(Reuters) – Comcast is raising prices for its Xfinity program, the media giant said on Wednesday, as it looks to offset high programming costs. Xfinity provides video, broadband and phone servic[...]
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December 6, 2023
Musk’s SpaceX approaches investors for another tender offer – Bloomberg News
(Reuters) – Elon Musk’s SpaceX has approached investors about another tender offer that would value the company at above $175 billion, a Bloomberg News reporter said in a post on X. Tender[...]
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Chinese e-commerce platform Temu drawing shoppers from US dollar stores -data
By Arriana McLymore and Granth Vanaik NEW YORK (Reuters) – Temu, the fast-growing Chinese e-commerce platform selling $4 home decor and $10 shirts, is successfully taking on U.S. dollar stores i[...]
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GameStop misses revenue estimates on slow videogame demand, competition
By Arsheeya Bajwa (Reuters) -GameStop missed quarterly revenue estimates on Wednesday as competition grew and consumers dialed back spending in an uncertain economy, hampering the videogame retailer[...]
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AMD forecasts $45 billion AI chip market this year, $2 billion in sales in 2024
By Max A. Cherney (Reuters) -AMD estimated there was a $45 billion market for its data center artificial intelligence processors this year as it launched a new generation of AI chips on Wednesday. The[...]
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Alphabet unveils long-awaited Gemini AI model
By Max A. Cherney and Stephen Nellis SAN FRANCISCO (Reuters) – Alphabet on Wednesday introduced its most advanced artificial intelligence model, a technology capable of crunching different forms[...]
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US judge signs off on Binance, former chief’s plea deals with DOJ -court filings
NEW YORK (Reuters) – U.S. District Judge Richard Jones in Seattle on Wednesday signed off on plea deals agreed by U.S. prosecutors, Binance Holdings and its former chief Changpeng Zhao, accordin[...]
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Exclusive-AbbVie nears roughly $8 billion deal for drug developer Cerevel-sources
By David Carnevali NEW YORK (Reuters) – AbbVie Inc is nearing an approximately $8 billion deal to acquire Cerevel Therapeutics Holdings Inc, a developer of drugs for neurological conditions such[...]
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Stellantis seeks to void California emissions deal with rival automakers
By David Shepardson (Reuters) -Chrysler-parent Stellantis said on Wednesday it is seeking to void a 2019 California emissions deal with rival automakers and it may face new compliance penalties from s[...]
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