By Padraic Halpin DUBLIN (Reuters) -Flutter sees revenue at its rapidly growing and market leading U.S. Fanduel business jumping by 4.5 to 5-times to around $15 billion over the long term, the world[...]
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Technology
Tesla reports two new fatal crashes involving driver assistance systems
By David Shepardson WASHINGTON (Reuters) – Tesla Inc told U.S. auto safety regulators it has reports of two new crash fatalities in Model 3 cars tied to advanced driver assistance systems in the[...]
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Lockheed gets Microsoft classified cloud to speed work with Pentagon
By Mike Stone WASHINGTON (Reuters) – Microsoft will provide Lockheed Martin with its first classified cloud as part of a three-year deal, executives said on Wednesday, making it easier for the U[...]
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AMD chip to power auto supplier Aisin’s new automated car parking system
By Jane Lanhee Lee and Paul Lienert OAKLAND Calif/DETROIT (Reuters) – U.S. chip design firm Advanced Micro Devices Inc on Wednesday said Japan’s major automotive supply company Aisin Corp has c[...]
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Nvidia says it is working with Microsoft to build ‘massive’ cloud AI computer
By Jane Lanhee Lee OAKLAND, Calif, (Reuters) – U.S. chip designer and computing firm Nvidia Corp on Wednesday said it is teaming up with Microsoft Corp to build a “massive” computer to handle in[...]
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U.S. Treasury’s Yellen says crypto markets need better oversight
WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Wednesday that crypto markets need more robust oversight, days after cryptocurrency exchange FTX collapsed. “The recent failure[...]
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Micron to supply fewer memory chips in 2023, plans fresh capex cuts
(Reuters) -Micron Technology Inc said on Wednesday it would reduce memory chip supply and make more cuts to its capital spending plan, as the semiconductor firm struggles to clear excess inventory due[...]
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U.S. House committee to hold hearing on collapse of FTX
By David Shepardson WASHINGTON (Reuters) -The U.S. House Financial Services Committee said Wednesday it plans to hold a hearing in December to investigate the collapse of cryptocurrency exchange FTX.[...]
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U.S. watchdog gained “good access” to audits of Chinese firms -sources
By Xie Yu, Chris Prentice and Julie Zhu HONG KONG/WASHINGTON (Reuters) – U.S. regulators gained “good access” in their review of auditing work done on New York-listed Chinese firms d[...]
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