ServiceTitan seeks up to $5.95 billion valuation in its US IPO
(Reuters) -Software startup ServiceTitan is seeking a valuation of up to $5.95 billion in its U.S. initial public offering by raising the price at which it plans to sell shares,…
Google invests in Intersect Power in over $800 million funding round amid AI race
(Reuters) – Alphabet’s Google, along with TPG Rise Climate and other investors, is backing clean energy developer Intersect Power as part more than $800 million funding round, the company said…
Super Micro CEO confident stock will not be delisted
NEW YORK (Reuters) -Super Micro Computer Chief Executive Charles Liang on Tuesday said he is confident the technology company’s stock will not be delisted from the Nasdaq. On the sidelines…
Walgreens in talks to sell itself to PE firm Sycamore, WSJ reports
(Reuters) – Walgreens Boots Alliance is in talks to sell itself to private equity firm Sycamore Partners, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.…
Google parent Alphabet jumps on quantum chip breakthrough
(Reuters) – Shares of Google parent Alphabet rose about 5% on Tuesday after it unveiled a new generation chip that the company said helped overcome a key challenge in quantum…
Google says it has cracked a quantum computing challenge with new chip
By Stephen Nellis SANTA BARBARA, California (Reuters) – Google on Monday said that it has overcome a key challenge in quantum computing with a new generation of chip, solving a…
Stellantis’ former head of Ram returns to run the brand
By Nora Eckert DETROIT (Reuters) – Stellantis’ former head of Ram is returning to the company just months after announcing his retirement, as the automaker seeks to strengthen its leadership…
Reddit tests AI-powered feature to answer user queries
(Reuters) – Reddit is testing an AI-powered feature called Reddit Answers, which scours posts on the social media platform to answer users’ queries, it said on Monday. The feature would…
Exclusive-WhatsApp use by Credit Suisse staff scrutinised by UK regulator, documents show
By Stefania Spezzati LONDON (Reuters) – The UK’s Financial Conduct Authority is scrutinising allegations that some former Credit Suisse employees shared confidential information over the WhatsApp messaging platform, documents seen…
Musk spent over a quarter of a billion dollars to help elect Trump
By Tim Reid and Jason Lange WASHINGTON (Reuters) – Elon Musk spent over a quarter of a billion dollars to help Donald Trump win November’s presidential election, according to new…