Stability AI discusses sale amid cash crunch, The Information reports
(Reuters) - British artificial intelligence startup Stability AI held discussions with at least one potential buyer in recent...
5h ago
Grab raises full-year 2024 profit forecast
(Reuters) - Grab Holdings raised its full-year profit forecast on Wednesday, underscoring gains from recent cost reduction me...
5h ago
Hudson Bay, Morgan Stanley took positions in Trump social media firm in Q1
By David Randall NEW YORK (Reuters) - Hudson Bay Capital Management, Geode Capital Management and Morgan Stanley were among t...
6h ago
Disney to dramatically cut spending for traditional TV networks
By Lisa Richwine (Reuters) - Walt Disney will cut its investment in programming for traditional television networks pretty dr...
7h ago
AT&T, AST SpaceMobile tie up to provide space-based broadband network
(Reuters) - Telecom giant AT&T has entered an agreement with AST SpaceMobile to provide a space-based broadband network d...
8h ago
Netflix hits 40 million users for ad-supported plan
(Reuters) - Netflix said on Wednesday its ad-supported tier has reached 40 million global monthly active users, from 5 millio...
9h ago
US charges two brothers with novel $25 million cryptocurrency heist
By Nate Raymond BOSTON (Reuters) - Two brothers who studied at the Massachusetts Institute of Technology were arrested on Wed...
11h ago
Renaissance Technologies bought GameStop, AMC shares, filing says
NEW YORK (Reuters) - Hedge fund Renaissance Technologies added a new long position in GameStop and significantly increased it...
11h ago
Airbus unveils half-plane, half-copter in quest for speed
MARIGNANE, France (Reuters) - Airbus Helicopters showcased an experimental half-plane, half-helicopter on Wednesday in a ques...
13h ago
House Republicans propose to boost tariffs on Chinese-made drones
WASHINGTON (Reuters) - A group of House Republicans on Wednesday proposed legislation that would hike U.S. tariffs on Chinese...
13h ago