By Blake Brittain (Reuters) – OpenAI and its financial backer Microsoft were sued on Friday in Manhattan federal court by a pair of nonfiction authors who say the companies misused their work to[...]
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January 8, 2024
Regeneron preliminary Q4 US sales of Eylea below expectations
(Reuters) – Regeneron Pharmaceuticals on Monday reported eye drug Eylea’s fourth-quarter preliminary U.S. sales below Wall Street expectations, as the company’s blockbuster product f[...]
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Boeing issues inspection instructions for 737 MAX 9 to airlines
By Valerie Insinna WASHINGTON (Reuters) -Boeing early on Monday shared instructions with airlines for inspecting the 737 MAX 9 fleet, the company confirmed, after 171 MAX planes were grounded by U.S.[...]
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Nvidia expands its reach in China’s EV sector
By Joseph White DETROIT (Reuters) – Nvidia said four Chinese electric vehicle brands will use its technology as the brains for automated driving systems, underscoring the U.S. chip maker’s[...]
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Nvidia to launch China-focused AI chip in Q2 2024 -sources
By Yelin Mo and Fanny Potkin BEIJING/SINGAPORE (Reuters) – U.S. chipmaker Nvidia plans to begin mass production in the second quarter of 2024 of an artificial intelligence (AI) chip it designed[...]
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Twilio taps insider Shipchandler as CEO, expects revenue to exceed forecast
(Reuters) – Twilio said on Monday it has appointed insider Khozema Shipchandler as the new CEO and expects its fourth-quarter revenue to be above the top-end of its earlier forecast range, sendi[...]
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Yellen to visit Boston to tout clean energy tax credit benefits
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will travel to Boston on Wednesday in another trip to promote the benefits of the Biden Administration’s clean e[...]
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Global EV market growth to slow this year on lower subsidies – report
(Reuters) – Growth in the global electric-vehicle market is set to slow to 27.1% this year as a reduction in state subsidies makes the cars less appealing to buyers, according to research firm C[...]
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US consumers see smaller inflation gains ahead, New York Fed says
By Michael S. Derby (Reuters) – U.S. consumers’ projection of inflation over the short run fell to the lowest level in nearly three years in December, the New York Federal Reserve said in[...]
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