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…
By Joey Roulette and Steve Gorman CAPE CANAVERAL, Florida (Reuters) – Boeing’s new Starliner astronaut capsule is poised for launch on Saturday in a much-delayed first crewed test flight, a milestone in the beleaguered aerospace giant’s aim to compete with Elon Musk’s SpaceX in the astronaut launch business. The CST-100 Starliner with two astronauts aboard…
(Reuters) – Investment platform Linqto has agreed to go public through a merger with special purpose acquisition company (SPAC) Blockchain Coinvestors Acquisition in a deal valued at $700 million, the companies said on Tuesday. San Jose, California-based Linqto, which has more than 750,000 users in 110 countries, allows users to make investments in unicorns –…
(Reuters) – Global equity funds had their biggest weekly inflows in more than three months in the seven days to June 26, driven by expectations of moderating U.S. inflation levels that could lead the Federal Reserve to announce interest rate cuts. Investors purchased global equity funds worth a net $21.65 billion during the week, the…
(Reuters) – Apple will deliver some of its upcoming artificial intelligence features this year through data centers powered by its own in-house chips, Bloomberg News reported on Thursday, as the iPhone maker looks to integrate generative AI in its products. The company is putting its chips in cloud-computing servers capable of processing advanced AI tasks…
(Reuters) – The Biden administration is urging big technology companies to ramp up efforts to curb antisemitic content on their platforms, Bloomberg News reported on Tuesday. Representatives from companies including Alphabet, Meta, Microsoft, TikTok and X met on Thursday with U.S. special envoy Deborah Lipstadt to monitor and combat antisemitism. Lipstadt requested that each company…
(Reuters) -Chipotle Mexican Grill surpassed market estimates for quarterly sales on Wednesday as demand for its rice bowls and burritos held up even as prices increased, lifting its shares about 15% in extended trading. The California-based chain has been able to buck a larger slowdown in customer traffic within the U.S. restaurant industry, partly because…
By Kanishka Singh WASHINGTON (Reuters) -U.S. Vice President Kamala Harris’s election campaign said on Sunday it has raised $200 million and signed up 170,000 new volunteers in the week since she became the Democratic Party’s presidential candidate. President Joe Biden ended his reelection bid on Sunday last week and endorsed Harris for the Nov. 5…
By Sruthi Shankar and Medha Singh (Reuters) – GameStop and AMC Entertainment have again captured retail investors’ attention, reminiscent of “the meme stock frenzy” that gripped Wall Street three years ago, following social media posts from the leading figure behind that rally “Roaring Kitty”. Here is what you need to know about the recent surge…
(Reuters) – The sports-streaming service set to be launched by Walt Disney Co, Warner Bros Discovery and Fox Corp will be called Venu Sports and is on track for launch this fall, Pete Distad, the venture’s CEO, said on Thursday. Announced in February, the service will try to woo younger viewers who are not tuned…
