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Italy's CDP urges Euronext to pick new CEO for Milan bourse, sources say
Reuters· 2026-02-10 17:09
Italian state lender Cassa Depositi e Prestiti (CDP) is pushing for pan-European exchange operator Euronext to replace Fabrizio Testa as chief executive of the Milan bourse, three sources familiar with the matter told Reuters on Tuesday. ...
Nvidia must live with guardrails around its AI chip sales to China, Lutnick says
Reuters· 2026-02-10 17:08
AI chip company Nvidia "must live with" the licensing terms on sales of its second most advanced AI chip to China, Commerce Department Secretary Howard Lutnick said at a hearing on Tuesday. ...
Tesla names Europe executive to head global sales, Bloomberg News reports
Reuters· 2026-02-10 17:07
Tesla has named the European operations head to oversee the company's sales globally, Bloomberg News reported on Tuesday, citing people familiar with the matter. ...
Tesla files complaint against union member for secretly recording works council meeting, memo shows
Reuters· 2026-02-10 16:33
Tesla has filed a criminal complaint against a member of the German IG Metall trade union for secretly recording a works council meeting that took place at its German plant on Tuesday, according a mem... ...
Paramount adds sweeteners to Warner Bros bid
Reuters· 2026-02-10 16:14
Paramount Skydance has enhanced its Warner Bros Discovery bid by offering extra cash for each quarter the deal fails to close beyond this year and agreeing to cover the breakup fee the HBO owner would... ...
South Korea AI startup Wrtn aims to enter US market, targets IPO as early as 2028
Reuters· 2026-02-10 16:06
Core Insights - South Korean startup Wrtn anticipates generating over $100 million in annualized revenue in 2023 following the launch of its AI entertainment service in South Korea and Japan [1] - The company plans to expand its operations to the U.S. by June 2024 and is considering an IPO as early as 2028 [1] Company Overview - Wrtn is focused on the AI entertainment sector, indicating a strategic positioning within a growing industry [1] - The founder's statements suggest confidence in the scalability and market potential of the company's offerings [1]
Microsoft exploring using advanced power lines to make data centers more energy-efficient
Reuters· 2026-02-10 16:06
Core Insights - Microsoft is exploring the use of superconducting power lines in its data centers to enhance energy efficiency and support its extensive U.S. server warehouse expansion [1] Group 1: Company Initiatives - The implementation of superconducting power lines could significantly accelerate Microsoft's data center build-out by improving energy efficiency [1]
Boeing opens year with busy January for deliveries and orders
Reuters· 2026-02-10 16:03
Core Insights - Boeing delivered 46 jets in January, marking the third highest delivery for that month in the company's history [1] - The deliveries included 38 units of the 737 MAX, which is Boeing's best-selling jetliner, and five units of the 787 Dreamliner [1]
U.S. won't impede American companies' access to Nvidia chips, Lutnick says
Reuters· 2026-02-10 15:53
The Trump administration won't hamper American companies' access to advanced artificial intelligence chips designed by Nvidia , Commerce Secretary Howard Lutnick said on Tuesday. ...
First Citizens CEO Frank Holding named to Federal Advisory Council
Reuters· 2026-02-10 15:51
Core Insights - First Citizens BancShares' CEO Frank Holding has been appointed to the Federal Reserve Board of Governors' advisory council for 2026 [1] Company Summary - The appointment of Frank Holding signifies First Citizens BancShares' influence and recognition within the financial sector [1]