By Dawn Chmielewski and Lisa Richwine (Reuters) – Netflix is expanding its presence in the toy business, striking its first master licensing deal with the
Month: January 2025
DeepSeek’s global success received by Chinese with pride and glee
By Eduardo Baptista and Alessandro Diviggiano BEIJING (Reuters) – Chinese bloggers, state media and local citizens have welcomed DeepSeek’s global success with pride and glee,
Bridgewater sees short-term correction for tech stocks but bullish on DeepSeek impact
By Carolina Mandl MIAMI (Reuters) – Hedge fund manager Bridgewater Associates said Chinese startup DeepSeek’s launch of its latest artificial intelligence (AI) models could lead
Microsoft’s cloud growth in focus as doubts grow over AI spending
By Aditya Soni (Reuters) – Microsoft has spent months touting a rebound in its Azure cloud business and its quarterly revenue forecast on Wednesday will
X seals payments deal with Visa in push toward Musk’s ‘everything app’ goal, source says
By Manya Saini (Reuters) – Payments giant Visa and Elon Musk’s X are partnering to offer direct payment solutions to customers of the social media
US consumer confidence deteriorates further in January
WASHINGTON (Reuters) – U.S. consumer confidence weakened for a second straight month in January amid renewed concerns about the labor market and inflation. The Conference
Weight-loss drug developer Metsera targets up to $1.78 billion valuation in US IPO
By Prakhar Srivastava and Pritam Biswas (Reuters) -Metsera, which is developing weight-loss drugs, said on Monday it is seeking a valuation of up to $1.78
Big Tech faces heat as China’s DeepSeek sows doubts on billion-dollar spending
By Aditya Soni and Zaheer Kachwala (Reuters) – Chinese startup DeepSeek’s cheaper AI is sharpening investor scrutiny of the billions U.S. tech giants are pouring
Bitcoin drops to 11-day low amid tech selloff
LONDON (Reuters) – Bitcoin fell below $100,000 on Monday, hitting its lowest in 11 days, in a move analysts attributed to a wave of caution
US reports first outbreak of H5N9 bird flu in poultry
PARIS (Reuters) -The United States has reported its first outbreak of H5N9 bird flu in poultry on a duck farm in California, the World Organisation