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TikTok says US House bill that could ban app would ‘trample’ free speech
Domestic

TikTok says US House bill that could ban app would ‘trample’ free speech

April 22, 2024April 22, 2024

By Kanishka Singh WASHINGTON (Reuters) -TikTok on Sunday repeated its free-speech concerns about a bill passed by the House of Representatives that would ban the

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X vows to ‘robustly challenge’ Australia order to remove stabbing posts
Business

X vows to ‘robustly challenge’ Australia order to remove stabbing posts

April 22, 2024April 22, 2024

SYDNEY (Reuters) – Social media platform X said on Saturday it would challenge in court an order from an Australian regulator demanding the company remove

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Lululemon to shutter Washington distribution center, lay off 128 employees
Business

Lululemon to shutter Washington distribution center, lay off 128 employees

April 19, 2024April 19, 2024

(Reuters) -Lululemon Athletica will close its distribution center in the state of Washington at the end of the year and lay off more than 100

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Google scraps minimum wage, benefits rules for suppliers and staffing firms
Business

Google scraps minimum wage, benefits rules for suppliers and staffing firms

April 19, 2024April 19, 2024

By Daniel Wiessner (Reuters) – Alphabet Inc’s Google on Friday said it will roll back requirements that U.S. suppliers and staffing firms pay their employees

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Meta releases early versions of its Llama 3 AI model
Business

Meta releases early versions of its Llama 3 AI model

April 18, 2024April 19, 2024

By Katie Paul NEW YORK (Reuters) -Meta Platforms on Thursday released early versions of its latest large language model, Llama 3, and an image generator

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Microsoft-OpenAI deal set to dodge formal EU merger probe, sources say
Business

Microsoft-OpenAI deal set to dodge formal EU merger probe, sources say

April 17, 2024April 17, 2024

By Foo Yun Chee and Yuvraj Malik (Reuters) -EU antitrust regulators have concluded that Microsoft’s $13 billion investment into OpenAI is not an acquisition, sources

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NY Fed sees more time needed to shrink central bank holdings
Economy

NY Fed sees more time needed to shrink central bank holdings

April 17, 2024April 17, 2024

By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve’s effort to contract its balance sheet will likely run into 2025 before the process

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Trump Media shares tank after filing shows more stock may be sold
Business

Trump Media shares tank after filing shows more stock may be sold

April 16, 2024April 16, 2024

By Echo Wang (Reuters) -Shares of Donald Trump’s social media company slumped 18% on Monday, extending losses since the stock’s debut last month, after the

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AMD introduces AI chips for business laptops and desktops
Business

AMD introduces AI chips for business laptops and desktops

April 16, 2024April 16, 2024

(Reuters) -Advanced Micro Devices unveiled a new series of semiconductors for artificial intelligence-enabled business laptops and desktops on Tuesday as the chip designer looks to

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Morgan Stanley profit beats estimates with higher investment banking, wealth revenue
Business

Morgan Stanley profit beats estimates with higher investment banking, wealth revenue

April 16, 2024April 16, 2024

By Tatiana Bautzer and Manya Saini (Reuters) -Morgan Stanley’s first-quarter profit beat estimates on Tuesday, fueled by a resurgence in investment banking and growth in

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