(Reuters) – Social media platform X on Friday recovered after a short outage that impacted thousands of users in the…
Month: March 2025
Automakers warn new Trump tariffs will boost costs, cut vehicle sales
WASHINGTON (Reuters) – A group representing General Motors Toyota, Volkswagen and other major automakers warned new 25% tariffs President Donald…
Exclusive-Blackstone evaluates taking a stake in US TikTok spinoff
By Dawn Chmielewski, Katie Paul and Kane Wu (Reuters) – Private equity firm Blackstone is evaluating taking a small minority…
Trump pardoned BitMEX co-founders, White House official says
(Reuters) – U.S. President Donald Trump has pardoned the three co-founders of cryptocurrency exchange BitMEX, a White House official said…
Trump EPA invites companies to seek exemptions from air rules by email
WASHINGTON (Reuters) – The Trump administration invited companies to email the Environmental Protection Agency to seek presidential exemptions from nine…
Nvidia-backed CoreWeave plans to downsize US IPO, source says
By Echo Wang (Reuters) -CoreWeave plans to reduce the size of its U.S. initial public offering and price its shares…
TikTok Shop steps up Europe expansion with US future unclear
LONDON (Reuters) – E-commerce platform TikTok Shop said it will launch to users in France, Germany, and Italy on Monday,…
Reddit down for thousands of US users, X outage eases, Downdetector shows
(Reuters) -Reddit was down for thousands of users in the U.S. on Thursday, as X’s services appeared to stabilize, according…
Microsoft pulls back from more data center leases in US and Europe, analysts say
(Reuters) -Microsoft has abandoned data center projects set to use 2 gigawatts of electricity in the U.S. and Europe in…
OpenAI does not expect to be cash-flow positive until 2029, Bloomberg News reports
(Reuters) – OpenAI is not expecting its cash flow to turn positive until 2029, Bloomberg News reported on Wednesday, citing…