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Meta hires four more OpenAI researchers, The Information reports

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... a person familiar with their hiring. Earlier this week, the Instagram parent hired Lucas Beyer, Alexander Kolesnikov and Xiaohua Zhai, who were all working ...



Microsoft Corporation (MSFT)'s Next-Gen AI Chip Production ...

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... . The media group, citing three sources familiar with the matter, said that the Maia AI chip was facing a delay […]



China's copper smelters win better-than-expected $0 processing fee ...

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... sources with knowledge of the matter. Reuters • 12 hours ago. These Stocks ...



ECB should change inflation target, researchers to tell policymakers

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... sources with knowledge of the matter. Reuters • 1 hour ago. AstraZeneca defies Trump to bet on China. When Pascal ...



CD&R joins race for BP's $8 billion Castrol unit, Sky News reports

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Sources close to the matter have indicated to Sky News that Lund is not participating in CD&R's offer for the Castrol division. The Castrol divestiture is ...



Trump Baffles With Sudden U-Turn on China Buying Iranian Oil

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In the meantime, however, Treasury will continue to strictly enforce related sanctions, said one of the people, who asked not to be identified given the ...



Exclusive-US allows ethane to be loaded and shipped to China, but ...

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... a person familiar with the matter and copy of one letter. The letters from the U.S. Department of Commerce follow earlier notifications to the companies ...



NTT has lodged preliminary prospectus to list REIT on Singapore ...

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... this week and list on the Singapore Exchange as early as July, citing two sources with knowledge of the matter.



ChatGPT: Everything you need to know about the AI-powered chatbot

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OpenAI expects its revenue to triple to $12.7 billion in 2025, fueled by the performance of its paid AI software, Bloomberg reported, citing an anonymous source ...



Trump tariffs live updates: Trump may extend tariff deadline, CEA ...

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European officials now expect a 10% "reciprocal" tariff to be the starting point in any US-EU trade deal, according to five sources close to the talks.



Disney laid off staff as it rebalances product, tech resources

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... a person with direct knowledge. The layoffs were geared toward rebalancing resources, and the company continues to hire in product and technology, the ...



Marubeni enters US ice-cream market with Bubbies acquisition

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LONDON/MADRID (Reuters) -Santander is among bidders that submitted a binding offer for Spanish lender Sabadell's British unit TSB, two sources with knowledge of ...



Pharming Group to host webcast on findings of a new study ...

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... published in the peer-reviewed journal Cell. The study titled “Scalable generation and functional classification of genetic variants in inborn errors of ...



The Summer issue of World Finance magazine has been published ...

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The Summer issue of World Finance magazine has been published and it is packed with insightful articles and expert analysis covering a wide spectrum of global ...



Israeli gas flows to Egypt return to normal as Iran truce holds

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Daily exports have climbed to 1 billion cubic feet per day, according to two people with direct knowledge of the situation. That's up from 260 million cubic ...



Exclusive-US exchanges, SEC in talks to ease public company ...

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... people familiar with the matter. These deliberations, the details of which are reported here for the first time, involve the SEC, Nasdaq and the New York ...



Companies Look to Borrow Before Yields Rise on Iran Retaliation

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... asked not to be identified. Deal announcements then came later than usual, they added. The decision by borrowers to sell debt underscores the muted reaction ...



Musk's xAI lures investors to sweetened $5 billion debt deal

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The $3 billion of new bonds priced at a 12.5% yield, as did a $1 billion fixed-rate term loan, according to a person familiar with the matter. A separate $1 ...



Apple executives held internal talks about buying Perplexity ...

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... with knowledge of the matter. The discussions are at an early stage and may not lead to an offer, the report said, adding that the tech behemoth's ...



Musk's xAI extends deadline and ups yield on bonds following ...

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... a person with direct knowledge of the matter said on Friday. The deadline for investors to commit to buying into the deal, which includes bonds and loans ...



Exclusive-Nvidia, Foxconn in talks to deploy humanoid robots at ...

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The sources did not wish to be identified as they are not authorised to speak to the media. Leo Guo, general manager of the robotics business unit at ...



Trump Pledge of Quick China Magnet Flows Has Yet to Materialize

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Corporate chiefs affected by the export-control spat have sought clarity from the administration on its strategy, according to people familiar with the matter.



Microsoft prepared to abandon high-stakes talks with OpenAI, FT ...

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... people familiar with the matter. The company plans to rely on its existing commercial contract to maintain access to OpenAI's technology until 2030 ...



Europe Frets About US Retreating From Region Ahead of NATO

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... a person familiar with the matter. It's unclear whether European nations have started planning to fill any potential gaps left by US forces. Withdrawing the ...



Grab-GoTo merger talks face Indonesian regulatory hurdles ...

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... did not wish to be identified as the deal talks are confidential. Grab said last week it stood by its previous statement that it was not involved in any ...



Exclusive-Turkish Airlines explores Air Europa stake as bid deadline ...

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... sources with knowledge of the deal, with binding bids due in the coming weeks. Interested investors have been asked to submit binding bids by early July ...



Meta Discussed Buying Perplexity Before Investing in Scale

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... people familiar with the matter.Most Read from BloombergSecurity Concerns Hit Some of the World's 'Most Livable Cities'One Architect's Quest to Save ...



US-China Tech Fight Widens After Taiwan Blacklists Huawei

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They requested anonymity as they weren't authorized to speak publicly. A congressional committee focused on China, meanwhile, said after Taipei's move that ...



Wall Street Wants In on Crumbl's Oversized Sugary Cookies

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and Golub Capital have closed a $500 million private credit loan to the company, according to a person with knowledge of the matter.Crumbl confirmed that it ...



Jennifer Garner's baby food company confidentially files for an IPO ...

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... people familiar with the matter. The Berkeley, California-based company has tapped a group of investment banks for the IPO, which could occur as soon as ...



Exclusive-Ferrari delays second EV model to at least 2028 because ...

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... sources close to the matter told Reuters. Known for its roaring petrol engines, Ferrari has sold hybrid models since 2019 and will begin unveiling its first ...



As trade war truce with China holds, US lifts curbs for chip design ...

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... declined to be identified. EDA RELIEF. Siemens said in a statement that it has resumed sales and support for Chinese customers after it was recently notified ...



Trump threatens to raise tariffs on goods from India over Russian oil ...

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The sources did not wish to be identified due to the sensitivity of the matter. Washington has cited geopolitical disagreements with India to explain why it ...



Uber considers massive office lease in Seattle area

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“They sent counter (offers) to five buildings in the (Bellevue) CBD and for the Spring District Meta sublease,” a source said, according to the Puget Sound ...



Raisa Energy to reportedly sell US oil and gas assets for $1.5bn

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The deal is not yet certain and the final price may vary based on market dynamics, according to sources who requested anonymity due to the confidentiality of ...



Volkswagen to close jointly-owned China plant, reports Handelsblatt

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... a person with direct knowledge of the matter.The carmaker would gradually shift production of its Passat family cars from the Nanjing plant to a nearby ...

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