By Jane Lanhee Lee OAKLAND, California (Reuters) – Artificial intelligence chip startup Cerebras Systems on Tuesday said it released open source ChatGPT-like models for the research and business[...]
Read more
March 28, 2023
Dollar retreats as banking sector fears fade
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The U.S. dollar fell against a basket of currencies for a second straight day on Tuesday as easing worries about a banking crisis revived investors[...]
Read more
First Citizens shares hit record high in wake of SVB purchase
(Reuters) – Shares of First Citizens BancShares Inc climbed to a record high on Tuesday, extending gains for a second day after scooping up the assets of failed peer Silicon Valley Bank. First C[...]
Read more
EU regulators clear Google’s maths app deal
BRUSSELS (Reuters) – EU antitrust regulators gave unconditional approval for Alphabet unit Google’s acquisition of Croatian maths app Photomath, the European Commission said in a statement[...]
Read more
Caesars, MGM and other Las Vegas hotels deny room-rate price-fixing conspiracy
By Mike Scarcella (Reuters) – A group of companies operating prominent hotels on the Las Vegas strip on Monday asked a U.S. court to dismiss a lawsuit filed by tourists accusing them of conspiri[...]
Read more
Shares in Mexico’s TV Azteca up more than 5% after Q4 results
MEXICO CITY (Reuters) – Shares in Mexican broadcaster TV Azteca rose more than 5% on Tuesday, a day after the publication of its fourth quarter 2022 results. The company posted a net profit of 1[...]
Read more
EV startup Lucid plans to cut about 18% of its workforce – report
(Reuters) – Electric-vehicle maker Lucid Group Inc is planning to lay off about 18% of its workforce, Insider reported on Tuesday, citing sources familiar with the matter and an internal memo. T[...]
Read more
L’Oreal defeats U.S. woman’s lawsuit over ‘Paris’ product labels
By Jonathan Stempel NEW YORK (Reuters) – A judge dismissed a proposed class action lawsuit accusing L’Oreal SA of tricking American shoppers into overpaying for its beauty products by maki[...]
Read more
Cryptoverse: Buoyant bitcoin’s losing its liquidity
By Medha Singh and Lisa Pauline Mattackal (Reuters) – Bullish bitcoin has been a surprise winner of the banking blowout. Yet investors aiming to amp up their bets face an ominous obstacle: a lac[...]
Read more