By Noel Randewich and Ankika Biswas (Reuters) -U.S. stocks ended sharply up on Thursday, with the S&P 500 approaching record…
Meta ramps up AI efforts by building chip arsenal, consolidating teams
NEW YORK (Reuters) -Meta CEO Mark Zuckerberg said on Thursday that the company was bringing its AI research team “closer…
Robinhood settles Massachusetts regulators’ trading case for $7.5 million
By Nate Raymond BOSTON (Reuters) – Online brokerage Robinhood on Thursday agreed to pay a $7.5 million fine and overhaul…
Apple to sell some watches without blood oxygen feature after US court ruling
By Blake Brittain and Stephen Nellis WASHINGTON/SAN FRANCISCO (Reuters) -Apple said on Wednesday it would remove a blood oxygen monitoring…
US bank profits fall as competition for deposits erodes lending margins
By Chibuike Oguh NEW YORK (Reuters) -Several large U.S. regional banks reported lower profits on Wednesday, in a further sign…
Google releases AI multisearch feature in US
(Reuters) – Google on Wednesday rolled out an AI-powered feature in the United States that will allow users to search…
Apple overtakes Samsung as top seller of smartphones
(Reuters) -Apple ended Samsung Electronics’ 12-year run as the largest seller of smartphones in the world, after commanding a 20%…
Boeing names independent adviser, shares dive 8%
By Joanna Plucinska, Valerie Insinna and David Shepardson WASHINGTON/LONDON (Reuters) -Boeing on Tuesday named a retired U.S. Navy admiral to…
Big US banks press for redo on contentious capital rule
By Michelle Price and Pete Schroeder WASHINGTON (Reuters) -The U.S. banking industry urged the Federal Reserve Tuesday to completely redo…
OpenAI team to focus on democratic processes for artificial intelligence software
By Anna Tong SAN FRANCISCO (Reuters) – Artificial intelligence lab OpenAI is forming a new team to create democratic processes…