MEXICO CITY (Reuters) -Tech giant Microsoft will invest $1.3 billion over the next three years to build up its infrastructure in Mexico for cloud computing
Category: Business
Hedge funds snap up US tech stocks amid falling rates, says Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Hedge funds bought U.S. tech and media stocks at the fastest pace in four months last week, said a
Qualcomm’s potential Intel buyout could raise antitrust, foundry concerns
By Aditya Soni and Yuvraj Malik (Reuters) – A potential deal to buy Intel could accelerate Qualcomm’s diversification but will burden the smartphone chipmaker with
Novo Nordisk shares drop nearly 5% on disappointing obesity pill data
By Maggie Fick and Jacob Gronholt-Pedersen LONDON/COPENHAGEN (Reuters) -Novo Nordisk’s shares fell nearly 5% on Friday after results from a Phase 2a trial of the
Three Mile Island nuclear plant could restart on Microsoft AI power deal
(Reuters) -Constellation Energy and Microsoft have signed a data center deal to help resurrect a unit of the Three Mile Island nuclear plant in Pennsylvania
Disney to stop using Salesforce-owned Slack after hack exposed company data, WSJ reports
(Reuters) -Walt Disney plans to transition away from its use of Slack as a companywide workplace collaboration system, after a hacking entity leaked online more
Coca-Cola plans to invest $1 billion in Nigeria operations, presidency says
ABUJA (Reuters) – Coca-Cola plans to invest $1 billion in its Nigeria operations over the next five years, the country’s presidency said after a meeting
Google urges tribunal to throw out $9.3 billion UK lawsuit over search ‘dominance’
LONDON (Reuters) – Google parent Alphabet on Wednesday asked a London tribunal to throw out a mass lawsuit that accuses the tech giant of abusing
Walmart’s Sam’s Club to raise hourly pay for 100,000 workers from November
(Reuters) – Walmart-owned Sam’s Club said on Tuesday it would raise average hourly wages for nearly 100,000 of its workers, as part of a new
Intel’s Amazon chip deal lifts investor confidence in money-losing foundry unit
(Reuters) – Intel shares jumped 7% before the bell on Tuesday, as a chip-making deal with Amazon’s cloud business provided a major stamp of approval