Elon Musk's xAI nears $10 billion deal to rent Oracle's AI servers, The Information reports
(Reuters) -Elon Musk's artificial intelligence startup xAI has been talking to Oracle executives about spending $10 billion t...
15h ago
Amazon's cloud unit CEO Adam Selipsky to step down, Matt Garman to take his place
(Reuters) -The chief executive of Amazon.com's cloud unit Amazon Web Services, Adam Selipsky, is stepping down, the company s...
18h ago
Glass Lewis backs two dissident candidates in board fight with Crown Castle
By Svea Herbst-Bayliss NEW YORK (Reuters) - Proxy advisory firm Glass Lewis on Tuesday recommended Crown Castle investors ele...
18h ago
Shopee-owner Sea tops quarterly revenue estimates on e-commerce strength
(Reuters) - Southeast Asian technology firm Sea Ltd beat estimates for first-quarter revenue on Tuesday, driven by strong per...
19h ago
TSMC says it could design its A16 chip-making technology without ASML's new machine
AMSTERDAM (Reuters) -Taiwanese chipmaker TSMC does not necessarily need to use ASML's next generation "High NA EUV"...
20h ago
China's Alibaba beats quarterly revenue estimates, profit drops
(Reuters) -China's Alibaba Group Holding beat analysts' estimates for fourth-quarter revenue on Tuesday, as a focus on low-co...
21h ago
GameStop and AMC surge evokes 2021 meme stocks saga
(Reuters) - Shares of GameStop and AMC jumped nearly 40% each in premarket trading on Tuesday, and are on track to extend gai...
22h ago
US opens probe into Alphabet's Waymo over performance of self-driving vehicles
WASHINGTON (Reuters) - U.S. auto safety regulators said Tuesday they have opened an investigation into the performance of Alp...
22h ago
China's Tencent posts strong revenue growth as ad sales, business services shine
By Josh Ye HONG KONG (Reuters) -China's Tencent Holdings posted a 6% rise in first-quarter revenue on Tuesday, beating analys...
23h ago
TSMC says work on European plant on track to start in fourth quarter
AMSTERDAM (Reuters) - Taiwanese chipmaker TSMC is planning to start construction of its European facility in the fourth quart...
23h ago