Arm secures Meta as first customer for ambitious new chip project, FT reports
(Reuters) -Arm Holdings plans to launch its own chip this year after securing Meta Platforms as one of its first…
February 2025
US Education Department rescinds Biden guidance on student athlete compensation
(Reuters) – The U.S. Department of Education said on Wednesday it rescinded guidance issued by the administration of President Joe…
Trump, allies ramp up attacks on judges as Musk calls for impeachments
By Nate Raymond (Reuters) – Donald Trump and his supporters on Wednesday continued to ramp up their criticism of judges…
Chevron to lay off up to 20% of global workforce
By Ernest Scheyder and Sheila Dang HOUSTON (Reuters) -Chevron will lay off 15% to 20% of its global workforce by…
Miner Vale to announce $12 billion investment to expand Carajas site, Brazil government says
SAO PAULO (Reuters) – Brazilian miner Vale will announce on Friday a 70 billion real ($12.2 billion) investment to expand…
AI chip startup Positron raises $23.5 million seed round to take on Nvidia
By Anna Tong Positron, a startup chip maker that aims to compete with Nvidia, said Tuesday it raised $23.5 million…
Powell says he does not believe Musk or his team have tried to access Fed systems
(Reuters) – Federal Reserve Chair Jerome Powell on Tuesday said he did not believe that Elon Musk or members of…
Starbucks sued by Missouri over DEI, alleged racial bias
NEW YORK (Reuters) – Starbucks was sued on Tuesday by the U.S. state of Missouri, which accused the coffee chain…
DeepSeek may face further regulatory actions, EU privacy watchdog says
By Foo Yun Chee BRUSSELS (Reuters) – DeepSeek may face more actions from national regulators in the future, Europe’s privacy…
Trump to announce 25% steel and aluminium tariffs in latest trade salvo
By Jeff Mason ABOARD AIR FORCE ONE/SEOUL/FRANKFURT (Reuters) – President Donald Trump is expected to introduce new 25% tariffs on…