(1/2) The US Capitol is reflected in a falling puddle amid ongoing negotiations seeking a deal to raise the US debt ceiling and avert a catastrophic default, in Washington, US, on May 24, 2023. REUTERS/Jonathan Ernst SINGAPORE, May 25 (Reuters) – Markets were stuck in U.S. debt ceiling limbo on Thursday as Europe largely shrugged … Read more
May 24 (Reuters) – Nvidia Corp (NVDA.O) on Wednesday forecast second-quarter revenue more than 50% above Wall Street estimates, and said it was increasing supply to meet demand. growing demand for its artificial intelligence chips, which are used for power ChatGPT and many similar services. Shares of Nvidia, the world’s most valuable listed semiconductor company, … Read more
May 24 (Reuters) – Tina Turner, the American-born singer who left a hardscrabble farming community and abusive relationship to become one of the top recording artists of all time, died on Wednesday at the age of 83. She died peacefully after a long illness in her home in Küsnacht near Zurich, Switzerland, her representative said. … Read more
NEW YORK, May 24 (Reuters) – Meta Platforms Inc (META.O) carried out the latest batch of three-part layoffs on Wednesday, according to a person familiar with the matter, as part of a plan announced in March . eliminate 10,000 roles. Meta earlier this year became the first Big Tech company to announce a second round … Read more
(1/5) The 76th Cannes Film Festival – Screening of the film ‘Asteroid City’ in competition – Red Carpet Arrivals – Cannes, France, May 23, 2023. Director Wes Anderson and cast members Matt Dillon, Scarlett Johansson, Jason Schwartzman, Tom Hanks, Jeffrey Wright and Damien Bonnard pose. REUTERS/Sarah… Learn more CANNES, May 23 (Reuters) – A busload … Read more
WASHINGTON, May 23 (Reuters) – The U.S. Commerce Department is expected to impose trade restrictions on Chinese memory chip maker Changxin Memory Technologies (CXMT) after Beijing earlier this week banned the sale of certain chips by U.S. firm Micron Technology Inc (MU.O), the chairman of the U.S. House of Representatives China Committee said on Tuesday. … Read more
May 23 (Reuters) – Shutterstock Inc (SSTK.N) said on Tuesday it would buy motion-picture platform Giphy Inc from Meta Platforms Inc (META.O) for $53 million in cash, months after that the Facebook owner has agreed to divest the company over competition concerns. Last year, the UK competition regulator ordered Meta to sell Giphy over concerns … Read more
Child sex abuse convictions ended 50-year career The artist was imprisoned and stripped of his honors Harris was a household name in Britain and Australia LONDON, May 23 (Reuters) – Rolf Harris, a mainstay of family entertainment in Britain and Australia for more than 50 years before his career fell out of favor with his … Read more
(1/2) Small figurines are seen in front of the Zoom logo displayed in this illustration taken March 19, 2020. REUTERS/Dado Ruvic/Illustration May 22 (Reuters) – Zoom Video Communications Inc (ZM.O) raised its full-year revenue and profit forecast on Monday, even as growth slows after a pandemic boom and business spending slows in a difficult economy. … Read more
Watchdogs race to keep up with massive AI rollout While waiting for new laws, regulators adapt existing ones Generative tools face privacy, copyright and other challenges LONDON/STOCKHOLM, May 22 (Reuters) – As the race to develop more powerful artificial intelligence services such as ChatGPT heats up, some regulators are relying on old laws to control … Read more
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