HOUSTON (Reuters) -A U.S. judge on Monday authorized a court officer overseeing an auction of shares in the parent of…
Category: Business
Tower Semiconductor forecasts quarterly revenue above estimates on steady chip demand
(Reuters) -Israeli contract chipmaker Tower Semiconductor forecast third-quarter revenue above Wall Street expectations on Monday, driven by steady demand for…
Google agrees to curb power use for AI data centers to ease strain on US grid when demand surges
By Laila Kearney NEW YORK, August 4 (Reuters) -Google has signed agreements with two U.S. electric utilities to reduce its…
Broadcom launches Jericho chip to advance AI data center networks
By Max A. Cherney SAN FRANCISCO (Reuters) -Broadcom’s silicon division launched its next-generation Jericho networking chip on Monday, which is…
Analysis-Diageo’s new CEO needs actions, not just words
By Emma Rumney LONDON (Reuters) -Diageo’s new interim CEO Nik Jhangiani has charmed investors with his cool confidence and clear…
OpenAI unveils ChatGPT agent to handle tasks as AI apps evolve
(Reuters) -OpenAI launched an artificial intelligence agent for its popular chatbot ChatGPT on Thursday that can complete complex tasks as…
‘Squid Game’ boosts Netflix quarter, company raises revenue guidance
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -The final season of global phenomenon “Squid Game” helped Netflix beat…
Broadcom launches new Tomahawk Ultra networking chip in AI battle against Nvidia
By Max A. Cherney SAN FRANCISCO (Reuters) -Broadcom’s chip unit unveiled on Tuesday a new networking processor that aims to…
Blackstone and US utility PPL to build gas power plants in JV partnership
By Laila Kearney and Sumit Saha (Reuters) -Pennsylvania electric and gas utility PPL and Blackstone Infrastructure have formed a joint…
Google says discord over search results is unresolved; risks EU antitrust fine
By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google said it failed this week to resolve disagreements with hotels, airlines and…