AI startup Anthropic finalizing $3.5 billion funding round, WSJ reports
(Reuters) – AI startup Anthropic is looking to raise $3.5 billion in its latest funding round which would value the startup behind the chatbot Claude at $61.5 billion, the Wall…
Exclusive-Google to be hit with EU charges of breaching Big Tech rules, sources say
By Foo Yun Chee BRUSSELS (Reuters) – Alphabet unit Google is set to be charged with breaching EU rules aimed at checking the power of Big Tech after proposed changes…
Apple pulls data protection feature in UK amid government demands
By Aditya Soni and Stephen Nellis (Reuters) – Apple is scrapping its most advanced security encryption feature for cloud data in Britain, the company said on Friday, an unprecedented response…
Mastercard settlement approved by UK court despite funders’ opposition
LONDON (Reuters) – Mastercard’s agreement to settle a landmark lawsuit brought on behalf of British consumers was approved by a London tribunal on Friday, despite opposition from the firm that…
Uber CEO Khosrowshahi supports Trump’s push to eliminate taxes on tips
(Reuters) – Uber’s CEO Dara Khosrowshahi said on Friday that both he and the ride-hailing firm are supportive of U.S. President Donald Trump’s initiative to eliminate taxes on tips received…
Trump administration can continue mass firings of federal workers, US judge rules
By Jack Queen and Daniel Wiessner (Reuters) – The Trump administration can for now continue its mass firings of federal employees, a federal judge ruled on Thursday, rejecting a bid…
Eli Lilly bets big on weight-loss pill with $550 million inventory stockpile
By Sriparna Roy (Reuters) – Eli Lilly is betting big on its experimental oral weight-loss drug even before reporting data from its late-stage trial by recording nearly $550 million in…
Netflix to invest $1 billion in Mexico over next 4 years
By Sarah Morland MEXICO CITY (Reuters) – The chief executive of streaming giant Netflix on Thursday announced a $1 billion investment to produce some 20 films and TV series in…
Brazil’s top court orders Elon Musk’s X platform to pay fine
BRASILIA (Reuters) – Brazilian Supreme Court Justice Alexandre de Moraes ordered the social media platform X owned by billionaire Elon Musk to pay a fine of 8.1 million reais ($1.42…
Exclusive-Barrick Gold signs agreement with Mali to end mining dispute
By Divya Rajagopal, Portia Crowe and Giulia Paravicini (Reuters) -Canadian miner Barrick Gold has signed a new agreement with the Malian government to end an almost two-year-old dispute over its…