(Reuters) -Intel is in advanced talks for a deal with Apollo Global Management in which the equity firm would provide more than $11 billion to build a facility in Ireland, the Wall Street Journal reported on Monday. The move comes as Intel looks to expand its presence across the United States with a planned $100-billion…
PARIS (Reuters) – Technology and software giant Microsoft will invest 4 billion euros ($4.3 billion) in France as part of the annual ‘Choose France’ business summit, its vice chair and president Brad Smith told Le Figaro paper. Smith said much of this investment money would focus on the artificial intelligence (AI) sector and that Microsoft…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Inflation data from the world’s three largest economies – China, the United States and euro zone – sets the tone for world markets this week, and Asia gets the ball rolling on Monday following the April figures out of Beijing at…
MOSCOW (Reuters) – Russian President Vladimir Putin has proposed a surprise new defence minister, nominating civilian Andrei Belousov, a former deputy prime minister who specialises in economics, for the job more than two years into the Ukraine war, the Kremlin said. Below are some facts about Andrei Removich Belousov: * Belousov, 65, graduated from the…
SEOUL (Reuters) – South Korea is readying plans for a support package for chip investments and research worth more than 10 trillion won ($7.30 billion), the finance minister said on Sunday, after setting its sights on winning a “war” in the semiconductor industry. Finance Minister Choi Sang-mok said the government would soon announce details of…
By Gabriella Borter, Joseph Ax and Andrew Hay WASHINGTON (Reuters) -Weeks after attending a pro-Palestinian demonstration, Egyptian-American student Layla Sayed received a text message from a friend drawing her attention to a website dedicated to exposing people it says promote hatred of Jews and Israel. “I think they found you from the protest,” the friend…
By Moayed Kenany, Timour Azhari and Adam Makary BAGHDAD (Reuters) -Chinese companies won bids to explore five Iraqi oil and gas fields on Saturday in a licensing round for hydrocarbon exploration that was primarily aimed at ramping up gas production for domestic use. An Iraqi Kurdish company also took two of the 29 projects up…
(Reuters) -Billionaire investor Kenneth Griffin called on his alma mater Harvard University on Saturday to embrace “Western values”, saying that the turmoil across college campuses was the product of a “cultural revolution” in U.S. education. Griffin, founder of U.S. hedge fund Citadel, told the Financial Times in an interview that the U.S. had “lost sight…
By Utkarsh Shetti (Reuters) -Starlink, the satellite arm of Elon Musk’s SpaceX, warned on Saturday of a “degraded service” as the Earth is battered by the biggest geomagnetic storm due to solar activity in two decades. Starlink owns around 60% of the roughly 7,500 satellites orbiting Earth and is a dominant player in satellite internet….
By Blake Brittain (Reuters) – Microsoft must pay patent owner IPA Technologies $242 million, a federal jury in Delaware said on Friday after determining that Microsoft’s Cortana virtual-assistant software infringed an IPA patent. The jury agreed with IPA after a week-long trial that Microsoft’s voice-recognition technology violates IPA’s patent rights in computer-communications software. IPA is…
