By Christian Martinez (Reuters) -A fifth person has been arrested on suspicion of helping some of the 10 inmates who staged a daring escape from a New Orleans jail that was caught on security video, authorities said on Friday. Authorities apprehended Casey Smith, 30, who allegedly helped two escapees who had broken out of the…
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By Greg Bensinger (Reuters) -Amazon.com investors at its annual meeting again rejected all outside shareholder resolutions, including three meant to address the online retail giant’s impact on climate change. Voters approved the reelection of 12 directors and proposed executive compensation. Shareholders put forth eight proposals, all of which Amazon encouraged investors to vote against. Last…
(Reuters) -Microsoft said on Wednesday its Digital Crimes Unit (DCU) filed a legal action against Lumma Stealer last week, after it found nearly 400,000 Windows computers globally infected by the information-stealing malware in the past two months. Lumma is capable of stealing data from various browsers and applications, such as cryptocurrency wallets, and installing other…
(Reuters) -OpenAI is buying Jony Ive’s startup io Products in a $6.5 billion deal and will bring the chief designer of early iPhones on board as creative head to develop devices tailored for the generative artificial intelligence era. LoveFrom, the design firm founded by Ive after leaving Apple, has been working with OpenAI for two…
By Timothy Gardner WASHINGTON (Reuters) – The Trump administration said on Wednesday it will redirect $365 million in funding for Puerto Rico’s power grid that had been awarded during the previous administration to support rooftop solar power and battery storage. Puerto Rico has long dealt with widespread power outages due to the U.S. territory’s crumbling…
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By Kenrick Cai MOUNTAIN VIEW, California (Reuters) -Alphabet’s Google kicks off its annual developer conference on Tuesday with a flurry of announcements showcasing its huge investment in artificial intelligence, while seeking to fend off concerns over the future of its business. The I/O conference in Mountain View, California has adopted a tone of increased urgency…
By Douglas Gillison (Reuters) -Wall Street’s top regulator remains capable of policing markets despite steep recent cuts to agency staffing, Paul Atkins, the newly installed chairman of the U.S. Securities and Exchange Commission, told Congress on Tuesday. Hundreds of SEC staff since January have taken the Trump administration’s early retirement and buyout offers, with key…
(Reuters) -Generative AI studio Promise, backed by venture capital firm Andreessen Horowitz, said on Tuesday that it had partnered with Alphabet’s Google to use its AI technologies. The startup has also expanded its investor base, with new backing from Google’s AI Futures Fund, Crossbeam Venture Partners, and others, the company said in a blog. Former…
