(Reuters) -Microsoft has abandoned data center projects set to use 2 gigawatts of electricity in the U.S. and Europe in…
Year: 2025
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…
X to report first annual ad revenue growth since Musk’s takeover, data shows
By Jaspreet Singh (Reuters) – Elon Musk-owned social media platform X is poised for the company’s first year of advertising…
Boeing-Lockheed’s Vulcan cleared to launch US national security satellites
WASHINGTON (Reuters) -The U.S. Space Force said on Wednesday it has cleared Boeing and Lockheed Martin’s Vulcan rocket to launch…
Oil loading slows at Venezuela’s ports amid US tariffs, license termination, data shows
By Marianna Parraga (Reuters) -Loading of Venezuela’s heavy crude at its main oil ports slowed this week after the U.S.…
Trump says he would like to see funding end for NPR, PBS
WASHINGTON (Reuters) -U.S. President Donald Trump said on Tuesday he would love to see federal funding end for news outlets…
Activist Elliott sues Phillips 66 to protect shareholder rights
(Reuters) – Activist investor Elliott Investment Management on Tuesday sued Phillips 66 to protect shareholders rights and force the oil…
GameStop board approves adding bitcoin as a treasury reserve asset; reports profit rise
(Reuters) -GameStop said on Tuesday that its board has unanimously approved the addition of bitcoin as a treasury reserve asset,…
Apple is welcome to expand investment in China, commerce minister tells CEO
BEIJING (Reuters) – China’s commerce minister told Apple CEO Tim Cook on Monday that the company is welcome to expand…
Trump widens trade war as he targets Venezuela’s energy sector, eyes sectoral tariffs soon
By Andrea Shalal, Timothy Gardner and David Lawder WASHINGTON (Reuters) – U.S. President Donald Trump on Monday widened his global…