By Zaheer Kachwala (Reuters) -Google will invest $1 billion on building a data centre just outside of London, the U.S. technology giant said on Thursday, in its latest investment in Britain as it meet[...]
Read moreJanuary 20, 2024
Exclusive-Reddit seeks to launch IPO in March – sources
By Echo Wang and Anirban Sen (Reuters) – Social media platform Reddit has drawn up detailed plans to launch its initial public offering (IPO) in March, moving forward with a listing it has been[...]
Read moreAmazon’s iRobot deal faces EU antitrust veto, sources say
By Foo Yun Chee BRUSSELS (Reuters) – Amazon’s $1.4 billion acquisition of robot vacuum maker iRobot will be blocked by EU antitrust regulators, three people familiar with the matter said o[...]
Read moreWaymo seeks to expand driverless service to Los Angeles
(Reuters) -Waymo, Alphabet Inc’s autonomous driving unit, said on Friday it had applied to the California Public Utilities Commission to expand its driverless service in Los Angeles. A license w[...]
Read moreMusk denies report his AI company secures $500 million toward $1 billion funding goal
(Reuters) – Elon Musk has said a report that his artificial intelligence (AI) company, xAI, has secured $500 million in commitments from investors toward a $1 billion goal is inaccurate. “[...]
Read moreFed’s Daly: Policy in a ‘good place,’ risks ‘balanced’
By Ann Saphir (Reuters) -San Francisco Federal Reserve Bank President Mary Daly on Friday said she believes the U.S. economy and monetary policy are in a “good place,” and the risks have g[...]
Read moreGoldman Sachs names Viniar as lead director, succeeding Ogunlesi
By Lananh Nguyen NEW YORK (Reuters) -Goldman Sachs’ board named David Viniar as its next independent lead director, succeeding Adebayo Ogunlesi when he steps down at the bank’s annual meet[...]
Read moreWarren Buffett tells Citigroup CEO Fraser to keep going with overhaul -source
By Isla Binnie and Lananh Nguyen NEW YORK (Reuters) – Over a recent lunch with Warren Buffett, Citigroup CEO Jane Fraser outlined her latest round of reorganization efforts to simplify the bank.[...]
Read moreS&P 500 confirms bull market with record close
(Reuters) – The S&P 500 confirmed on Friday that it has been in a bull market since October 2022, as it notched a record high close for the first time in two years. The session’s gains[...]
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