(Reuters) – The infrastructure investing arm of asset manager Blackstone is in talks to buy New Mexico and Texas-focused utility TXNM Energy, a person familiar
Category: Business
OpenAI negotiates with Microsoft for new funding and future IPO, FT reports
(Reuters) -OpenAI and Microsoft are rewriting the terms of their multibillion-dollar partnership in a high-stakes negotiation designed to allow the ChatGPT maker to launch a
Texas secures $1.38 billion settlement with Google over data privacy
(Reuters) -Google has agreed to pay $1.375 billion in a settlement in principle reached with the state of Texas over allegations the company violated users’
Apple looks to add AI search to Safari in potential blow for Google
(Reuters) – Apple is “actively looking” at adding artificial intelligence-powered search options to its Safari browser, potentially dealing a big blow to Google’s dominance of
Uber’s quarterly revenue miss turns spotlight on slowing ride-hailing growth
By Akash Sriram (Reuters) -Uber’s core ride-hailing business posted its slowest revenue growth since the pandemic in the first quarter due to sluggish U.S. travel
Amazon to spend $4 billion on cloud infrastructure in Chile
By Fabian Cambero SANTIAGO (Reuters) -Amazon’s cloud computing division will invest $4 billion to build its first data centers and other cloud infrastructure in Chile,
Barrick CEO says spending $15 million a month on Mali mine
By Divya Rajagopal TORONTO (Reuters) – Barrick CEO Mark Bristow said the miner is spending $15 million a month to keep its Mali mine running,
Rivian slashes annual deliveries forecast as US tariffs seen hitting demand
(Reuters) -Rivian lowered its deliveries forecast for 2025 on Tuesday as U.S. tariffs on imported vehicles and auto parts threaten to unsettle the economy and
AMD forecasts Q2 revenue above estimates, despite new US chip curbs on China exports
By Arsheeya Bajwa, Max A. Cherney (Reuters) -Advanced Micro Devices forecast second-quarter revenue above Wall Street estimates on Tuesday, in part because of the global
Retail trading platform eToro targets $4 billion valuation in US IPO
(Reuters) -Israel’s eToro Group said on Monday it was targeting a valuation of up to $4 billion in its initial public offering in the United