters) -Nvidia CEO Jensen Huang said on Wednesday that orders for some 3.6 million of its flagship “Blackwell” chips from…

  • Business

GM to use Nvidia AI chips, software to automate vehicles, factories

Financial Wealth DailyMarch 18, 2025March 19, 20250

By Kalea Hall and Abhirup Roy (Reuters) – General Motors will use artificial intelligence chips and software from Nvidia to…

  • Business

Google to pay $28 million to settle claims it favored white and Asian employees

Financial Wealth DailyMarch 18, 2025March 19, 20250

By Jonathan Stempel (Reuters) – Google agreed to pay $28 million to settle a class action lawsuit claiming that it…

  • Business

Alphabet back in talks to buy cybersecurity startup Wiz for $30 billion, source says

Financial Wealth DailyMarch 17, 2025March 19, 20250

(Reuters) -Google-parent Alphabet is in advanced talks to acquire cybersecurity startup Wiz for around $30 billion, a source familiar with…

  • Business

Amazon defeats shareholder lawsuit over third-party sellers, capacity expansion

Financial Wealth DailyMarch 17, 2025March 19, 20250

By Jonathan Stempel (Reuters) -A U.S. judge dismissed a lawsuit accusing Amazon.com of defrauding shareholders about its treatment of third-party…

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