(Reuters) -Microsoft is training a new, in-house AI language model large enough to compete with those from Alphabet’s Google and OpenAI, the Information reported on
Category: Business
EU approves $14.9 billion purchase of U.S. Steel by Japan’s Nippon
(Reuters) -The European Commission on Monday approved U.S. Steel’s $14.9 billion buyout by Japan’s Nippon Steel, allaying competition worries, even as the deal faces regulatory
Buffett says Berkshire in good hands, lauds Apple despite lowering stake
By Jonathan Stempel and Koh Gui Qing OMAHA, Nebraska (Reuters) -Warren Buffett assured Berkshire Hathaway shareholders on Saturday that the executives expected to succeed him
Atos board reported to be meeting Sunday to review takeover bids
PARIS (Reuters) – The board of French tech firm Atos was due to meet on Sunday evening to consider takeover offers, including one submitted by
Berkshire pares huge Apple stake as cash, operating profit set records
By Jonathan Stempel OMAHA, Neb. (Reuters) – Berkshire Hathaway significantly reduced its enormous stake in Apple in the first quarter, as Warren Buffett’s conglomerate let
Fed’s Williams says 2% inflation target ‘critical’
By Ann Saphir PALO ALTO, California (Reuters) -The U.S. central bank’s 2% target for inflation is key to achieving price stability and essential for ensuring
Google trial wraps up as judge weighs landmark US antitrust claims
By Mike Scarcella WASHINGTON (Reuters) -Google and the U.S. Justice Department wrapped up closing arguments on Friday over claims that the Alphabet unit has unlawfully
Exxon to take 18-24 months to hit full stride with Pioneer purchase
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil will take 18 to 24 months to achieve its full production synergies from its $60 billion purchase of
Tech platforms make pitch for ad deals as TikTok is roiled by politics
By Sheila Dang (Reuters) – Short-form video took center stage at tech and social media companies’ annual presentations to advertisers, as platforms like Snap and
Apple shares jump as record buyback and upbeat forecast lure investors
By Aditya Soni (Reuters) -Apple shares jumped 7% on Friday as the iPhone maker’s record stock buyback plan and promise of sales growth brought back