Tiktok’s Chinese owner appears to be slow-rolling negotiations for sale, Washington Post reports
(Reuters) – Short video app TikTok’s owner ByteDance seems to be slow-rolling negotiations for a sale while waiting for approval…
Business
Banks sell down $5.5 billion of Musk’s X debt to investors, source says
By Shankar Ramakrishnan NEW YORK (Reuters) -Banks led by Morgan Stanley have sold $5.5 billion of some $13 billion of…
US approves potential sale of Lockheed, Northrop Grumman systems to Egypt
WASHINGTON (Reuters) – The U.S. State Department has approved the potential sale of Lockheed Martin and Northrop Grumman Corp’s defense…
AMD’s AI bets face investor scrutiny as Big Tech switches to custom chips
By Arsheeya Bajwa (Reuters) – AMD investors will closely examine the chip designer’s artificial intelligence strategy when it reports fourth-quarter…
Tesla loses market share in Sweden, Norway as Musk looms large
OSLO (Reuters) – Tesla lost market share in Sweden and Norway in January, car registration data showed on Monday as…
Colgate looking to reduce the impact of possible tariffs on toothpaste made in Mexico
By Jessica DiNapoli NEW YORK (Reuters) – Colgate Palmolive is looking at ways to reduce the impact of possible tariffs…
Intel gets $536 million in interest from 1.06 billion euro EU antitrust fine
By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Intel has received 515.55 million euros ($536 million) in default interest…
Infinity Natural valued at $1.3 billion in debut as US energy IPOs rebound
By Atharva Singh and Arasu Kannagi Basil (Reuters) -Infinity Natural Resources notched a valuation of $1.30 billion after shares of…
Blackstone holds firm on data center investments despite DeepSeek turmoil
By Niket Nishant and Manya Saini (Reuters) – Blackstone said on Thursday its massive investments in data centers would not…
Microsoft’s cloud outlook knocks shares, Meta rises on AI payoff signs
By Deborah Mary Sophia and Joel Jose (Reuters) -Investors punished Microsoft with a 6% share drop on Thursday as hefty…