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How Intel's Nvidia deal could help Intel's next generation of chip manufacturing
Reuters· 2025-09-18 22:56
Nvidia's deal with Intel could put the struggling chipmaker's next-generation manufacturing technology on a stronger footing, even without a direct commitment from the AI chip leader to use that techn... ...
Cenovus hikes bid for MEG Energy to C$28.44 per share
Reuters· 2025-09-18 22:41
Cenovus Energy said on Thursday it has raised its takeover offer for MEG Energy to C$28.44 per share from C$27.25, intensifying a months-long bidding war for the Canadian oil sands producer. ...
SoftBank Vision Fund to lay off 20% of employees in shift to bold AI bets, source and memo say
Reuters· 2025-09-18 22:38
SoftBank Group will lay off nearly 20% of its Vision Fund team globally as it shifts resources to founder Masayoshi Son's large-scale artificial intelligence bets in the United States, according to a ... ...
Nvidia spent over $900 million to hire Enfabrica CEO, license technology, CNBC reports
Reuters· 2025-09-18 22:36
Nvidia has spent over $900 million to hire Enfabrica CEO Rochan Sankar and other staff at the artificial intelligence hardware startup and to license the company's technology, CNBC reported on Thursda... ...
Disney representatives, Kimmel searched for way to defuse Kirk anger before program pulled
Reuters· 2025-09-18 22:31
Walt Disney representatives and talk-show host Jimmy Kimmel raced to find the right words on Wednesday to calm a social media furor that erupted following criticism of his remarks about slain conserva... ...
Zijin Gold seeks $3.2 billion in Hong Kong IPO as demand for the precious metal soars
Reuters· 2025-09-18 22:22
China's Zijin Gold International, keen to make the most of bullish sentiment for the precious metal, is aiming to raise $3.2 billion in a Hong Kong IPO that is set to be the city's largest in four yea... ...
Capital One settles social media creators' lawsuit
Reuters· 2025-09-18 21:30
Capital One settled a lawsuit by social media creators who said a free browser extension used by millions of people to find discounts stole their sales commissions when shoppers bought their products and services. ...
US Senate confirms top auto safety official, who will oversee Tesla probes
Reuters· 2025-09-18 21:19
The U.S. Senate voted on Thursday to confirm the top auto safety official along with dozens of other nominees, including officials overseeing highways and pipelines. ...
Lyft paid $19.4 million to New Jersey over driver misclassifications
Reuters· 2025-09-18 21:01
Lyft has paid $19.4 million to New Jersey after an audit found the ride-sharing company misclassified more than 100,000 drivers as independent contractors, state officials said on Thursday. ...
US corporate bond dealmaking jumps day after Fed rate cut
Reuters· 2025-09-18 20:30
Core Viewpoint - U.S. corporate bond deal-making in the investment-grade market increased on Thursday, driven by a quarter basis point rate cut from the Federal Reserve during its September meeting [1] Group 1 - The investment-grade corporate bond market experienced a resurgence in deal-making activity after a period of quiet earlier in the week [1]