Tempus AI prices US IPO at over $6 billion valuation
(Reuters) -SoftBank Group-backed Tempus AI set the pricing of its U.S. initial public offering at $37 per share on Thursday, ...
Jun 13, 2024
Onsemi to cut 1,000 jobs globally
(Reuters) -Chipmaker Onsemi said on Thursday it would cut its global workforce by about 1,000 employees, as part of its previ...
Jun 13, 2024
Adobe beats quarterly revenue estimates
(Reuters) -Photoshop maker Adobe beat Wall Street expectations for second-quarter revenue on Thursday as more businesses and ...
Jun 13, 2024
Battery Ventures, Silver Lake explore $3-billion sale of Clubessential, sources say
By Milana Vinn (Reuters) - Investment firms Battery Ventures and Silver Lake are exploring a sale of Clubessential Holdings, ...
Jun 13, 2024
Apple accused in lawsuit of underpaying female workers in California
By Daniel Wiessner (Reuters) -Apple on Thursday was hit with a proposed class action accusing the tech giant of paying more t...
Jun 13, 2024
T-Mobile lands multi-year U.S. Navy contract
(Reuters) - Wireless carrier T-Mobile said on Thursday it has been selected by the U.S. Navy to supply communication technolo...
Jun 13, 2024
Broadcom soars as demand for AI chips power forecast raise
By Arsheeya Bajwa (Reuters) - Broadcom surged more than 13% on Thursday as its upbeat annual forecast highlighted an insatiab...
Jun 13, 2024
Analysis-EU's new AI rules ignite battle over data transparency
By Martin Coulter LONDON (Reuters) - A new set of laws governing the use of artificial intelligence (AI) in the European Unio...
Jun 13, 2024
Amazon adds $230 million in cloud credits to AI startups
By Krystal Hu (Reuters) - Amazon said it is investing $230 million in the form of Amazon Web Service (AWS) credits in artific...
Jun 13, 2024
EU asks porn platforms details on measures to protect minors online
(Reuters) - The European Commision on Thursday said it had asked internet platforms Pornhub, Xvideos and Stripchat what measu...
Jun 13, 2024