By Michael Martina, Yimou Lee and Ben Blanchard WASHINGTON/TAIPEI (Reuters) – Taiwan is exploring buying arms worth billions of dollars from the United States, sources briefed on the matter said, hoping to win support from the new Trump administration as China continues to apply military pressure on the island. Three sources familiar with the situation,…
(Reuters) -Dell Technologies is nearing a deal worth more than $5 billion to provide Elon Musk’s xAI with servers optimized for artificial intelligence work, Bloomberg News reported on Friday, citing people familiar with the matter. Shares of the company gained 4% after the report, which said Dell would sell servers containing Nvidia’s GB200 semiconductors to…
By Carolina Mandl NEW YORK (Reuters) – Hedge fund giant Bridgewater Associates added shares of Tesla to its portfolio in the fourth quarter, while it trimmed exposure to the rest of the “Magnificent Seven” group of U.S. tech and growth stocks, a regulatory filing showed. The firm founded by investor Ray Dalio ended December with…
(Reuters) – U.S. President Donald Trump on Friday said he wouldn’t mind if Japan’s Nippon Steel took a minority stake in U.S. Steel. Speaking to reporters at the White House, Trump said the company – whose $14.9 billion bid for U.S. Steel was rejected by the President Joe Biden’s administration – is now considering an…
By Matt Tracy and Saeed Azhar WASHINGTON/NEW YORK (Reuters) – Blackstone plans to take out a loan of about $800 million to finance the purchase of a stake in a 50-story office building in New York City, according to two sources familiar with the matter. The deal is likely to be closed, and any new…
By Blake Brittain WASHINGTON (Reuters) -A federal judge on Thursday extended a pause on the Trump administration’s plan to put thousands of U.S. Agency for International Development workers on leave until next Friday while he considers a lawsuit by government employee unions. U.S. District Judge Carl Nichols in Washington said at a hearing that he…
(Reuters) -Indian Prime Minister Narendra Modi met Tesla CEO Elon Musk on Thursday in Washington where they discussed issues including space, mobility, technology and innovation, Modi said in a post on X. “Their discussion also touched on opportunities to deepen cooperation in emerging technologies, entrepreneurship and good governance, India’s foreign ministry separately said in a…
(Reuters) -Arm Holdings plans to launch its own chip this year after securing Meta Platforms as one of its first customers, in a major shift to the chip tech provider’s model of licensing its blueprints to other companies, the Financial Times reported on Thursday, sending its U.S.-listed shares up about 5%. This move would put…
(Reuters) – The U.S. Department of Education said on Wednesday it rescinded guidance issued by the administration of President Joe Biden that payments to college athletes through name, image and likeness deals should be shared equally between male and female competitors. According to the department’s Office for Civil Rights, the NIL guidance announced last month…
By Nate Raymond (Reuters) – Donald Trump and his supporters on Wednesday continued to ramp up their criticism of judges who they say have stymied the Republican U.S. president’s second-term agenda, with billionaire ally Elon Musk calling for “an immediate wave of judicial impeachments.” Those statements came a day after federal courts forced U.S. agencies…
