Tesla shares rise on Musk promise to launch cheaper EVs, autonomous vehicle
By Zaheer Kachwala and Siddarth S (Reuters) -Tesla shares gained more than 2% on Thursday after CEO Elon Musk vowed…
Business
Microsoft rolls out DeepSeek’s AI model on Azure
(Reuters) – Microsoft has made Chinese startup DeepSeek’s R1 artificial intelligence model available on its Azure cloud computing platform and…
Exclusive-Netflix expands toy business with ‘Stranger Things’ licensing deal
By Dawn Chmielewski and Lisa Richwine (Reuters) – Netflix is expanding its presence in the toy business, striking its first…
Helion raises $425 million from SoftBank’s venture arm, hits $5.4 billion valuation
By Stephen Nellis (Reuters) – Helion, a startup working to generate electricity from nuclear fusion, on Tuesday said it has…
Smithfield Foods to keep US pork plants open, eyes tariffs amid IPO, CEO says
By Tom Polansek and Juveria Tabassum (Reuters) – Smithfield Foods does not plan to close more U.S. pork processing plants,…
Nvidia options draw dip buyers as shares rebound
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Monday’s massive selloff in AI-darling Nvidia’s shares did little to blunt options…
Nvidia says DeepSeek advances prove need for more of its chips
By Stephen Nellis SAN FRANCISCO (Reuters) -Nvidia on Monday said Chinese AI firm DeepSeek’s advances show the usefulness of its…
Amazon Prime Video shifts focus to live sports to boost profits, The Information reports
(Reuters) – Amazon’s Prime Video has shifted its strategic focus towards live sports and away from original television shows and…
Shein tells UK lawmakers it does not allow Chinese cotton in products sold in US
By Helen Reid and James Davey LONDON (Reuters) -Online fast-fashion retailer Shein requires its contract manufacturers to only source cotton…
Facebook removes, then reinstates, page of British anti-racism organisation
By Catarina Demony LONDON (Reuters) – One of Britain’s biggest anti-racism organisations, Stand Up to Racism, said on Wednesday its…