By Mike Stone WASHINGTON (Reuters) – The CEO of one of the world’s biggest defense contractors, L3Harris Technologies, told President-elect…
US defense contractor tells Musk panel that Pentagon bureaucracy is the problem
By Mike Stone WASHINGTON (Reuters) – The CEO of one of the world’s biggest defense contractors, L3Harris Technologies, told President-elect…
Meta to lay off 5% of ‘lowest performers’, plans to hire for impacted roles
(Reuters) – Meta Platforms will trim about 5% of its “lowest performers” and plans to hire for the impacted roles…
Apple’s new fees for app developers under fresh EU scrutiny, Bloomberg reports
(Reuters) – Apple’s new fees for app developers have come under fresh scrutiny from the European Union’s antitrust regulators on…
Factbox-LA blaze damage likely to be largest wildfire insured loss in US history
(Reuters) – The Los Angeles wildfires, which have reduced entire neighborhoods to smoldering ruins and left an apocalyptic landscape, could…
Eli Lilly to buy Scorpion Therapeutics’ cancer therapy for up to $2.5 billion
(Reuters) -Eli Lilly said on Monday it plans to buy Scorpion Therapeutics’ experimental cancer therapy for up to $2.5 billion…
Cleveland-Cliffs partners with Nucor to potentially bid for US Steel, CNBC reports
(Reuters) -Cleveland-Cliffs is partnering with peer Nucor to prepare a potential bid for U.S. Steel, CNBC reported on Monday, citing…
Nvidia’s biggest customers delaying orders of latest AI racks, The Information reports
(Reuters) -Nvidia’s top customers are delaying orders of the AI chip leader’s latest ‘Blackwell’ racks due to overheating issues, the…
OpenAI urges US to prioritize AI funding, regulation to stay ahead of China
(Reuters) -OpenAI on Monday laid out its vision for artificial intelligence development in the U.S., saying the country needs outside…
Apple, Samsung smartphone shipments fall in fourth quarter as China competition bites, IDC says
(Reuters) – Smartphone shipments for Apple and Samsung declined in the fourth quarter globally, as they grapple with intense competition…