(Reuters) -OpenAI and Microsoft are rewriting the terms of their multibillion-dollar partnership in a high-stakes negotiation designed to allow the…
Category: Business
Exclusive-China buys Canadian, Australian wheat as heat hits crop, traders say
By Michael Hogan, Peter Hobson and Gus Trompiz HAMBURG/CANBERRA/PARIS (Reuters) -Chinese buyers bought between 400,000 and 500,000 metric tons of…
Texas secures $1.38 billion settlement with Google over data privacy
(Reuters) -Google has agreed to pay $1.375 billion in a settlement in principle reached with the state of Texas over…
Shell faces delays on two wells at offshore Perdido development in US Gulf
By Arathy Somasekhar HOUSTON (Reuters) -Shell, the top U.S. offshore producer, said this week that two of its wells to…
Netflix to revamp TV app interface, launch AI-powered search for iOS users
(Reuters) -Netflix said on Wednesday it plans to revamp its TV app interface and introduce generative AI to the iOS…
Amazon to spend $4 billion on cloud infrastructure in Chile
By Fabian Cambero SANTIAGO (Reuters) -Amazon’s cloud computing division will invest $4 billion to build its first data centers and…
AMD forecasts Q2 revenue above estimates, despite new US chip curbs on China exports
By Arsheeya Bajwa, Max A. Cherney (Reuters) -Advanced Micro Devices forecast second-quarter revenue above Wall Street estimates on Tuesday, in…
Rivian slashes annual deliveries forecast as US tariffs seen hitting demand
(Reuters) -Rivian lowered its deliveries forecast for 2025 on Tuesday as U.S. tariffs on imported vehicles and auto parts threaten…
Lucid sticks to annual production forecast even as tariff woes hit automakers
(Reuters) -Lucid stuck to its 2025 production forecast on Tuesday despite the threat of tariffs forcing many automakers to pull…
Berkshire’s Brooks Running committed to southeast Asia as tariffs take hold
By Jonathan Stempel OMAHA, Nebraska (Reuters) -Brooks Running, which is owned by Warren Buffett’s Berkshire Hathaway, is committed to keeping…