(Reuters) – Amazon.com’s cloud computing division would invest $7.8 billion through 2030 in Ohio to expand its data center operations, it said on Monday. The e-commerce giant, which has in[...]
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June 26, 2023
Meta launches Quest+ subscription for VR headsets
(Reuters) – Meta Platforms on Monday launched Meta Quest+, a subscription-based service for its virtual reality (VR) headsets to shape a nascent but high-investment market. Chief Executive Mark[...]
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Biogen shareholders back Susan Langer as director
(Reuters) – Biogen shareholders elected former company executive Susan Langer as a director on Monday, weeks after her romantic partner, Alex Denner, vacated the seat and the board nominated her[...]
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US Supreme Court lets Google win stand against Genius suit over song lyrics
By Blake Brittain WASHINGTON (Reuters) -The U.S. Supreme Court on Monday declined to hear a bid by website Genius to revive its lawsuit accusing Alphabet’s Google of misusing its transcripts of[...]
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Heathcare stocks weigh on STOXX 600, defence stocks slide
By Amruta Khandekar and Siddarth S (Reuters) -European shares inched lower on Monday, led by healthcare, while defence stocks fell after an aborted weekend mutiny in Russia. The pan-European STOXX 600[...]
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Explainer-Why are Facebook and Instagram ending news access in Canada?
By Samrhitha A (Reuters) – Meta Platforms plans to cut off access to news on Facebook and Instagram for all users in Canada once a new law requiring internet giants to pay news publishers takes[...]
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Carnival forecasts lower profit as costs bite, shares drop 11%
By Ananya Mariam Rajesh and Juveria Tabassum (Reuters) -Cruise operator Carnival on Monday forecast third-quarter profit largely below estimates as rising marketing and labor costs eat into gains from[...]
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Starbucks strike over Pride decor follows LGBTQ anger on hours, benefits
By Hilary Russ and Caroline Valetkevitch (Reuters) -Workers at dozens of U.S. Starbucks locations held strikes on Sunday to express their outrage over accusations by the baristas’ union that man[...]
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Carmakers owe compensation for emissions cheating devices, German court rules
(Reuters) – Carmakers must pay compensation for diesel vehicles fitted with illegal emissions controlling devices, Germany’s highest federal court ruled on Monday, in a case that could pot[...]
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