(Reuters) – Robinhood Markets said on Monday it had bought artificial intelligence-powered investment platform Pluto Capital, adding the trading app to a growing list of companies looking to offer AI tools to customers. Top technology companies are racing to build AI into their products and services. Generative AI, which aims to create human-like interactions by…
LONDON (Reuters) – Ether was set for its largest two-day gain in nearly two years on Tuesday amid speculation about the outcome of applications for U.S. spot exchange-traded funds that track the world’s second-biggest cryptocurrency, while bitcoin also approached a record high. Ether, which underpins the ethereum blockchain network, was 8% higher on the day…
By Bernard Orr and Yimou Lee BEIJING/TAIPEI (Reuters) – China staged mock missile strikes and dispatched fighter jets carrying live missiles and bombers on Friday, state television CCTV said, as part of two-day exercises Beijing has said were launched to punish Taiwan’s new president, Lai Ching-te. The bombers set up several attack formations in waters…
By Fanny Potkin SINGAPORE (Reuters) – Intel’s push into software is going well and the company could have cumulative software revenue of $1 billion by the end of 2027, Chief Technology Officer Greg Lavender told Reuters. Intel made north of $100 million in software revenue in 2021, the year Lavender was brought in from cloud…
By Anirban Sen (Reuters) – Walt Disney said on Wednesday it may have to pay up to $5 billion more to buy Comcast’s minority stake in Hulu, if an appraiser were to agree with Comcast’s assessment that the stake should be valued at more than $40 billion. Earlier this year, Disney and Comcast hired investment…
By Siddharth Cavale NEW YORK (Reuters) – “Target is my backup option,” said Chloe Guss, a shopper at the retail chain for nearly 20 years whose reservations about some of its products may spell trouble for the business. The New Yorker, 38, mostly shops at Target through her Instacart app for a few groceries and…
(Reuters) -Republican Donald Trump said on Thursday he would not participate in another presidential debate against his Democratic rival Kamala Harris ahead of the Nov. 5 election, as several polls showed that she beat him. “THERE WILL BE NO THIRD DEBATE!” the former president wrote on social media site Truth Social, after participating in a…
WASHINGTON (Reuters) – China has not responded to U.S. nuclear-weapons risk-reduction proposals and Washington has questions about Beijing’s call for no-first-use talks while China continues to build up its arsenal, the top U.S. arms control official said on Wednesday. Under Secretary of State Bonnie Jenkins told the Senate Foreign Relations Committee the U.S. estimates China…
By Anna Tong (Reuters) -OpenAI plans to announce its artificial intelligence-powered search product on Monday, according to two sources familiar with the matter, raising the stakes in its competition with search king Google. The announcement date, though subject to change, has not been previously reported. Bloomberg and the Information have reported that Microsoft-backed OpenAI is…
(Reuters) – Proxy advisory firm Glass Lewis said on Saturday it has urged Tesla shareholders to reject a $56 billion pay package for Chief Executive Officer Elon Musk, which if passed would be the largest pay package for a CEO in corporate America. The report cited reasons like the “excessive size” of the pay deal,…
