-Facebook owner Meta Platforms struck a deal to buy up to 150 MW of geothermal power from Sage Geosystems to supply its U.S. data centers,
Category: Business
Eli Lilly Alzheimer’s drug to be blocked for use by NHS, The Telegraph reports
(Reuters) -Eli Lilly’s treatment for early Alzheimer’s is expected to be blocked for use by Britain’s National Health Service (NHS), the Telegraph reported on Friday.
Microsoft to host cybersecurity summit after CrowdStrike-induced IT outage
(Reuters) -Microsoft said on Friday it would hold a summit in September on improving cybersecurity systems, after a faulty update from CrowdStrike caused a global
Third Point sees room for Apple stock price to climb, letter says
By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire hedge fund manager Daniel Loeb sees room for Apple’s stock price to climb, especially if the technology company
Apple to update EU browser options, make more apps deletable
By Supantha Mukherjee STOCKHOLM (Reuters) -Apple will change how users choose browser options in the European Union, add a dedicated section for changing default apps,
Ford slows EV plans, delaying pickup and axing three-row SUV, to cut costs
By Nora Eckert DETROIT (Reuters) -Ford Motor on Wednesday said it was killing a planned three-row electric SUV and pushing back a new electric version
Medtronic lifts profit forecast on medical devices demand, new launches
(Reuters) -Medtronic slightly lifted the lower end of its annual profit forecast on Tuesday, banking on sustained demand for its medical devices and growth from
Disney names veteran producer Almin Karamehmedovic president of ABC News
(Reuters) – Walt Disney has named veteran producer Almin Karamehmedovic as president of ABC News, the television network said on Monday. Karamehmedovic joined ABC News
Icahn, firm settle US SEC charges over alleged disclosure failures
(Reuters) -Billionaire investor Carl Icahn and his firm Icahn Enterprises LP (IEP) have settled charges for failing to disclose pledges of the company’s securities as
EV maker Rivian halts production of Amazon delivery vans amid parts shortage
(Reuters) – Rivian has temporarily suspended production of its commercial delivery vans used by retail giant Amazon.com due to a shortage of parts, a spokesperson